Day: October 21, 2018

Abu Dhabi, Belgium Ports Partner over Blockchain Trade Pilot Project

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Abu Dhabi Ports has partnered with its Belgian counterpart to begin a blockchain-powered supply chain pilot project, the company revealed in a press release. Silsal, as the project is titled, uses an electronic blockchain ledger system to provide full cargo visibility and streamline trade flows and supply chains. If tested successfully, the Silsal project expects to automate the exchange, identification, and acknowledgment of cargo documents between Abu Dhabi ports and Belgium’s Port of Antwerp. Each stakeholder acts like a node of a blockchain network who gets to access and acknowledge the real-time supply…

the Great Tether ‘Unpegging’ and Wozniak Gets Into Blockchain

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Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Investment Giant Fidelity Launches Digital Assets Service U.S. investment firm Fidelity has launched a digital assets service targeting institutional clients this week. The new company, Fidelity Digital Asset Services, will offer custody and trade execution services for digital assets, looking towards hedge funds,…

Bityaris Announces the Launch of Innovative Crypto Exchange

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With an innovative vision to decentralize the blockchain space and build a world-class crypto exchange, Bityaris, bringing together the world’s best brains in the crypto-space announces the launch of its highly anticipated, self-reliant cryptocurrency exchange platform which will feature a broad array of functionalities. The official launch date of Bityaris Decentralized Exchange is 24th October 2018. The new exchange platform aims to decentralize the crypto exchanges, address the existing challenges within the crypto space and provide multiple crypto-based products and services all under one roof. At present, Bityaris will provide…

ING Bank Launches Zero-Knowledge Proof Tech for Blockchain Privacy

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ING Bank is continuing further down the path of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution, announced this week at the Sibos banking conference.  The Netherlands-based lender had already received plaudits for adapting classical zero-knowledge proofs (a way of proving possession of a secret without revealing the secret itself) into a simpler form for use within the bank called zero-knowledge range proofs. Zero knowledge range proofs can prove a number is within a specific range. For example, a mortgage applicant could prove that their salary…

ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

boss

ING Bank is continuing further down the path of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution, announced this week at the Sibos banking conference.  The Netherlands-based lender had already received plaudits for adapting classical zero-knowledge proofs (a way of proving possession of a secret without revealing the secret itself) into a simpler form for use within the bank called zero-knowledge range proofs. Zero knowledge range proofs can prove a number is within a specific range. For example, a mortgage applicant could prove that their salary…

Blockchain Industry Could See Nearly 150 Mergers & Acquisitions in 2018

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The prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and more deals within the blockchain space, even in the face of declining or stagnant crypto prices. Despite market volatility and a peak-to-trough bitcoin price decline of nearly 70 percent, the past year has witnessed an increase in merger and acquisition activities in the past year as revealed by data from JMP Securities and PitchBook. According to the data, token values associated…

Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady

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Popular cryptocurrency analyst Willy Woo has observed what many others in the community have overlooked. While this year’s market downturn has shaved off approximately 70% of BTC’s value, the Bitcoin network is quietly gaining scale. It’s a sign of what many blockchain pioneers have been touting during the market downdraft, which is for developers to keep their heads down working without being distracted by the noise that’s surrounding cryptocurrency prices. Congestion on the Bitcoin network reached 95% last week, but if you were transacting in BTC, you wouldn’t have experienced…

Fundstrat’s Tom Lee: $25k For Bitcoin (BTC) Still Possible, “People Are Too Bearish”

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Fundstrat Executive Maintains Bullish Bitcoin Prediction, Calls Investors Bearish When it comes to Bitcoin bulls, there isn’t anyone as optimistic as Tom Lee, a veteran market analyst on Wall Street. Over the course of the past year, on dozens of occasions, Lee has claimed that the foremost crypto asset is poised to surpass $25,000, even in spite of the bearish market conditions. After a multiple-week hiatus from discussing crypto assets, Lee, who is currently acting as the managing director of Fundstrat Global Advisors, sat down with ‘BlockchainChick‘ to discuss his…

iVendPay on Cryptocurrency Vending Machines, GoByte Project

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Smart vending machines capable of handling cryptocurrency payments will be installed throughout Malaysia and Israel by the end of 2018 as a result of a partnership between iVendpay and GoByte. Sergey Danilov, the founder of the iVendPay project, told CCN: “The partnership between iVendpay and Gobyte is caused by the high demand for universal services allowing to pay for goods with cryptocurrency in everyday life. The choice in favor of GoByte was made due to the peculiarities of this cryptocurrency, designed for instant processing of micropayments with a small commission.…

Crypto Markets See Slight Rebound, Bitcoin Trades Above $6,500 Again

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Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin (BTC) back to trading above $6,500, according to CoinMarketCap. Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash (BCH) and NEM (NEO) have seen more gains today, up 2.4 and 4.5 percent over the past 24 hours respectively. Market visualization from Coin360 Bitcoin has seen growth within the day, up almost 1 percent…