Day: November 21, 2018

Bitcoin Cash SV Blockchain Reorganization Draws Further Centralization Criticism

boss

Controversy over Bitcoin Cash’s (BCH) hard fork continued Nov. 19 after Bitcoin Cash SV (BCHSV), one of the two new forks of the altcoin, suffered what is known as a blockchain reorganization. The latest setback to affect the nascent fork, the reorganization (often referred to simply as “reorg”) lasted for two blocks and was initially feared to be a malicious attack. Reorgs occur when two miners solving a block at the same time cause a temporary fork in the network. The miner that solves the next block then dictates how…

Crypto Game Allows Warriors To Get Equipped From Two Platforms

boss

Crypto game developer 0xGames, creator of blockchain-based space strategy 0xUniverse has created a new multi-blockchain competitive battler, titled 0xWarriors. The company says that 0xWarriors is one of the first multi-blockchain based games where players can use different blockchains, starting with EOS and Ethereum, for interactions with each other and equipping their characters. EOS sword and ETH shield 0xWarriors is a multiplayer game where users can fight, take part in weekly tournaments and equip themselves with different items that they collect or trade in an internal marketplace. 0xGames announced that 0xWarriors…

Coinbase Chief Policy Officer Calls It Quits, Is Crypto at Risk of Losing Talents?

boss

The chief policy officer at leading crypto brokerage and exchange platform Coinbase has left his position for one at U.S. venture capital firm Andreessen Horowitz. Is Michael Lempres’s move indicative of a wider pilgrimage of talent from the digital asset industry in the wake of the 2018 bear market? Will More Crypto Talent Follow Lempres’s Lead? According to an article in Bloomberg, Lempres, has decided to leave the position he started in September of this year. He will instead take up a role with one of Coinbase’s earliest investors, Andreessen…

NBA Legend Kobe Bryant to Speak at Tron’s Crypto Conference

boss

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. NBA legend Kobe Bryant has been confirmed for a high profile speaking slot at niTROn 2019, the inaugural international crypto conference organised by Tron. Marketing boon for Tron? Looking forward to having @kobebryant, CEO & President of Kobe Inc and #NBA legend, at our first international conference #niTROn2019!! Excited to exchange insights on entrepreneurship! Join the event https://t.co/ahMTEsixkg pic.twitter.com/WP7Gjcmx6D — Justin Sun (@justinsuntron) November 20, 2018…

Major Crypto Exchange Binance to Use Refinitiv KYC Solution in Internal Workflow

boss

Cryptocurrency exchange Binance will use an automated Know Your Customer (KYC) application provided by financial software firm Refinitiv, according to an announcement published Nov. 20. Binance personally confirmed the use of Refinitiv’s software to Cointelegraph. Formerly the Financial & Risk business division of Thomson Reuters, Refinitiv provides markets data and infrastructure, while its portfolio reportedly accounts for over 4,000 institutions worldwide. According to the announcement, the KYC solution will enable the world’s leading cryptocurrency exchange by adjusted trade volume, Binance, to integrate the World-Check Risk Intelligence database into their internal…

Retail Giant Carrefour Launches Blockchain Food Tracking Platform for Poultry in Spain

boss

Retail giant Carrefour, headquartered in France and operating in more than 30 countries, is deploying a blockchain food tracking platform based on Hyperledger in its Spanish network, a press release states Tuesday, Nov. 20. The food tracking solution, initially developed by U.S. tech corporation IBM, will be used to track free-range chickens branded as “Calidad y Origen” (“Quality and Origin”) that were raised in the northern region of Galicia without antibiotic treatment. Each package in the Spanish network will be marked by a QR code providing detailed info on the…

We Won’t Use Blockchain until More Banks Use Ripple

boss

Twitter Facebook LinkedIn Major money transfer service TransferWise has indicated that in spite of excitement over the growth of Ripple’s global payment solution, it has not seen a compelling case for using blockchain technology to carry out its business — yet. Speaking to Fortune recently, TransferWise chairman and co-founder Taavet Hinrikus stated that while there exists a lot of excitement over the possibilities created by the blockchain, its operational realities present a new set of challenges on their own. Excitement Versus Reality Speaking on a new episode of Fortune’s “Balancing the Ledger,” Hinrikus…

We Won’t Use Blockchain until More Banks Use Ripple

boss

Twitter Facebook LinkedIn Major money transfer service TransferWise has indicated that in spite of excitement over the growth of Ripple’s global payment solution, it has not seen a compelling case for using blockchain technology to carry out its business — yet. Speaking to Fortune recently, TransferWise chairman and co-founder Taavet Hinrikus stated that while there exists a lot of excitement over the possibilities created by the blockchain, its operational realities present a new set of challenges on their own. Excitement Versus Reality Speaking on a new episode of Fortune’s “Balancing the Ledger,” Hinrikus…

Siemens Joins Blockchain-Driven Energy Platform to Increase Interoperability in Industry

boss

Two energy divisions of German tech giant Siemens have joined a blockchain-driven energy platform to promote the use of decentralized technologies in the sector, according to a press release published Wednesday, Nov. 21. According to Siemens, its Energy Management and Power Generation Services departments are partnering with open-source, scalable blockchain platform Energy Web Foundation (EWF), founded in 2017 to elaborate regulatory, operational, and market solutions for the energy sector. Siemens officials believe that blockchain technology will help increase interoperability in the area, linking consumers with energy producers and network operators,…

RACB Will Offer Insurance Services For Russian Blockchain Companies

boss

RACB Will Offer Insurance Services For Russian Blockchain Companies November 21, 2018 by Jeff Fawkes RACB Vice President Valerii Petrov outlines the bright prospects for the blockchain space in Russia. Working with AIG and Arsenal, his venture is now ready to offer a wide range of insurance plans to blockchain companies to help protect them in the case of DDoS attacks, information leaks, and hacks. Also read: Jihan Wu: ‘I Have Huge Confidence in the Future of Bitcoin Cash’ Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts…