June 2020

Japanese Home Builder Using Blockchain to Simplify Rental Contracts

June 9, 2020 boss

In Japan, one of the biggest home builders is making preparations for its contracts on certain rental homes to go on the blockchain. According to an announcement posted to the company’s website on June 8, Sekisui House said that it would use blockchain for rental housing contracts, including covering electricity and gas. The measures will be implemented before March 2021. Users staying in “Shamaison” rental homes will be able to register their phone numbers and addresses to enter the property without ever contacting a real estate agent. Existing technology makes…

How Can Blockchain Technology End Labour Market Woes?

June 9, 2020 boss

As blockchain technology continues to infiltrate all aspects of our lives, there has been a wide variety of use cases research to explore areas where blockchain technology can be integrated. Blockchain technology is currently serving as a hub for social activities, helping to improve financial transactions. The incorporation of blockchain derivatives as companies has also helped bridge the employment gap in areas of their operation. In research conducted by the American Council on Education, new highlights on probable ways that blockchain technology can help to solve the…

Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement

June 9, 2020 boss

Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest to rebound significantly over the past seven days, signaling that traders are taking positions in anticipation of it making a big near-term movement. There is one technical pattern that suggests the cryptocurrency could be well-positioned…

What is the Cosmos network and ATOM Token?

June 8, 2020 boss

What is Cosmos (ATOM)? Cosmos (ATOM) is a decentralized ecosystem of independent blockchains designed to create the next generation of Internet. Almost every crypto project develops its own blockchain. No matter whether Bitcoin, Ethereum or Ripple, the different technologies are usually not compatible with each other. Instead of continuing this trend, Cosmos intends to connect all blockchain projects and develop an Internet of Blockchains (IoB). The different blockchains remain independent of each other, but retain the possibility of communication and the exchange of e.g. data and coins. To achieve interoperability, Cosmos (ATOM) uses a Byzantine…

Alchemy Pushes Real-Time Crypto Notifications to Your Device

June 8, 2020 boss

One of the time-honored traditions in the crypto community may be on the verge of becoming obsolete. Alchemy, a blockchain development platform, is going live with Alchemy Notify — a push notification for developers that could signify an end to repeatedly refreshing your favorite block explorer while waiting for a transaction confirmation. The crypto user-experience is one of the most derided aspects of the industry, with critics claiming that the complicated nature of transactions, and the time it takes for many blockchain protocols to finalize them, means that cryptocurrency will…

Former KFC Employee Built a Crypto Drug Empire, Lost It All Today

June 8, 2020 boss

The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of his home. According to the Harborough Mail, Paul Johnson, 32, a former KFC employee, ran a darknet marketplace from his semi-detached house in Leicestershire. Johnson was also sentenced to eight years in prison in February. Illegal operations hidden behind a bogus tea-trading business A business studies graduate, Johnson posed as a tea trader as a cover for his international…