Category: Blockchain

Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO

Since the crypto industry is growing at a frantic pace, blockchain analytics can help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants. “There has been a conscious effort in implementing stricter crypto regulations worldwide. Blockchain analytics will play a crucial role in decision-making processes for organizations dealing with crypto and blockchain technology,”  said Chowdhury. Blockchain analytics is believed to be constructive in establishing order and propelling sustainable growth in the crypto sector.  Blockchain analytics render actionable insights that help enterprises…

Italian government will provide $46 million in subsidies for blockchain projects

The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. In a Tuesday announcement, the ministry said companies and public or private research firms will be able to apply for funding from the government for the development of projects related to artificial intelligence, the internet of things, and blockchain technology. The fund will have an initial budget of 45 million euros — roughly $46 million at the time of publication — for…

Dollar Strength Causes Bitcoin Weakness – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin remains below the 2017 all-time-high which is concerning for bulls. The LUNA and UST crash has led to a tragic contagion amongst other crypto firms, as we have seen liquidity withdrawn from the crypto market at an extraordinary rate. In the Bank of England’s financial stability report on Tuesday, the bank’s Financial Policy Committee (FPC) briefly addressed cryptocurrencies. The report noted that while crypto poses a less immediate risk it is nonetheless important to monitor, as several vulnerabilities have been…

EPC Blockchain among 16 Startups Selected to Join EY Incubator

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow. EPC Blockchain, a Malaysian-based firm, is among those chosen, and it utilizes blockchain technology to record energy investments needed when crowdfunding energy projects. As a result, it tackles the challenge of climate change through public mitigation. EPC Blockchain also enables small project developers to monetize carbon credits from energy projects. From this…

Tron Founder Justin Sun Champions for Blockchain Tech in WTO Event

‘Global Economy Can Be Fixed by Blockchain,’ Says Tron Founder Justin Sun, the founder of Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix global economic crises at the Twelfth Ministerial Conference (MC12). Sun spoke during the Small Island Developing States (SIDS) segment, where delegates of various WTO member states raised the discussion on climate change, ocean management, and e-commerce, among other topics. <blockquote> “Global economy can be fixed by digital transformation and blockchain technology.” <blockquote> He revealed that Grenada is “heavily dependent” on…

Key Metrics to Measure Blockchain Network Performance

Everything out there has a particular set of characteristics against which its performance can be measured. Be it something as simple as a car or as intricately intertwined as the blockchain. These factors also help draw a comparison between two or multiple blockchains in order to find out the one that’s best for developing projects, trading coins, or minting NFTs. So, let’s find out the key metrics employed to measure the blockchain network performance. You could also use these to compare Zenith, a hybrid chain, with other blockchains and find…

Does the Metaverse need blockchain to ensure widespread adoption?

Many assume, too, that blockchain technology will play a key role in the Metaverse, along with other emerging technologies such as artificial intelligence (AI) and virtual reality (VR). But, is the use of blockchain really a foregone conclusion? Stanford University professor Jeremy Bailenson recently moderated a World Economic Forum panel with some of the world’s leading thinkers of the Metaverse and blockchain. “The first question posed to the panel was ‘Do we need the blockchain for the metaverse?’” Bailenson, founder of Stanford’s Virtual Human Interaction Lab, recounted to Cointelegraph. “The…

Fintech-Ideas brings blockchain functionality to its range of platforms

Berlin, Germany, 3rd July, 2022, Chainwire Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage. The integration of blockchain functionality into the company’s fintech and marketing platforms will deliver web3 services on demand. Customers will be able to gain exposure to crypto-based technologies, including blockchain, with minimal setup costs and lead time. Flagship Fintech-Ideas products such as Pushnoti, LiberSave, and ITTechAV are relied on by millions of customers for…

Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns

Peng Zhong, the CEO of Ignite, the company behind the Cosmos blockchain ecosystem, announced his resignation on Friday. Zhong’s departure comes just a few months after the firm recently changed its name from Tendermint to Ignite as part of its reorganization plan. In February, Tendermint rebranded itself to “Ignite” to bring fresh change and action within the company. In late May, Ignite further split into two entities: Ignite and NewTendermint. The return of Jae Kwon, the original co-founder of Ignite, led to the company’s split into two business subsidiaries during that…

Minima Blockchain Network Reaches 120,000 Complete Nodes, Surpasses Bitcoin Node Count

Minima Global, a London-based cooperative blockchain network that enables anyone to run a complete node on mobile and IoT devices, announced on Thursday that the number of Minima nodes has reached 120,000 spread across 183 countries, surpassing Bitcoin’s node count and distribution. According to the report, 120,000 complete nodes are now connected over the Minima network. Minima achieved such a great success by ensuring running a complete node (that both validates and constructs its blockchain) is as simple as downloading an app so that a completely decentralized network can be…