Tag: Blockchain

Blockchain as Key to Vienna’s Digital Future — Interview with Ulrike Huemer, CIO of Vienna, Austria

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Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key part of transforming public goods and services in order to reach that goal. Vienna is especially keen on innovation, trying to find new solutions by way of digitization. Easy access and clear-cut benefits are key aspects to finding broad acceptance among Vienna citizens, making them willingly partake and help to better the transformation process.   To further the breakthrough of digital technologies and make…

Dutch Multi City Blockchain Week to be First of its Kind with Events Hosted All Over the Country

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Dutch Blockchain Week that will be held from the 2nd until the 7th of June 2019, will also be the first of its kind with events hosted not just in one city, but in seven cities all across the Netherlands. Right now the events are taking place in Amsterdam, Rotterdam, Utrecht, The Hague, Arnhem, Tilburg and Almelo and the number of participating cities is still rising.  Blockchain Netherlands, the initiator of the event, is unifying the Dutch ecosystem creating a truly community-driven Blockchain week, aiming to connect and strengthen this…

ABB Launches Blockchain Pilot for Solar Energy Sector

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International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16. To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy a blockchain it jointly developed with blockchain-based platform Prosume. The pilot will purportedly enable transparent and secure p2p energy transactions, as well research blockchain’s role in the smart grids market. ABB told PV Tech that the project’s objective is to…

20-Year-Old Cryptographic Puzzle Is Solved and Stamped in the Bitcoin Cash Blockchain

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A fiendishly tricky puzzle that has baffled cryptographers for two decades has been solved, and the proof preserved on the BCH and BTC blockchains. The feat, which was achieved 15 years earlier than the puzzle’s architects had anticipated, was commemorated with another premature reveal – the opening of a special time capsule. Also read: ‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright Moore’s Law Estimated This Puzzle Would Take 35 Years to Solve In April 1999, cryptographers at the Massachusetts Institute of…

Blockchain Platform Converts Users Fame Into Coffee and Clothes

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Mithril, a decentralized platform that rewards content creators on social networks, told Cointelegraph that they are working on expanding the acceptance of its MITH token merchant network into different categories, such as coffee shops, restaurants, sports clothing and adult entertainment platforms. For instance, the team has announced a partnership with AccuPass, a Taiwanese ticket aggregator. According to Mithril, users are now able to purchase concert tickets with its tokens. In March 2019, SWAG, an adult entertainment network that connects amateur porn models and their fans, with more than 1.5 million…

Cornell Uni’s Emin Gun Sirer Debuts Ava Blockchain Following $6 Million Investment

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Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16. Sirer, the creator of the first crypto based on proof-of-work (PoW) — Karma System — is now planning to launch a blockchain network that he touts as running as many transactions per second as payment giant Visa. Having raised $6 million from major investors such as Andreessen Horowitz, Polychain and MetaStable in February, Sirer’s Ava Labs has reportedly launched a private test version…

Bitcoin Cash Vigilante ‘Liquidates’ Upgraded Blockchain Attacker’s Funds

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By CCN: An attempted disruption of the Bitcoin Cash blockchain resulted in a negative outcome for the attacker. A BCH tinkerer with Reddit username NilacTheGrim boasted yesterday that he had “liquidated” the crypto funds belonging to the would-be blockchain bandit. Weak Address Security Come Back to Bite Bitcoin Cash Attacker To do so, he found a flaw in the wallet security model used by the attacker, who has not identified himself or been identified at press time. “The attackers used p2sh addresses that had easily guessable scriptSigs (they lacked a…

Bitcoin Cash Vigilante ‘Liquidates’ Upgraded Blockchain Attacker’s Funds

boss

By CCN: An attempted disruption of the Bitcoin Cash blockchain resulted in a negative outcome for the attacker. A BCH tinkerer with Reddit username NilacTheGrim boasted yesterday that he had “liquidated” the crypto funds belonging to the would-be blockchain bandit. Weak Address Security Come Back to Bite Bitcoin Cash Attacker To do so, he found a flaw in the wallet security model used by the attacker, who has not identified himself or been identified at press time. “The attackers used p2sh addresses that had easily guessable scriptSigs (they lacked a…

Sports Blockchain Venture Chiliz Announces Strategic Partnership With Binance Chain

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Sports blockchain venture Chiliz has announced a strategic partnership with Binance Chain, the mainnet of major cryptocurrency exchange Binance. The news was revealed in an official press release on May 17. As previously reported, Chiliz ($CHZ) is a sports industry-oriented digital currency that powers the tokenized fan engagement platform and blockchain-powered mobile app, Socios.com. High-profile Socios partners to date have included major soccer teams Paris Saint-Germain and Juventus, who plan to use the platform to launch fan token offerings for their club-branded tokens, which will confer voting rights for club-related…

Amazon Patent Casts Light on Plans to Create Proof-of-Work Blockchain Analog

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Retail behemoth Amazon has received a patent for generating Merkle trees as a solution to the proof-of-work (PoW) algorithm, a document confirmed on May 14. Amazon, which has taken an increasing interest in blockchain technology in recent times, now appears to be targeting development of a specific variation of the instrument. Specifically, the patent targets Merkle trees — a data verification tool — to constitute the work required in a PoW setup. PoW is the algorithm used in bitcoin (BTC) and some other major cryptocurrencies such as litecoin (LTC), dogecoin…