Tag: BlockchainFree

Blockchain-Free CloudCoin Claims Secure Email-to-Email Transactions

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CloudCoin announced the launch of its cloud-based digital currency July 15. With no blockchain, public ledger, accounts or encryption, CloudCoin claims it is the most private digital currency ever created. It uses technology adapted from the internet’s Domain Name Service (DNS) to enable secure email-to-email or email-to-wallet transactions. CloudCoin says that it eliminates systemic risk of theft by not requiring private keys which can be stolen, and that lost CloudCoins can even be recovered. Not Bitcoin, not blockchain Since the release of the Bitcoin whitepaper back in 2008, cryptocurrencies have…

South Korea Declares Andong City as Blockchain-Free Trade Zone to Boost Medical Hemp Production

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South Korea’s national government has declared Andong (located in the Gyeongbuk province) as a “regulation-free” zone for blockchain development. The city is now a local free trade zone in which blockchain technology would be used for medical-grade hemp (cannabis) management and production. Blockchain Helps South Korea Meet Production Goals Lee Chul-woo, the Governor of Gyeongbuk province, said that the Andong region has become a “special free zone” to allow the industrial-grade production of hemp products. The creation of such a free zone is regarded as a significant development in boosting…