Blockchain

Big blow to Facebook’s Libra: Mastercard, Visa, Stripe, eBay and Mercado Pago all pull out

The floodgates opened today on Facebook Inc.’s Libra Association as no fewer than five more companies exited the group overseeing the social network’s proposed cryptocurrency: Mastercard Inc., Visa Inc., eBay Inc., Stripe Inc. and Mercado Pago. Reports that some companies were looking to withdraw their support from Libra surfaced Oct. 1, with PayPal Holdings Inc. becoming the first to […]

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The United Arab Emirates announces blockchain land registry plans for Abu Dhabi

The Department of Urban Planning and Municipalities of the United Arab Emirates announced today a partnership with Tech Mahindra Ltd. to build a distributed ledger blockchain technology solution to track land registry records. Tech Mahindra, an information technology firm headquartered in India, will build the blockchain registry for Abu Dahabi’s land development strategy. By using

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How is Blockchain Revolutionizing the Hiring Process

There is no denying that blockchain technology has the potential to revolutionize all industries across the business spectrum completely. The most notable revolution of this technology is in the cryptocurrency trade. Crypto trade has made it easy and convenient for investors to verify financial transactions. The crypto-technology safeguards Bitcoin data against malicious tampering in the

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Is this the First Political Party to Embrace Blockchain Technology?

The Uruguay Digital Party will apply Æternity blockchain technology in its internal democracy processes MONTEVIDEO, Uruguay — October 3, 2019  — Æternity, the next-generation, open-source blockchain for building decentralized applications, today announced a collaboration with the Uruguay Digital Party to optimize the participation processes of citizens through the use of blockchain technology in internal voting.

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Pope Francis warns against deepfakes and tech ‘barbarism’

(Reuters) Pope Francis urged Silicon Valley giants on Friday to make sure technological advances such as artificial intelligence do not lead to a new “form of barbarism” where the law of the strongest prevails over the common good. Francis made his comments in an address to participants at a Vatican conference attended by executives from

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Cryptocurrency extortion scheme targeted Seattle startup StormX, report says – GeekWire

Steven Nerayoff (second from right) tweeted the above photo of himself alongside StormX founder Simon Yu (third from right) and COO Arry Yu (second from left) in March 2018. “Great friends in blockchain are immutable!” he wrote in the caption. Nerayoff was arrested this week for extorting a company reportedly identified as StormX. (Photo via

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EarthId, self-sovereign identity platform, launches at Open Access on Hedera Hashgraph mainnet

EarthId has a vision of providing a self-sovereign universal Identity to all humans, thereby providing seamless access to global services, in a secure and borderless way. EarthId, a universal self-sovereign identity platform, is an early adopter of Hedera Hashgraph, and among dozens of innovative decentralised apps to launch at Open Access of the Hedera Hashgraph

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Blockstack raises $23M in historic initial coin offering endorsed by the SEC

Blockstack PBC, a startup that has built a blockchain-based network for decentralized apps, Tuesday said it has raised $23 million in an initial coin offering historic as the first token sale to be endorsed by the U.S. Securities and Exchange Commission. Approval for Blackstack’s ICO was granted under Regulation A+, established under the Jumpstart Our Business Startups Act, that

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Learning From Silicon Valley About Blockchain Adoption

One of Silicon Valley’s most compelling attributes is its lack of interest in the traditional bottom line. While most companies focus on revenue and profitability, Silicon Valley leaders tend to view valuation as a success barometer. Because of this mindset, Valley-based companies don’t mind taking significant risks as long as they help achieve big-picture visions.

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Craig ‘Satoshi’ Wright to appeal $5B bitcoin court ruling

Craig Wright, the man who on several occasions has claimed to be bitcoin creator Satoshi Nakamoto, is appealing a court ruling that ordered him to hand over around $5 billion in bitcoin to the estate of former business partner David Kleiman. Southern District Court of Florida magistrate Bruce Reinhart ruled in late August that Wright (pictured) should not

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