Tagged: dlt

August 22, 2020 @ 4:07 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase claims it wasn’t targeted by “any of the attack transactions and lost no funds” when Ethereum Classic (ETC) recently suffered 51% attacks. A 51% attack on a blockchain or distributed ledger technology (DLT) platform can take place when a malicious… Read More

August 20, 2020 @ 9:34 pm By Omar Faridi  |  

South Korea’s ICONLOOP, a major blockchain or distributed ledger technology (DLT)-focused firm, revealed on August 19, 2020 that Jeju Island, the nation’s most popular local tourist destination, will be using its Decentralized Identity (‘DID’) blockchain tech to offer private, secure COVID-19 contact tracing to (approximately)… Read More

August 20, 2020 @ 9:00 am By Omar Faridi  |  

Blockchain infrastructure developer, Bison Trails, revealed on August 20, 2020 that it has launched its double-signing protection software (DSP) which aims to address the risk of “slashing penalties” associated with double-signing messages for the same block on a distributed ledger tech (DLT) based platform. According… Read More

August 20, 2020 @ 12:42 am By Omar Faridi  |  

Blockchain platforms Ontology, Neo, and Switcheo have announced the launch of Poly Network, a “heterogeneous” distributed ledger technology (DLT) interoperability protocol alliance. The Poly Network will enable cross-platform interoperability, which should significantly increase transparency and accessibility. As mentioned in a blog post by Ontology: “Enterprises… Read More

August 19, 2020 @ 10:33 pm By Omar Faridi  |  

An “investor revolt” and legal dispute might further delay the launch of Filecoin, a highly-anticipated cryptocurrency project that broke the all-time record of capital raised via controversial initial coin offerings (ICOs) when it secured $257 million+ by September 2017. (Filecoin’s record was later shattered by… Read More

August 18, 2020 @ 10:55 pm By Omar Faridi  |  

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, has teamed up with MYKEY, in order to bring MYKEY’s core technologies, including its Smart Wallet and digital identity, and also MYKEY’s ecosystem to IRISnet’s “internet of blockchains.” Through the partnership,… Read More

August 18, 2020 @ 8:23 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), notes that suddenly everyone is talking about decentralized finance or DeFi. Indeed, the DeFi ecosystem is expanding rapidly, despite the risks… Read More

August 17, 2020 @ 9:45 pm By Omar Faridi  |  

The COVID-19 outbreak had led to many Asian countries exploring the adoption of blockchain or distributed ledger technology (DLT) in order to securely manage data, according to an update from the Nikkei Asian Review. Tomohiro Maruyama, senior manager of PricewaterhouseCoopers (PwC) Consulting, told Nikkei that… Read More

August 16, 2020 @ 7:52 pm By Omar Faridi  |  

The number of transactions conducted on the Ethereum (ETH) blockchain have increased by over 2x in 2020, when compared to last year. The world’s second-largest blockchain (behind only Bitcoin) is now handling around the same number of transactions as it did back in January 2018,… Read More

August 16, 2020 @ 6:24 pm By Omar Faridi  |  

Ontology (ONT), a high-performance or “high-throughput” blockchain platform with a market cap of over $510 million according to CoinGecko data, revealed on August 14, 2020 that it has completed the development of the next stage of its open-source DID smart contract – which has been… Read More

August 15, 2020 @ 11:28 am By Omar Faridi  |  

Ontology (ONT), a “high-performance” or high-throughput blockchain platform with a market ca of over $510 million according to CoinGecko (at the time of writing), recently announced the launch of “Ontology Mercury,” which is described as a “trusted,” Decentralized Identifier (DID) based peer to peer (P2P)… Read More

August 14, 2020 @ 6:06 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), has joined the Flipside Data Cooperative. As mentioned in a blog post by Qtum, the Flipside Data Cooperative is a transparency initiative… Read More

August 12, 2020 @ 9:46 pm By Omar Faridi  |  

The South Korean city of Seongnam is reportedly planning to expand its blockchain or distributed ledger tech (DLT)-enabled payment platform by introducing digital gift certificates. The city’s DLT based payments platform will be accessible via a mobile app, called Chak. The app has been developed… Read More

August 11, 2020 @ 8:28 pm By Omar Faridi  |  

Blockchain infrastructure developer, Bison Trails, revealed on August 11, 2020, that it has added support for the Flow blockchain. As explained in a release shared with CI, Bison Trails’ support of Flow will let users access its multi-role architecture. All five Flow node types will… Read More

August 9, 2020 @ 9:10 pm By Omar Faridi  |  

Ubitquity, the developer of a blockchain-enabled platform for real estate and title recordkeeping, has teamed up with Washington-based Rainier Title, which aims to offer the “highest levels” of real property title and escrow services. As mentioned on its official website, Ubitquity offers a simple user… Read More

August 9, 2020 @ 4:57 pm By Omar Faridi  |  

A division of China’s state-owned power grid has reportedly introduced a blockchain-enabled blackout insurance policy that’s issued to the chairman of a local firm that had to compensate for a recent loss due to a power outage. The Zhejiang Ningbo Power Supply Company has teamed… Read More

August 8, 2020 @ 9:03 pm By Omar Faridi  |  

Ontology (ONT), a “high-performance” or high-throughput blockchain platform for enterprises, has teamed up with the developers of the NEAR Protocol in order to speed up the development and deployment of secure “decentralized” identity solutions. The Ontology team will offer technical support for NEAR’s Decentralized Identifier… Read More

August 8, 2020 @ 7:36 pm By Omar Faridi  |  

Santiment, which offers on-chain, social and curated information on over 900 cryptocurrencies, notes that, quite often, development activity is an “underrated” indicator of the success of a blockchain or digital asset project. Santiment believes that developer activity for crypto-related initiatives proves or shows the month-to-month… Read More

August 8, 2020 @ 7:01 pm By Omar Faridi  |  

Equilibrium, which describes itself as an all-in-one, interoperable decentralized finance (DeFi) Hub that lets users stake (cryptocurrencies) and earn, lend and raise liquidity “all in one place,” has partnered with Polkadot, a leading blockchain protocol that has been founded by Gavin Wood, an Ethereum (ETH)… Read More

August 7, 2020 @ 7:33 pm By Omar Faridi  |  

Polkadot (DOT), a “decentralized” Web 3.0 compatible, blockchain interoperability initiative, recently launched its test network (testnet), in order to assess its planned sharding implementation – which will be based on parachains. As explained by the Polkadot team,  a parachain is an “application-specific” data structure that’s… Read More