Fiat Currencies Are About to Become Essential to Public Blockchains

We were promised a global financial and industrial revolution. We got a mango tracker. Three years since enterprises started exploring the possibilities in blockchain, it’s perfectly understandable to be disappointed with what we’ve got so far. But believe it or not, the seemingly banal applications for blockchain we’re seeing, from food traceability to software licenses, […]

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Not Sold On Blockchains for Business? Just You Wait

We were promised a global financial and industrial revolution. We got a mango tracker. Three years since enterprises started exploring the possibilities in blockchain, it’s perfectly understandable to be disappointed with what we’ve got so far. But believe it or not, the seemingly banal applications for blockchain we’re seeing, from food traceability to software licenses, […]

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World’s Largest Asset Manager BlackRock Is Exploring Bitcoin

The floodgates could be about to open in the cryptocurrency market. BlackRock, the world’s largest asset management firm, with $6.3 trillion in assets under management, is exploring bitcoin. The firm reportedly has established a working group to determine opportunities surrounding cryptocurrencies and blockchain technology, according to Financial News London. The reaction is twofold. If BlackRock can […]

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Research: Quantum Computers Can Decipher Private Keys of Cryptocurrencies

Immutability and difficult-to-solve algorithms are the main attractions for cryptocurrencies like Bitcoin apart from potentially creating a new financial system. However, recent research suggests the underlying technology may not be as resilient as perceived. Quantum Computing Threatens Bitcoin On July 16, 2018, academic outlet The Conversation highlighted a method utilizing powerful quantum computers to decipher Bitcoin’s algorithms with ease. For […]

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PoWx: The New Effort to Change Bitcoin Mining Explained

A long-controversial bid to change bitcoin just got a big boost. Boasting the support of tenured developers, a non-profit foundation called PoWx launched this week with the goal of putting a more sophisticated wrapper on the idea that proof-of-work (PoW), the way the network comes to agreement on which transactions are valid, could be replaced with a newer, supposedly […]

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Is Walmart Poised to Become a Major Blockchain Player?

Semantics aside, the world of blockchain technology represents a new paradigm in the way businesses interact and operate. When its true potential is realized, the integration of blockchain throughout global industries may manifest as a transformative wave that beckons the next era of technology and business. While one certainly wouldn’t expect retail giant Walmart to […]

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Four Cryptocurrency Futures: How Bitcoin, Blockchain Could Transform The Financial System

Imagine being told one day that your paychecks would be in Bitcoin. Pretty cool, right? Except your liquid assets could tumble in value at any moment in this cryptocurrency future. And you’d have to convert your cryptocurrency to dollars to buy groceries at Walmart (WMT), coffee at Starbucks (SBUX) or books on Amazon (AMZN). The surge in value of Bitcoin and […]

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