The Lightning Network provides cryptocurrency investors with an alternative over congested blockchain networks. Ever since, people have started facing scalability issues with Bitcoins, alongside several problems have been highlighted such as transaction delays and associated transaction fees. With lightning Networks, investors are able to enjoy faster transactions at lower costs. People have high expectations from […]
Samsung has announced crypto partners for its newly launched Galaxy S10 series. The smartphones will feature various crypto and blockchain related features, such as wallet functions for Ethereum (ETH), Bitcoin (BTC), COSMEE token (COSM), and Enjin’s token (ENJ). COSMEE is a blockchain-powered mobile beauty decentralized app with which users can earn and spend COSM tokens. And, Enjin is another cryptocurrency wallet that can be used to send and receive ERC-20 tokens and ERC-1155 crypto game assets.
Telefónica, Spain’s telecom company, has partnered with Microsoft to use blockchain and Artificial intelligence (AI) in expanding its digital innovation. As stated, Telefónica will leverage Microsoft’s Azure platform to build new services tailored for the telecoms industry. The company is already using AI to improve its customer relationships and is looking forward to reaping more benefits of Azure AI.
Have you ever thought of printing your own dollars, or any other currency? Well, this may sound a bit absurd to people who know nothing about cryptocurrencies. But, when you’ve already arrived on this page, it means that you already have the basic understanding of digital or virtual coins. Unlike fiat currencies, creating a new […]
Mercedes-Benz, owned by Daimler AG, has partnered with Icertis, a provider of contract management software for enterprise businesses, to launch another blockchain-based pilot project. The pilot will focus on analyzing how blockchain can improve the documentation of contracts in supply chain, thereby helping Daimler to explore better third-party suppliers with greater transparency.
Until a few years back, consumer expectations were much less. Unlike today, they did not mind waiting even for a week or so, to get an order delivered at their doorstep. However, the current scenario is completely different; customers not only give preference to an item’s quality and price, but also their turnaround times. Today, […]
Bank Frick, a Liechtenstein-based bank, has announced the launch of its subsidiary, DLT Markets, an institutional cryptocurrency trading platform. The subsidiary is aimed at offering institutional investors with fully regulated and secure multi-exchange access to the digital token asset class. Edi Wögerer, CEO of Bank Frick, has said that DLT Markets will be serving as an unique entity reaping the benefits of a fintech company integrated with a bank regulated by the EU.
Siemens has conducted a blockchain-based money market security transaction pilot, in collaboration with Commerzbank, a banking and financial services provider in Germany, and automotive company Continental. The pilot was carried out in January, where Continental acted as the security issuer, Commerzbank provided R3’s Corda-based blockchain platform, and Siemens acted as an investor. As per sources, the results demonstrated transactions with greater flexibility, efficiency and transparency.
The Marshall Islands, a US associated state near the equator in the Pacific Ocean, has signed an agreement with Tangem, a blockchain-enabled smart card company, to introduce Sovereign (SOV), the world’s first decentralized digital currency in physical banknotes form. However, the International Monetary Fund (IMF) has opposed the state’s plans to launch SOV. In September 2018, it urged the island not to create a national digital currency, due to the associated concerns such as macroeconomic and money-laundering.
In the race of blockchain technology adoption, India has been performing quite well so far. What’s been even more interesting is the fact that, in spite of the country’s stern stand against Bitcoins and other cryptocurrencies, it has embraced the technology with open arms. Moreover, to boost the prospects of decentralized systems in India, Prime […]