In 2013, hackers managed to access the AP twitter account and posted a fake tweet implying that there was an explosion in White House and the then President Obama had been injured. Following the Tweet, the stock market went into panic mode with the Dow plunging over 150 points and the S&P 500 shedding $135.6 […]
Tag Archives: Blockchain
Most People Are Dead Wrong About Bitcoin and Criminals
It seems that these days, cryptocurrency can’t catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142 after announcing it was acquiring […]
Blockchain Beyond Banking
Thanks to all the media attention surrounding Bitcoin and other cryptocurrencies, blockchain technology is commonly associated with finance. But that’s too narrow a vision of this technology’s true capability — the concept of a digitally signed and distributed ledger is universally applicable to business processes. Blockchain technology serves as an objective, technologically sound way to […]
A Tale of Two Bubbles: Why Cryptocurrency Isn’t the Next Dot-Com
Economic bubbles aren’t new. From the tulip bubble of the 1630s, to the dot-com boom of the late 1990s, to the big-tech mania we’re seeing today, overvaluations happen — but not all bubbles pose the same risks or offer the same rewards. Every few years, it seems we’re warned of another looming “bubble” about to burst. Most […]
Cross-Platform Scaling: The Way Forward for Businesses on Blockchain
Over the past 18 months, we have witnessed a significant shift in the state of the financial markets. Cryptocurrencies, once a niche fascination, have exploded in value. At the start of 2017, digital currencies held collective market cap of less than a $20 billion. They entered 2018 with a head-turning $850 billion market cap – […]
Blockchain in Retail: Changing the Shopping Experience
While blockchain may have initially started out as the technology behind cryptocurrency, numerous innovators have quickly found other applications for it. Besides other non-financial applications like cloud storage, contracts, and smart cities, blockchain is viewed as an ideal solution for disrupting the retail landscape. While the changes may not be able to be implemented overnight in […]
Optimizing Business Decisions With Blockchain Technology
When businesses fail to make better decisions, they are bound to fail. In fact, studies have shown that most firms fail at strategy formulation and execution rather than product development. Simply put, a business may have the best product in the world, but if it fails to make the right implementation decisions, it is doomed. Better decision […]
A marketplace solution for IoT development through decentralized smart contract ledger
Why Internet of Things matter The Internet of Things (IoT), as many may be aware, is a network of things connected through the internet. These things could be any device from simple appliances such as coffee makers and light bulbs to complex ones like vehicles etc. Wouldn’t you love it if your bike or car […]
AI and Blockchain Tech Are The Future of Successful Trading
In the past five years, the global financial industry has experienced major disruptions thanks to innovative technologies in AI, Machine Learning, and Blockchain. The rate at which supercomputers are taking over the financial sector is leaving no doubt that the future of finance will largely depend on computer scientists and big data experts rather than […]
How The Drone Industry Evolve In 2018
Drones are a perfect example of how our technology has evolved and will continue to grow in the future. So, what exactly does it offer? For casual users, it is just a fun toy. However, drones have use cases in multiple fields, including safety, health, and industry.
Cybersecurity in IoT: Achieving Digital Security in an Age of Surveillance
In the 2006 science fiction thriller Déjá Vu, Denzel Washington plays a government agent who uses novel government technology to fold time and space back onto itself so that he can retroactively prevent a terrorist attack. It’s a creative interpretation of the concept of déjà vu, and, of course, Washington’s character uses this technology only for […]
Zest labs brings IoT and blockchain to the fresh food supply chain
With all the hype around blockchain, it’s a technology that’s still finding its feet when it comes to wide, mainstream adoption. Therefore it’s not every day when you come across a company that uses both IoT sensor technology and the blockchain to solve a common agricultural problem. Zest Labs have created a fresh food management solution that […]
Why Your Bank Hates You For Loving Bitcoin
Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public. As of this writing 1 bitcoin is now worth over $5,600 USD. And its meteoric rise doesn’t look to be abating any time soon. Its potential to reshape how we […]
[INFOGRAPHIC] The history of Ethereum
Ethereum (ETH) creates much debate in the crpytocurrency world about whether or not the overtaking of Bitcoin is possible. Since its inception in 2014, ETH radiates an aurora of trust and hope about being the golden standard for cryptocurrency. This reputation results from not only as a result of the technology that supports it, but also […]
The rise of crypto powered business platforms
Be it the budding investors making millions of dollars from cryptocurrency or businesses hailing its high data security capability, my attraction for Blockchain grew exponentially when I learned devices could repair themselves in near time future. That’s a theory combining Blockchain and Internet of Things leading to a collaboration for a stunningly innovative world. As for now, nothing […]
The future of tokenization and blockchain is not just ICOs
Blockchain business case variety seems secondary in the conversation around blockchain hype. Tokenization on a blockchain system has received attention around the world with the increasing prevalence of ICOs (Initial Coin Offerings). For those who continue to see “ICO”, but have no firm understanding of the definition, here’s an over simplified version. An ICO is […]
LAToken raises millions in ICO to create “the first asset-backed token exchange”
As the ICO fever continues to rise, LAToken, a blockchain platform which aims to make tradable potentially any type of assets, raised the equivalent of $9.6 million in late August. In just three days, investors bought 30 million tokens, each one amounting to 0,001 Ethereum (ETH). Founded by Russian entrepreneur Valentin Preobrazhenskiy, the LAToken platform (short for “Liquid […]
This Russian-designed token wants to tackle crypto-volatility
In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens comes as no surprise. The concept is not new, but we are now witnessing its first applications. One of these projects is propelled by Goldmint, a company with Russian roots now preparing for an ICO and the […]
Russian government turns to Ethereum Foundation for blockchain plans
Last week VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications. The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly republic of Tatarstan. See […]
IOTA gets ready to hack for climate change this fall
The IOTA Foundation will be the platform sponsor for the upcoming Hack4Climate conference, taking place from November 12 to 16 in Bonn, Germany, alongside the UN Climate Change Conference. A blockchain hackathon for climate change is scheduled to last all four days. Developers will team up with climate experts to build unique solutions using distributed […]