With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime. The “Petros” cryptocurrency will have an initial value tied to the price of a...
RMIT, an Australian public research university, has launched Australia’s first university Blockchain course, according to Business Insider Australia. The 8-week course, entitled “Developing Blockchain Strategy”, was designed by RMIT’s Blockchain Innovation Hub and partners with consulting firm Accenture and fintech hub Stone & Chalk. The online course description promises a...
In a watershed moment for United States blockchain and cryptocurrency law, Wyoming’s House of Representatives unanimously voted “aye” to pass two blockchain bills – HB 70 the “utility token bill” and HB 19 the “bitcoin bill” –  sending them to the State Senate for consideration. HB 70 defines utility tokens as...
NASA and other space agencies, such as the European Space Agency (ESA), are considering potential applications of blockchain technology to space missions and internal operations. According to a NASA presentation titled “Bitcoin, Blockchains and Efficient Distributed Spacecraft Mission Control,” blockchain technology could have useful applications in distributed spacecraft missions involving...
Microsoft revealed its plans to integrate Blockchain-based decentralized IDs (DIDs) into its  Microsoft Authenticator app, the company announced in a blog post Monday, Feb. 12. As reported in the post, Microsoft is looking to provide new a model of digital identity that would not be controlled by any centralized institution...
Blockchain technology can revolutionize the way in which businesses provide services to both consumers and to other organizations. From building digital trust over a completely transparent ledger, to allowing participants to quickly interact via a peer-to-peer network, blockchain technology is proving to be a solution that will drive the...
Blockchain technology is the underlying framework upon which most cryptocurrencies operate and it has become one of the most important technological advances in the 21st century. Simply put, a Blockchain is a secure system that stores information. This is typically done in individual blocks which are encrypted, together forming a...
Square’s “Cash App” has been updated to allow for purchasing of up to $10,000 worth of bitcoin a week. Since making the announcement, Square has seen its stock has climb nearly 3 percent. Cash App is a peer-to-peer payment system from Square that allows people to pay each other directly and quickly. This...
The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees...
Regardless of where your allegiances lie in the crypto community, homage should be paid to the original Blockchain solution - Bitcoin. However, it has been 10 long years now since Bitcoin came into being (an eternity in the cryptocurrency space) and things are starting to get away from the...