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    JP Morgan CIO: Blockchain Will Replace Existing Technology

    JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247 August 23. “We will see a greater and wider use of blockchain […] In a few years blockchain will replace the existing technology, today it only coexists […]

    Crypto Media Banned From WeChat In Sudden Online Sweep

    Blockchain and cryptocurrency media accounts in China have been banned on WeChat, the messenger app owned by Tencent. As first observed by Lanjiner, a China-based finance news outlet, among those affected are Jinse, which is backed by Node Capital, and Deepchain, a site supported by several token funds. At press time, on Jinse’s official Wechat […]

    US Senators Raise Crypto Mining Concerns, Propose Government Blockchains

    Members of the U.S. Senate Committee on Energy and Natural Resources asked about the cost of cryptocurrency mining and the opportunities for blockchain in the public sector on Wednesday. Like other crypto-related hearings on Capitol Hill, the hearing – which featured a range of public and private-sector speakers – served in part as an informational […]

    Alibaba’s Jack Ma Says Blockchain Will Reshape World Financial System in Next 20 Years

    Though Alibaba’s founder Jack Ma may think bitcoin is a bubble, the e-commerce conglomerate firmly believes in blockchain, the technology underlying cryptocurrencies, and says it could reshape the world’s financial system in next 20 years. Jack Ma, founder of Alibaba, is one of the wealthiest people in the world and seen as a global ambassador for Chinese […]

    What is a dApp?

    When Satoshi Nakamato invented Bitcoin, he/she/they presented it as an electronic payment system that obviated the need for banks, financial institutions and other centralized brokers. However, blockchain, the innovative technology that underlies Bitcoin and other cryptocurrencies, has the potential for much more than the store and exchange of money. Soon, developers wanted to use blockchain […]

    UBS CEO: Blockchain Is ‘Almost A Must’ for Business

    The CEO of Swiss financial services giant UBS Group AG endorsed blockchain technology in an interview, suggesting that it is “almost a must” for business. Sergio Ermotti told CNBC Monday that the technology can help companies become more efficient, thereby reducing costs for certain operations. In general, technology will help firms free up resources, but blockchain […]

    How Blockchain Can Finally Fulfill Its Promise in Global Payments

    Julio Faura is the head of blockchain R&D at Santander. There has been much debate about the potential benefits of blockchain technology to improve the world of payments — particularly international payments. This is a business where many different parties need to reach consensus to route the payments, perform currency conversions, and deploy and manage […]

    Blockchain’s Once-Feared 51% Attack Is Now Becoming Regular

    Monacoin, bitcoin gold, zencash, verge and now, litecoin cash. At least five cryptocurrencies have recently been hit with an attack that used to be more theoretical than actual, all in the last month. In each case, attackers have been able to amass enough computing power to compromise these smaller networks, rearrange their transactions and abscond […]

    Xiong’an’s Afforestation Project is Well Underway by Using Blockchain Technology

    Xiong’an New Area, a state-level new area in Baoding area of Hebei which located about 100 km southwest of Beijing, has launched a tree-planting plan on last November. The 6,667-hectare afforestation project is well underway  at present. The work team has also build a smart platform based on blockchain, big data and other high-tech to trace […]

    No, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain

    When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging […]