TECHNOLOGY NEWS

Amazon_blockchain-min

Amazon received patent approval to create a Proof-of-Work [PoW]-based blockchain analog

Retail and e-commerce shark, Amazon has reportedly received patent approval for generating Merkle trees as a solution to the PoW algorithm, as per news. Furthermore, the retail giant is purportedly aiming at creating a specific variation of the instrument based on the original Bitcoin [BTC]’s PoW blockchain protocol. However, citations from the document read, “This document describes techniques for using the generation of Merkle Trees as a solution to a proof-of-work challenge.”

crypto.com_vs_banks-min

Crypto.com’s mobile payment platform unveiled crypto deposit services against banking challenges

As per news, Crypto.com is reportedly offering an application Crypto Earn, giving users, “the freedom to grow their assets.” As per reports, the service is made available via its flagship app allows users to deposit their virtual assets and also gives them the option to hold their assets to accrue incentives. The company adds, consumers can reportedly choose to hold their assets for one or three months, however, the company plans to introduce more flexible features in the future, reported Cointelegraph.

Bosch_adopting_blockchain-min

Bosch refuses to accept fear as reaction to innovations like Blockchain and IoT

Engineering and electronics manufacturing giant, Bosh has reportedly hinted to play a supporting role in defending innovations like the Blockchain and the openness of the Internet of Things [IoT]. As per news, Bosh purportedly highlighted distributed ledger technology [DLT], including blockchain as an essential facet related to the future of both Iot and Economy of Things. As per reports, the company further added saying, “Distributed ledger technologies [DLT] such as blockchain may well become the key technology in these domains,” as per Cointelegraph.

Worldbnk_blockchain_initiative-min

World Band collaborates with Commonwealth Bank for the world’s first blockchain bond transaction

As per the news, the World Bank and the Australia-based Commonwealth Bank [ComBank] have reportedly partnered to enable recording of secondary market bond trading via the Blockchain. As per reports, the institutions announced their successful recording of a secondary transaction for bond-i, a blockchain-based debt instrument. Further to the announcement, distributed ledger [DLT] proved to showcase the “vast potential” of the technology, purportedly marking its first bond to have both issuance and trading recorded on the platform built on the Blockchain, reported CoinDesk.

IOTA_smart_city-min

IOTA pushes for building smart cities across Texas using [IoT]

As per news, one of the fastest growing DLT foundations in the world, IOTA has purportedly announced to sponsor the first inaugural Texas Smart Cities Summit, pushing the endeavour of building smart cities in the state of Texas. As per reports, IOTA has reportedly partnered with Austin Transportation Department for working on interoperability solutions, marking the first step to building a ‘Smart City’. However, IOTA [MIOTA] currently ranks 15th by market capitalization, reflecting a surge rate of 8.16 per cent over the 24-hour time frame at press time, as per CryptoSlate.

IOTA_logistic_application-min

IOTA [MIOTA] adoption: Tangle-based IOTA’ partners with cutting edge fashion label ALYX

As per The Block, Directed Acyclic Graph [DAG]-based project IOTA has reportedly announced it partnering with global manufacturing company Avery Dennison with an intent to create an ethically-sourced industry while promising transparency to its users. As per reports, the first trial for Tangle’ integration will reportedly take place with luxury fashion label ALYX, allowing consumers to track items along the supply chain. Furthermore, the integration will enable brands with access to data and statistics across various sales channels via IOTA’s DLT in real time, reported InvestInBlockchain.

IoT_agro_application-min

DAG-based IOTA partnered with French AgTech startup for IoT application

As per news, French Agtech startup, OKP4 is reportedly switching to IOTA’s Directed Acyclic Graph [DAG]-based “Tangle technology” for the flow of information on temperature and yields of farms. As per reports, Open Knowledge Platform For… [OKP4] purportedly aims to use the open-source platform in the agricultural sector as an information hub, while making use of Internet of Things [IoT] devices and sensors. Furthermore, the Tangle reportedly proves as a fit considering its low consumption on energy for info-exchange activities, proving as an advantage to the farmers, reported AMBCrypto.

blockchain_institute-min

Furthering details on Germany’s European Blockchain Institute of blockchain technology and “Internet of Values”

As per local news, the government of Rhine-Westphalia [NRW] state in Germany had announced plans to establish a European Blockchain Institute of Blockchain research and “Internet of Values”. The institute will reportedly be founded in the city of Dortmund later in 2019, housed within the Fraunhofer Institute for Material Flow and Logistics [IML]. As per reports, the on-going pressure to keeping up with American scientists hot on heels with the Internet of Values research, Dortmund was strategically conducive owing to its technical university.

BCH_hadfork-min

Bitcoin Cash underwent a system-wide hardfork tripped by software bug

As per news, Bitcoin Cash [BCH] reportedly underwent a system-wide upgrade which led to triggering a chain split in its blockchain network otherwise known as, HardFork. As per reports, the split occurred as a result of a code bug which affected the mempool via a version of software-upgrade by BCH developer group BCHABC. The CTO of BCH application CoinText, Vin Armani stated “Blocks were going in empty for about an hour and a half. Now the mempool is clear and transactions are going into blocks normally. All is back to normal,” as reported by Coindesk.

Micrsoft_DID-min

Microsoft’s Blockchain obsession, claims the tech to address “throughput issues”

Microsoft reportedly unveiled its blockchain project for building a decentralized identity [DID] network based on the Bitcoin [BTC] blockchain. As per news, the network will purportedly adhere to standards set by the Decentralized Identity Foundation, which can reportedly address the “throughput issues” a common issue faced on the Bitcoin blockchain, claimed Microsoft. Furthermore, a blockchain identity would purportedly enable users to login into their online accounts without having to reaffirm themselves repeatedly, as reported by CCN.

🔗CCN
Amazon_blockchain-min

Amazon received patent approval to create a Proof-of-Work [PoW]-based blockchain analog

Retail and e-commerce shark, Amazon has reportedly received patent approval for generating Merkle trees as a solution to the PoW algorithm, as per news. Furthermore, the retail giant is purportedly aiming at creating a specific variation of the instrument based on the original Bitcoin [BTC]’s PoW blockchain protocol. However, citations from the document read, “This document describes techniques for using the generation of Merkle Trees as a solution to a proof-of-work challenge.”

crypto.com_vs_banks-min

Crypto.com’s mobile payment platform unveiled crypto deposit services against banking challenges

As per news, Crypto.com is reportedly offering an application Crypto Earn, giving users, “the freedom to grow their assets.” As per reports, the service is made available via its flagship app allows users to deposit their virtual assets and also gives them the option to hold their assets to accrue incentives. The company adds, consumers can reportedly choose to hold their assets for one or three months, however, the company plans to introduce more flexible features in the future, reported Cointelegraph.

Bosch_adopting_blockchain-min

Bosch refuses to accept fear as reaction to innovations like Blockchain and IoT

Engineering and electronics manufacturing giant, Bosh has reportedly hinted to play a supporting role in defending innovations like the Blockchain and the openness of the Internet of Things [IoT]. As per news, Bosh purportedly highlighted distributed ledger technology [DLT], including blockchain as an essential facet related to the future of both Iot and Economy of Things. As per reports, the company further added saying, “Distributed ledger technologies [DLT] such as blockchain may well become the key technology in these domains,” as per Cointelegraph.

Worldbnk_blockchain_initiative-min

World Band collaborates with Commonwealth Bank for the world’s first blockchain bond transaction

As per the news, the World Bank and the Australia-based Commonwealth Bank [ComBank] have reportedly partnered to enable recording of secondary market bond trading via the Blockchain. As per reports, the institutions announced their successful recording of a secondary transaction for bond-i, a blockchain-based debt instrument. Further to the announcement, distributed ledger [DLT] proved to showcase the “vast potential” of the technology, purportedly marking its first bond to have both issuance and trading recorded on the platform built on the Blockchain, reported CoinDesk.

IOTA_smart_city-min

IOTA pushes for building smart cities across Texas using [IoT]

As per news, one of the fastest growing DLT foundations in the world, IOTA has purportedly announced to sponsor the first inaugural Texas Smart Cities Summit, pushing the endeavour of building smart cities in the state of Texas. As per reports, IOTA has reportedly partnered with Austin Transportation Department for working on interoperability solutions, marking the first step to building a ‘Smart City’. However, IOTA [MIOTA] currently ranks 15th by market capitalization, reflecting a surge rate of 8.16 per cent over the 24-hour time frame at press time, as per CryptoSlate.

IOTA_logistic_application-min

IOTA [MIOTA] adoption: Tangle-based IOTA’ partners with cutting edge fashion label ALYX

As per The Block, Directed Acyclic Graph [DAG]-based project IOTA has reportedly announced it partnering with global manufacturing company Avery Dennison with an intent to create an ethically-sourced industry while promising transparency to its users. As per reports, the first trial for Tangle’ integration will reportedly take place with luxury fashion label ALYX, allowing consumers to track items along the supply chain. Furthermore, the integration will enable brands with access to data and statistics across various sales channels via IOTA’s DLT in real time, reported InvestInBlockchain.

IoT_agro_application-min

DAG-based IOTA partnered with French AgTech startup for IoT application

As per news, French Agtech startup, OKP4 is reportedly switching to IOTA’s Directed Acyclic Graph [DAG]-based “Tangle technology” for the flow of information on temperature and yields of farms. As per reports, Open Knowledge Platform For… [OKP4] purportedly aims to use the open-source platform in the agricultural sector as an information hub, while making use of Internet of Things [IoT] devices and sensors. Furthermore, the Tangle reportedly proves as a fit considering its low consumption on energy for info-exchange activities, proving as an advantage to the farmers, reported AMBCrypto.

blockchain_institute-min

Furthering details on Germany’s European Blockchain Institute of blockchain technology and “Internet of Values”

As per local news, the government of Rhine-Westphalia [NRW] state in Germany had announced plans to establish a European Blockchain Institute of Blockchain research and “Internet of Values”. The institute will reportedly be founded in the city of Dortmund later in 2019, housed within the Fraunhofer Institute for Material Flow and Logistics [IML]. As per reports, the on-going pressure to keeping up with American scientists hot on heels with the Internet of Values research, Dortmund was strategically conducive owing to its technical university.

BCH_hadfork-min

Bitcoin Cash underwent a system-wide hardfork tripped by software bug

As per news, Bitcoin Cash [BCH] reportedly underwent a system-wide upgrade which led to triggering a chain split in its blockchain network otherwise known as, HardFork. As per reports, the split occurred as a result of a code bug which affected the mempool via a version of software-upgrade by BCH developer group BCHABC. The CTO of BCH application CoinText, Vin Armani stated “Blocks were going in empty for about an hour and a half. Now the mempool is clear and transactions are going into blocks normally. All is back to normal,” as reported by Coindesk.

Micrsoft_DID-min

Microsoft’s Blockchain obsession, claims the tech to address “throughput issues”

Microsoft reportedly unveiled its blockchain project for building a decentralized identity [DID] network based on the Bitcoin [BTC] blockchain. As per news, the network will purportedly adhere to standards set by the Decentralized Identity Foundation, which can reportedly address the “throughput issues” a common issue faced on the Bitcoin blockchain, claimed Microsoft. Furthermore, a blockchain identity would purportedly enable users to login into their online accounts without having to reaffirm themselves repeatedly, as reported by CCN.

🔗CCN
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