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Tag Archives: DATA

Baidu Releases Whitepaper Discussing Forthcoming Blockchain Network

China’s tech giant Baidu, which operates one of the largest search engines in the world, announced that it had launched its first “Baidu Blockchain White Paper V1.0,” which touches upon the creation of its “Xuper Chain” network. The independent development of the new network system has gathered over 50 patents, …

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Philippines’ UnionBank Joins JP Morgan-Led Blockchain Network

The US-based banking giant said in a statement that IIN is capable of reducing the time correspondent banks typically spend on data-related queries and compliance. The network is powered by Ethereum-based blockchain Quorum. Emma Loftus, who oversees global payments and receivables at JP Morgan Treasury Services, commented: “We saw tremendous …

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AT&T Joins Blockchain Bandwagon with New DLT Solutions

US-based telecom giant AT&T (NYSE:T) is now offering a series of blockchain solutions compatible with the technologies provided by IBM (NYSE:IBM) and Microsoft (NASDAQ:MSFT), the company announced on Wednesday. Now corporate clients around the globe can apply these solutions to digitalize business processes. Users will enjoy more efficient tools to …

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Circle Joins Ranks of Stable Crypto Coins With Dollar Token

(Bloomberg) — Circle Internet Financial Ltd. is joining the controversial world of stable coins. The mobile-payments and cryptocurrency-trading firm is introducing a digital token pegged to the value of the U.S. dollar to be known as USD Coin. A consortium called Centre will serve as a platform for users to …

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Crypto Mining Malware Keeps Growing in Q2’18, McAfee Report Shows

Crypto mining malware accelerated its march in the second quarter of this year, according to the latest data from cybersecurity provider McAfee. The McAfee Labs Threats Report: September 2018 said this type of malware registered growth of 86% quarter-on-quarter. McAfee lead scientist Christiaan Beek commented on the findings as follows: …

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Walmart, Sam’s Club to put food products on blockchain

(Reuters) – Walmart (N:WMT) and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents. Walmart is among several other retailers such as Nestle SA (S:NESN) trying to tap blockchain, …

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Big Banks Flock to JPMorgan’s Blockchain Payments Network

Over 75 of the world’s biggest financial institutions, including Société Générale (PA:SOGN) and Santander (MC:SAN), have decided to join the blockchain-based Interbank Information Network (IIN) launched by JPMorgan (NYSE:JPM), Royal Bank of Canada and ANZ nearly a year ago in a test mode, Financial Times reports. Faced with stiff competition …

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Bitcoin Falls, as XRP Tumbles

Investing.com – Cryptocurrencies were lower on Tuesday, while a report from the Bank for International Settlements found that government talk of regulation can have a negative impact on digital currency prices. Bitcoin decreased 3.05%% to $6,425.60 on the Bitfinex exchange, as of 9:20 AM ET (13:20 GMT). Cryptocurrencies overall were …

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Walmart, Sam’s Club to put food products on blockchain

(Reuters) – Walmart (NYSE:WMT) and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents. Walmart is among several other retailers such as Nestle SA (SIX:NESN) trying to tap blockchain, …

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Blockchain Platform Eliminates Brokers in Derivatives Trading

A new blockchain-powered derivatives platform is disrupting the derivatives trading market as it eliminates the need for brokers and brokerage platforms to bring about a peer-to-peer (P2P) trading platform. Launched in cooperation with Thomson Reuters, Level 01 Technologies recently rolled out Level01 Derivatives Exchange in Hong Kong, which it claims, …

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DLT vs. HTTP: CloudFlare’s Quest to Decentralize the Internet

On Sept. 17, a vital United States-based content delivery network (CDN) CloudFlare introduced a new decentralized content gateway via InterPlanetary File System (IPFS), a peer-to-peer (p2p) network run by thousands of computers bypassing the conventional HTTP system. Here’s how it supposed to work and why CloudFlare decided to support such …

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Robinhood Denies Favoring Wall Street Investors Over Millennials

The US-based stock and cryptocurrency trading app Robinhood has refuted a recent Seeking Alpha article that its brokerage policies work in favor of Wall Street companies and to the detriment of app’s users. Robinhood executes client orders at the best available price across any stock exchange, the company has said …

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SEC Delays CBOE Bitcoin ETF, Again

Markets are holding out for hope that the SEC could approve an exchange-traded fund based on Bitcoin from CBOE called VanEck-SolidX after the institution announced that it would hold its judgment until it could collect more data on public opinion of such an instrument. “Institution of such proceedings is appropriate …

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