Some Companies Prefer ‘DLT’ To ‘Blockchain’: Report

A new research report shows that some companies are dropping the word “Blockchain” altogether saying it is over-hyped, and instead prefer “distributed ledger technology” or DLT. According to Forrester Research’s report titled “Predictions 2019: Distributed Ledger Technology”, many companies are over-hyping the usefulness of blockchain or using the name of the technology to repackage existing services. The report describes the […]

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Blockchain: How Oracles Make Smart Contracts Work

An oracle has long described a person through whom a deity speaks, or a person known for giving wise or authoritative decisions or opinions, but in the cryptoverse, oracles have a different definition. Oracles are code connecting a blockchain with the real world. They provide the data that smart contracts need in order to execute successfully. Oracles are, ironically, an intermediary […]

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Nasdaq Gets Patent For Blockchain-Based Information Release System

Nasdaq has won a patent from the United States Patent and Trademark Office or USPTO for a blockchain-powered smart contract-based information release system. With this , the exchange is aiming to manage the release of information for the media industry. The patent, which was filed on January 27, 2017, is for an information computer system for securely releasing time-sensitive information, […]

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Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce

LONDON (Reuters) – Europe’s largest retailer Carrefour SA (CARR.PA) has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. The French retail giant said it will rely on blockchain technology developed by IBM (IBM.N), which is […]

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Ripple Is Up. So Why Is Its Cofounder Selling His XRP Tokens?

As the price of Ripple’s XRP cratered in the previous month, the company’s co-founder “accelerated” his sale of XRP tokens.  A WSJ report states that Jed McCaleb, one of Ripple’s co-founders, sold between 20,000 to 40,000 XRP per day until July. But that amount dramatically increased in August. The WSJ article states that McCaleb, who left Ripple Labs to co-found […]

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Crypto Companies Form Trade Bloc

A group of companies in the blockchain and cryptocurrency sectors have formed a trade bloc to lobby Federal lawmakers for reasonable regulation that helps the growth of the industry. “The Blockchain Association” identifies itself as a unified voice of the global blockchain ecosystem that has billions of dollars of invested capital. The Washington, DC-based non-profit trade association said its objective […]

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'Explosive Blockchain Growth Has Likely Come and Gone': Vitalik Buterin

The blockchain fad seems to be fading off, and the growth in cryptocurrencies and blockchain may be nearing the ceiling, says famed Ethereum co-founder Vitalik Buterin. In an exclusive interview with Bloomberg during the Ethereum Industry Summit conference in Hong Kong, the closely followed cryptocurrency leader mentioned “The blockchain space is getting to the point where there’s a ceiling in […]

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Lightyear buys U.S. blockchain start-up Chain; to move business to…

NEW YORK (Reuters) – San Francisco technology start-up Chain Inc. has been acquired by Lightyear Corp., a company focused on the Stellar blockchain, Chain Chief Executive officer Adam Ludwin said on Monday. Interstellar, the new company, will migrate Chain’s customer base and products onto Stellar’s global public ledger, creating a platform that will enable organizations to issue, exchange and manage […]

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