#technology

Huawei Files For Blockchain Patent Related To Storage Methods And Devices

Crypto News Point

Jul 28, 2020
1 min

Huawei Files For Blockchain Patent Related To Storage Methods And Devices

Huawei have applied for a new patent related to blockchain technology which deals with storage methods and devices. The Chinese tech giant holds a number of other relevant patents, including topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha, the smartphone manufacturer filed for a “blockchain ledger storage and device,” patent on January 17, 2019 where the application announcement date was set for July 14: #Huawei Technol

Synthetix Unveils New Decentralized Asset Management Platform dHedge

Crypto News Point

Jul 20, 2020
1 min

Synthetix Unveils New Decentralized Asset Management Platform dHedge

Synthetix unveils its new decentralized asset management platform dHedge, emerging out of stealth mode. The new decentralized asset management platform takes benefit out of its non-custodial mimetic trading for Synths, or tokens that provide exposure to assets such as gold, Bitcoin and even the U.S. dollar on the Ethereum blockchain. We’re excited to share the launch of @dHedgeOrg, a new decentralised asset management protocol powered by Synthetix, which is now live on Ropste

5 Topmost Spanish Banks Completes Proof-Of-Concept For Smart Contract Payments

Crypto News Point

Jul 18, 2020
2 min

5 Topmost Spanish Banks Completes Proof-Of-Concept For Smart Contract Payments

Multinational bank Banco Santander along with four Spanish banks have successfully deployed a proof-of-concept for payment services using smart contracts. The company currently overseeing the Spanish Payment System, IberPay coordinated the proof-of-concept. Iberpay Finaliza con éxito la prueba de concepto de los principales bancos españoles para habilitar transferencias inmediatas programables en redes blockchainhttps://t.co/FMQLmOiKUy pic.twitter.com/GLOEe3ZpYN — 7★ Digita

Blockchain Community Invited To Join Australia’s National Blockchain Roadmap

Crypto News Point

Jul 11, 2020
2 min

Blockchain Community Invited To Join Australia’s National Blockchain Roadmap

The Australian National Blockchain Roadmap Steering Committee has reached out to the blockchain community in order to create working groups to explore specific applications of the technology within the supply chain, agricultural and educational sectors. The invitation on the Australian Government’s Department of Industry, Science, Energy and Resources’ website have asked interested parties to submit their expressions of interest before the 22nd of July. Are you part of Austra

Digital Shadows Reveals Over 15 Billion Credentials Are Available On Dark Web

Crypto News Point

Jul 11, 2020
2 min

Digital Shadows Reveals Over 15 Billion Credentials Are Available On Dark Web

A recent study by cybersecurity firm Digital Shadows has revealed that over 15 billion credentials are in circulation via dark web. This represents a 300% increase since 2018. The available information ranges from network access credentials, banking login data, and even streaming services accounts from Netflix with part of the leaked data are circulating even for free. New research from @photon_research uncovers more than 15 billion credentials in circulation in #cybercrimina

Shanghai Courts Implement Blockchain Technology To Record Court Hearings

Crypto News Point

Jul 11, 2020
1 min

Shanghai Courts Implement Blockchain Technology To Record Court Hearings

Shanghai courts are using blockchain technology to record hearings as part of a court reform pilot. On July 8, Cointelegraph reported, citing local Chinese media that China’s local court participants at a recent court reform conference held by the Shanghai High Court observed that the Minhang District People’s Court used blockchain technology to record an equity transfer contract dispute. At 14 o’clock that day, the presiding judge clicked the “open court” button and struck t

How Blockchain Could Transform Television Broadcasting?

Crypto News Point

Jul 9, 2020
3 min

How Blockchain Could Transform Television Broadcasting?

If you find ‘Netflix and chill’ is your go-to then remember that the future of television broadcasting is on blockchain. In general, television broadcasting is based on a centralized distribution of media and content whereas blockchain uses an entirely opposite concept of decentralization. Moreover, the whole process from what content to show, its prices and offers to distribution is extremely hierarchical in the TV space. In the world of decentralization, this solves the pro

Chinese Courts Implement Blockchain To Secure Properties With Electronic Seal

Crypto News Point

Jul 7, 2020
1 min

Chinese Courts Implement Blockchain To Secure Properties With Electronic Seal

Several courts in China have implemented blockchain technology to secure properties with an electronic seal. The Executive Bureau of the People’s Court in Haidian District, Beijing, has reportedly deployed a blockchain-based electronic seal to secure a property in Chaoyang district. On July 5 Global Times reported that through the application of a blockchain-powered e-sealing, courts will be able to monitor a property in real-time with help of video surveillance in a secured

Zoom To Offer End-To-End Encryption For Both Free And Paid Users

Crypto News Point

Jun 22, 2020
1 min

Zoom To Offer End-To-End Encryption For Both Free And Paid Users

Popular video conference app, Zoom‘s end-to-end encryption, or E2EE, has finally arrived for their software according to official announcement on June 17. It will be provided to both free and paid users, as long as their account has passed the company’s verification process. End-to-end encryption update from Zoom – we have found a path forward to provide this feature to all users (free and paid) around the globe >> https://t.co/rjwCLYKDuJ⁰ << — Zoom (@zoom_us) June 17, 2020

Crypto News Point

Jun 22, 2020
1 min

VeChain’s Blockchain Medical Data Platform Goes Live In Cyprus Hospital

Blockchain tracking platform VeChain announced on June 20 that its blockchain-based medical data management platform co-developed with digital healthcare solution firm I-Dante has gone live in the Mediterranean Hospital of Cyprus. The platform- E-NewHealthLife was deployed in the Mediterranean Hospital in the Republic of Cyprus and will store COVID-19 testing results. Get tested for #COVID19 and get the results stored on the #VeChain #blockchain. This allows citizens to prov

Crypto News Point

Jun 19, 2020
2 min

MyEtherWallet’s New Feature Will Let Users Host Decentralized Website

Ethereum wallet app, MyEtherWallet is releasing a feature named “Host Your Own Site” that provides an easy interface for its users to upload a website to the InterPlanetary File System, or IPFS. IPFS-based websites are tied to Ethereum-based domain name services, such as ENS and Unstoppable Domains featuring either “.eth” or “.crypto” suffixes. You can now put your content on the decentralized web with MEW in just a few steps with @IPFS support for .eth and .crypto domains!

Chinese Companies Optimistic on Blockchain Despite COVID-19 Crisis

Crypto News Point

Jun 16, 2020
1 min

Chinese Companies Optimistic on Blockchain Despite COVID-19 Crisis

A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains optimistic despite COVID-19 crisis. According to Xinhua, the study- “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remained optimistic on the potential of Blockchain technology. Up to 20% even believed that they will invest more to mitigate the effects of the crisis. Respondents come from 10 different industri

Users Of Decentraland Watched The Historic SpaceX Launch

Crypto News Point

Jun 1, 2020
1 min

Users Of Decentraland Watched The Historic SpaceX Launch

Decentraland users watched SpaceX launch on May 30 from the virtual reality world’s auditorium. Users of the Ethereum-based virtual reality world Decentraland was able to view the historic launch of a space vehicle built in and launched from the United States in almost a decade. Decentraland announced on May 30 that the recent SpaceX launch would be available live in its VR world. Join us in Genesis Plaza for the launch of SpaceX’s first human mission into space. We’ll be li

China’s Hainan Province To Pilot On Cross-Border Payments Via Blockchain

Crypto News Point

May 10, 2020
1 min

China’s Hainan Province To Pilot On Cross-Border Payments Via Blockchain

Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a pilot program of a cross-border financial services platform. According to Hainan Daily, the central government approved the initiative, allowing banks to provide loans to companies that look to export their products abroad. The measure seeks to reduce the bureaucracy of customs procedures while reducing the number of loan applications through regular channels. Initially, the pilot program will

Bison Trails Announces Support For Celo Open Network

Crypto News Point

May 8, 2020
1 min

Bison Trails Announces Support For Celo Open Network

Bison Trails has announced support for the Celo open network enabling smartphone users to send crypto directly to a phone number instead of a blockchain address. Users will now be able to transfer value using Celo’s stablecoin pegged to the U.S. dollar on the Bison Trails platform. Aaron Henshaw, co-founder and CTO of Bison Trails stated: “Bison Trails has strong relationships with the Celo team: we’re members of the Celo Alliance for Prosperity and are very familiar with Cel

Linux Foundation Launches New Data Privacy Project Featuring Cross-Industry Coalition

Crypto News Point

May 6, 2020
2 min

Linux Foundation Launches New Data Privacy Project Featuring Cross-Industry Coalition

The Linux Foundation has announced a new data privacy project featuring dozens of cross-industry giants like Mastercard and IBM. Dubbed as the ToIP Foundation, the new data trust coalition aims to provide a trusted exchange of data over the internet and establish a global standard to ensure digital trust. NEWS: New Trust Over IP (ToIP) Foundation will enable trustworthy exchange and verification of data between any two parties on the Internet: https://t.co/nScOZ3ORh8 @trustov

Litecoin’s Mimblewimble Integration Sees Codebase Progress

Crypto News Point

May 6, 2020
1 min

Litecoin’s Mimblewimble Integration Sees Codebase Progress

The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has built a functional testing framework and have started integrating the development work done so far into Litecoin codebase. According to a May 1 report on the Litecointalk forums, the project to implement the MW privacy enhancements into Litecoin with the build of test-bed claims to have reached an important milestone. April Progress Update: Functional test framework written. Block validation tes

BBVA Bank Partners With IMDEA Software Institute For Research On Zero-Knowledge Proofs

Crypto News Point

May 5, 2020
2 min

BBVA Bank Partners With IMDEA Software Institute For Research On Zero-Knowledge Proofs

A multinational bank headquartered in Spain, The Banco Bilbao Vizcaya Argentaria (BBVA), has announced a partnership with Madrid-based research center IMDEA Software Institution to explore zero-knowledge proofs (ZKPs) alongside other “advanced cryptographic techniques.” Both entities will utilize each other’s technologies and research to drive innovation as quickly as possible. 🔵 The #IMDEA #Software Institute -through @dariofiore0 and Antonio Faonio- and @bbva are partnerin

OPUS Reports Royalty Payments In Blockchain Can Empower Artists In Digital Music Industry

Crypto News Point

Apr 29, 2020
1 min

OPUS Reports Royalty Payments In Blockchain Can Empower Artists In Digital Music Industry

Blockchain-based digital music platform, OPUS reports that the transition of royalty payments into blockchain can empower artists in the digital music industry by increasing their bargaining power asking for higher payouts compared to conventional platforms. OPUS says that introducing blockchain to the digital music streaming services market can have potential growth. The blockchain-based platform highlighted that a shift to tokenized royalties can also substantially diversif

Crypto Exchange Bitfinex Launches “Pulse” – Its Own Social Trading Network

Crypto News Point

Apr 28, 2020
2 min

Crypto Exchange Bitfinex Launches “Pulse” – Its Own Social Trading Network

Major Crypto exchange, Bitfinex, announced its own social trading network, Bitfinex Pulse. Customers can now engage themselves on discussions related to trading, collaborating on concepts, and other market-related activities. Although Bitifinex Pulse is not the first on social trading aspect of crypto. Other players with similar products, such as eToro has trader profiles, messaging, statistics. What is Bitfinex Pulse? The purpose of Pulse is to provide a safe place for the