Thanks to a collaboration between IBM and a subsidiary of Ethos Veterinary Health, blockchain technology is coming to the veterinary education industry. The multinational technology firm will be working with VetBloom to create an immutable record of veterinary practitioners’ credentials. The platform already has several key collaborators. It will reportedly take on more in the…
The Royal Bank of Canada (RBC) is exploring building a cryptocurrency trading platform for both investments and in-store/online purchases. This move would make the bank — the largest in Canada by market capitalization, with $661 billion CAD ($499 billion) in assets under management — the first in the country to launch a cryptocurrency exchange. The…
Recent developments in the People’s Republic have not just excited Bitcoin holders. A bullish wave of momentum has flooded back into the blockchain and crypto scene as venture capitalists return to take a second look at what’s hot in the fledgling industry. Chinese Crypto Projects Get a Boost The 2018 bear market was pretty brutal…
Last week, news that Chinese President Xi Jinping spoke in support of blockchain technology, caused crypto markets to surge and Bitcoin to set its third-largest one-day gain percentage-wise in the asset’s ten-year history. Price action has since slowed, however, according to metrics from popular Chinese websites, interest in Bitcoin remains just as high, and could…
Hong Kong investors increased their exposure in a blockchain firm after China’s premier Xi Jinping endorsed the technology in his Friday speech. The stock value of Pantronics Holdings Limited (1611:HK), a Hong Kong-based electronic product manufacturing firm, climbed by up to 67.10 percent on Monday. The company did not display any concrete fundamentals that could…
Many wrote off Chinese president Xi Jinping’s recent endorsement of blockchain as non-beneficial for Bitcoin and other cryptocurrencies. But this is quickly proving itself to not be true. For those who missed the memo, a quick interlude. On Friday, Chinese state media outlet Xinhua revealed that China’s leader had called for the adoption of blockchain…
Malta-based crypto asset exchange OKEx is the latest name to join the blockchain project of the Korean social messaging giant Kakao. OKEx said in a press release that it hopes its involvement with Klaytn, as the public network is called, will help encourage blockchain adoption around the world. The public blockchain aimed at enterprise users…
Another week, another of Crypto Tidbits. Over the past week, Bitcoin hasn’t done too hot, sliding under $8,000 for the umpteenth time in a few months. A majority of altcoins — save for XRP, Dogecoin, Binance Coin, and a few others — have followed BTC lower, posting 3% to 6% losses. Despite the growing potential for…
Bitcoin is a potentially world-changing financial technology, designed by the mysterious Satoshi Nakamoto. But Bitcoin also brought with it the birth of blockchain – distributed ledger technology that may not be world-changing, but certainly can redefine and improve upon certain industries. The technology makes tracing transactions especially simple, but cryptography keeps the account owner’s personal…
Cryptography consists of studying, developing, and practicing techniques for securing data from third-parties. The practice led to Bitcoin and other crypto addresses being difficult to remember strings of letters and numbers, as a way to keep them secure and prevent unwanted access. But now there’s a way to create vanity addresses for Bitcoin and other…