Korean Firm Aims to Make Blockchain Faster

According to local news outlet Joongnag Daily, a blockchain company based in Korea believes that it has found what it takes to revolutionize blockchain technology and bring even quicker pace to the way that transactions are being carried out. SymVerse, a blockchain firm that was established earlier this year, hosted an event and held a demonstration The post Korean Firm Aims to Make Blockchain Faster appeared first on CCN

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Aussie Blockchain Startup Wins Billionaire Branson’s Tech Challenge

Power Ledger, a blockchain startup based in Australia, won business magnate Sir Richard Branson’s Extreme Tech Challenge (XTC) 2018, as reported by Australian news channel Nine News. The challenge, whose previous finalists include Doctor on Demand and Vantage Robotics, aims to provide entrepreneurs with the right tools to help them build their tech products. Power Ledger received endorsements The post Aussie Blockchain Startup Wins Billionaire Branson’s Tech Challenge appeared first on CCN

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Cryptocurrency Wallet Blockchain Files Complaint Against Copycat Website

Cryptocurrency web wallet provider Blockchain has filed a complaint in a U.S. federal court alleging attempted deception by a copycat website. In a blogpost, Blockchain — whose website is hosted at blockchain.com — identifies the platform, blockchain.io, as a deliberate impostor that is attempting to rebrand itself in order to continue in its usual insincere The post Cryptocurrency Wallet Blockchain Files Complaint Against Copycat Website appeared first on CCN

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Litecoin Payments are Quietly Starting to Catch On

One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.  After earning the nickname, ‘SatoshiLite’, Mr. Lee earned a job at Coinbase, the large San Francisco-based crypto-exchange. Mr. The post Litecoin Payments are Quietly Starting to Catch On appeared first on CCN

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Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a price prediction of  Bitcoin reaching $91,000 by March 28, 2020. Morgan Stanley likened Bitcoin The post Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review appeared first on CCN

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Facebook’s Data Security Meltdown Could Bolster Blockchain: Analyst

The social media giant shouldn’t mistake the forest for the trees. While Facebook continues to reel from a security breach involving the personal data of tens of millions of users, they may just have demonstrated the value of an unalterable public ledger, aka blockchain. RBC Capital Markets analyst Mitch Steves thinks so, according to a recent The post Facebook’s Data Security Meltdown Could Bolster Blockchain: Analyst appeared first on CCN

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Blockchain Pilot Tackles Child Labor and Human Rights Abuses in Cobalt Supply Chain

The rise in global demand for cobalt, an essential component of the lithium-ion batteries found in electronics and electric vehicles, should bring prosperity to the people of resource-rich Democratic Republic of Congo. Instead, as has been the status quo for generations, growing demand for limited resources has meant little benefit for the historically troubled country’s The post Blockchain Pilot Tackles Child Labor and Human Rights Abuses in Cobalt Supply Chain appeared first on CCN

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Is Starbucks having an ICO?

The post Is Starbucks having an ICO? appeared first on CCN Starbucks Executive Chairman Howard Schultz raised a few eyebrows when he brought up cryptocurrency during a conference call discussing the company’s latest quarterly earnings. The former CEO told listeners he believes that widely-accepted digital currencies will arrive within the next few years. Schultz also expressed his doubt that bitcoin will be one of them, saying The post Is Starbucks having an ICO? appeared first on CCN

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