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Technology News | Blockchain.News

TECHNOLOGY

Blockchain technology is an ever-growing chain of blocks, where blocks are chained together by cryptographic guaranteed hashes. Within every block are the transaction items and other extra information.  It is a combination of a few technologies - cryptography, distributed ledger technology (DLT), Consensus and more.

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal
technology

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China
technology

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

How Australia's National Blockchain Roadmap Will Change The Future
technology

How Australia's National Blockchain Roadmap Will Change The Future

Australia was one of the first countries to recognize the immense potential of blockchain technology and to incorporate it into various sectors in the country.

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief
technology

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage
technology

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage

Website security company Cloudflare underwent connectivity problems on Sunday, taking down a dozen of cryptocurrency websites with it.

Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
technology

Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin

Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network
technology

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward
technology

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
technology

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
technology

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
technology

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism
technology

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure
technology

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report
technology

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

Auditing firm KPMG has recently published its 2020 Global Emerging Technology Survey Report that identified a decline in investments into blockchain technology because of the coronavirus pandemic. However, the study predicts that the sector would be one of the industries, which would probably obtain the highest amount of investment in the next 12 months.

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!
technology

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.