Cryptocurrency 

HTC’s Blockchain Phone | Native Crypto Wallet Now Available

According to CoinTelegraph, HTC’s blockchain phone, Exodus 1, now allows users to trade cryptocurrency directly from the phone’s native crypto wallet. The Taiwanese technology giant made the announcement early on Tuesday. Exodus 1 Blockchain Phone – Native Wallet Trading HTC’s Zion Vault will now allow swaps between various cryptocurrencies. The new feature is the result of a partnership with Kyber Network—a dedicated platform for cross-token trading solutions. HTC has added Kyber’s liquidity protocol and this allows easy swaps. The swapping pairs include Ethereum-based ERC-20 tokens, including basic attention token (BAT), Kyber…

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Blockchain 

Pepsi Blockchain Trial a Success

On Monday, May 6, media agency Mindshare said a Pepsi blockchain trial has been carried out and that it brought a 28% boost in supply chain efficiency. At the time of writing, PEP stock is down less than 1%. Here’s what we know. Pepsi Blockchain Trial: The Details Today, Mindshare said the Pepsi blockchain trial was intended to see if blockchain could address “industry challenges” in programmatic advertising. The trial ran in March in the Asia Pacific region. Alongside Mindshare, the food and beverage company worked with MediaMath, a programmatic marketing technology firm,…

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Blockchain 

LSE Interested in Blockchain and Distributed Ledgers? CEO Hints Yes

On May 2, CNBC published an interview with Nikhil Rathi, the CEO of the London Stock Exchange, a 300-year old trading venue. In the interview, Rathi gave hints that the LSE is looking at blockchain technology. Here’s what we know. LSE Interested in Blockchain According to CNBC, Nikhil Rathi, who has been the CEO of the LSE since 2015, said the exchange is keeping an eye on blockchain. He also said the LSE has noticed an “interesting array of different ideas,” from competing exchanges. Before the exchange, which is one…

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Blockchain 

Amazon Web Services Introduces Managed Blockchain to Everyone

Amazon has made it into the blockchain industry, and on April 30, the company announced that its subsidiary Amazon Web Services was launching its Amazon Managed Blockchain (AMB). Hyperleger Fabric & Ethereum Frameworks Amazon Web Services has said that its AMB is designed to allow companies and customers to easily create a blockchain network that is simple and scalable to manage and uses the Hyperledger and Ethereum open source frameworks.  The Hyperledger Fabric is a product of Linux foundation and IBM as part of the IBM Blockchain, which is a…

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Blockchain 

Samsung Blockchain? Tech Giant Developing Blockchain Network

South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task force, the new network is still at the “internal experimental” stage. According to the source: “Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in…

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Blockchain 

IIN Blockchain Expanding | How JPMorgan Wants to Improve Banking

American investment and commercial banking giant JPMorgan Chase is looking forward to expanding the use of its leading blockchain technology, IIN (Interbank Information Network), to make payments in the banking industry easier and better. At the same time, it is also roping in various fintech firms to help with the platform’s functionality. IIN New Features JPMorgan is planning to include new features in IIN to minimize transaction errors. IIN already helps in solving compliance issues. It was primarily built to share information on a common ledger. It is being used…

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Blockchain 

Proof of Capital | A New Blockchain Venture Fund Worth $50 Million

A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and Edith Yeung. It will invest in early-stage startups that are involved in blockchain technology. The group has highlighted various areas of the blockchain ecosystem that it is looking to back, including remittances, custody, wallets, security, and…

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Blockchain 

How Cryptocurrency Traders Benefit from Blockchain Technology

Blockchain technology is a critical infrastructure for the existence of cryptocurrency and arguably one of the reasons why cryptocurrencies exist. The two are different, but they are essentially part of the same system. Blockchain technology, therefore, affects traders directly but there are other ways that cryptocurrency traders benefit from the technology. It not only supports the existence of digital currencies but also facilitates the transfer and storage of funds, therefore making it easy for crypto investors to trade. Blockchain’s Impact on Cryptocurrency Value The value a cryptocurrency also seems to…

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Blockchain 

Blockchain and Its Impact on Communications and Beyond

When people see blockchain, the first thing they probably think of is cryptocurrencies and Bitcoin. No doubt blockchain has been thrust into the limelight by the unprecedented popularity of Bitcoin and the universe of cryptocurrencies, but blockchain is more than just a technology used in transactions. Blockchain, simply put, is a distributed ledger of digital transactions whose records cannot be altered or destroyed, thus making them safe and secure. The closest analogy is that of transactions that people can see in their bank statement. Each transaction makes up a block…

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Blockchain 

PayPal Makes Blockchain Investment in Cambridge Blockchain

It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $5,079 USD. Bitcoin Jump: April Fool’s Joke? Bitcoin gained 21% in early trade and has now slightly corrected back down to $4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first place. Now, some investors wonder if the rally was the result of some sort of April Fool’s joke. Zhao Changpeng, the chief executive officer of Binance, tweeted earlier today that he was “clueless” about what may have triggered Bitcoin’s…

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