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Tribalism has been the bone of contention in the blockchain industry for many years now. Many developers are seen defending various technologies for specific protocols, even when they are clearly aware of its limitations. It is these divisions that are limiting the growth of the blockchain technology as well as proving to be a major stumbling block in the way of innovation. The enterprise market has slowly realized the potential of blockchain technology. Still, it is not possible to reap its benefits comprehensively until the blockchains can grow, communicate, and cooperate with each other.  The blockchain technology has the power to offer innovative incentive models, security, transparency, and data ownership to the fore during the time when the world desperately needs it. The ong...

On-the-spot Crypto exchange is witnessing the inception and hopefully eventual rise of a new program that offers easier processing, cheaper rates, and all-day customer care. This new venture has its eyes set on the race as it ensures quality service regarding the transmission and connectivity between low-risk investing and into-the-ocean spontaneous trading. It has been on the radar of reviewers since the last four or five years after its parent company initiation. It has been growing since then diligently and actively, and now boasts of operating with hundreds of recorded crypto-currencies. Development and Progress: The company and project started with humble roots dedicating their services to help out newly inducted investors in cryptocurrency get into the game at a slower pace, w...

Among the latest happenings from the world of cryptocurrencies, the former international Brazilian Jiu-Jitsu Federation World No-Gi Champion, Craig Jones, revealed he lost the Bitcoin he bought in the year 2015. Craig Jones has also won Combat Club Trials in Abu Dhabi twice. At the time of his Bitcoin purchase in 2015, it was priced in the range of $200 to $400. Craig Jones said that he bought Bitcoin along with a couple of friends in 2015 and forgot about the purchase immediately afterward.  However, when the price of Bitcoin skyrocketed around the year 2017, he and his friends tried hard to locate where the password of their accounts but couldn’t retrieve it. Craig Jones has even won Crypto-assets as a prize once where he was paid $1,000 in BTC or Bitcoin Cash for a match held i...

Here’s all the tea about the sudden snatch of over 300 bitcoin (BTC) machines by Venezuelan Authorities. Before we come to the main issue here, here is a little note on Bitcoin mining. It is a very meticulous, highly expensive, and occasionally quite a rewarding procedure. However, mining has an attractive enticement for a lot of investors who are interested in cryptocurrency. This is because miners get rewards for the work they do with crypto tokens. The most probable reason behind this is that entrepreneurial types see mining as a very unexpected financial benefit, like California gold prospectors in 1849. How does Bitcoin Mining Function? Bitcoin mining is carried out by highly advanced and highly powered computer devices. Those devices can solve way too complicated mathematic...

Some state-based cyber hackers are continuously targeting the government of Australia and many other institutions in the country, announced by Australia's Prime Minister Scott Morrison. He said that the attacks are quite widespread. It spread across all levels of government, along with the crucial services and businesses. He brushed aside the identification of a specific state actor and said no prominent personal data violation had been made. The attacks have already happened for months and are still increasing day by day. The Major Targets Morrison was not specific about the hacking cases. However, he mentioned that the government, industry, political organizations, education, health, essential service providers, and operators of other critical infrastructures are under cyber at...

The Silicon Valley Innovation Program (SVIP), which acts as the startup booster of the DHS or the United States Department of Homeland Security, has recently started yet another hunt. It is primarily for an anti-counterfeiting project based on blockchain technology. The DHS is looking for the project to have flexible interoperability features. The renewal of hunt this year came on the day of Virtual Industry Day. The use case for the startups has been redefined by the Silicon Valley Innovation Program this time. This time, the array of use cases for use by startups includes food supply chain, natural gas, e-commerce, and also a sustainable alternative to Social Security Number. One of the use cases added by SVIP is for the essential worker license, which was mainly inspired by the COVI...

In the world of IT, the name of IBM is much known as a primary service provider in various domains. It has come up with multiple technologies in the past some years that have proven the game-changer in the market. Recently this IT giant is again in the news, and this time it is for its penetration in another segment. IBM has recently introduced Hyperledger Fabric and is in the process to launch blockchain pilots with giants like Aetna and Walmart. IBM's version of blockchain called Fabric is promoted as a permissioned blockchain, and it has features similar to Ethereum and Bitcoins. However, it is facing some criticism from market participants as it leaves a lot of loopholes that are not integral to blockchains. It is also not scalable and compatible with public blockchains, which furt...

In 2013, an event was hosted by the US Treasury Department's Financial Crimes and Enforcement Division (FinCEN). During this event, advocates of bitcoin met with a few federal agencies to discuss the possibilities of bringing Cryptocurrency under government regulation. The discussion revolved around involving law enforcement and financial agencies such as the Federal Bureau of Investigation, IRS, Drug Enforcement Administration, Secret Service, and Department of Homeland Security. The specialty of bitcoin is that it does not have a central governing body or central bank. Customers can send it using peer-to-peer networks that don't have any administration. The money is saved in a digital wallet, and each transaction made is stored in a blockchain. Since blockchains are public records, i...