Archived Posts

After a perfect trial run on the famous uTorrent platform, BitTorrent Token (BTT) is on course to turn into one of the world’s biggest cryptocurrencies, paving the way for a larger uptrend once complete integration is accomplished. BTT has regained the ground lost last week unlike other altcoins and is trading at historical highs. As   Read more...

In a fresh research endeavor Honda and GM have combined forces to explore how electric vehicles and smart grids can function together in the future using blockchain technology. The initiative will also investigate whether EV owners can tap their vehicle batteries into fresh revenue streams and also evaluate whether electric cars can be used to   Read more...

Dutch bank ABN AMRO is investigating the alternatives for launching Forcefield together with financial entities and leading competitors in the commodity sector. This is a blockchain based that can offer real-time understanding into inventories of trade. The platform is, according to the announcement, an Internet of Things solution that enables the surveillance of physical trade   Read more...

The recent surge in the price of Bitcoin and major altcoins in crypto markets has caught many analysts off guard. The market cap of Bitcoin has nearly gone over $200 billion since the start of April. Some crypto specialists believe the crypto winter seems to have ended. Tom Lee, co-founder of Fundstrat Global Advisors, stated   Read more...

Last Friday, Bitcoin (BTC) underwent a steep correction, falling by $1000, to reach a level of $7,078. However, the correction was short-lived as the crypto bounced back to $8,100 levels by Monday morning. Along with Bitcoin, many of the altcoins went down. Only a handful of altcoins were not affected by the selling pressure and   Read more...

The World Bank and Commonwealth Bank have officially facilitated secondary market trading uploaded on blockchain for bond-i , turning it to be the first bond to be issued and traded using distributed ledger technologies. The bond-i, which uses the blockchain of the Ethereum (ETH), was the world’s first to completely utilize the software when it   Read more...

Using the ruble, Venezuela plans to complete bilateral trade settlements with Russia. Venezuela’s official representative to the UN office in Geneva, Jorge Valero, disclosed the details. The envoy noted that Venezuelan government-sponsored oil-backed crypto El Petro (PTR), introduced in 2018, is also being discussed by the nations. Caracas fixed the petro’s value to the cost   Read more...

Social media giant Facebook has created a new financial tech company, Libra Networks LLC, concentrating on blockchain and payments as well as information analysis and investing, Geneva’s commercial register reveals. Plans presented on the Swiss Register show that the company plans to provide financial and technology facilities and create relevant hardware and software. Facebook Global   Read more...

Global electrical engineering firm ABB has partnered with Italian utility company Evolvere to explore the use of blockchain technology to produce clear and safe peer-to-peer energy transactions. ABB unveiled a blockchain prototype in this respect to study how the technology could encourage the adoption of solar power in peer-to-peer (p2p) trading of electricity. The firms   Read more...

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