Archived Posts

Russian smelter Nornickel has begun trialing it metal trading platform developed using blockchain technology. The miner started testing its platform for tokenized metal trading in partnership with Trafigura Group, which trades in physical commodities, Traxys SA, a logistics firm, and Umicore SA, materials technology and recycling group. In particular, the platform has been structured to   Read more...

Brave, privacy-focused blockchain web browser, has recorded a sharp rise in monthly active users (MAU) in 2019. Specifically, the MAU increased from 5.50 million in 2018 to 10.40 million in 2019. In the same period, Daily Active Users (DAU) of Brave has tripled in the last year to 3.30 million. The company has further stated   Read more...

Microsoft Azure, blockchain supporting cloud platform of Microsoft, has announced a program involving the award of blockchain based non-fungible tokens named “Azure Heroes” to the developer community. The tokens reflect cartoonish badgers (word “badge” twisted) and intend to cultivate and encourage positive behavior in Azure ecosystem. Each badger supply is restricted between 100 to 10,000   Read more...

The subsidiary of South Korean financial technology company Dunamu, DXM, is launching an institutional level cryptocurrency custody facility in partnership with crypto focused cybersecurity firm Ledger. The financial service provider DXM intends to roll out the custodian service business, christened as Upbit Safe. Ledger Vault, custody division of Ledger, has assured to support the endeavor   Read more...

Kazakhstan government has decided not to tax crypto miners until the crypto is exchanged for fiat money. An analyst at a domestic blockchain association has clarified that the reason for such move by the Kazakhstan government is that mining is not considered as a business but a “purely technological progress”. According to domestic media outlet   Read more...

According to a latest study by Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can minimize supply chain associated expenses by 0.4% to 0.8%. The savings figure in percentage looks small. However, the volume of business done by this sector is so huge that it translates to hundreds of billions in savings. Precisely,   Read more...

Great Firewall of China, a tool employed by Beijing to restrict its citizens from accessing websites such as Facebook and Google, has blocked access to Etherscan, a well-known Ethereum blockchain browsers. The information was revealed by GreatFire, a non-profit data tracking organization. GreatFire has pointed out that China had blocked access to Etherscan since October   Read more...

Bloom Technology, a South Korean firm, has claimed to have developed a technology that can quicken blockchain transactions. According to United Press International, which reported the news, Bloom Technology’s CEO, Lee Sang-yoon has stated that the blockchain focused firm’s Lotus Chain technology has the ability to bring down blockchain transaction processing time to split second.   Read more...

Soccer club Juventus is launching the first ever Fan Token Offering (FTO). In this regard, Juventus is partnering with Socios.com, a blockchain-powered voting and rewards app that utilizes Chiliz ($CHZ) and centered on the sports and entertainment sector. The main objective of the offering is to support other activities of the Italian football club. By   Read more...