Archived Posts

Clearview’s AI (artificial intelligence) based facial recognition technology has been successfully trialed by Coinbase, the US cryptocurrency exchange having more than 20 million views per month and more than 30 million trading accounts. According to BuzzFeed News, Coinbase has refuted claims that its trial used client data. The contentious software has been the center of   Read more...

As blockchain technology continues to make inroads into the airline sector, another key global airline enterprise has revealed a blockchain venture. Renowned international airline company KLM Royal Dutch Airlines is implementing blockchain technology to streamline intercompany settlement procedure with its associate firms. Air France and KLM Royal Dutch Airlines have entered into collaboration with Dutch   Read more...

Crypto.com, Hong Kong-based crypto payment provider, has entered into collaboration with crypto cordial travel booking site Travala.com. Under the agreement, Crypto.com’s payment app will be hosted on Travala.com platform, paving way for a simple gateway for bookings to be carried out using the platform. Earlier, clients had to manually carry out transfer from their wallet   Read more...

CertiK, a firm focused on blockchain security, has unveiled a prototype and language reference handbook for its smart contract centered DeepSEA programming language. Both CertiK and its associated R&D study ventures have garnered financing from the firms such as Binance Labs, Qtum and Ethereum Foundation. The DeepSEA demo, language, and compiler reference handbook published earlier   Read more...

Among members of the Ethereum community, dissent continues to rise against deployment of the contentious Programmatic Proof-of-Work (ProgPoW) plan. ProgPoW is an ASIC-resistant PoW algorithm setup to substitute ETHhash, the prevailing hashing algo for the platform. First discussed two years before, it unexpectedly resurfaced as a solid idea to be implemented sometime in the mid-2020,   Read more...

Moody’s Corporation has revealed that a blockchain powered KYC (Know Your Customer) platform deployed by the UAE is credit positive for the country’s lenders. As per a media release published by ‘The National,’ the credit ratings agency has stated that the platform will enhance the quality of assets and improve profits. It can be remembered   Read more...

Nigma Conseil, French cybersecurity firm, and the Austrian Institute of Technology (AIT) have entered into a partnership to build a fresh blockchain forensics tool. The contract was inked to start working on a compliance tool, named e-Nigma. E-Nigma offers its users with a method of carrying out due diligence scrutiny on the basis of KYC   Read more...

As the Ethereum blockchain is getting ready to start using proof-of-stake (PoS) consensus, certain mining equipment could stop backing ETH mining soon. Bitmain’s Antminer E3, which was considered as the “world’s most powerful” Ether (ETH) mining hardware once upon a time, will supposedly halt Ethereum mining in April 2020, as per a report by altcoin   Read more...

Ex-Wall Street executive Caitlin Long, who assisted Wyoming pass blockchain adoption laws, seems to be capitalizing on the forward looking Wyoming legislature to set up the first crypto-focused bank in the US. The bank has been named Avanti, meaning “forward” in Italian. Through a series of tweets, Long divulged the news to her followers. She   Read more...