Coming from a University Education in Computer Science, I am interested in blockchains and Bitcoin since 2014 and even mined at the time. The rumors of Bitcoin bubble made me run away, but I have com
The Reserve Bank of India (RBI) has known to ban Cryptocurrency trading accounts in India. But Recently it has formed a Research team to study technologies like Blockchain, Cryptocurrency, and AI. According to EconomicTimes, this behavior is due to the emerging market in cryptocurrency and blockchain technology. The research team...
Bank of America is the 2nd largest bank in the USA. Some time back we have seen several banking institutions showing their interest in Cryptocurrency Sector. Now we see the Bank of America has filed a patent which is related to the Cryptocurrency Sector. Patent on Cryptocurrency Storage The Bank...
UPbit is the biggest cryptocurrency exchange in South Korea. Recently, in the third quarter of 2018, it was able to generate a profit of $ 100 million. This is a significant amount considering the fact that the cryptocurrency market is in a downturn. Due to this very reason, many of the...
Recently, there is a lot of discussion on whether Bitcoin consumes a significant amount of energy. According to a researcher by the name of Katrina Kelly-Pitou, the electricity consumption by the banks is twice that of Bitcoin. This clearly indicates that Bitcoin is not consuming a significant amount of electricity....
According to a statement released by the National Research Council of Canada, an Ethereum blockchain explorer has been built by them. The blockchain explorer was built under the industrial research assistance program. The organization further stated that it is building for executing the applications in the near future. The organization...
The union of European football Association recently experimented with using the blockchain technology for distributing the tickets. The football Association used the android as well as the iOS app which utilized the blockchain technology to deliver the tickets. The trial was actually pretty successful. It was held for the Real...
