Blockchain technology is a type of distributed ledger that consists of blocks of information that are linked together in an encrypted chain of transactions. It allows for a highly secure form of surveillance and also has the potential to power brand new applications, platforms, and business models entirely.
Recently, the so-called tech behemoth Microsoft has included new consensus protocol called Proof-of-Authority to its Azure platform. In fact, this was one of the protocols already supported by Ethereum and being used in the VeChain blockchain. It is well-known fact that, most of the blockchain space leverage the traditional Proof-of-work...
West Virginia consists of a significant population of citizens living overseas. The state has finally decided that for the midterm elections, the overseas residents will be able to vote with the help of blockchain technology. This will ensure that the US troops from West Virginia are able to vote quite...
Blockchain technology is gaining more and more attention from people all over the world. As cryptocurrencies become more popular, the demand for blockchain technology is also increasing. Also, it has been made clear that the applications of blockchain technology are much more as compared to just the cryptocurrencies. That is...
The so-called Mining giant in Crypto industry Bitmain has recently made an announcement about its investment in building Blockchain Datacenter in Texas. As per reports, the investments costs around $500 Million USD for over 7 years time. This investment represents a key factor for the company as it would help...
Researchers from one of the universities in China recently claimed that they have been able to create a blockchain-based electricity exchange. The blockchain-based electricity exchange will specifically cater to the power which has been unused. They have also filed a patent in this regard. Also, they allow the sellers to...
The Mexico government is the first one to launch public blockchain tender. It is a well-known fact that blockchain technology can be used for easing of the bureaucracy. As a result, many authorities are launching tenders as well as managing various departments on the blockchain technology. On the cryptocurrency, investors...
