Sugar traders are looking to fix industry woes by implementing blockchain technology, following the steps of agricultural merchants who have already used the tech to help streamline trading and shipping transactions, Bloomberg reported on February 14, 2019.
As cryptocurrencies grab more attention from the media and ordinary investors, and the market capitalization has climbed into the hundreds of billions of dollars, global regulators have had an increased interest in the growing sector.
This interest has affected the entire cryptocurrency market, but it has seen Bitcoin facing the most scrutiny as the oldest and most valuable cryptocurrency.
Since agriculture is one of the chief occupations in Indonesia, reliable data and transactions are imperative for improving people’s quality of life. This resulted in the creation of HARA, a blockchain powered data exchange platform for accurate and efficient data. HARA links farmers, finance institutions, retailers, and data service providers, and give access to details like land ownership, grain price, soil quality, and more. HARA is thus helping build an efficient ecosystem.
Software development has used the term “forks” for a very long time as a way to describe a change in protocol, and since blockchain technology is based on software code it shouldn’t be surprising to know that this technical term is used in connection with Bitcoin and other cryptocurrencies.
Because forks are fairly common we should understand what they are and why they occur, and the logical place to begin with our study of forks is with Bitcoin, since it was Bitcoin that started the cryptocurrency revolution.
Power Ledger, an Australian energy trading startup, has entered into a new partnership in order to create a blockchain-based platform that would focus on trading renewable energy in Japan. Sharing Energy Co., one of the country’s leading providers in the solar energy field, will be driving the project.
It’s tragic that only ten years after the advent of Bitcoin we’re already making a genuine distinction between so-called private and non-private cryptocurrencies. Public-key cryptography is what made cryptocurrency possible and the founders of this revolutionary technology had only one thing in mind when they created it and that is, you guessed it – privacy.
The birth of the cryptocurrency represents a historical moment that cannot be portrayed as just a dot on the graph of technological progress. No. Bitcoin is a political statement. A statement for privacy and financial sovereignty. It didn’t just come out of the clear blue sky, and it wasn’t just Satoshi’s eureka moment; the idea of cryptocurrency has deep philosophical and ideological roots sprawling back to the Cypherpunk movement of the early 90s.
What is Tezos? Simply put, Tezos is a blockchain based, smart contracts platform that works on a self-governance and self-evolution model.
If the words “blockchain” coupled with “smart contracts” bring to the surface popular platforms like Ethereum and what some describe as the Chinese equivalent, NEO in your mind, then you might not be the only one.
Fortunately, the team at Tezos seems to be aware of that fact, since it promises that Tezos does indeed have significant differentiation over other blockchain platforms. The Tezos team primarily points to the self-amending properties of their platform.
Nano is the cryptocurrency project that was formerly known as RaiBlocks. In contrast with many of the other technologically complex crypto projects, it’s is refreshingly simple in its mission:
“Instant Transactions – Zero Fees – Infinitely Scalable
Digital currency for the real world – the fast and free way to pay for everything in life”
There’s nothing complex going on here. No smart contracts, child chains, AI neural networks or cross-chain happenings. It’s just a simple, straightforward project with some interesting technology to back it all up.
U.K.-based Nuggets has unveiled their plan of integrating blockchain tech to the prevailing payment rails. This is anticipated to bring in a privacy-oriented system wherein consumers personal data would remain inaccessible to merchants.
A journalist has decided to take the idea of programmable currencies to the next level and build an open-sourced, non-monetary reputational economy. Created as an incentive for people to push blockchain technology further than fintech, we take a look at the YKarma experiment and the potential uses it can have.