Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025 April 2, 2020

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year.  Although $35 billion seems high, it’s dwarfed by […]

New Blockchain Project Lets Users Choose Their Renewable Energy Source April 1, 2020

Australian blockchain firm Power Ledger and French green energy retailer ekWateur are betting that consumer choice can help spur the transition to sustainable energy usage. In an announcement on April 1, the two firms revealed that they will be offering almost a quarter of a million French residents the opportunity to customize their energy mix, […]

Blockchain Jobs Continue to Rise Despite Global Recession March 28, 2020

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase […]

Flying Hot Off the Shelves — Virtual Land Based on Blockchain March 21, 2020

A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual world platform have spent $1 million on digital land. And the largest deal for the Decentraland project was a sale worth $215,000 to an unknown user. Each plot in Decentraland represents a patch of land in […]

Central Banks Are Exploring Blockchain — but For Their Own Reasons March 8, 2020

Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of the Bank of England, when addressing members of the United Kingdom Parliament at a Treasury Select Committee hearing on March […]

Blockchain a Home-Run in the Sports World — Use Cases Climbing in 2020 March 1, 2020

The new decade has kicked off with blockchain technology finally being utilized in real case scenarios in the world of sports. Many blockchain proponents are enthusiastic about the wide variety of potential use cases, but real-life working examples are often hard to come by. The potential of the technology to underpin a variety of systems […]

Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak February 29, 2020

Chinese cryptocurrency exchanges and other blockchain companies are coping with a new reality as the coronavirus outbreak continues to disrupt their daily operations.  While crypto trading, customer service and marketing remain largely intact, the outbreak has taken its toll on technical upgrades, product development, logistics and business travel, according to a dozen executives in China […]

House Committee to Hold Hearing on Benefits of Blockchain February 28, 2020

Blockchain and cryptocurrencies are affecting the way both large corporations and small businesses operate, and governments are taking notice. Next week, a committee in the U.S. House of Representatives will hold a hearing focusing on blockchain’s impact on small businesses. The Committee on Small Business will hold a hearing titled “Building Blocks of Change: The […]

Blockchain Security Company CoolBitX Raised $16.75 Million in Series B February 25, 2020

CoolBitX, creator of the cryptocurrency-storing CoolWallet, continues to be popular with investors. In a press release today, the Taiwan-based startup announced that it had secured additional funding for expansion. Led by Japan-based SBI Crypto Investment Co. Ltd., the Monex Group, BitSonic, and the National Development Fund of Taiwan, the group provided CoolBitX $16.75 million from […]

Botched Iowa Caucuses Won't Cast Shadow Over Blockchain Voting February 13, 2020

According to a report released on Feb. 5, a mobile software application that was devised to help calculate the total number of votes in the Iowa Democratic caucus reportedly malfunctioned, resulting in the Democratic Party having to delay its public reporting of last Monday’s results. It was also revealed that a coding issue with the […]

Blockchain Plays an Unlikely Role in the Global Battle for Human Rights February 4, 2020

It’s a nightmarish scenario that is sadly familiar to many who are seeking work in foreign countries. Slavery and human trafficking — these are criminal industries that continue to flourish in many regions across the globe.  Such problems may seem distant and abstract to the average consumer in more developed regions, but it’s a very […]

Bancor’s Airdrop as First Step to Take Blockchain Out of 1997: Interview January 17, 2020

Decentralized exchange project Bancor (BNT) is currently in the midst of launching a massive airdrop to all its token holders. Cointelegraph took the occasion to interview Co-founder and Product Architect Eyal Hertzog, and Head of Growth Nate Hindman. The duo shared their thoughts on the airdrop, existing trends in decentralized finance (DeFi) and Bancor’s upcoming […]

Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain January 16, 2020

A building on the prestigious Banhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today. The new owner of the building is Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shares” of ownership in the building,. Those tokens are for sale to individuals who […]

China Continues to Streamline Its Blockchain Patent Application Process January 4, 2020

The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1. At the end of December 2019, the NIPA announced the revised guidelines to patent applications for new emerging technologies such as blockchain, artificial intelligence, big data, and business […]

Amid Rising Adoption, Funding for Blockchain Startups Dries Up December 31, 2019

Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it.  However, a surprising turn of events took place in 2019 when it comes to the amount invested into blockchain technology and companies behind them. After […]

India's Payments Platform Varja Gets the Blockchain Ball Rolling December 27, 2019

While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent.  After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database […]

Insurance Industry Eyes Blockchain as Top Firms Begin Tests December 26, 2019

On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years. The most unique quality of a blockchain is that once a piece of information is added to the distributed ledger, it […]

China Issuing Bonds on Blockchain Is a Sign of What’s to Come December 24, 2019

The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development Network.  This recent issuance of $2.8 billion in bonds is nothing to look twice at and was largely expected, given the bank’s inclusive […]

Report: ‘Blockchain Is A Rapidly Maturing Technology in China’ December 7, 2019

Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China. On Dec. 5, Forkast Insights presented its first report on how blockchain is being applied by the Chinese government and companies across the country. According to the report, blockchain technology is rapidly maturing and […]

American Citizen Arrested For Educating North Korea On Blockchain And Crypto November 30, 2019

Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions. According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and will […]

China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action November 25, 2019

News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country. President Xi identified dozens of use cases that should be promoted: loans, health care, anti-counterfeiting, charity and food […]

Longhash Blockchain Researchers Dispute 2017 ‘Single Whale’ Theory November 19, 2019

Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run. On Nov. 18, researchers at crypto analytics firm Longhash announced that they have calculated a metric called “Tether Purchasing Power,” which shows more insight into the question of whether Tether (USDT) was used […]

How Blockchain and Crypto Are Poised to Shift the Balance of Power October 28, 2019

Blockchain’s potential to disrupt the financial landscape is evident. Even at this early point in the technology’s development, established institutions — including banks and governments — have been quick to note this potential for disruption, and equally quick to attempt to limit its impact.  However, despite the obvious utility, and many current and fascinating applications […]

Crypto and Blockchain News From Japan: Oct. 14–20 in Review October 21, 2019

The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology.  Here is the past week of crypto and blockchain […]

Crypto and Blockchain News From Brazil: Oct. 6-12 in Review October 13, 2019

The story of Brazil’s crypto scams took a new twist over the past week as CEO of an alleged pyramid scheme reportedly fled the country after rejecting court deadlines. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Banco Original sponsors a crypto-related event Brazil’s Banco […]