Blockchain News

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Despite 82 Blockchain Patents, Tech & Operations Chief at Bank of America is Not Quite Sure About Blockchain Technology

The Tech and Operations Chief of Bank of America- Cathy Bessant is not all confident about blockchain technology. Although the bank holds more patents (82 blockchain patents) than other financial giants such as PayPal, and Mastercard, still it is not enough for her to be fully out there for the blockchain technology, CNBC reports. The bank has gathered several technology…

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Glassdoor, Indeed and Beam join hands

Beam, a company, has launched its own privacy coins which are based on Mimblewimble. Along with many other aims that this cryptocurrency has planned one of the main aims is to make digital currency transactions highly confidential. This cryptocurrency was launched on the Bitcoin’s 10th Jubilee. The Mimblewimble protocol was implemented for the very first time by the Beams’ Private…

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Deloitte reveals 95% companies are investing in Blockchain Technology

A recent survey conducted by Deloitte, a multinational research agency firm, revealed that over 95% of the surveyed organizations are interested in blockchain and investing to adopt this distributed ledger technology. The survey report titled, “Breaking Blockchain Open,” administered the survey on over 1000 executives from the various industries and firms who have shown their interest in blockchain technology. The…

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Tech Giants Collaborate to Launch a Blockchain to Ensure Ethical Sourcing of Cobalt

Since the drive towards electric cars had surged and countries world around pledging to concentrate on going full electric to reduce carbon footprints, a particular demand has increased for a rare element which happens to be very rare. The need for a mineral used in the lithium-ion battery, Cobalt, has increased many folds over the recent years, reports suggest. And…

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Italian Government Reveals the List of “Elite Experts” for the Blockchain Strategy Development

The Italian government recently revealed a list of 30 blockchain specialists and experts. The government aims to advance the integration of blockchain technology at the state level and further its usability. These high-level specialists were chosen after a four-month acquisition and consultation process. This group of experts will work as advising authorities for the development and design of a “national…

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Bank of America Discloses Innovative Blockchain Copyright Aiming Currency Management

Bank of America (BoA) is looking forward to copyright a structure by means of blockchain technology in order to progress currency management, as per the latest news available on Dec. 25th. Presented in the month of June 2017, the copyright mentions “banking structures functioned by information bearing evidence.” “Features of the news speak about organizing, constructing, and making the most…

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