What if there were no exchanges to hack? As a new generation of crypto users begin to invest in the technology, developers are growing concerned about its infrastructure. They've seen this happen before – new users enter the space attracted by big gains, then suddenly, a catastrophic failure, usually at the very exchanges designed to hold […]
A research analyst at the Royal Bank of Canada (RBC) sees cryptocurrency, blockchain technology and decentralization as a potential $10 trillion ecosystem. In a new report released Wednesday, Mitch Steves, an equities analyst with RBC's Capital Markets subsidiary, laid out his bull case for why the future of transactional services will ultimately be decentralized. "While the cryptocurrency […]
A UK-based startup has announced an ethereum-powered platform aimed to reward users for sharing their transport data. DOVU, which reportedly already has notable investors on board, plans to create a secure environment for individuals and companies to share any data relating to mobility – such as location, distance traveled and weather conditions. According to TechCrunch, the startup has already received […]
Centralized ways of proving identity may soon have an expiration date. A lofty claim, perhaps, but the idea is arguably bolstered by the launch this week of a functioning blockchain prototype this week built by Microsoft and Accenture. The technology could one day allow users to accumulate verified information about their identity in a profile they control. Instead of […]
A future with autonomous vehicles is fast approaching – and with it, the idea that blockchain could connect automobiles and other Internet-of-Things (IoT) devices is getting its fair share of attention. Even though smart houses (where doors, thermostats and appliances are connected to the internet for added functionality) may have seemed more trendy a year ago, blockchain startups are becoming drawn to the […]
Ether prices have been hovering above $40 per coin as of late, indicating significant support for that price, according to several analysts. Since 22nd March, ether, the cryptocurrency powering the decentralized application platform ethereum, has traded above this particular level. During this time, ether has risen past $50 more than once, reaching as much as $53.78 on 29th March, according […]
Even as bitcoin's block size debate rages on, enterprising developers are looking beyond the infighting to focus attention on what's ahead.Adem Efe Gencer is one such developer. A research assistant at Cornell University's center for blockchain and cryptocurrencies, he believes blockchain technologies will come to be used on a broad scale to track everything from land […]
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