BlockChain

Stellar’s McCaleb: Blockchain Could Power ‘Universal Payments Network’ By 2028

Stellar CTO and co-founder, as well as Mt. Gox creator, Jed McCaleb told CNBC March 21 about his vision for a singular global payments system – one that will crucially involve Blockchain technology. Stellar, which like Ripple is a Blockchain-powered international remittance setup with its own cryptocurrency, is currently attempting to create such a network. “In the future, I …

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How Much Should a Blockchain Cost? The Compelling Case for Higher Fees

According to a group of researchers, cryptocurrency users are a bunch of freeloaders. Well, maybe they wouldn’t go that far, but they argue users aren’t paying for certain data they should be paying for, and in turn, are putting the growth of blockchain networks at risk. At least that’s the …

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Korea Telecom Announces Blockchain For Network Security

South Korea’s leading mobile carrier, Korea Telecom (KT), said Tuesday that it plans to use new telecommunications system powered by blockchain security solutions. KT’s digital infrastructure project, dubbed “Future Internet,” will let people and businesses earn rewards for using their own data instead of portal operators like Google, which currently …

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Exchange to Investigate Another Chinese Stock Over Blockchain Claims

China’s Shenzhen Stock Exchange (SZSE) is investigating the second public company within a week over a claimed blockchain partnership. According to a letter issued Tuesday, the SZSE is requiring a healthcare device maker called Lifesense to provide details over its Monday announcement that it will partner with a blockchain startup to launch a research lab, purportedly …

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OECD to G20: Crypto Tax Policies Need Global Clarity

The Organization for Economic Co-operation and Development (OECD), a global intergovernmental body, has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency. In a report sent to financial ministers and central bank regulators of the G20 member countries on Tuesday, the OECD said it is looking to develop …

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IT Giant Fujitsu Unveils European Blockchain Innovation Center

Japanese multinational Fujitsu, one of the world’s largest IT services companies, has launched a Brussels-based Blockchain Innovation Center. The company announced the initiative on Wednesday, noting that its primary objective will be to facilitate research on blockchain technology and to develop projects in collaboration with private and public sector organizations. “The center …

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