Blockchain technology helps with the recycling of mattress foam. ChemChain for Mattress Foam Sustainability According to a report by Ledger Insights published on May 1, Dow Polurethanes – an offshoot of Dow – recently announced a pilot to tap ChemChain blockchain to aid with the recycling of mattress foam. For those not in the know, recyclers need reliable information about […]

The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries will be shipping during the second half of 2021. Canaan and Genesis Digital Assets Announce a […]

Sensing the upcoming tectonic shift in the architecture of global payments, DBS, JPMorgan, and Temasek have joined forces to develop a new blockchain-based interbank payments mechanism. Blockchain-Powered Mechanism the Need of the Hour In an official announcement made on April 27, major financial institutions such as DBS Bank, JPMorgan, and Temasek stated that they are developing an open industry platform […]

In a recent interview, Charles Hoskinson, Co-Founder and CEO of Input Output Global (IOG), the company responsible for building Cardano, talked about some of the key concepts of blockchain technology in the context of Cardano’s research and development work. Hoskinson made his comments during an interesting interview with Forbes that was published on Monday (April 26). Cardano’s Development Process We’ve published […]

Cryptocurrencies are being tapped for one of their most important use-cases – charities. Polygon’s Sandeep Nailwal Launches COVID Relief Campaign for India In a bid to give financial aid to India which is battling a severe COVID crisis, Polygon (formerly Matic Network) co-founder Sandeep Nailwal has launched a COVID Relief Fund for India. Shortly after sharing the Tweet thread, support […]

Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on hydropower, as province officials have […]

Blockchain-based music research and analytics platform Viberate (whose native token VIB is listed on Binance, Bittrex, OKEx, and Uniswap) will test the world’s first concept of a “live performance NFT” in partnership with digital asset marketplace Blockparty.  The upcoming “NFT drop” (the release and subsequent 24-hour auction of non-fungible tokens) will feature the work of world-renowned Techno DJ and Viberate […]

Atlanta-based BitMinutes Inc. (BitMinutes.com), a financial services technology company leveraging blockchain and pre-paid minutes tokenization to provide financial inclusion to the global consumer, announced today its partnership with GoodDollar.org, a social impact initiative who distributes free digital currency as part of its mission to onboard and educate the next billion digital asset users. Sponsored by the world’s leading social investment […]

The Department of Economic Development (Dubai Economy) and the Dubai International Financial Centre (DIFC) have both agreed to come together to expand the scope of their blockchain-based KYC platform across the United Arab Emirates (UAE).  A Nationwide Blockchain KYC Platform According to the Islamic Finance News on April 13, the Dubai Economy and the DIFC signed an agreement that would […]