Samsung Quietly Releases a Blockchain SDK for Dapp Creation

Access to the SDK is currently limited – users aren’t able to download the SDK directly but must request access – and it’s not clear when users will be able to experiment with the code let alone use it in production. Samsung also announced its own KeyStore, a device-based private key storage system within Samsung’s security layer, called Knox.

Facebook’s cryptocurrency is a centralized wolf in decentralized sheep’s clothing

Joe Lubin (ConsenSys): Yet, with the Libra whitepaper, Facebook is not eliminating subjective trust, but imploring us to trust in Libra. You have to trust that one Libra coin will have “intrinsic value” by being backed by a basket of currencies and government bonds, rather than the capriciousness of daily cryptocurrency price swings. Facebook will seek trust from regulators that its Calibra wallet can comply with know-your-customer and anti-money laundering laws by requiring government-issued IDs to verify an account. It …

A radically new Zcash blockchain is being built to serve 10 billion users

In essence, the ECC is working out how to turn the Zcash blockchain—which was based on bitcoin’s code and has inherited many of its limitations—into one that can handle thousands, if not millions, of transactions per second. That shakeup is so radical, it’s likely to involve an entirely new blockchain to enable “sharding,” a scaling solution the foundation is considering. Sharding is a complex way of architecting databases, sometimes across a variety of servers, to …

ON THE ORIGIN OF BLOCKCHAINS

Blockchain software, which is open source, evolves through a process of forking, which occurs in response to a challenge. This is analogous to mutation, where various blockchain elements or “genes” are adjusted and then either promoted or discarded in order to alter the underlying “DNA” of the network and potentially increase its fitness. Decentralisation plays in important role because it is able to expand a fundamental niche.

Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC payments with no transaction fees. The announcement specifies that “unlike accepting credit card payments, merchants can accept USD Coin without geographical limitations or the need for a traditional bank account.”

Major Swiss Stock Exchange SIX Developing Stablecoin Pegged to the Franc

Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23. The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin will operate on that exchange.

TheFounder’s Handbook – IBM Blockchain

By design, Blockchain makes it easy for diverse parties to transact with one another without requiring a central authority — especially when there are varying levels of trust between them. That’s why it’s vital to create a vibrant ecosystem where participants work together to solve the same business problem.

When Will We See The Emergence Of Digital Securities?

Tokenized securities, or a security token offerings (STOs), are one of the much-hyped advancements that could help drive blockchain adoption going forward.  While cryptocurrencies such as Bitcoin, Litecoin or XRP can be seen as “digital gold” or “digital money,” and others like Ethereum or EOS can be seen as an access key to open source computing power, tokenized securities are different. While built on similar blockchain based technologies, tokenized securities are a version of digital ownership governed by smart contracts for any variety of …

Welcome to Athens: Tezos Completes ‘Historic’ First Blockchain Vote

The multimillion-dollar blockchain Tezos has officially concluded its first round of voting for two competing system-wide upgrade proposals. Not without its fair share of internal governance conflicts, today marks the official close of the first round of voting on the Tezos blockchain. The two proposals dubbed ‘Athens A’ and ‘Athens B’ are the first of its kind to undergo Tezos’ protocol amendment procedures, designed to roll out system-wide upgrades otherwise known as hard forks in an entirely …

95% Of Reported Bitcoin Trading Volume Is Fake, Says Bitwise

CoinMarketCap reports approximately $6 billion per day in bitcoin trading volume, but the actual figure is $273 million, or roughly 4.5% of the reported amount, according to Bitwise. When conducting its analysis, Bitwise culled data from 81 exchanges, which it selected based on reported bitcoin trading volume. Exchanges that reported less than $1 million worth of volume per day were excluded. Bitwise, which recently proposed a bitcoin exchange-traded fund (ETF), submitted this report to the U.S. Securities and Exchange …

Blockchain ETF Goes Live on London Stock Exchange to Help Generate ‘Real Earnings’ from the Tech

The launch of the first blockchain ETF on the London Stock Exchange has become a real milestone for the blockchain industry. At the current moment, there are around six blockchain ETFs that have been listed on Canadian or U.S. stock exchanges. Nevertheless, for investors in the UK, it is the first such an easily accessible opportunity to add to their portfolio investments in blockchain-related firms that’s why it will be interesting to observe how investors …

IBM Quietly Enters Crypto Custody Market With Tech Designed for Banks

IBM is coming to the crypto custody space. Later this month, Shuttle Holdings, a New York investment firm, will launch the beta version of a custody solution for digital assets built on IBM’s private cloud and encryption technologies. The companies won’t be storing cryptocurrencies and tokens themselves, but offering tools for others to do so. Potential users include banks, brokers, custodians, funds, family offices and high net worth investors who want to do self-custody, as well …

4 Major Blockchain Trends to Watch for in 2019

As 2018 marched along and the utility token market saw a slowdown, industry has been rife with talk of the arrival of security tokens. This is for good reason. The market has long-waited for the grand entrance of institutional investors – but they have not yet significantly entered the market. This has partially been attributed to the core offerings of ICOs. Utility tokens offering usability are simply not substantial enough to investors, who are used …

Swiss Stock Exchange SIX Will Tokenize Equity on R3’s Corda Blockchain

SIX Group, the Swiss stock exchange operator, has picked R3’s Corda Enterprise platform as the underlying blockchain for the digital asset trading, settlement, and custody service it is building. Another area of focus for SIX is the handling of so-called security token offerings (STOs). Indeed, in an interview with Reuters last month SIX chairman Romeo Lacher said the exchange plans to eat its own dog food, so to speak, by looking to raise some money itself via …

The core difference between STO and ICO for projects and investors

Security tokens, in fact, can be equated to securities. They can give their owners, for example, ownership that is accordingly regulated. So in the US, the SEC resolved that security tokens are knuckle under to the same federal laws as standard securities. This type of token can be backed by company assets, such as stocks, the right to receive dividends or the right to vote. And undoubtedly for investors who believe in a company, this …

What the hell is a blockchain phone—and do I need one?

All of a sudden, several crypto-focused handsets are hitting the market, or will soon. The biggest player in the new game is Samsung, which confirmed this month that the Galaxy S10 will include a secure storage system for cryptocurrency private keys. It joins HTC, which for months has been touting the Exodus 1; Sirin Labs, which used proceeds from a huge ICOto build the Finney; and Electroneum, which this week began selling an$80 Android phone that …

Blockchain: Separating the fact and fiction

When it comes to the business of law and the technology that law firms rely on to operate, blockchain has until very recently been of limited relevance, with CIOs and their teams only interested at the very fringes – the majority will tell you off the bat that blockchain is massively overhyped, and to a great extent they are right. But in contrast with the fact that blockchain in 2018 officially entered the trough of …

Blockchain’s Occam problem

There is a clear sense that blockchain is a potential game-changer. However, there are also emerging doubts. A particular concern, given the amount of money and time spent, is that little of substance has been achieved. Of the many use cases, a large number are still at the idea stage, while others are in development but with no output.