Category: Blockchain Technology

blockchain based voting

Can Indian EVMs Emulate Utah’s Blockchain Based Voting System No Comments

Bitcoin started off as a digital currency about 8 years ago. Today, the same digital currency and its underlying technology named blockchain has endless applications. Originally created to provide a decentralized solution to hold and transfer funds by eliminating trusted third parties like the government and banking institutions, the same technology is now being used to form governments. Blockc...


The Bank of England, Threadneedle Street, London.

Does RSCoin Stand a Chance against Bitcoin? No Comments

It is not a big secret that the banks are working on adopting blockchain technology in their operations. They intend to use Bitcoin's underlying technology to create their own network to transfer funds between branches. The banking consortium consists of over 40 international banks, working together with a New York-based fintech company — R3CEV to create a blockchain solution that can replace th...


miner fee increase

Increase in Miner Fee Due to Bitcoin Network Congestion No Comments

Bitcoin scalability, block size, transaction delays are the hottest topics currently being discussed by the community at this time. In one of our previous posts, we mentioned about scalability issues plaguing the platform. To reiterate, the number of transactions on the platform have increased to levels beyond the processing capacity of the Bitcoin network. Increased load on Bitcoin network has cr...


miner fee increase

Block Size Issue Leads to Increased Miner Fee for Bitcoin Transactions No Comments

The Bitcoin network has been facing some issues with respect to transactions lately. These issues mainly related to smaller block size and increased transactions led to a backlog in transactions, making transactions take longer than usual to be confirmed on the blockchain. Bitcoin block-size has been fixed at 1 MB since it became operational. The 1 Mb limit was set in those initial days when th...


Brock-Pierce-Video-B2

Brock Pierce on Bitcoin and Financial Inclusion in India No Comments

Bitcoin doesn't get featured much in the Indian mainstream media. Is because of low adoption, or lack of understanding or just the don't care attitude one can't be sure. However, whenever there is a chance to have to report anything in an Indian context or get some interviews with those from the industry who are visiting the country, we can the newspapers to fall in line. We have seen that example...


ibm_1

IBM Blockchain Tech Might Help Upgrade Indian FinTech Industry No Comments

The century old tech firm, IBM has been at the forefront of almost all the technological revolutions to date. The company doesn't want that to change now. After realizing the potential of bitcoin and its underlying blockchain technology, the company forayed into crypto-tech and it has been working with governments and other institutions in this regard. Recently, IBM has decided to make use of i...


europol_eu_flags

Europol Teams up with Chainalysis to Fight Cyber Crime No Comments

Europe has had mixed feelings about Bitcoin since the terrorist attacks in Paris. Soon after the attacks, there were unconfirmed reports stating the use of bitcoin by terrorists. One of the hacktivist groups went a step further claiming to have successfully accessed the systems belonging to the terrorists containing terrorist funds. Following these claims, ministers from European Union nations ...


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