One of India’s homegrown blockchain protocol, Eleven01 launched their testnet on Tuesday. The testnet is ready for real-world use in both public and private workloads. The eleven01 testnet will provide users with an ecosystem to create, publish, and extend the core blockchain services offered through the platform in India. Earlier, Crypto-News India had reported on eleven01, when the […]
Messaging app Telegram has reportedly launched a private beta testing of its blockchain, Telegram Open Network (TON), as reported by Russian news portal Vedomosti recently. According to the news portal, the messaging app granted access of the TON blockchain to a select developers, including some from Russia. The news portal cited some anonymous sources and said the developer […]
Convincing people to switch from a currency system that has existed for a few thousand years to a new, digital system was always going to be a huge challenge. Yet, cryptocurrencies continue to grow in popularity. Traditional fiat currencies have always had the advantage that you can touch and feel the coins and notes, but […]
Way back in 2016, the number of full nodes within the Bitcoin network was dropping. At the time, the dropping number of nodes, fuelled the scaling debate, among bitcoin enthusiasts. However, in contrary to people’s expectations, the full node count of BTC has been increasing and over the past year, it has crossed over 06 […]
French movie producer, Dominique Boutonnat, has submitted a report of recommendations to the National Centre for Cinematography (CNC). The report emphasizes on the need for blockchain technology. Boutonnat opined that the field of film making is beset with problems that involve producers, rights holders, and others constantly forgoing previously-made bargains, due to which, balance of power is skewed. the […]
Just when we thought that blockchain couldn’t get any more interesting, here’s a piece of news that will brighten up your day! Xerox was awarded a patent for blockchain-driven auditing system for electronic files on Tuesday. As per the record of the patent published by the US Patent and Trademark Office (USPTO), it is, “An electronic device making […]
PolicyBazaar, an Indian insurance company announced that it was tying up with Accrivis Network, which is a data integration platform provider, to integrate blockchain to ensure ‘customer centricity through data security and application integration’ on Thursday. According to a report published by The Tech Panda, the company is looking to integrate blockchain in an effort to reduce data […]
It seems that big corporations have suddenly entered in a race to launch their own crypto tokens. First of all it was JPMorgan which announced its JPM Coin. Then Facebook announced its plans about Libra. Then we heard about a patent that Walmart has obtained to develop its own token. And now similar news is coming from Germany, where […]
In a keynote address at the Blockchain Summit on Demystifying the Opportunities and Applications of Blockchain which was organized by Confederation of Indian Industry, a government official stated that the government plans to make Telangana as the ‘Blockchain Capital’ of the country. Rama Devi Lanka, who is the director of emerging technologies, officer on special special […]
The newly introduced United Nations Children’s Fund (UNICEF) Innovation (Venture) Fund has called for blockchain-enabled startups to streamline technology for benefit of underprivileged children. According to the announcement, the Fund will provide seed funding ranging from $50- $90,000 in equity-free seed funding. The money is intended for prototype testing and validation, and to get it to a stage […]