New Jersey Signs Blockchain Task Force Program Into Law

news Blockchain implementation research is coming to New Jersey. Governor Phil Murphy signed bill S2297, the Blockchain Initiative Task Force, into law Friday. The task force is commissioned with studying potential use-cases for blockchain technology on the state and local level. The bill specifically points out medical records, land records, banking, and property auctions as…

A Look at Blockchain’s Pivotal Role in Securing Mobile Networks

Over the years, blockchain has received a lot of coverage, although the concept of blockchain is often quite misunderstood. From a more technical perspective, blockchain is nothing more than a data structure which is used to track interactions between devices on a distributed network. One of the best-known examples of how blockchain technology works are…

Corporate and Government Blockchain Use | Is it Really Being Used? If So, Why?

In the past few years, the public perception of blockchain has shifted from being an esoteric, little-understood technology to nothing short of a revolution that may define the future of the internet. We have been seeing massive venture capital being pumped into blockchain startups for a while now and blockchain based startups are now finding…

Passwordless Future With Blockchain: Debunking The Myth That Passwords Make Us Safe

We live in a time of rapidly advancing technology. Interconnectivity has brought the world closer than it’s ever been before, however, it’s also made our personal information far more vulnerable as a result. Passwords have long been seen as the cornerstone of online security. Whenever we indulge in internet shopping, or access work emails, or…

Major Brands Are Now Using Blockchain Tech for Customer Loyalty

Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to…

Is Tourism the Next Sector to Benefit from Blockchain Technology?

Each day, more and more blockchain technology-based solutions are being developed across various major industries and applications globally. It’s also evident how the blockchain revolution has brought about great success, especially in the financial sphere. In fact, as time goes by, we expect to see more industries adopting this technology. The nascent rise of blockchain…

Alibaba, IBM Top Global Blockchain Patent Rankings, Says New Research

Major financial and technological enterprises from China and the U.S. are leading the global drive to develop blockchain applications, according to a new report that ranks entities by patents filed. The research, released Friday by iPR Daily, a media outlet specializing in intellectual property, shows that Chinese internet giant Alibaba tops the list with a total of 90…

Goonhilly and Spacebit Partner To Accelerate Commercial Space Exploration Through Blockchain Technology

Goonhilly Earth Station, the UK satellite communications innovator and space gateway, has today announced that it is collaborating with space blockchain technology pioneers, Spacebit, to develop the use of blockchain technology for space-based data applications and mission deployment. Blockchain technology has the potential to introduce new techniques to accelerate space exploration by creating an ecosystem…

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

NEWS Jul 31, 2018 at 06:00 UTC  |  Updated  Jul 31, 2018 at 07:28 UTC The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The bank tested the technology for the first time in one of its…