The main purpose of the sidechain technology is improved transaction facility, faster settlements, and tokenization of different assets.
The anonymous government official said that the state-owned cryptocurrency will be running on a blockchain developed and monitored by the central bank.
Venezuela reaffirms the launch of the petro cryptocurrency, as the public sale date rapidly approaches.
Jack Ma consider blockchain a powerful innovation and says that he is fascinated by the value it brings to the table.
China has for the longest time shied away from the cryptocurrency debate after banning them early in the year. Amidst the ban, some people believe the country needs to reconsider its stance.
Several shopfronts in Dubai will get the POS terminals wherein customers can pay using the emcredit’s emcash digital currency equivalent to UAE’s official currency, Dirham [AED].
Research effort showcases that bitcoin mining profitability decreases over the last year, regardless of an overall increase in revenue.
Roubini called the decentralization of crypto a “myth” while posting that the entire crypto ecosystem is centralized.
The new upgrade will launch the TRON Virtual Machine allowing developers to test the smart contracts before they are deployed on the mainnet.
Coinfloor appears to be feeling the full effects of sentiments in the cryptocurrency space turning sour this year. The U.K’s oldest cryptocurrency exchange is set to lay off a majority of its 40 employees as part of an ongoing restructuring.