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Tag Archives: Adoption

FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service

Austin-based blockchain-as-a-service company Factom is partnering with FPT Software, an IT services company stationed in Vietnam. The two enterprises will work with each other to develop a new blockchain technology platform through Factom Harmony — a system that creates audit records regarding data, decisions, activities and events. The purpose of the platform is to digitize […]

Newegg to Accept Bitcoin Payments from Canadian Customers

Newegg Inc., the online e-commerce site that is rivaling Amazon for sales in technical equipment and electronics, is expanding its payment options to include bitcoin for its customers in Canada. Apparently unfazed by recent price volatility and citing “the increasing mainstream awareness of cryptocurrencies,” Newegg is showing its confidence in the future of the cryptocurrency […]

Twitter and Square’s Jack Dorsey: Bitcoin Will Be World’s Single Currency

Twitter and Square CEO Jack Dorsey recently had some remarkably positive remarks about bitcoin. Predicting the future of finance, he suggested that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years. Speaking with The Times, Dorsey stated: The world ultimately will have a single currency. The internet […]

Stellar Gears Up to Implement Lightning Network

Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been heralded as a solution to Bitcoin’s scalability issues, and the developments were greeted by the community with tremendous optimism. A little less than a week later, the […]

Op Ed: Could an Amazon Token Become a Viable Worldwide Cryptocurrency?

Combining the benefits of a utility-based cryptocurrency and a company that exhibits the characteristics of a power law network creates the perfect opportunity for a globally adopted cryptocurrency –– the Amazon Token. Amazon’s Full-Circle Economy In this hypothetical futuristic scenario, Amazon extends on the suite of products and services it provides customers in 2018 including: […]

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world’s first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime. The “Petros” cryptocurrency will have an initial value tied to the price of a barrel of Venezuelan crude oil […]

Kodak Gets in on the Blockchain and ICO Picture

Kodak, the iconic photography company first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists. The new platform, known as KodakOne, will enable users to register their work and license […]

Cryptocurrency and Blockchain Tech Market Could Reach $10 Trillion in 15 Years, Says RBC Analyst

In a report published on January 3, 2018, Royal Bank of Canada (RBC) Capital Markets analyst Mitch Steves confidently stated that the cryptocurrencies and blockchain technology applications market could increase thirteenfold in 15 years, reaching $10 trillion. Steves’ report, titled “Crypto Currency & Blockchain Technology: A Decentralized Future — A Potential Multi-Trillion Dollar Opportunity,” has been sent […]