Nigeria has highest rate of global crypto ownership at 24.2%

Nigeria

Nigeria has the world’s highest cryptocurrency adoption rating, with 24.2% of adults owning some form of digital currency.

According to the latest Cryptocurrency Adoption Index from financial comparison platform Finder.com, which surveyed 41,645 adults in 22 countries, Nigeria is well ahead of the global average adoption rate of 11.4%.

Of the quarter of online adults in the West African nation who own cryptocurrency, Bitcoin is the most popular with 66.5% of owners...

Xi’an Jiaotong University establishes blockchain research institute with Future FinTech

Future FinTech (FTFT), a leading blockchain eCommerce company and a financial technology service provider, has announced that its wholly-owned subsidiary, Future Commercial Group, has begun cooperating with the School of Economics and Finance at Xi'an Jiaotong University to establish a blockchain finance research institute.

Future Fintech and the School of Economics and Finance of Xi'an Jiaotong University will cooperate to jointly establish the blockchain finance institute, which...

ShapeShift report cites Cosmos, Polkadot, and NEAR as key emerging smart contracts tech

Cryptocurrency exchange platform ShapeShift has released a new in-depth report on new smart contracts protocols - and has cited Cosmos, Polkadot, and NEAR with particular potential for decentralised applications (dApps).

The report, authored by Kent Barton, head of research and development at ShapeShift, is the first in a series of three reports to be published this year aimed at providing an in-depth review of the opportunity and state of evolution within the blockchain,...

EDF joins Hyperledger to continue blockchain research for energy sector

Another quarter means another tranche of new Hyperledger members have been announced - with energy company EDF and cybersecurity firm WISeKey the standouts.

In total, 10 companies have joined the foundation, while BSOS and Hitachi have come on board - the former also a member - as Hyperledger certified service providers (HCSPs).

EDF has been putting together several initiatives in the blockchain space. Through its Exaion platform, the company is looking to become the...

IOTA moves into research for blockchain and IoT with Austrian university

The IOTA Foundation is working with the Institute for Information Systems Engineering at TU Wien on blockchain and Internet of Things (IoT) research.

The Christian Doppler Laboratory Blockchain Technologies for the Internet of Things (CDL-BOT), named after the famous Austrian mathematician, is a project expected to run for seven years in total.

For IOTA, whose modus operandi is in the sweet spot between distributed ledger technology (DLT) and IoT technology, this makes...

Estonia’s central bank launches research project to assess digital currency

The Bank of Estonia (Eesti Pank) is launching a multi-year research project to assess the suitability of its e-Government technology in operating a central bank digital currency.

The initiative, in collaboration with the technology companies Guardtime, the long-term blockchain partner of the Estonian government, and The SW7 Group, will focus on a solution based on the KSI Blockchain, a core technology of e-government in Estonia.

The project will also examine new payment...

Most cloud-native attacks looking to mine cryptocurrency, report warns

A new threat report from Aqua Security has revealed the majority of attacks analysed on cloud-native infrastructure were for mining cryptocurrency - with a 'growing, organised and increasingly sophisticated' pattern of attacks noted.

The report, from Team Nautilus, Aqua's cybersecurity research unit, detailed a year's worth of attacks observed in the wild, looking at methods used to attack container infrastructure for the first time. The report also highlighted supply chain...

British Blockchain Association looks in vain for ‘evidence-based blockchain’ in new report

It may be all well and good touting the efficacy of your blockchain offering, but does it really stack up under scrutiny?

A new paper from the Journal of the British Blockchain Association (JBBA) has explored blockchain technologies on the basis of evidence-based practice (EBP) - with sceptical results.

Evidence-based blockchain (EBB) is defined by the journal as 'conscientious, explicit and judicious decision making based on professional expertise and evidence from...

IBM crowned as leader in ABI Research industrial blockchain as a service assessment

ABI Research has undertaken an assessment on industrial applications of blockchain as a service (BaaS) - and declared IBM at the top of the tree, with Microsoft not far behind.

The two companies were cited as 'clear leaders' in the report, which analysed six industrial BaaS vendors on innvation and implementation. IBM came out on top in both categories, ABI Research explained.

"The firm's platform is open to a broad range of industrial verticals and has run a significant...