Is the proposed Swiss blockchain more secure than Bitcoin?

Postal and telecom services in Switzerland seem determined on developing a ‘national’ blockchain in an attempt to hire locally run businesses to convert to distributed ledger technology (DLT).

For this project, Swiss Post and Swisscom have joined hands to create a completely private Swiss blockchain to launch locally operated ‘decentralised’ applications.

Unlike usual blockchains, it is said that the proposed Swiss blockchain would be more centralised; meaning...

Deutsche Bundesbank and Deutsche Börse complete blockchain prototype tests

German central bank Deutsche Bundesbank and capital market company Deutsche Börse have recently completed performance tests of their jointly specified prototypes for securities settlement that were developed on the Hyperledger Fabric (version 1.0) and the Digital Asset Platform. During the testing, the prototypes - which support the settlement of securities transactions, payments, interest payments and repayments at the maturity of a bond - showed capabilities for the productive operation...

Accenture develops ‘game-changing’ solution to blockchain interoperability

Management consulting and professional services firm Accenture has developed a ‘game-changing’ solution that allows communication between multiple blockchain platforms. According to the group, a prototype has shown it possible for various platforms, such as Bitcoin, Hyperledger Fabric, R3 Corda and Quorum, to be securely integrated with one another. That could solve long-held interoperability problems between a growing number of platforms, regarded as a “critical challenge” to...

Big data, the blockchain, and the oil & gas Industry

We are experiencing another profound period of technological innovation. Specifically, two technologies, the internet of things (IoT) and the blockchain are gaining significant popularity just as their capabilities are making them cornerstones of the new digital age. Most importantly, despite the hype and excitement surrounding these technologies, they are rapidly expanding and becoming increasingly important as an enterprise-level solution across virtually every industry. As a Deloitte...

HTC launches blockchain-based Exodus 1 phone for crypto buyers only

Taiwanese phone manufacturer HTC has launched its (long-awaited?) blockchain-based smartphone, Exodus 1, today (October 23). However, at present, it’s only available to pre-order using cryptocurrency. According to CNBC, the handset can be ordered at a current price of 0.15 bitcoins or 4.78 ether tokens, or about $960 (£739), and is expected to ship in December.   Security and privacy are core features of the new device; it features HTC’s own Zion cryptocurrency wallet, serving as a...

China Cyberspace Administration tees up to make blockchain censor-ready

China’s Cyberspace Administration, the main agency enforcing its hard line on censorship, has laid out plans to regulate blockchain companies operating in the country. As reported by South China Morning Post (SCMP), under the proposed new rules users of blockchain services would be required to register their real name and national identification card numbers. Blockchain information service providers themselves would be required to censor content deemed a threat to national security,...

US jobs in crypto and blockchain are booming amid long-term market confidence

Despite a bearish and ever-volatile market, cryptocurrency and blockchain jobs are in healthy supply, according to a report by Glassdoor Economic Research. In fact, the number of vacancies relating to the crypto sector has risen by 300 percent in the US since the same time in 2017, Glassdoor stating that continued growth in employment represents confidence among employers who are willing to make “long-term investments” in their teams. That increase amounts to 1775 blockchain-related...

How blockchain will help you take control of your health data

Exciting advances in precision medicine over the past decade should mean you and your family are now receiving advanced levels of healthcare and disease prevention based on your genetic makeup. Researchers and health professionals across the world should be enjoying access to a vast resource of genomic sequencing data and health records – helping them discover cures and treatments for every type of disease. However, the reality is far different. An ocean of data about your health and...

Apple’s Steve Wozniak has co-founded a blockchain-powered VC firm

Apple’s Steve Wozniak has been announced co-founder of EQUI Global, a blockchain-powered venture capital firm focused on technology, confirming earlier murmurings of his involvement with a blockchain project. Founded by ‘billionaire’ businessman and investor Doug Barrowman alongside entrepreneur Baroness Michelle Mone OBE, EQUI Global plans to focus on non-institutional investments with ambitions to “disrupt” the venture capital industry. According to a press release, the...

Mayor of Seoul commits $108m to blockchain-powered smart city initiatives

The mayor of South Korea’s capital Seoul, Park Won-Soon, has committed to investing $108m (£83m) towards developing blockchain hubs within the city. Park’s announcement came amid a diplomatic visit to Zurich, where he announced plans to create two business complexes in Seoul which would become home to 200 blockchain-based companies by 2021. These hubs would also serve to train more than 700 experts in the technology over the course of the next five years. “There’s no doubt...