Blockchain technology can be described a digital ledger that consists of a growing list of records – blocks – linked using cryptography. Each block contains information such as a timestamp, transaction data, and more, that can be permanently verified. While data on these blocks isn’t unalterable, blockchains are resistant to modification, especially if decentralized.
Blockchain technology was invented by the person or group behind the Satoshi Nakamoto pseudonym, which was behind the creation of the first cryptocurrency: Bitcoin. It allows the cryptocurrency to be decentralized and solves the double-spending problem without the need for a trusted authority. As a result, Bitcoin transactions are peer-to-peer.
This type of technology has over the years been deployed for a number of uses, including tracking the supply chain of supermarkets. Various cryptocurrency naysayers argue blockchain tech has potential.
On this page you'll find news related to this technology.
On Wednesday (April 8), South Korean remittance firm Coinine Transfer, a subsidiary of crypto exchange Coinone, explained how it has been using Ripple's technology to solve problems with cross-border ...
Freeware web browser Opera has announced major updates for its built-in crypto wallet across android devices.
In a recent interview, Arthit Sriumporn, the SVP of Commercial Banking at Siam Commercial Bank (SCB), which is Thailand's largest bank by total assets, talked about the benefits SCB ...
Cameron and Tyler Winklevoss are launching Nifty Gateway, a marketplace for digital art that utilizes blockchain.
MIT researchers discovered that miner "counterattacks" were able to prevent doublespends during the recent 51 percent attacks on bitcoin gold's blockchain.
Blockchain.com is officially launching its retail lending service called 'Borrow,' which allows clients to borrow the platform's native stablecoin against bitcoin held in their wallet.
Consumer electronics company HTC is launching a 5G blockchain router that is capable of running full bitcoin nodes.
A tezos developer has created a prize pool to incentivize users to contribute to research combating the coronavirus.
China’s research into the launch of its own digital currency has reportedly been delayed over the coronavirus outbreak, which according to recent data has infected over 81,000 people ...
On Tuesday (February 25), Brendan Blumer, Co-Founder and CEO of Block.one, responded to Coinbase's concerns about EOS network's "degraded performance levels."
