The innovation in the cloud technology is the causative agent of a trillion dollar industry! However, it was just a baby step towards the next technological giant – the blockchain. Blockchain is out to be the next and bigger version of cloud. It was the innovation in the technology which made the cloud computing modelRead more..
As per the latest updates from Fintech Finance, the US-based retail giant Walmart is all set to adopt the radical blockchain technology in the interface design of its delivery system. The application which provides the legal charter for its ‘Smart Package’ system was launched by the USPTO (US Patent and Trademark Office) on Thursday, i.e.Read more..
Blockchain technology and cryptocurrency have seen the tough times in the past eight years and now evolved to such a point where they might be a serious threat for the banks and also to the centralized system, including law firms, governments, insurance companies, and payment systems. The ignorance of such revolutionary technology can’t be blamedRead more..
With regulatory conditions currently not in favor of blockchain based currency in India, the recent testing of blockchain by RBI has come as good news. The Regulatory Bank of India (RBI) carried out the testing with the cooperation of MonetaGo, a New York based blockchain technology firm. Reduced Transaction Costs Bitcoin, the best known cryptocurrencyRead more..
The blockchain is not only useful for cryptocurrencies; rather, blockchain ledgers may include loans and titles, logistics etc to give transparency to any kind of transaction which involves multiple parties. The blockchain is essentially a file system. It will create transaction blocks which is the distributed ledger. Here, all parties will be provided with accessRead more..
Nowadays, countries like Japan, Russia, Sweden, Germany, U.K, U.S, and Canada have accepted Bitcoin as a legal currency or mode of payment. Recently, in 2016, ICICI Bank in a partnership with Emirates NBD (Dubai bank) announced that it has successfully completed international trade finance transactions through blockchain technology. Created by a pseudonym Satoshi Nakamoto inRead more..