Category «Blockchain news»

Interesting Blockchain Project Ideas For Beginners

cryptoknowmics.com Despite popular misconceptions, the topic of Blockchain extends well beyond the world of cryptocurrencies like Bitcoin. A blockchain is a decentralized, immutable,  public ledger that contains a series of blocks on which transactions are recorded.  Because data is stored in a block it is immutable and cannot be modified. This way all the transactions …

Millicent receives Innovate UK SMART Award

invezz.com Millicent, a UK-based distributed ledger company, has been awarded government funding in the form of a UK Research and Innovation (UKRI) Innovate UK SMART Award, Invezz learned from a press release. This is the most prestigious R&D grant in the UK. It will make it possible for the company to continue developing its groundbreaking …

North America to lead growth in blockchain market, new report says

cointelegraph.com A new report indicates that the blockchain industry is set for astronomical growth in the next decade, with the North American market leading the way. The report by Fortune Business Insights, titled “Blockchain Market Analysis Research Report, 2021-2028,” mentions that the global blockchain market size is expected to reach a whopping $104.19 billion by 2028, exhibiting …

Solana integrates Web3Auth to lower DApp barrier-to-entry

cointelegraph.com Solana Labs and Web3Auth have announced a collaborative digital wallet initiative designed to eliminate the prerequisites for seed phrases in cryptocurrency interaction, and in turn, streamline a presently tedious and complex process to drive consumer adoption in the Web3 sphere. The Solana Torus Wallet is a non-custodial product that enables users to access all decentralized applications …

The blockchain market will grow tenfold

en.cryptonomist.ch The Blockchain Supply Chain Finance Market Research Report 2021 was recently published, which also includes forecasts for the blockchain market up until 2028. Summary Growth of 35% per year for the blockchain market China dominates Growth of 35% per year for the blockchain market According to this report, the CAGR (Compound Annual Growth Rate) …

Woori Bank to Accept Blockchain-based Driving Permits as Form of Authentication

cryptonews.com The South Korean financial giant Woori Bank has become the first commercial bank in the nation to start accepting blockchain-powered driver’s licenses as an official form of authentication. Blockchain-powered driving permits were first unveiled in 2019 under the auspices of the Ministry of Science and ICT and the nation’s police force. All three of …

WazirX CEO Nischal Shetty unveils new blockchain project Shardeum

www.theblockcrypto.com Quick Take WazirX CEO Nischal Shetty is working on a new blockchain project called Shardeum. Shardeum aims to support a million transactions per second, Shetty told The Block. Nischal Shetty, founder and CEO of Indian crypto exchange WazirX, has an ambitious goal of building an “infinitely scalable” blockchain and serving billions of users. To …

Alphabet CEO Says Company ‘Definitely’ Looking at Blockchain

blockworks.co Alphabet, the parent company of Google and Youtube, is looking at how to build blockchain technologies into its blockbuster services, executives said on a Tuesday earnings call. Responding to an analyst question on how the company views Web3, CEO Sundar Pichai said there are several “areas of interest” for Alphabet: augmented reality, for one, …