9 Aug
0
Isle of Man Blockchain proof of concept project
A few days ago the Man government revealed that it is working on a Isle of Man blockchain proof of concept project.
Announced on the Financial News, this plan started thanks to a collaboration with the blockchain startup Credits.
The Blockchain proof of concept aims at exploring the possibility of the distributed ledger to be used for Internet of Things (IoT) devices.
How the Isle of Man Blockchain proof of concept project works
Credits co-founder Nick Williamson explained that this idea was born to assign unique identities to devices for proving their authenticity.
These were his words:
“The idea behind [the experiment] is that IoT has a promise of assigning a unique, non forgeable identity to physical items and what the blockchain provides is the way of managing and maintaining an identity.”
It is not the first time we read news related to the Isle of Man and its blockchain projects, as it is one of the most active governments in exploring the distributed ledger technology.
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8 Aug
1
Australian Postal service will use blockchain
Australian Postal service will use blockchain applications to solve problems related to identity.
According to a recent report published by ZDNet, the Postal Service wants to create a private blockchain to be used for accreditation and e-voting.
The company revealed this project back in March, when CEO Ahmed Fahour explained use cases related to digital identity.
Also, a partner for the Australia Post Accelerator, Rick Wingfield, explained that the distributed ledger could help the government to verify identities.
These are Wingfield’s words during the Technology in Governance conference last week:
“If we’re going to successfully digitize the economy and the hard parts of the economy that haven’t been digitized yet … the hard things like health, education and government services, those things require trust. If we’re going to digitize some of those things, then we need to know someone is who they say they are.”
Australian Government supports the Blockchain
This project came after the news that Australian government wants to support the blockchain.
The government, in fact, published a statement earlier this year where explains its intention to simplify laws for Fintech companies and to end the double taxation for bitcoin transactions.
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4 Aug
0
Microsoft BaaS to help Blockchain developers
Microsoft BaaS is available for all users of the Azure testing environment. Microsoft, in fact, started to test the blockchain back in 2014 and now it is developing its Blockchain-as-a-Service (BaaS).
Created to allow developers to easily create environments thanks to Azure, DevTest Labs wants to allow companies to limit expenses made for developing their own applications.
Also, the project provides editable templates, so developers don’t have to design new environments; BaaS will also provide artifacts with the objective of telling apps what actions to take after developed.
The project supports more than 20 blockchains, including MultiChain, Eris, Storj and Augur; and it aims at improving developers work for creating and testing distributed ledger with less money.
Microsoft’s Marley Gray commented:
“With the Azure DevTest Labs integration, Microsoft has made it even easier for developers to get blockchain lab environments up-and-running.”
Also, by using the Azure DevTest Labs, developers can doing experiments with private, permissioned, public or consortium blockchains, as Microsoft wants to include every single blockchain to its platform.
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2 Aug
0
UNICEF Blockchain to improve child welfare
UNICEF is looking for a software developer and consultant to develop and lead its blockchain project.
The United Nations Children’s Fund, in fact, revelaed how the organization wants to use the distributed ledger to improve child welfare worldwide.
Unicef Blockchain
To do so, UNICEF published a sheet where the fund explains that it is looking for new experts to improve its “research, consulting and prototyping applications for humanitarian purposes”.
UNICEF also has projects focused on identity and remittances.
Dana Zucker commented to Coindesk:
“We want to grow our knowledge and thinking, so we want to bring someone on who can help lead the charge on thinking, researching and creating use cases for how blockchain will play a role in UNICEF’s work.”
The role will help developing blockchain applications, including a commitment to funding startups.
The profile will work in New York with a 11 months contract and he/she will support the blockchain, together with MagicBox, the Innovation Fund Site and IOGT &uReport.
How to apply to the UNICEF Blockchain project
Interested and suitable candidates are requested to send their applications with Subject “Software Developer, Consultant” to [email protected] on or before 10 August 2016.
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1 Aug
0
Universities can have their own Bitcoin Nodes thanks to BSafe
Several researchers want to encourage universities to set up bitcoin nodes to allow students and teachers to work and test the blockchain.
This private testbed network is called BSafe and it aims at helping the Bitcoin technology proliferate and preventing hacker attacks.
“Most developers in this world think that bitcoin’s fundamental cryptographic algorithm is ideal and can be used as a black box,” explained to Coindesk Shin’ichiro Matsuo, co-founder of the BSafe network.
How universities can have their own Bitcoin Nodes thanks to BSafe
BSave will provide a communication channel between universities and Bitcoin Core developers on the several testnets, or the alternative blockchains used for doing tests.
Created in February, the network has five nodes deployed in Japan, UK and another set up by MIT.
Matsuo wants to have a group of 30 university nodes within the end of 2016; also he aims at setting up three university nodes per country in the next future.
“Right now the community is a meritocracy and the majority of it is based on whether you can code,” said Bitcoin Core developer Cory Fields.
According to Fields, several groups of nodes would be able to measure things that have been difficult to study before.
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28 Jul
0
South Korean Bank to work on the Blockchain
One of the most important banks in South Korea revealed today an agreement with the most funded Asiatic startup of the bitcoin sector.
KB Kookmin, in fact, announced today that will sign a memorandum of understanding with the Bitcoin startups Circle and Coinplug.
Based in South Korea, Coinplug is also working with the same Korean bank to develop a blockchain prototype that aims at improving international remittance to simplify foreign exchanges.
KB Kookmin: South Korean bank to work on the Blockchain
According to Business Korea, KB Koomkin wants to promote businesses related to the blockchain field.
To do so, KB Koomking recently signed another agreement to work on distributed ledger applications for mobile device certification.
Talking about Circle, recently this startup revelaed a $60m fundraise received from several Chinese investors. This way it became one of the best funded startup in the Asian cryptocurrency market.
“We are excited to work with the top tech companies in London, a hub of the FinTech industry. KB Kookmin Bank will strive to provide our customers with new experience by adopting cutting-edge technologies,” explained a KB Kookmin representative.
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More details will be revelead soon, so stay tuned on the HolyTransaction blog.
In the meantime, you should open your new multicurrency wallet.
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27 Jul
0
Ethereum Hard Fork to prevent another DAO collapse
Today Ethereum founder Vitalik Buterin released a new statement explaining that Ethereum Foundation will support the Ethereum hard fork, or the blockchain version that includes the hard fork.
The project’s goal is to allow investors to recover funds lost in the DAO collapse.
The DAO was the Ethereum Foundation’s most important project, holding at one time $160m in investor capital in Ethereum cryptocurrency.
The original Buterin statements was not so clear about how the Ethereum Foundation will support the primary Ethereum blockchain and the Classic one.
A new Ethereum Hard Fork to prevent attacks
But the foundation decided for the Ethereum hard fork, executed roughly one week ago, while indicating it would not seek to hinder progress on any alternative ethereum projects, such as Ethereum Classic.
“We recognize that the ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spin-offs, and have never been opposed to such instantiations,” wrote Buterin in the announcement.
Also, Buterin encouraged the Ethereum Classic team to execute another hard fork to prevent other attacks by moving classic ethers to new accounts.
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26 Jul
0
The best Blockchain Projects: 120 startups selected by Moody
A few days ago Moody’s Investors Service (MIS) published a new report that lists 120 blockchain projects created by several firms.
Also, MIS quotes 25 top use cases for blockchain technology.
The report, called “Credit Strategy, Blockchain Technology: Robust, Cost-effective Applications Key to Unlocking Blockchain’s Potential Credit Benefits,” explains how the distributed ledger can improve many different areas and businesses.
Best Blockchain Projects
Many institutions did a similar blockchain-related study, with the conclusion that the blockchain would be applied in capital markets.
But this Moody’s report also includes 120 blockchain startups and 25 use cases with a variety of implementations; and each one has been described in several paragraphs with definition and a list of companies that work on them.
23 Jul
0
Reserve Bank of India to study blockchain applications
Reserve Bank of India (RBI) proposed to local banks to study blockchain applications.
In fact, a bank deputy governor encouraged other Indian banks to collaborate within a research group previously created by the central bank on blockchain projects.
During a recent event held by the Institute for Development and Research in Banking Technology (IDRBT) on 19th July, Rama Gandhi explained how banks should develop applications for the blockchain and cryptocurrencies.
These were his words:
“Cloud-based computing, blockchain processing technologies and virtualization of IT systems are a few examples which hold potential for being used in a big way … Banks and IDRBT can work together to study these, test them out and adapt for best use.”
Bank of India wants its own digital currency
The Reserve Bank of India has been investigating distributed ledger applications of the technology since 2014, according to reports.
Back then Central bank governor Raghuram Rajan said that the bank could release its own cryptocurrency but no more details are available about this project.
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17 Jul
0
Samsung will invest in the Blockchain
The well-known South Korean giant Samsung will invest in the Blockchain, as revealed a few days ago by a IT affiliate of the company.
Samsung will invest in the Blockchain startup Blocko
Samsung, in fact, will invest in a blockchain-related startups called Blocko and Darktrace.
More details will be revealed soon, as well as the investment amount that is not already known.
Blocko use a blockchain-as-a-service platform called CoinStack, according to their website:
“Samsung SDS will increase competitiveness of its cybersecurity business and services by promoting sales of the differentiated cyber threat defense solution by Darktrace to Korean companies, as well as work with Blocko to support commercialization of emerging blockchain technology in various sectors including IoT.”
Stay tuned on the HolyTransaction blog to read more details about this investment.
In the meantime, you should create your own HolyTransaction wallet.
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