Congress Requests SEC Clarify Crypto Security Laws to Support Innovation

Congress Requests SEC Clarify Crypto Security Laws to Support Innovation

The United States Congress has sent a letter to the Securities and Exchange Commission (SEC) requesting that the agency clarify crypto security guidelines, to support innovation and to lessen the increasingly tense mood in the crypto space caused by widespread crackdowns led by the SEC. Congress says they believe crypto is important for many sectors […]

One Man, One Bitcoin: An Odyssey Around the World

One Man, One Bitcoin: An Odyssey Around the World

A man named Rafael used a single bitcoin to travel around the entire world, visiting 18 countries from September 2017 through September 2018. During his travels, he met John McAfee and Vitalik Buterin, among numerous other less famous crypto movers and shakers, and conducted a total of 28 interviews. Rafael strictly stuck to using only […]

Ukraine Developing a National Cryptocurrency

Ukraine Developing a National Cryptocurrency

The National Bank of Ukraine (NBU), the country’s central bank is engaged in developing a national cryptocurrency. Reports indicate that this cryptocurrency will be centrally controlled by the NBU and at parity with Ukraine’s national fiat currency, the Hryvnia (UAH). It is possible the Ukrainian national cryptocurrency will be called the e-hryvnia. An advisor to […]

Luxembourg Aims to Provide Legal Certainty for Blockchain

Luxembourg Aims to Provide Legal Certainty for Blockchain

The government of Luxembourg is hoping to pass a bill through their legislature which will enable blockchain technology to be backed by an extra layer of legal security. Tiny landlocked Luxembourg has an important role in the EU as the seat of the European Court of Justice, the highest judicial authority in the European Community. […]

Swiss Company Goes for Gold with Precious Metals Backed Tiberius Coin

Swiss Company Goes for Gold with Precious Metals Backed Tiberius Coin

A Swiss-based asset management company is to launch a new digital asset, backed by the price of copper, aluminum, nickel, cobalt, tin, gold and platinum. The Zug based company, Bullion Vault Ltd, which also trades commodities, follows in the footsteps of struggling Venezuela’s Petro, which is backed by crude oil reserves, but hopes this project […]

BitcoinNews.com Daily Podcast, 28th September 2018

Daily Podcast: The New Free and Convenient Way to Listen to the Latest Bitcoin and Cryptocurrency News

Listen to the 28 September 2018 BitcoinNews.com Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1436405/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-28%2F4841453-44100-2-94882ec1e7a22.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss Tom Lee’s forecast for Ethereum to hit USD 1,900 by the end of 2019, and how Austria will be using the Ethereum blockchain for a federal bond auction. Hear about how the dairy […]

Dairy Farmers of America to Use Blockchain for Improved Supply Chain

Dairy Farmers of America to Use Blockchain for Improved Supply Chain

The Dairy Farmers of America (DFA), a cooperative of 8,500 dairy farms in the United States, is launching a pilot program for using blockchain technology to improve the dairy products supply chain. The DFA aims to increase supply chain transparency and freshness of dairy products by better connecting farmers to end customers. The DFA is […]

Austria to Use Ethereum Blockchain Notarization Service For Federal Bond Auction

The Dairy Farmers of America (DFA), a cooperative of 8,500 dairy farms in the United States, is launching a pilot program for using blockchain technology to improve the dairy products supply chain. The DFA aims to increase supply chain transparency and freshness of dairy products by better connecting farmers to end customers. The DFA is partnering with ripe.io for this pilot program, a company which combines blockchain technology and the internet of things (IoT) to form what they call 'The Blockchain of Food'. Apparently, the ripe.io platform is already fully developed to track food from farmers, to distributors, to customers, which is exactly what the DFA needs to ensure the freshest dairy products. The integration with IoT is particularly important for dairy products, since dairy products must be kept at a cool temperature during transport, and IoT integration with blockchain allows temperature data for the dairy products to be stored in an immutable ledger. The vice president of Sustainability and Member Services at the DFA, David Darr, says, "Consumers today want to know where their food comes from and blockchain technology, like ripe.io, gives consumers real-time data, which can really help increase trust and confidence about food production from start to finish. We know that there's a lot of application for blockchain technology within agriculture, and we ultimately want to help our dairy farmers be on the forefront. For now, our goal is to evaluate the technology and explore how it might benefit our supply chain." Blockchain technology is ideal for supply chains because it provides a transparent yet immutable and cryptographically secure ledger. A properly-built blockchain can't be hacked, so all the data stored in it can't be manipulated. This provides a secure and trustworthy record of the movement of dairy products from farm to store. Inefficiencies in the dairy supply chain can be easier recognized and eliminated with blockchain technology, which would ultimately make the dairy supply chain shorter and stronger. This will result in more profits for dairy companies once inefficiencies in the supply chain are eliminated, as well as fresher dairy products reaching customers, leading to a better experience for end users. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pixabay

Austria is deploying an Ethereum-based blockchain notarization service during a federal bond auction on 2 October 2018, after a series of successful tests. The bonds being auctioned include a 0.75% bond from 2018-2028 and a 0% bond from 2016-2023, totaling EUR 1.15 billion. This is the first time the Austrian government has officially used blockchain […]

Inflation Bug Causes Bitcoin Testnet Blockchain Split

Inflation Bug Causes Bitcoin Testnet Blockchain Split

On 18 September 2018, a critical double spend inflation exploit was patched with the release of Bitcoin Core 0.16.3. However, the developers warned that a Bitcoin blockchain split was possible, and to wait up to 200 confirmations (about 1.5 days) when accepting payments just in case a split occurred. The fork did not occur on the Bitcoin […]