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US Senate Candidate Unable to Accept $130K Bitcoin Donation

US Senate Candidate Unable to Accept $130K Bitcoin Donation

Republican US Senate candidate Austin Petersen, who is running in the 6 November 2018 election for a seat in Missouri, was forced to return a USD 130,000 Bitcoin donation due to campaign finance laws. This isn’t even the first time Petersen has been forced to return large Bitcoin donations during his campaign; he had to return two USD 250,000 donations earlier …


Crypto Could Break Internet: Is the Bank for International Settlements Mistaken?

Crypto Could Break Internet: Is the Bank for International Settlements Mistaken?

The Bank for International Settlements (BIS) has released a paper titled ‘Cryptocurrencies: looking beyond the hype’., in which it lists scaling concerns over widespread adoption of cryptocurrencies, including possibly bringing “the internet to a halt” due to the tremendous amount of data that would be transferred by millions of users downloading swollen blockchains. Essentially, BIS concludes that blockchains might work …


US Homeland Security Piloting Blockchain Tech to Secure Borders

US Homeland Security Piloting Blockchain Tech to Secure Borders

The US Department of Homeland Security Science and Technology Directorate has awarded Factom a USD 192,380 grant and will possibly award up to a total of USD 800,000 as part of the Silicon Valley Innovation Program (SVIP) to integrate critical infrastructure such as cameras and sensors with blockchain technology. This project began in 2016 when Factom was awarded an initial …


Kerala Using Blockchain to Drive Food Supply Chain in India’s Deep South

Kerala Using Blockchain to Drive Food Supply Chain in India's Deep South

The state of Kerala, in India’s extreme south, is adopting blockchain in order to update and streamline its food supply chain to customers. The blockchain is increasingly aiding food production and the flow of food from growth to table around the world, with new concepts appearing almost weekly. Raja Ramachandran, CEO for ripe.io, a company currently developing blockchain for the food …


Phillip Nunn Says Bitcoin Will Rally to $60K Before 2019

Phillip Nunn Says Bitcoin Will Rally to $60K Before 2019

CEO of the Blackmore Group and Wealthchain Group, Phillip Nunn, predicted in January 2018 when Bitcoin’s price was near USD 10,000 that Bitcoin would drop to USD 6,000 and then rally to USD 60,000 before the year was over. The first half of his prediction has already come true, with Bitcoin’s price sitting near USD 6,400 as of this writing …


Universities Getting Clever with New Blockchain Courses

Universities Getting Clever with New Blockchain Courses

Despite Bitcoin’s current downturn, universities are increasingly opening up educational projects for blockchain technology reports Econotimes, with the number of universities and educational facilities running blockchain and cryptocurrency courses growing as financial markets expand and absorb more blockchain-related products. There are now many opportunities for blockchain developers but clearly not enough skilled technicians to fill these gaps. Toptal, a marketplace for hiring …


Blockchain Jobs are Number One In US – Upworks Skills Index

Blockchain Jobs are Number One In US - Upworks Skills Index

The number one position on Upworks US skills index is now blockchain expertise, making these the most sought-after positions with current employers, writes Forbes. The Upworks index is a strong indicator of the rising need within the US professional’s employment market for employees with blockchain experience and also is a gauge which indicates that blockchain has arrived and it is clearly …


McKinsey: China, UAE, Estonia, US Leading Blockchain and AI Towards a Tech Utopia

McKinsey: China, UAE, Estonia, US Leading Blockchain Towards a Tech Utopia

McKinsey experts suggest that by 2020, the number of smart cities will reach 600 worldwide according to Bitcoinschannel. These cities are happening right now with China, UAE, Estonia and the US clear forerunners in the McKinsey analysts’ prediction of 600 metropolia in the next two years. Dubai, with its high-tech society of unmanned trains and Wifi benches, plans to become …


Japanese Village on Honchu Launches Own Cryptocurrency

The village of Nishiawakura in Japan is to launch its own cryptocurrency through a coin offering launched by the local government, making it the first of its kind in the Asian country. Nishiawakura is a village located in Aida District, Okayama Prefecture, which is located in the southern part of Japan’s Honshu island. The prefecture is largely known for its …


Walmart Patenting Blockchain Tech for Life-Saving Medical Wearables

Walmart Patenting Blockchain Tech for Life-Saving Medical Wearables

Walmart has filed a patent with the United States Patent and Trademark Office (USPTO) for blockchain technology that stores critical personal medical information in a wearable device that can be accessed by paramedics during an emergency. This technology could save lives if a patient is unresponsive since paramedics will be able to get all the information they need from the …


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