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MANY of us have heard of bitcoin. And many must be wondering if it’s the new currency of the future and that it makes a good investment bet, especially in times when other more “normal” currencies are volatile and our own ringgit seems to be depreciating. But then is bitcoin really legal? In many countries, Malaysia included, bitcoins are not accepted as a fiat currency.
Accenture is challenging a defining feature of blockchain, its immutability, by patenting a system that will allow data processed and stored using the technology to be edited.
NEW YORK: Facebook’s blockchain unit now counts 50 employees. A significant number of those employees-about one in five-used to work at a single company: PayPal Holdings Inc.
A consortium aimed at developing ways blockchain can be used to improve processes in the insurance sector has added 10 new members as it prepares to test the emerging technology in a data-sharing experiment.
KUALA LUMPUR: HSBC Bank is banking on blockchain transactions for trade as the next potential growth area, in line with the group’s heavy investment to embrace technology.
Rwanda's mining boss announced on Oct 16 the world's first blockchain project to track tantalum from the pit-face to the refinery, part of a push to woo investors seeking a conflict-free source of minerals.
A coalition of blockchain enthusiasts and financial technology firms have come together, signing an MOU to drive up literacy in blockchain technology in order to draw more startups in the space to Malaysia.
Attempts to silence a student who drew attention to sexual abuse allegations at a Chinese university have inspired tech-savvy activists to use blockchain technology to dodge censors and keep the fledgling #MeToo movement alive.
Microsoft Corp is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises.
JPMorgan Chase & Co, Microsoft Corp, Intel Corp and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum.