Blockchain news: Blockchain Technology is the most disruptive technology since the Internet. It is the technology that everybody is talking about, but few know how and why it works. It has the power to change the world, to the extent that big entrepreneurs and blockchain experts are predicting that blockchain will be a main layer of society like the Internet currently is. Blockchain can remove third parties, increase security, make data permanent, improve consensus of peer-to-peer and many more. Blockchain technology can decentralize systems, decrease corruption and many big corporate names, as well as many governments are actively investing in the development of blockchain technology. The fight for blockchain patents is fierce and with the rate of Blockchain’s development, it will come a time soon, when not using Blockchain technology will not be practical.
In response to Bitmain Co-Founder, Jihan Wu’s statement that there was a need for size increases in order to reduce inevitable blockchain congestion; Adam Back, (HashCash Inventor and Blockstream CEO), explained that Bitcoin could increase block sizes midterm, (but only after thorough testing). Open to the Idea of On-Chain Scaling After what appeared to be […]
Expert opinion by Peter Fedchenkov, INS Ecosystem Co-founder and CEO. The global consumable goods market is growing quickly, but is also facing serious efficiency problems. Proper development in grocery retail is hindered by an excessively complex goods delivery system, the large number of middlemen, excess production, and the unreliability of existing solutions. We are […]
Since torrenting gained popularity in the late 1990s into the 2000s, musicians and others in the entertainment industry have been up in arms. Instead of buying music from music stores, customers were sharing copies of whole albums, feature length movies and other media. Instead of paying the artists and production companies for the rights to […]
Crypto mining has become a top priority for businesses and governments throughout the world, Russia is no exception. According to the Russian Association of Blockchain and Cryptocurrency, (RACIB), the best region for mining is a transit hub and major transport and distribution center with cheap electricity called the Krasnoyarsk Territory. There are currently no crypto-mining […]
We all knew that there would be Bitcoin critics throughout traditional financial sectors. In fact, there have always been critics. However, Bitcoin is gaining so much momentum and market value that the haters are coming out of the woodwork; and in the immortal words of Biggie Smalls, “More money, more problems.” David Gledhill is the […]
The virtual currency has arrived at a new record high crossing the $8000 barrier. Just some weeks ago the cryptocurrency passed $7000 dollars surprising everyone in the community. The Cryptocurrency has spiked up to $8022 in Poloniex Exchange just some hours ago.