Blockchain

Avatar by Dec 9, 2017

Midterm Core Blocksize Increases are a Possibility

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 […]

Avatar by Dec 7, 2017

Developing Nations Should Consult Blockchain for Corruption Free Transactions

The Benefits associated with the Blockchain are vast, and one of it is the reduction of corruption in the developing countries. It is a fact that Blockchain cannot completely eradicate corruption and poverty of all kinds in the developing nations; however, it can reduce them by a proportion fair enough to receive applause. Its implementation […]

Avatar by Nov 23, 2017

Why Does Grocery Retail Need Blockchain?

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 […]

Avatar by Nov 22, 2017

Why Ethereum is the Blockchain that Could Change the Music Industry

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 […]

Avatar by Nov 17, 2017

Is Russia the New Frontier for Crypto Mining?

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 […]

Avatar by Nov 17, 2017

Ponzi Scheme or Scare Tactic?

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 […]