Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year.
Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
The long awaited EIP-1559 would have seen almost 1 million ETH burnt in the last 365 days if it had been implemented, but miners are yet to get on board.2819
Two massive companies have teamed to create a blockchain platform to manage the agriculture sector and its first test was in Brazil2420
Is Ethereum’s recent bullish online sentiment good or bad? Short-term holders are now in the black, is a ‘sell zone’ approaching?8246
The G7's recent rejection of Libra doesn’t seem to have slowed them down.6668
Two leading global container carriers have joined the TradeLens platform to digitize their supply chain.5506
Russian Premier League soccer champion Zenit St. Petersburg is the latest high-profile club to enter the blockchain gaming world.2211
Algorand taps Europe as the second region for its blockchain accelerator program after Asia.6855
Crypto.com’s five million user milestone has been overshadowed by 70% reduction in staking rewards for its native CRO token.5115
A billion ZIL have been staked in a few hours as Zilliqa embraces staking rewards, governance tokens, and a new DEX .5081
Blockchain-based apps used to store COVID-19 data may not be as private as they seem.6517
WEF study says the ongoing efforts from blockchain organizations are not enough to set global blockchain standards.5192
The Reserve Bank of Australia is continuing to explore how to design and operate a CBDC.2749
DeFi Pulse and Gauntlet have released a new tool to improve users’ risk awareness of major DeFi projects.4425
Uniswap’s first community governance proposal is up for a vote.7003