Blockchain

Blockchain technology is a critical infrastructure for the existence of cryptocurrency and arguably one of the reasons why cryptocurrencies exist. The two are different, but they are essentially part of the same system. Blockchain technology, therefore, affects traders directly but there are other ways that cryptocurrency traders benefit from the technology. It not only supports
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Grayscale Management has announced its intention to integrate the Stellar Lumens Trust tool, created using the Stellar blockchain (XLM), at the site. Stellar is a special kind of blockchain that was made purposefully to improve the fintech industry. Experts consider this company the only real competitor to Ripple in the digital asset market, since the
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A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a
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On October 30th, Ernst & Young (EY) announced a world-first for distributed ledgers. Called the Ernst & Young Ops Chain Public Edition, the company created a new blockchain prototype that combines the security of the public ledger model with the privacy of the private ledger model—thus a private blockchain. It does this by using zero-knowledge proof
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US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday. State Farm Testing Blockchain Technology According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts
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