[Press Release] Blockchain-based platform iCoin International is aiming to disrupt the diamond mining industry using decentralized technology fused with artificial intelligence announces the launch of its initial exchange offering for early backers.6th of August 2019, Sierra Leone: iCoin International is owned by Millennium Mining Corporation, and opts to leverage the power of blockchain and artificial intelligence to deliver efficiency, speed, and transparency to the precious gem industry....
Read More »Blockchain is the Catalyst for the Supply Chain and Logistics Industry
The logistics and supply chain industry has been topsy-turvy since the dawn of the new millennium. So many issues have made many logistics and supply chain systems to change from being simple down-to-earth and easy to use to becoming complex and most times incomprehensible.This has made many nightmares come true for organizations with losses ranging from thousands to millions of dollars. This has however changed over time with the introduction of solutions that have changed the outlook of the...
Read More »IBM Indicates Willingness to Work with Facebook on Libra
One of the greatest technology companies on the face of the earth IBM has indicated its willingness to work with social media giant Facebook on its cryptocurrency Libra. In a CNBC interview on Monday 23rd September 2019, the Blockchain services of the firm Jason Kelley indicated his organization’s willingness to work with just about anybody in the crypto space. He said:“Blockchain is a team sport… Our clients are ready to work with (Facebook) and we’re ready to work with all of them to bring...
Read More »Blockchain Startup Everledger Secures $20M Funding from Tencent, Fidelity, and Others
London-based blockchain startup Everledger recently announced of securing a massive $20 million in Series A funding led by Tencent Holdings Ltd. Other major participants to this funding round included Rakuten, Fidelity, Graphene Ventures, Bloomberg Beta and Vickers Venture Partners.Founded in 2015, Everledger uses the blockchain technology to develop an immutable ledger for asset ownership. In addition, Everledger also looks to tap other emerging technologies like AI and IoT to create robust...
Read More »Bitcoin Hashrate Nosedives 40% in Flash-Crash as Bitcoin Price Slumps
Bitcoin's network took an abrupt turn this month as a prior rally for bitcoin's hashrate took a swift dive down 40%. Bitcoin hashrate flash crashing down 40% | Source: Blockchain.comData from Blockchain.com shows bitcoin's hashrate flash crashing from a previous high of around 100 exahashes per second (EH/s), to a relatively lackluster 68 EH/s, in the space of 24 hours. Oscillating fluctuations of this nature are relatively common in bitcoin's hashrate - as depicted by the chart above....
Read More »Alibaba Group (BABA) Now Owns 33% of Jack Ma’s Ant Financial
After the close of a successful deal, a third of Jack Ma’s online financial services provider, Ant Financial, is now owned and controlled by Alibaba Group Holding Ltd (BABA). The deal is more than a few years in the making as it was first proposed that both giant companies initiate much stronger collaborative efforts more than five years ago. Both companies were started by Ma.Originally starting as Alipay, Ant Financial was founded back in 2004 and by 2013, it had overtaken PayPal as the...
Read More »Facebook Agreed to Acquire Brain Computing Startup CTRL-labs
Photo: CTRL-labsFacebook said on September 23 that it agreed to acquire New York-based CTRL-labs. The acquired startup is creating a wristband that will let people communicate with computers using brain signals. Thus, the new device will let people control digital devices using their minds.CNBC reported that the deal is estimated to be worth around $1 billion. However, a Facebook spokesperson said that it is lower than the reported $1 billion. Andrew Bosworth, the Facebook Vice President of...
Read More »Exclusive: Tezos co-Founder Opines on Tokenized Securities, Future of Crypto, and Why He’s Not a Fan of ICOs
Tezos is a notable open-source project in the blockchain space, which applies decentralization to its overall model, instead of merely touting decentralization, according to Alison Mangiero, president of The Tocqueville Group (TQ Tezos).As a reminder, Tezos had gone through a very successful ICO event during the summer of 2017, raising as much as $232 million. Back then, Tezos was the ICO which raised the highest amount of funds.Decentralization On The Whole“Tezos, as a project, doesn’t just...
Read More »Exclusive: Tezos co-Founder Opines on Tokenized Securities, Future of Crypto, and Why He’s Not a Fan of ICOs
Tezos’ fund-raising raised successfully a record-setting $232 million in 2017. It’s is an open-source project and among the best-known blockchains.Tezos describes itself as “a self-amending blockchain” capable of representing any other protocol. Only time will tell if this is the case, as the protocol has received so far just one upgrade since launching its mainnet.We recently had the chance to speak with Tezos co-Founder and CTO of Dynamic Ledger Solutions Arthur Breitman. Tokenized...
Read More »Amazon Set to Introduce New Alexa-Powered Earbuds
Global retail giant Amazon (AMZN) had indicated its plans to improve its audio range of devices with a few moves which will see it be at par with the product lines of major competitors. For start, the retail giant plans to introduce earbuds which will be powered by virtual voice assistant Alexa.Codenamed “Puget” the earbuds will have an inbuilt accelerometer for motion detection, pace speed and the approximate amount of calories burned during a run.Separately, Amazon is expected to also to...
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