Cryptocurrency & Blockchain breaking news

India’s second most populous state and third-largest state by area, Maharashtra, is considering adopting blockchain tech in many fields including vehicle registration, document management systems, agriculture marketing and supply chains. The state’s administration is working on a regulatory sandbox for experimenting blockchain and distributed ledger tech (DLT) solutions across different significant applications. It really wants to enhance the efficiency, speed and efficacy of their operations.

Popular technology entrepreneur Elon Reeve Musk has rerolled out Tesla’s residential solar-power service, a new step for electricity users. Tesla is now planning to initiate its solar-panel business by allowing clients rent their rooftop systems instead of purchasing them.

The beginning of a new week started with a slight uptrend with all of the top 30 cryptocurrencies trading in green. During the weekend, Bitcoin spent more of its time consolidating above the $10,000 mark.

The developers of Ethereum have announced a new hard fork, called Istanbul. Unlike most previous hard forks, Istanbul will be completed in 2 stages and will have 6 diverse codebase upgrades.

Malta plans to use a Blockchain-based approach to register rental agreements, according to Prime Minister Joseph Muscat. As the government is trying to bring new rent reform, an announcement has been made that the reforms are going to be completed soon, where all rental agreements will be properly registered on an effective Blockchain network. Malta has for long been considered as a blockchain hub in Europe and the world at large.

It is believed that its innovation that has changed the world so far, and that is why new technological products continue to emerge onto the market with each day that passes. Now, the University of Waterloo, Canada, has successfully conducted an integration of distributed ledger tech (DLT) into energy systems, an initiative which may lead to the extended charging setup for electric vehicles (EVs).

The Department of Information Technologies of Moscow (DIT) recently revealed an auction to develop an Ethereum-based distributed ledger tech (DLT) system which can offer administrative electronic services to over 50.2 million residents living in the federal city of Russia, Open Media reports.

Walmart Inc., the American based and world’s biggest firm by revenue, at around $514.405 billion this year, filed a patent focusing on blockchain-backed drones. The company is highly interested and able to participate in innovative technologies including cryptocurrency and distributed ledger tech (DLT).

The world’s largest information technology firm, Samsung Electronics, headquartered in Seoul, South Korea, has successfully added Bitcoin support to its new upcoming distributed ledger tech (DLT) Keystore Software Development Kit (SDK), and the company has disclosed that its digital currency wallet is compatible with its latest Galaxy Note 10 smartphone handset. Samsung is one of the most active companies adopting cryptocurrency and blockchain solutions in 2018-2019.