A new partnership should make the world’s first public decentralized public blockchain database far easier to access. Database provider TiesDB, has formed a strategic partnership with artificial intelligence (AI) and decentralized applications (DApps) company IAGON.
The Head of the Chechen Republic and a former member of the Chechen independence movement, Ramzan Kadyrov, has announced on Twitter his intention to buy a share of Bitcoin. He has not mentioned the amount of investment but he did admit that the money could be lost.
The Russian Quantum Center has created and tested the world's first "quantum-secured Blockchain". Researchers claim that they have managed to develop an unbreakable distributed data storage system protected by quantum cryptography methods.
The European Union is planning a database that will assign every cryptocurrency wallet to its holder’s identity. After recently being hit hard by Terrorist activities, the EU believes a lot of the funding for terrorism is done anonymously through bitcoin.
Andhra Pradesh, an Indian state located on the Southeastern coast of the country, has been reported as the first in Asia where the state government has introduced Blockchain technology to protect a database from cyber-attacks.
A subsidiary company of Russia's largest bank has recently launched a pilot version of a new unified Blockchain-based database of insurance histories that will help to combat fraud in the insurance industry.
Does the use of Blockchains grant the ability to heighten security, improve customer engagement and provide automated insurance services? If so, then the benefits seem incontrovertible.