Technology

The development of the Blockchain technology has begun the new era of cryptocurrency. The blockchain technology, which was created in 2008 to serve Bitcoin when it launched a year later, is now used in various fields of our daily life as a Distributed Ledger Technology (DLT).

What is the technology behind cryptocurrencies? How Blockchain is different from Distributed Ledger Technology? Which cryptocurrency technology is the best?

Find out more on cryprocurrency and blockchain technologies on Coinidol.com

Amazon Acquires Patent for DLT-Based Product Tracking System
Jun 01, 2020 at 12:41
News
Amazon Acquires Patent for DLT-Based Product Tracking System
The distributed ledger technology (DLT) product authentication system patent filed by the United States e-commerce company Amazon has been approved by the US Patent and Trademark Office (USPTO). Their new platform aims to provide ‘digital trust’ to the product supply chain (SC).
Russia’s Largest State-owned Bank Introduces 5,000 Blockchain-based ATMs
May 27, 2020 at 12:36
News
Russia’s Largest State-owned Bank Introduces 5,000 Blockchain-based ATMs
Sberbank, Russia’s largest state-owned bank, expands and installs blockchain-based ATMs to expand contactless transactions. Thanks to the distributed ledger tech (DLT), the ATMs will provide effective, safe, secure and fast touchless transactions and also offer a significant security and performance level.
National People’s Congress: China to Establish a Blockchain Development Fund
May 26, 2020 at 14:38
News
National People’s Congress: China to Establish a Blockchain Development Fund
At this year’s annual gathering, the Chinese legislative body proposed the establishment of a fund to support the development of blockchain technology led by the government.
Thai Energy Ministry Сonsidering the Use of Blockchain in Palm Oil Trade
May 26, 2020 at 08:52
News
Thai Energy Ministry Сonsidering the Use of Blockchain in Palm Oil Trade
Thailand has been very supportive of the development and application of blockchain technology in recent years. Its Energy Ministry is now launching fresh research to ascertain the use of blockchain technology in its palm oil sector.
US Congressman Proposes National Blockchain Strategy to Outcompete China
May 24, 2020 at 10:23
News
US Congressman Proposes National Blockchain Strategy to Outcompete China
A bill for Blockchain National Strategy was proposed in the United States Congress that would come up with a national blockchain and distributed ledger technology (DLT) strategy.
Japanese E-Book Platform Puts $2.8 Mln into the Development of Blockchain
May 19, 2020 at 10:01
News
Japanese E-Book Platform Puts $2.8 Mln into the Development of Blockchain
As the demand for e-books is increasing because of Coronavirus pandemic, a Japanese ebook leader Media Do Holdings is looking for effective ways to improve services via blockchain and distributed ledger technology (DLT).
COVID-19 Could Be Easily Defeated Through Blockchain Technology
May 19, 2020 at 08:31
News
COVID-19 Could Be Easily Defeated Through Blockchain Technology
Recent research by a group of scientists has stated that blockchain technology could be used to enhance collaborative exploration and development in response to global pandemics such as COVID-19 through well-timed research collaborations, decentralization, and anonymity of essential information among governments.
China’s Blockchain Development Ambition Goes Beyond Its Borders
May 17, 2020 at 14:40
News
China’s Blockchain Development Ambition Goes Beyond Its Borders
The People’s Bank of China (PBoC), with three other state financial regulators, has proposed a plan to set up a finance trade platform exclusively powered by blockchain technology for the Guangdong-Hong Kong-Macao Greater Bay Area.
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
May 15, 2020 at 14:27
News
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
The market for identity authentication management using blockchain and distributed ledger technology (DLT) is likely to grow to around $11.46 bln by the year 2026 – just six years from today.
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