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Federal agencies have turned to blockchain for its transparency, efficiency, security and flexibility.According to FedTech magazine, several federal agencies like the U.S. Food and Drug Administration, or FDA, and the Department of Treasury began using blockchain.Officials in the US Food and Drug Administration needed an effective way to help them track
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Are you interested in exploring the technology that is shaping up the business industry? It is a smart contract. A digital way of signing mutual consent between the involved parties. In simpler terms, smart contracts facilitate validating a treaty between the parties that are involved in the business.Hyperledger explorer smart
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Most people nowadays know about cryptocurrency and blockchain.But for those who don’t know much about it, cryptocurrencies are a type of digital currency used as a form of the digital interchange, and it is built on blockchain technology.Over the past couple of years, cryptocurrencies have become extremely popular among everyone
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During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash
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During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet software. On June 29,
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One of the recent technology trends which are spreading its wings is the security token offerings. This particular platform is meant for fund raising effortlessly. It is developed in such a way that it can also come up in the place of IPO in no time. The term used in
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Institutional-grade Bitcoin (BTC) trading platform Bakkt could soon see its app hitting the market. Bakkt President, Adam White, on May 18, 2020, stated that highly-anticipated app is open for sign-ups for exclusive updates and early access. Bakkt Bitcoin App Coming Soon Bakkt, the high-profile Bitcoin trading platform geared toward institutional investors
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The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times. “As in the case of the services sector, the use of blockchain technology is in an early phase of adoption in health and social care,
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The U.S. House of Representatives Committee on Small Business is set to discuss the benefits blockchain technology can bring to entrepreneurs.Slated for March 4 at 16:30 UTC, the "Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses" hearing will explore the ways in which some startups are
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Blockchain and cryptocurrencies are affecting the way both large corporations and small businesses operate, and governments are taking notice. Next week, a committee in the U.S. House of Representatives will hold a hearing focusing on blockchain’s impact on small businesses.The Committee on Small Business will hold a hearing titled
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