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On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years.The most unique quality of a blockchain is that once a piece of information is added
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In March 2018, shortly after bitcoin’s bull run to $20,000, a publicly-traded Chinese company invested 500 million yuan, worth $80 million at the time, to buy 100,000 bitcoin mining units. As the bear market kicked in during the months that followed, so, too, did a contract dispute, offering a rare window
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A majority of those companies using Internet of Things technology has adopted, or is considering adopting, blockchain. Source
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One of Microsoft’s customers, Icertis, a cloud-based platform for contract management, tried out Blockchain Data Manager “in preview,” prior to the release at Ignite, and built use cases involving ethical supply chain contracts and the way certain subsidized pharmaceutical drugs are used. Icertis used Quorum for the Data Manager builds,
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Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims. Source
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Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology.On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies.A total of 12,000
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German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm.According to a Northern Bitcoin press release published on Nov. 18, Whinstone is already building the aforementioned facility which is expected to
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U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars. Source
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John McAfee said that it is not the responsibility of cryptocurrency firms to help prevent crypto use in crime. McAfee delivered his remarks in an interview with Washington D.C.-based news agency The Hill on Nov. 11.McAfee argued that authorities should not require cryptocurrency companies and trading platforms to help
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The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. 6, in which the regulator also noted that the number of suspensions is only slightly
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