Wednesday, November 20, 2024
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Blockchain technology now powers a privacy-focused security camera

IoTeX, a privacy-focused platform for the Internet of Things, has partnered with camera manufacturer Tenvis Technology to offer Ucam, an indoor security camera powered by blockchain technology.Head of business development at IoTeX Larry Pang told Cryptox that Ucam users can access their camera data through a decentralized system and log in

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Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news

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What Powers China’s Crypto Mining Industry, and Is It Sustainable?

The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China is at the forefront of the industry, but as environmental concerns loom, the sustainability of their success is coming into question.Mining chip manufacturers, the most prolific of which are

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