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Will RIFT Protocol and Other Layer Two Solutions Make Blockchain Operational in 2020?

The grip of cryptocurrencies and their underlying blockchain infrastructure is slowly but surely gaining a foothold in our world. Businesses are increasingly turning to decentralized solutions for improving the efficiency of their operations and cutting costs. But the solutions available now are no longer coping with the requirements that modern

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Measure Protocol Backed with £2m in New Funding for Blockchain-Powered Person-Based Data Marketplace

Blockchain-fueled data marketplace Measure Protocol has received £2 million in additional funding led by Dynata and Blockchain Valley Ventures (BVV), with Medicys Limited also joining the round. Owen Hanks, CEO of Measure Protocol said: “The new investment is a clear illustration that the industry is starting to pay attention to consumers’ needs, both from a practical

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Kyber Network Aims to Improve DeFi Liquidity With ‘Katalyst’ Protocol Upgrade

Kyber Network, the ethereum-based protocol focused on aggregating liquidity and facilitating swaps for ERC-20 tokens, is about to launch a major upgrade.Planned to go live in Q2 2020, the Katalyst upgrade is a major upgrade to the Kyber protocol to better meet the liquidity needs of the decentralized finance (DeFi)

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Credits Blockchain Announces Mainnet Swap. Time to Replace Ethereum Protocol

The token issuance market is currently dominated by ERC-20 standard tokens issued on the basis of the Ethereum protocol. Credits is a new infrastructure provider acting as a public blockchain platform for tokenization. After 2 years of hard work for development of the company’s product infrastructure, Credits is ready to

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Algorand Updates Protocol Enabling Block Creation Time of 4 Seconds

The Algorand Foundation has released an upgrade to its protocol to include more tools for decentralized applications (Dapps) and develop scalable blockchain-native solutions for real-world use cases.The company announced the development in a Nov. 21 press release, detailing that it added new capabilities directly into Layer-1, thus improving speed,

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Crypto Leaders Propose Open Compliance Protocol For Financial Action Task Force

Today during a panel at BlockShow Asia 2019, a group of cryptocurrency industry leaders announced the creation of a protocol that aims to maintain privacy while complying with Financial Action Task Force (FATF) regulation. The FATF’s so-called “travel rule” requires virtual asset service providers (VASPs) like cryptocurrency exchanges to collect

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CasperLabs Shows First ‘Provably Safe’ Ethereum PoS Protocol ‘Highway’

Ethereum development firm CasperLabs announced “Highway,” allegedly the first correct-by-construction Casper Proof of Stake (PoS) implementation that is provably live and safe.Provably safe and liveAccording to a press release shared with CryptoX on Nov. 1, a protocol is safe if it is consistent in its decision and live if

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