Blockchain is highly regarded for its security and decentralized nature. However, the design of its security system creates a restriction that prevents it from interacting with external data sources, making it difficult to incorporate information from outside the blockchain. This limitation restricts the application of blockchain technology in developing solutions ...
Central banks worldwide are increasingly embracing the concept of central bank digital currencies (CBDCs), according to a survey report published by the Bank for International Settlements (BIS) on July 10, 2023. The report revealed that 93% of central banks are already engaged in CBDC research, marking a significant shift in ...
Industry leaders in Ethereum are congregating at Blockswap’s MultichainERC20 event at ETHCC to discuss the most pressing topics in Ethereum. New protocols will be introduced at the event which further decentralizes Ethereum by empowering the user. The two main sessions are open for all to attend but require a free ...
Avail has achieved a significant milestone in its plans to reduce transaction costs for Layer-2 and Layer-3 solutions on the Ethereum network with the launch of its testnet data attestation bridge. The company announced this new development on Friday, July 7, 2023. The testnet bridge addresses the challenge of "data ...
Goracle, an Algorand-based next-generation blockchain oracle startup, has been selected to join the Cointelegraph Accelerator program. This feat would enable Goracle harness Cointelegraph's industry and media expertise and build brand recognition to attract a larger customer base. Goracle's selection for this program stems from its immense promise as an innovative ...
If you're reading this, chances are you're familiar with, own, invest in, or actively trade cryptocurrencies. Now, if you fall into any of the last three categories and are asked to participate in a survey asking about the real-life uses and economic classification of the tokens you're holding, how well ...
The European Investment Bank (EIB) has announced the launch of a blockchain-based digital bond supported by node infrastructure and incorporating environmental incentives. This groundbreaking bond, known as the "Climate Awareness Bond," is denominated in Swedish krona and is now available for institutional investors to acquire. With a value of 1 ...
Introduction The use cases for cryptocurrency and blockchain technology are continually expanding across various domains, including areas related with faith or religion. Though unlikely at first glance, the intersection of cryptocurrency and blockchain with Islamic finance is gaining significant traction. Islamic finance, a sector valued at $4.2 trillion and projected ...
During a Bloomberg interview on June 13, 2023, Michael Saylor, co-founder of MicroStrategy, shared his belief that recent enforcement actions by the U.S. Securities and Exchange Commission (SEC) will ultimately benefit Bitcoin. Saylor suggested that increased regulatory scrutiny of cryptocurrency companies in the United States could lead to the emergence ...
Ethereum co-founder Vitalik Buterin has raised concerns about the potential overload of Ethereum's social consensus in a recent blog post titled "Don't Overload Ethereum's Consensus." Published on May 21, 2023, Buterin discussed the significance of this issue and outlined remedies and techniques to address it. Buterin stressed the critical nature ...
