It would appear that many people see merit in blockchain technology to fight the coronavirus crisis on a global scale. Algorand is the latest project to throw its hat into the ring, as its new blockchain app launched earlier this week. Algorand is a relatively established project in the blockchain space. Algorand Wants to Help Coronavirus Victims Albeit it never generates many headlines, the latest effort is worth paying attention to. The Singaporean company is launching a new application called IReport-Covid. As the name suggests, it is designed to help those in need during the coronavirus crisis. Its main order
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Among all Layer 1 blockchain projects, Ethereum is still king, regardless of its scalability limitations. In order to make their smart contract platform future-proof, Ethereum 2.0 will be rolled out in the upcoming year, but this project is already riddled with problems. Besides having to run a separate blockchain than “legacy” Ethereum, Ethereum 2.0 will not have the ability for atomic transactions and data retrieval will become more expensive. Ethereum 2.0 is still a work in progress. While their beacon chain and Proof of Stake capabilities will go live once Phase 0 is rolled out, smart contract execution will not 
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch […]