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Category: DIstributed Ledger
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Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology
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Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme
The United States Postal Service (USPS) is falling apart at the seams and many Americans are blaming the Trump administration. The USPS may have to deal with the U.S. election ballot process, as mail-in votes may be the dominant practice thanks to the coronavirus. Amid the American public’s concerned reaction about the internal problems at […]
The post Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme appeared first on Bitcoin News.
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Deloitte Survey Shows Blockchain Remains in its Hype Bubble
Blockchain technology has been touted as the technology of the future. Several years into this optimistic outlook, real-world adoption of distributed ledgers remains at a low. That doesn’t necessarily mean that blockchains aren’t going to be used on a broader scale, though. Blockchain Remains of Great Interest If a survey by Deloitte is to be believed, companies around the globe want to speed up integration of distributed ledger technology. Although the survey only involves companies questioned by Deloitte, the overall sentiment seems rather intriguing. It indicates how more than one in three companies are already building new infrastructure involving distributed
The post Deloitte Survey Shows Blockchain Remains in its Hype Bubble appeared first on The Merkle News.
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How does a blockchain-type Distributed Ledger system work?
In order to explain the operation of blockchain-type Distributed Ledgers, it can be useful to refresh the mind on how traditional Ledgers operate, ie the “old” “Ledgers “. How old ledgers work Companies, but above all banks and public administrations have used Ledgers to manage the accounting and archiving of data and accounting transactions. The Public Administrations, in turn, based on the Ledgers the registrations and transfers of properties for land, buildings and real estate assets . With every change, for example in the ownership of a property and every time a transaction took place, a change was made to
The post How does a blockchain-type Distributed Ledger system work? appeared first on The Merkle News.
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7 of the World’s Largest Blockchain-as-a-Service Enterprises
You’ve heard of Software as a Service (Saas), the means by which businesses subscribe to and access cloud-based software. Blockchain-as-a-service (BaaS) is its distributed ledger equivalent. It describes the process by which a third party installs, hosts and maintains blockchain networks on behalf of other organizations. Today, BaaS is utilized in industries such as fintech, […]
The post 7 of the World’s Largest Blockchain-as-a-Service Enterprises appeared first on Bitcoin News.
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What Article 13 Means for the Cryptocurrency Industry
First they came for our privacy. Then our data. Finally they took our memes. If the more hyperbolic headlines are to be believed, the EU’s ratification of the controversial Article 13 copyright law will have repercussions for purveyors of highly shareable online content. The reality is less draconian. Nevertheless, Article 13, coupled with last year’s […]
The post What Article 13 Means for the Cryptocurrency Industry appeared first on Bitcoin News.
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Nakamoto Game Brings Transparent Blockchain Lottery to Bitcoin Cash
There’s a new bitcoin cash lottery that uses the BCH blockchain as an oracle to provide true provable fairness in the game. Participants toss BCH into a pot and if the last few digits of the user’s transaction ID matches the target block’s hash they win the jackpot. Also read: UN Panel: North Korea Hacked […]
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Private Blockchains Have Few Applications, Study Finds
Despite all efforts, so far businesses haven’t been able to come up with significant applications for private, centralized blockchains as opposed to public distributed ledgers, a new study shows. According to the authors, in most cases corporate blockchain networks are used mainly for database verification and transactions auditing. Also read: Poll Shows 13% of Russians […]
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California Passes Bill Defining Blockchain and Crypto Terms
A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […]
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