In September 2017, a house was sold on the blockchain technology for the first time. The property is a flat with a price of $60,000 in Kiev, Ukraine, reported New Scientist. The transaction was facilitated entirely through Ethereum using cryptocurrency. Instead of paper contracts and fiat money exchanged, the founder of tech news site TechCrunch, Michael Arrington,…
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Bitcoins have created a "craze" around the world, with 600% growth in the last 12 months, and constantly increasing value over time, despite some downs. Now, the Pacific island nation of Vanuatu is the first nation to grant citizenship to people in exchange for bitcoin. Such application of bitcoins has not been used so far…
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The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: "Cryptocurrencies are issued by an unlimited number of anonymous…
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Cofound.it, the leading platform for training the world’s most promising blockchain startups, and Ethfinex, the community-focused ERC20 token exchange and information hub spun out of Bitfinex, have today announced a collaboration aimed at strengthening trust between crowdsale supporters and blockchain startups. Based on a shared long-term vision to provide services that support the entire blockchain…
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The cryptocurrency market has exploded over the last two years, with almost 1600%, and for the last 12 months - with around 600%. That is tremendous growth, especially for Bitcoin that is heating up discussions and "worries" from governments around the world about its plausibility and future in numerous industries. According to cybersecurity expert, John…
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Dubai's government is the first one in the world to conduct all transactions through blockchain. The Dubai Land Department has gone completely "cashless" as part of the initiative "Dubai Blockchain Strategy" launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation…
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Wysker, a Berlin-based startup that decentralizes e-commerce and that has built the first blockchain-powered shopping app, has now become the first ICO in Germany. What is more, this is the world's first blockchain-powered shopping app with a radical twist to mobile discovery and the first ICO from a company incorporated in Germany. On October 2nd, 2017 at 18:00…
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Russian Miner Coin raised $43 million through an ICO to create a “next-gen ecosystem for miners and investors,” challenging China in this field, reported East-West Digital News. Although the company had previously set a target of $100 million, the amount currently raised is a new record high for the Eastern European ICO market. According to…
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Seven leading banks are teaming up with R3 and Finastra to create a blockchain-based syndicated loan market, LenderComm. This new disruption in the lending market is yet another blockchain application that is going to be used to ease the loan market and serve as a platform for efficiency and up-to-date information. This new project will…
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With cryptocurrencies becoming more popular and maturing in the investment world in thousands of portfolios, industries and innovations, all of them at some point must go through an upgrade. For Ethereum, this upgrade will happen on October 17th, and what is known as "hard fork" will come to life. For many investors, the difference between…
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