Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and Web3 spaces. The fund is supported by investment firms DST Global Partners, Breyer Capital and Whampoa Group as well as by other private equity firms […]
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The rise of blockchain technology will inevitably transform and disrupt many industries. It has laid the foundation for major advancements and innovations in communications and data technology, chief among them, the telecoms industry. In this article, we take a look at some use cases for blockchain in telecoms and home in on the most promising […]
Blockchain needs its own music industry ‘MP3’ moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full potential, industry officials said. Blockchain, or distributed ledger technology (DLT), underpins cryptoassets like bitcoin and allows many parties to access a single version of data at the same […]
The Chinese blockchain network is reportedly being built, according to CNBC. China has been silently developing this framework to make blockchain technology more easily deployable for businesses and enterprises, naming it Blockchain-based Service Network (BSN). President Xi Jinping of China has emphasized that his country must take advantage of the prospects presented by blockchain technology. […]
Meta is partnering up with Polygon to bring NFTs to Instagram and Facebook. Polygon’s blockchain ecosystem will be made available to Meta’s aggregate 2.9 billion users as a result of the cooperation. According to a Tweet by Polygon CEO Ryan Wyatt, Meta chose Polygon as their partner because of their excellent scalability and eco-friendly carbon-neutral […]
The futuristic league of 5G, Blockchain, and IoT will birth a balanced ecosystem, colliding telcos capabilities, IoT applications, and a cryptographic ledger to optimize business and daily functions. The mobile wireless network industry witnessed heavy alternations and developments throughout the years. Developments that brought it to the advanced level it is in right now. Communication […]
The seminal Bitcoin paper written by the elusive Satoshi Nakamoto has introduced a novel technical concept whose usefulness goes well beyond cryptocurrencies, blockchain. Blockchain is basically a shared distributed ledger, and each user of the associated network has a full copy of it. Once a transaction is made, it is first validated to make sure it is […]
There is no one alive today with an internet connection that has not heard of Bitcoin. It is the most valued crypto currency in the world today, yet, the creator of Bitcoin itself is unknown. Doxxing the man behind the biggest digital currency in the world has been the mission for many with a keen […]
The past decade has brought a much more enabled open space for technological inclusivity and security business networks. The reduced costs for the public to further benefit from the financial sector came, including the banking sector. The incorporation of technology with digital security and financial customization gave birth to what is today known as “financial […]
A team of quantum computing engineers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corp say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain, according to a paper published Thursday. The group of researchers say it is the first time that a quantum […]