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Big Four Auditor EY Provides Blockchain Solution For New Wine Traceability Platform

Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform

Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in an official EY press release on May 23.The e-commerce platform, dubbed Tattoo, has been developed for…
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China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin In 12th Place

China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place

China updated its cryptocurrency rankings on May 23 — with eos retaining the top spot and bitcoin moving up three places.The government-sponsored index assessed each blockchain on three criteria: technology, application and innovation.Joining EOS in the top five was tron, ether, steem and ontology.Despite its dominance in the crypto industry overall, Bitcoin was in 12th…
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Consensys Launches ETH Blockchain, DApp Developer Job Kit To Help Hopefuls Enter Market

Consensys Launches ETH Blockchain, DApp Developer Job Kit to Help Hopefuls Enter Market

On May 24, New York-based blockchain firm ConsenSys released a new Blockchain and DApp Developer Job Kit to help aspiring Ethereum blockchain developers enter the market.Citing Linkedin’s 2018 U.S Emerging Jobs Report, Consensys notes that blockchain developer rotes have topped the professional network’s list for highest-growth positions in 2018, ostensibly increasing 33-fold in prevalence as…
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Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to speed up the loan process, South Korean news agency Yonhap reports on May 27.Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the lending process, reportedly enabling the public to apply for loans online and get their credits without…
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Crypto Pioneer David Chaum: Pseudonymous Messaging With Integrated Payments Is Blockchain’s Killer App

Crypto Pioneer David Chaum: Pseudonymous Messaging With Integrated Payments Is Blockchain’s Killer App

E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments. Chaum made his remarks in an interview on the Bloomberg Odd Lots podcast on May 27.Chaum — a trailblazing American cryptographer who invented a secure, privacy-preserving digital currency back in 1982 —…
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Deutsche Telekom Unit To Cooperate With Binance-Listed Project On Autonomous IoT Network

Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network

A unit of German telecom giant Deutsche Telekom will work with Binance-listed project Fetch.AI (FET) to develop decentralized IoT network innovations, according to a press release shared with Cointelegraph on May 22.Fetch.AI, a Cambridge-based tech startup, has signed a memorandum of understanding (MoU) with Deutsche Telekom’s T-Labs to build and implement autonomous agents (AEAs) on…
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Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch

Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch

Japanese cryptocurrency exchange Taotao will launch its trading service on May 30, Cointelegraph Japan reported Monday, quoting a social media update.Taotao, which is 40% owned by internet giant Yahoo! Japan’s YJFX, will initially offer trading in bitcoin (BTC) and ether (ETH).Margin trading will also be available in litecoin (LTC), XRP and bitcoin cash (BCH) in…
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Bitcoin Hits Highest Price Point In Over A Year, Pushing Toward $9,000

Bitcoin Hits Highest Price Point in Over a Year, Pushing Toward $9,000

Monday, May 27 —  following a mild correction yesterday, the crypto markets have seen strong positive momentum today, with bitcoin (BTC) soaring to its highest price point in over a year. Virtually all of the top 50 cryptocurrencies are seeing solid green, as Coin360 data shows.Market visualization courtesy of Coin360Bitcoin has reported over 9% in…
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