Australian State Grants Crypto Startup $100k to Boost Tourism
An Australian state government has awarded $100,000 to a crypto travel company in an effort to bolster its tourism industry.
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IBM Scores Patent on Proposed Blockchain Consensus for Transactions in Multiplayer Games
Nov 16, 2020 at 9:55 p.m. UTCIBM Scores Patent on Proposed Blockchain Consensus for Transactions in Multiplayer GamesTech giant IBM has been granted a patent on a blockchain-based consensus model envisioned for use in handling transactions within multiplayer games with a large user base. The U.S. patent, titled “Gaming consensus protocol for blockchain,” was awarded last…

How to Make Public Blockchains Safe for Enterprise Use
Paul Brody is EY's global innovation leader for blockchain. The views expressed are his own. At the beginning of this year, I wrote a column predicting that companies would find the allure of public blockchains irresistible. While a world of private blockchains provides many enterprises, regulators and central banks with the comfort that there are…

JPMorgan Adds Programmable Payments to JPM Coin
Users of JPMorgan's (JPM) blockchain-based settlement token, JPM Coin, can now program their accounts to make payments automatically according to preset conditions.The financial giant is allowing clients to plug in conditions for funds to be moved to cover overdue payments or margin calls, according to an email on Friday. Previously, they had to set standing

Internet Computer’s Dfinity Is Building Carbon Credit-Inspired Tech for Waste Management
Internet Computer blockchain (ICP) contributor the Dfinity Foundation, is developing a technology for a global standard to incentivize recycling activities.The Swiss-based not-for-profit foundation is working with management consultancy Roland Berger, who introduced the Voluntary Recycling Credits (VRC) standard in June, inspired by the carbon credit market.The VRC initiative aims to address global issues with the

Solana Unveils Details of Second Crypto Phone ‘Seeker’
SINGAPORE –– Solana Labs's phone designing subsidiary is slated to ship its second crypto phone in 2025, Solana Mobile announced at the Token 2049 conference Thursday. Called Seeker, the upcoming handheld will be a major hardware improvement over Solana's first mobile phone, with better battery, a stronger camera and a lighter design than the Saga

Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up
Craig Wright's former legal representatives at Ontier say emails purportedly showing their correspondence have been doctored as the fourth week of a U.K. trial probing his claims of having invented bitcoin started Monday.The emails were shared by Wright's wife Ramona Watts with his U.K. counsel, who then disclosed it to the court.Before the emails were

Coinbase Tried to Rein in a Renegade SEC That’s Trying to Rein in a Renegade Industry
Should regulators get to determine the rules they enforce? To the extent that federal watchdogs — like the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) — enforce the law acting with executive authority, mostly adhere to legislation written by congressional lawmakers, and are kept in check by the court system, it’s

No Humans Required: Commerzbank Develops Blockchain Payments for Automated Trucks
news Commerzbank has developed a blockchain-based solution for machine-to-machine payments that it says could be used to allow automated trucks to pay for power charging without the need for a human to get out their wallet. Calling it a “concrete pilot project,” the German bank worked together with its incubator research and development unit and Daimler…