California DMV building blockchain on Avalanche for title transfers

Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000.Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next?After a week of chaos for macro markets and solid gains as a result, Bitcoin…

1. There’s been a lot of hype over using blockchain in health care. Why is that? The data stored on a blockchain is transparent and immutable, which is extremely important for the health industry. Some insiders even call it the “ultimate use case” for the technology.  In fact, there are several reasons behind this hype.…

Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used. 415 Total views 4 Total shares South Koreans could soon allow its citizens to use blockchain-based digital identification (ID) instead of physical cards as soon as 2024, as the…

Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem. Ethereum is a vast ecosystem with thousands of decentralized applications and decentralized finance protocols working on…

The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry.Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain, Forbes reports on Oct. 2.Michael Brawer, COO at Morningstar Credit Ratings, stated that the firm is working with…

The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and Beacon Chain — has unknowingly spurred rumors across the community. Termed the most significant upgrade in the history of Ethereum, The Merge does indeed mark the end of proof-of-work (PoW) for the Ethereum blockchain. However,…

Global retail giant Auchan is expanding TE-FOOD’s blockchain solution to improve the transparency of products’ history, U.S.-based news agency Cision PRWeb reports today, Dec. 4.The French retail group, which is reportedly the 13th largest food retailer globally with operations in 17 countries, has extended TE-FOOD’s FoodChain solution to five more countries.FoodChain is the international traceability…

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8.According to the joint statement, the organizations have yet to discover a set of circumstances in which a crypto custodian could comply with the SEC’s Customer Protection Rule,…

The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation. 918 Total views 21 Total shares Own this piece of crypto history Collect this article as NFTWhile many crypto fraudsters were able to slip through the cracks in the past, the…