Zilliqa blockchain reaches 2488 transactions per second about one third of VISA – Mastercard throughput

The Zilliqa team expanded their network to 3,600 nodes (6 shards), and they observed a peak throughput of 2,488 transactions per second. Zilliqa is a blockchain developed by National University of Singapore researchers. They are planning to write another article to share more technical details, but for now we would like to highlight the tasks …

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Bitcoin over $5700 and $95 billion market cap

Bitcoin is at $5750 and some exchanges had bitcoin at $5800. Bitcoin has an overall market valuation of $95 billion. Investors believe the momentum is warranted given the results of the last hard fork in August, which split the network in two, but did so in a way that fairly safely created a new asset …

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Bitcoin set record high of $5380

Bitcoin has an intraday high of $5280 and ended yesterday at $5226. Week-on-week, BTC is up 18.75 percent, while month-on-month it’s up 23 percent. The new record broke a previous all-time high of $5,013 set in September. The cryptocurrency dropped to a low of $2,980 in mid-September on the news China had banned token sales …

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Neuromation Critical part of AI ecosystem

Neuromation is building a critical component of the budding AI eco-system and plan to capitalize on the first-mover advantage: The Neuromation Platform provides an exchange and an ecosystem where participants can either contribute or purchase the components of an AI model. The Platform will use distributed computing along with blockchain proof of work tokens to …

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Neuromation will incentive resources for machine learning using blockchain proof of work

Neuromation is creating a distributed platform to service all aspects of future synthetic data ecosystem. The platform will allow users to create dataset generators, generate massive datasets, train deep learning models. Users will also be able to trade datasets and models in the platform marketplace. They plan to take advantage of the latest trends in …

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First South East Asia know your customer blockchain system POC for security breakthrough

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with the Infocomm Media Development Authority (IMDA), has become the “first consortium” in South East Asia to complete a proof of concept for a know your customer (KYC) blockchain. The parties say the development “raises the possibility” of using blockchain to make KYC “more efficient …

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Japan licenses 11 bitcoin exchanges

Quoine is the first global crypto fintech company to receive an official license from the Japan Financial Services Agency (JFSA) on Friday, 29th September 2017. QUOINE operates QUOINEX, a cryptocurrency exchange and high performance trading platform that went global since May 2014. At its core, QUOINE is focused on stringent security measures on QUOINEX and …

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Understanding Initial Coin Offerings

Stellar.org published a white paper with Luxembourg House of Financial Technology (LHoFT) called Understanding Initial Coin Offerings: Technology, Benefits, Risks, and Regulations. Companies have raised over $1.8 billion through ICOs (Initial Coin Offerings) since January 2017. As organizations continue to raise tens, sometimes hundreds, of millions of dollars in each token sale, it grows increasingly …

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Bitcoin back above $4000 as AirSwap could allow circumvention of China’s restrictions

The price of Bitcoin seems to be shrugging off China ICO (initial coin offering) ban as the price is back above $4000. Michael Oved helped Virtu Financial Inc. become the most consistently profitable market maker in the history of electronic trading. Now he has his sights set on revolutionizing how digital currency exchanges operate. The …

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Types of e-money and possible government issued cryptocurrency

Riksbank, Sweden’s central bank, estimates that cash transactions made up only 15 percent of all retail transactions last year, down from 40 percent in 2010, thanks in large part to massively popular mobile payment services. Riksbank and the central banks of other countries are taking a serious look at blockchain, the technology that makes Bitcoin …

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