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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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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Oracle sees 10% of global GDP stored in blockchain by 2027

Enabling customers to leverage one of today’s most disruptive emerging technologies, Oracle today announced Oracle Blockchain Cloud Service. The advanced, enterprise-grade distributed ledger cloud platform helps customers increase business velocity, create new revenue streams, and reduce cost and risk by securely extending ERP, supply chain, and other enterprise SaaS and on-premises applications to drive tamper-resistant …

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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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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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ICOs and VC investment in the blockchain

PitchBook has an update for Q3 2017 of ICOs and venture capital investment in the blockchain. * regulatory statements in China and the US have yet to temper market enthusiasm for the red-hot cryptocurrency and ICO market. Regulatory action against secondary exchanges in China may put short-term downward pressure on an overheated market, but will …

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Canada’s guidelines for cryptocurrencies and ICOs

The USA, Singapore and Canada regulators have all issued some warning and guidelines for cryptocurrency and fintech. They are in general regulating tokens similar to securities. On August 24, the Canadian Securities Administrators (CSA), an organization composed of Canada’s provincial and territorial securities regulators, released Staff Notice 46-307 Cryptocurrency Offerings, which addresses how Canadian securities …

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Intel and Tencent cooporating on Blockchain

Tencent also signed a cooperation framework agreement with Intel to develop blockchain technology for Tencent’s TUSI IoT (Internet of Things) laboratory and promote the establishment of security capabilities in Internet of Things applications. Blockchain is a new application mode in distributed data storage, point-to-point transmission and encryption algorithms for computer technology, which can be widely …

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Future Ethereum – Metropolis, Serenity, Raiden

The Metropolis (Ethereum 3.0) hardfork upgrade is scheduled for late September. It will be the first upgrade since Homestead (Ethereum 2.0) from early 2016. Innovations are known for Metropolis: Anonymity – “Zero Knowledge Proofs” (zk-snarks) will allow the Ethereum Blockchain to perform anonymous transactions on a higher level in the future. This is like Zcash. …

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Blockchain Medical Records and other Healthcare Blockchain Use Cases

Blockchain is coming to healthcare and medical fields. There are over a thousand blockchain startups, various open source implementations. There are dozens of blockchain companies targeting healthcare applications. There different use blockchain healthcare use cases. Blockchain for electronic medical records. Blockchain for Medicaid applicants. Blockchain for payments. Blockchain to enhance secure mobile and remote distribution …

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