TECHNOLOGY


Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem
An Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.
Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.
Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization
The central bank of Sri Lank has selected three tech companies to develop a proof-of-concept for shared know-your-customer platform using blockchain.
IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.
JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests
Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.
Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance
FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.
Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate
Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.
VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital
In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.
UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies
Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.
World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.

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