Author: NBTC
Subsidiaries of Vodafone (NASDAQ: VOD) and Sony (NASDAQ: SONY) are embracing blockchain technology in their quest to crack down on supply chain fraud as the broader industry seeks novel solutions to age-long challenges. Pairpoint, the brainchild of a partnership between Vodafone and Japanese-based Sumitomo Corporation, has teamed up with Sensos to explore the viability of a blockchain-based smart label feature. Sensos, launched in 2022, is a subsidiary of Sony Semiconductor Israel with considerable experience in the space despite being in operation for less than three years. The collaboration between Pairpoint and Sensos will see both entities leverage their respective strengths…
Bitcoin is being weird again. Last month, it touched a new all-time high of nearly $74,000 per coin. Now, after having dropped hard and fast, the biggest digital coin is trading for $61,655. One definition of a bear market is an asset priced 20% lower than its most recent high. CoinGecko data shows that BTC is currently more than 18% off the new top it hit in March. Does that mean we’re edging toward a bear market just weeks after being in a bull market? Is that possible? Rather than poking the bear, experts told Decrypt that Bitcoin is currently…
Hedera has partnered with South Korea’s Shinhan Bank to revolutionize Finance. The HBAR Foundation is deepening its foothold in the Asian market. Hedera Hashgraph (HBAR) has grown to become a force to be reckoned with in the finance industry. In a recent development, the HBAR Foundation announced the launch of South Korean Won (KRW) as a Real World Asset (RWA) on the Hedera network by the Shinhan Bank. Shinhan Bank Completes Pilot Phase As previously reported by Crypto News Flash, this pilot phase is a continuation of Shinhan Bank’s Proof-of-Concept (PoC), which began in 2021 when it partnered with Standard…
The creator of interoperability blockchain Polkadot (DOT) says that one use case for the blockchains is crucial for their mass adoption. In a new interview on macro guru Raoul Pal’s podcast, Polkadot creator Gavin Wood says that proof of personhood – or a mechanism that digitally verifies a person’s humanity – could be the killer blockchain application that triggers widespread adoption. “What I’ve come to think about in this regard [during] the last couple of years is that blockchains have so far only really mastered doing scale of value – money basically. They haven’t mastered the concept of personhood, it’s…
Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate data. Bitcoin was clinging to the $60,500 support level after a slowdown in sell pressure, with bulls attempting a potential recovery above $61,000. Market turbulence The drop comes at a time of general market turbulence, with both Bitcoin and traditional equity markets showing signs of strain.…
In an unexpected turn of events within the cryptocurrency community, the founder of Cardano has recently expressed an interest in Bitcoin offshoot, Bitcoin Cash (BCH). This unexpected development has sparked speculation and curiosity among crypto enthusiasts, as the Cardano’s founder’s attention turns toward a different cryptocurrency project. Charles Hoskinson, the visionary behind Cardano, expressed interest in Bitcoin Cash (BCH) on social media, catching many by surprise. In a tweet, Hoskinson expressed interest in the Bitcoin Cash road map, requesting anyone in the community to explain what’s going on in the developer community and some of the BCH project’s near-term priorities.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The first smart contract blockchain, Ethereum, was monolithic by design, meaning it manages its own execution, settlement, consensus, and data availability. Over the years, new decentralized applications developed, leading to increased demand for blockspace. When the demand for blockspace is more than its supply, the constrained availability restricts the range of potential applications, causing a significant impediment to utility and widespread adoption. You might also like: Decentralized payments is a gateway to economic development | Opinion This…
Bitcoin prices suffered some notable losses today, repeatedly approaching $60,000 and dropping to their lowest value in several weeks. At the time of this writing, the digital currency was trading close to $61,300, according to figures from CoinMarketCap. After these latest declines, what’s next for the digital currency? Several experts weighed in, commenting on the cryptocurrency markets and offering technical analysis. These latest price movements materialized a few days before the upcoming 2024 halving, which is set to take place two days from now and will see bitcoin’s rate of new supply drop to 450 units per day instead of…
While the cryptocurrency market rose led by Bitcoin after the weak employment report from the USA, analysis company CryptoRank identified the altcoin networks with the highest number of users in April. Bitcoin price has increased by approximately 7% in the last 24 hours and is traded at $ 63,257 at the time of writing this article. Here are the altcoin networks with the most users and their number of users in April: Tron (TRX) – 54.7 million Near (NEAR) – 53.8 million BNB (BNB) – 35.5 million Solana (SOL) – 35.2 million Polygon (MATIC) – 33.6 million Ethereum (ETH) 12…
Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability. While many Layer 2s are working to scale Layer 1s like Bitcoin and Ethereum by improving throughput and reducing transaction fees, protocols like Union enable both—interoperability at scale. The need for blockchain interoperability Whatever your opinion on the WEF, its 2020 whitepaper on blockchain interoperability hit the nail when it stated, “Organisations do not want to find…