Ripple jumps up with a double digit number

November 19, 2017

The price of Ripple posted about a double digit increase in the trading price on Thursday following the announcement of the new partnership with the credit card giant American Express to process cross-border payments. As reported by HiTechFacts, American Express and Santander has partnered with Ripple, the infamous cryptocurrency with a stable price that is under $1. To create a blockchain payments channel between UK and US. Customers of these…

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World’s First Virtual Reality Real Estate Supported by Blockchain

November 18, 2017

Blockchain was always about enhancing existing systems and maximizing the potentials of old ideas that that have thrived over the years. The technology has evolved to bring home certain ideas which may not have been possible before now. A few years ago, the idea of owning a portion of cyberspace on the rules of real estate allocation would have been impossible. Today, this idea not only moves towards reality, but…

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American Express & Santander collaborate to provide seamless cross-border payments

November 18, 2017

Another advancement has strengthened the block-chain community. American Express and Santander have partnered with the financial technology firm and the famous cryptocurrency Ripple to speed up cross border payments between the United States and United Kingdom by using the block-chain technology. American’s business customers will be able to use the blockchain technology as all international payments that previously was done through FX International Payments platform will be routed through Ripple’s…

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Sola: World’s first decentralized social network

November 13, 2017

Do you love to create your own content and the idea of making money from that content is attractive then you should try out Sola. It is a platform which helps you get your thoughts out to the world also get paid for it. With Sola, you don’t need to have a great following to reach a huge audience. There is no concept of friends and followers in this network…

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Only 8% of blockchain products remain active

November 13, 2017

GitHub the famous code repository shows there were about 26000 blockchain related projects that was created on its platform but only a small amount of them remained active. This data was compiled by Deloitte in its detailed new report called “Evolution of block-chain technology. They got their insights from the GitHub platform. In total there were 26,885 blockchain-related projects developed last year. Despite the technology being nurtured only about 8%…

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Bitcoin now owns 61 percent of total share in the global cryptocurrency market

November 7, 2017

This is the first time since March when the Bitcoin dominance surpassed 61 percent, making it the leading digital currency in the global cryptocurrency market. The first nine months of this year was a nightmare for Bitcoin when the dominance index of Bitcoin fell from around 90 percent to 30 percent. It has started climbing up again and gradually crossing the 60-percentage mark. This has been possible as many investors…

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Is Bitcoin becoming harder to spend?

November 6, 2017

Bitcoin is setting new records for its all-time high rates, but the digital currency is getting harder to spend according to a Canadian reporter Don Pittis. History was made when in 2010, Laszlo Hanyez made history as he become the first man to purchase two Dominos Pizza for 10,000 bitcoins. At that time the value of coins were worth very little so transactions seemed easier. Now, though one bitcoin is…

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HCash: Startup raises AUD $53 Million in a record ICO

November 6, 2017

HCash a blockchain development start-up just closed its initial coin offering, raising nearly AUD $53 Million in the process which is one of the largest ICO to date in Australia. Melbourne-based HCash revealed details of its first round of funding from June 28 to July 15. The start-up managed to raise 21,000 Bitcoins during its first round. Using the bitcoins value on the date of closing, the total fund amounted…

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Universa: Block Chain Protocol For The Future

November 5, 2017

Very few ICO have generated more hype and prerelease demand than Universa, the new block-chain project that is aimed to improve on the current infrastructure that is provided by either the Bitcoin or the Etheruem. It will give easy to product smart contracts system. In practice Universa will attempt to become more than just an ecosystem for cryptocurrency payments and tokens. This crypto-currency promises to provide a next generation blockchain…

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British Telecommunications awarded a patent for block-chain security

November 4, 2017

One of the largest telecoms and internet service provider was awarded a patent proposed to provide cyber-security for the block-chains available. This Patent was awarded to British Telecommunications PLC (BT) on 31st October. This patent to provide means for preventing malicious attacks on block-chains by limiting transactions of users in the network who doesn’t fit the security requirements. The new code in block-chain will automatically filter out bad transactions and…

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