Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain Adoption
Blockchain Domains Starter Guide: What Are They and How do They Work?
Since the introduction of blockchain, technology has disrupted various sectors and industries. With blockchain having some commendable success in supply chain management, health care, and others, experts seem keen to explore other areas where innovation could come in handy. One such area is domain name registration. Although the internet has been evolving, web hosting and domain registration haven't changed for years. However, software companies now want to change the industry using blockchain domains. Blockchain domains are still a new concept. However,…
5 years ago
Binance Academy Sets up A New Blockchain Research Institute in China,
Recently, Binance Academy announced the development of a blockchain research institute in China. Binance Academy is the educational arm of Binance crypto exchange. The blockchain research institute is known as Lingang Blockchain Technology and Industry Research Institute, which will serve as the hub for blockchain talent. Lingang Blockchain Research institute will shape breakthroughs in blockchain technology and speed up the application of blockchain technology. It will happen through integrations with artificial intelligence (AI), big data, Internet of Things (IoT), and…
5 years ago
KT Corporation Launches Its Blockchain-Based Platform for Contracts
KT Corporation, the giant South Korean telephone company, has launched a platform for contracts dubbed KT Paperless. The blockchain technology-based KT Paperless will be a document integration platform that will allow its users to formulate and distribute contracts. It will serve as their storage point from where they can see activities such as opening, signing, or alterations on the contracts, using the timestamp technology. Users can also confirm whether they sent documents, confirm the receipt and viewing times, and notices…
5 years ago
University of Malta Students Use Blockchain in Voting for Representatives
Students doing Masters in Blockchain networks at the University of Malta are currently using the University's dApp to vote for student reps. According to their recent reports, this is the first instance that students use blockchain for voting. This dApp solution is centered on a blockchain digital identity platform, a product of Vodafone. It has super-advanced privacy features as a voting platform, and the students can fully take control of all their data without fearing an outsider's eye. This blockchain-centered…
5 years ago
WHO Joins With Blockchain Companies to Create a COVID-19 Info Central
The World Health Organization (WHO) has partnered with several gargantuan institutions to set up a COVID-19 information network. The blockchain-based solution is an open-source data hub for verifying data accuracy related to the COVID-19 pandemic. The solution, named "MiPasa", is expected to expand as a range of data analytics tools are introduced to its network. Additionally, the tools will be subsequent to data testing and other information, to enhance accurate detection of COVID-19 infection red zones. MiPasa is an invention…
5 years ago
Blockchain Technology Streamlining Operations in Smart Cities
A smart city goes by many definitions, but its foundation lies in the established relationship and cooperation between its public and private sectors, essential for every aspect of development. Such include physical and digital infrastructure, data access and management, trade relations, utility services management, public relations, and emergency response and disaster mitigation procedures. The concept of smart cities started with the advent of the Internet of Things (IoT), which integrates different technologies by bringing resources together to create an inclusive,…
5 years ago
Launch of Public Health Blockchain a Shot in The Arm for COVID-19 Mitigation
In a measure aimed at boosting efforts to combat the Corona Pandemic, a Public Health Blockchain Consortium (PHBC) has recently announced the development of a new blockchain platform. TheVirusBlockchain.com will help to track COVID-19 free communities. Better Lives Globally The PHBC consortium brings together health authorities, universities, health care providers and innovators. They aim at collecting, safely storing, and analyzing anonymous health data on the blockchain. Their objective is the eradication of diseases and bettering lives globally. Besides tracking COVID-19…
5 years ago
Blockchain-Based E-Voting System Should Be Integrated into the Voting System
In every democratic nation, elections constitute a crucial democratic process, and therefore, its security is a matter of national security. With elections playing a crucial role in a country's future and citizens' lives, governments must employ efficient electoral systems that achieve a free, fair, and non-fraudulent representative election. Different nations worldwide employ different election mechanisms, including secret ballot-based voting, purely electronic methods, and electronic voting machines. Nonetheless, more often than not, elections employing these mechanisms are often disputed due to…
5 years ago
Top 5 Industries to Be Disrupted by Blockchain and Cryptocurrencies
The Advent of Distributed Technology In this day and age, the advent of distributed technologies like Blockchain has thoroughly shaken the world. Not just the Finance sector, but other areas such as Property, Advertising, and Governance, among others, are expected to be affected. By promising to remove intermediaries, Blockchain has set off to change the Global Infrastructure as we know it. For now, we use blockchain technology to store and share information across a network of users in an open…
5 years ago