EtherWorld's weekly: November 19, 2017

(Blockchain eNewspaper) News World news Visa launches B2B test transaction for cross-border payments via blockchain American Express collaborates with Ripple for payments via blockchain. Mastercard Seeks Patent for Instant Blockchain Payments Processing. Monetary Authority of Singapore releases a report on phase 2 of its inter-bank settlement mechanism. Canadians to Use Blockchain for Digital IDs European Securities and Markets Authority: "ICOs may fall outside the scope of the existing rules and thus outside of the...

Understanding the concept of Private Key, Public Key and Address in Ethereum Blockchain

Before we get deeper into the concept of Ethereum Blockchain, it is important to understand how Public Key, Private Key and Address are generated. To make this easier for beginners, I am trying to explain the technical concept with an example. Ethereum key generation is based on elliptical curve ecp256k1. Eliptical curve (EC) is intense mathematics, and there are a lot of great articles on internet covering deep details of elliptical curve. There are standard...

Quantstamp solidifies partnership with Experty for smart contract consulting

Press Release San Francisco (November 8, 2017) - Over the past several months, there has been an explosion of ICOs and new smart contracts. The blockchain industry has been growing exponentially. Smart contracts are an integral part of the Ethereum blockchain technology which enable businesses to conduct transactions without an intermediary. Smart contracts are the basis of all Ethereum blockchain based firms. Smart contracts have had difficulty being smart, or even contracts. Many of which...

Bitcoin Cash reached over $2000, stayed as second largest crypto for few hours

Be it the popular Bitcoin or Ethereum, seems that entire world is going crazy over cryptocurrency trade since last few months. Now the Bitcoin Cash, a split from sister currency Bitcoin, made a record high of more than $2500 against USD in last 24 hours according to WorldCoinIndex on November 12, 2017. It is showing every sign to cast its shadow on Bitcoin. According to analysts SegWit2x is responsible for this price intensification. Why SegWit2x...

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