How blockchain can cause major paradigm shift for small businesses and start-ups

According to Statista, the blockchain technology is now mainstream; and, is expected to grow to a market size of $2312.5 million by the year 2021. Blockchain technology impacts each and every industry, each and every business. However, its potential was firstly recognised by BFSI sector. Gradually, it is gaining momentum in other sectors too like healthcare, logistics and supply chain, education, etc. Irrespective of the industry, let’s talk about how can it cause...

EtherWorld's weekly: August 26, 2018

(Blockchain eNewspaper) News World news Electronics Giant LG Focuses on Development of Blockchain, AI, IoT With Branding Strategy Soluna thinks it can help solve Blockchain’s energy problem. Regulations in the cryptocurrency space - The Virtual Commodity Association (VCA) Working Group Has Formed and Is Planning Inaugural Meeting. New Ransomware Ryuk Steals More Than Half Million Dollars Worth Bitcoin Lazarus hits cryptocurrency exchange with fake installer and macOS malware "AppleJeus" Alleged head of...

How to mine Ethereum on your PC

When talking about ethereum mining, most of the individuals think that they need supercomputers having large multitudes of computational power to pull it off. Well, it is not completely erroneous; unlike a couple of years back, mining cryptocurrency has become quite easier. This has become possible because of the rapid advancement of both cryptocurrency, and the blockchain technologies have experienced over the time. Those days are gone when you needed a mainframe with the processing...

EtherWorld's weekly: July 08, 2018

(Blockchain eNewspaper) News World news IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security Banks Conduct Cross-Border Trades on IBM - Powered Blockchain Early uses of blockchain will barely be visible, says Hyperledger’s Brian Behlendorf MyEtherWallet Founder, Kosala Hemachandra joined Blockchains LLC as Chief Blockchains Officer Europe’s biggest ETF trader - Speed is moving into Crypto Markets - Bloomberg Thailand Leads in Crypto by Skipping the Big...

EtherWorld's weekly: June 24, 2018

(Blockchain eNewspaper) News World news Bank of England to Update Settlement System to Work with Blockchain Japan's Financial Watchdog Orders AML Shake-Up at 6 Crypto Exchanges Thiel Foundation Announces 2018 Thiel Fellows Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund Stanford computer scientists launch the Center for Blockchain Research. Stanford students build 16 blockchain projects in Dapp Showcase Blockchain technology almost a must-have for business said UBS CEO EY and Microsoft launch...

Solutions to Scalability: Can Off-Chain Payments Scale Blockchain?

Scalability is one issue that has been troubling blockchain developers and is one of the biggest challenges before it can reach the masses. Below is the daily transaction chart showing transactions since October' 15. image source: etherscan.io The key here is that enough number of nodes must verify the transaction to confirm it as legitimate and to make sure that security isn't compromised, but few enough so as to allow the system to process...

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