[ad_1] Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) announced on Tuesday that it will be joining forces with Blockchain company Waves. Why? Both parties want to develop a distributed ledger technology (DLT) platform that is able to process and handle shipping document submissions. The technology has already commenced the testing stages, and results showed the system is capable of slashing the processing and handling time to two and a
[ad_1] Like many things surrounding the blockchain community, Ethereum’s smart contracts can be a confusing concept to most. Smart contracts seem a bit difficult to understand because the term confuses the base interaction described. They are a new possibility due to the ethereum public blockchain. A smart contract binds a relationship with cryptographic code, whereas a standard contract is an outline of the terms of a “relationship” and is usually
[ad_1] Every single person that uses the internet today, does not have primary control of the data they share on certain websites. Ethereum stands out from the rest, as it attempts to employ the blockchain as a way to correct what the designers of the internet. The best way to describe it would be a “decentralized appstore” where anyone is able to publish their apps (dapps). Unlike today’s apps (such
[ad_1] Think you’re ready to make your first Bitcoin transaction? Here’s everything you are going to need to know. Bitcoin transactions are able to be sent from and to electronic bitcoin wallets. Further, they are digitally signed for security. Everyone on the bitcoin network is made aware when a transaction is being made, and the history of any transaction can be traced back to the point where the bitcoins were
[ad_1] If you’re interested in cryptocurrency, chances are you probably understand that Bitcoin is not only the first cryptocurrency to be created, but it is also one of the most important out there. It is important to understand that Bitcoin is a form of digital currency, and it is created and held electronically. No one controls it. Unlike euros or dollars, Bitcoins are not printed - they are produced by
[ad_1] It’s safe to say financial institutions have financed the disruption of a number of industries over the last 30 odd years. And why is that? It’s because they have an idea of what a revolutionary technology like blockchain can do to static incumbents.
So, in order to stay ahead of change, banks have been setting up R&D labs, establishing partnerships with blockchain developers, and building test centers
[ad_1] If you are prone to skimming the financial news, you may have noticed the word “blockchain” popping out at you a few times. Perhaps you even read up on the concept, but are still unsure of what exactly blockchain technology is. That’s okay, seeing as blockchain sounds more like the latest type of kid’s toy. Source Image: Deposit Photos: @GreenVector When learning about blockchain technology, and many suggest you
[ad_1] By now, you probably have heard of cryptocurrency and bitcoin. And as of late, the term “Blockchain” has made huge waves in the technology sector. There is a considerable amount of hype surrounding blockchain technology, and do you know why that is? It’s because more and more people are finally starting to understand the implications of the technology. Perhaps this is because it is easy to picture high-level use
[ad_1] From bird’s eye view, a blockchain might not look that different from things you are already familiar with. With a blockchain, people are able to write entries into a record of information, and users can control how the record of information is updated and amended. Like Wikipedia, entries are not the product of one single publisher. In fact, no one person controls the information that is published. However, as
[ad_1] Do you know what a digital ledger is? Here’s a hint: there’s no relation to Heath Ledger. Ledgers are the foundation of accounting, and they are about as ancient as money and writing. Since ancient times, ledgers have been at the center of economic transactions. They have been used in various ways, such as recording contracts, payments, movement of assets or property, or buy-sell deals. When the journey first
