IBM CTO Tells US Congressmen ‘Let’s Get Government Ready for Blockchain’

[ad_1] IBM and members of the U.S. Congressional Blockchain Caucus discussed the use of blockchain for ID systems, payments, and supply chains during a meeting today, September 24, according to a press call attended by Cointelegraph.IBM recently published a report entitled “The Impact of Blockchain for Government: Insights on Identity, Payments, and Supply Chain” made in collaboration with the U.S. Congressional Blockchain Caucus.The report summarizes a series of roundtable discussions

Andreessen Horowitz Invests $15 Million in Stablecoin Firm MakerDAO

[ad_1] American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24.MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit system. DAI is pledged to U.S. dollars but collateralized by Ethereum (ETH). DAI users can generate the stable coin by locking up an excess amount of ETH in a smart contract, so

Walmart Requires Certain Produce Suppliers to Deploy Blockchain Technology

[ad_1] U.S. retail giant Walmart and its division Sam’s Club, a membership-only retail warehouse club, will require suppliers of leafy greens to implement a farm-to-store tracking system based on blockchain tech, Reuters reported September 24.The end-to-end traceability system is based on distributed ledger technology (DLT) developed by computing giant IBM. According to the report, Walmart will require suppliers to implement blockchain tech by September 2019.The company’s Vice President of Food
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The Apollo Foundation Presents Invention for Overhauling Decentralized Blockchains

[ad_1] September, 24 The Apollo Foundation has presented a mechanism for secure updates of blockchains with the release of their Updater. The Apollo Foundation’s newest innovation is designed to update the blockchain using a transaction on the blockchain itself, allowing the blockchain to avoid hard forks and to ensure the stability of each node contributing to the blockchain. Victor Konovalov, Director of the Apollo Foundation, spoke about the capabilities of

Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape

[ad_1] Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for Cryptocurrencies" will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up to the introduction of a bill in the House of Representatives by Davidson this

South American Crypto Exchange Seeks Help of Colombian President for Reopening

[ad_1] South American cryptocurrency exchange has requested Colombian President Iván Duque to help reopen its operations in the country, local news outlet La Republica reported September 21.Digital currency exchange — which boasts around 35,000 accounts in Colombia — ceased its operations on June 20 after the country’s banks decided to close all the exchange’s accounts "for the lack of guarantees."The move was reportedly spontaneous; banks confirmed they closed