Technology

South Korean Beachgoers Can Now Use Bitcoin to Pay for Services

A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches …

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Real Estate Blockchain Firm Ubitquity to Build Tokenized Title Platform

Real estate blockchain platform developer Ubitquity will build a platform for creating tokenized property titles with Rainier Title, a news report said.  The platform will also log records of conveyance for the Washington-based Rainier Title. It will integrate with the conveyance suite Qualia. Rainier Title is currently in the process of migrating to Qualia.  Tokens …

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Title Token for Blockchain Estate Registry, Part 3

The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator of tokens across blockchains. The protocol conceptually comprises two major elements: The format …

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Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts.  The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its …

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Nigerian Crypto Activity Has Been On the Rise Since April

Nigeria, the biggest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest-growing crypto markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria has seen the largest influx of activity on its wallet app since April 2020. Nigeria shows biggest …

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Ethereum Medalla Testnet Launch Suffers Block Finality Issue

The Ethereum Medalla testnet launch, scheduled for 1pm UTC, did not proceed as smoothly as expected. While the network launched successfully and proposed a sufficient number of blocks at the supposed genesis time, participation rate was a mere 57%; much lower than the expected 80%. This means that only 57% of the stake is being …

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You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber

The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project. Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other decentralized apps, or DApps. They will also be available on …

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Tel Aviv Stock Exchange to Launch Blockchain Securities Platform

The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet …

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How cell phones and Facebook are changing remote Nunatsiavut

Enlarge / The town of Nain. Dennis Minty/Adventure Canada Moravian missionaries arrived in Canada in the 1700s, forever altering the future of the country’s Inuit population. Beginning in the 19th century, Inuit children were taken away from their families and forced to attend residential schools (boarding schools), where they were not allowed to speak their …

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Title Token for Blockchain Estate Registry, Part 2

Title token is a record of ownership similar to the one made in a traditional estate registry. This concept is designed as an alternative to security tokens and various financial crypto instruments. The title token is not “backed” with real property; this is the record that directly certifies the property right — the same as …

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