New York State is officially launching a cryptocurrency task force aimed at helping the state understand cryptocurrencies and their underlying blockchain technology. Governor Andrew Cuomo signed a bill last month creating the task force to study cryptocurrencies, other forms of digital currency and blockchain technology, according to a press release issued Wednesday by the bill’s sponsor, Assemblyman […]

Samsung Next said it has backed nine projects that use decentralized ledger technology, or blockchain. The company has given each of those startups a Stack Zero Grant, through a non-equity program that supports early-stage teams building decentralized technologies by providing funding, expertise, and access to the Samsung Next network. The Stack Zero Grant arose from the company’s […]

Look at the crypto services you regularly use. Admit it: you aren’t in love. Some of them are OK, most of them are terrible – you know it. I’m not referring to the cosmetic allure of those products, which most of the time feel like pre-dial up era, but about how they work, how the […]

Senior executives at United Airlines (UA) and logistics giant UPS think 2019 will not be the year blockchain goes mainstream, the Wall Street Journal reported on Dec. 28. Speaking to the publication, UPS chief engineering and information officer Juan Perez and UA’s executive vice president of technology and chief digital officer Linda Jojo remained level-headed on blockchain’s prospects. “We have a […]

The Italian government has published its list of 30 blockchain high-level experts to further its integration of the technology at state level, Cointelegraph Italy reported Dec. 27. The result of a four-month hiring and consultation process, the group will work for free advising authorities how to create a “national strategy on distributed register and blockchain technologies.” The project is being convened by the […]

Hundreds of businesses and retail investors are still counting the cost of bitcoin’s 80 percent drop from its all time high at the turn of the year. A Sky News special report has revealed that alongside investment portfolios, bitcoin’s price tank also claimed several mortgages, loans, marriages and even possibly university funds for some investors’ children in […]

The U.S. Department of Defense says blockchain technology has “enormous” potential in helping improve disaster relief efforts. The Troop Support division of the Defense Logistics Agency held a meeting earlier this month in Philadelphia to understand how blockchain could have helped its already “successful” efforts assisting in Puerto Rico after the devastating Hurricane Maria in 2017. The meeting […]

Bank of America (BoA) has filed another blockchain patent, documents with the USPTO reveal. The American multinational investment bank stated that it would use blockchain, the underlying technology which powers the world’s leading cryptocurrency Bitcoin, to handle some portions of its cash handling devices. The patent, titled “Banking Systems Controlled by Data Bearing Records, mentioned blockchain around […]

The United Arab Emirates (UAE) is looking to join the list of leading destinations for blockchain-related businesses in 2019 due to promising new crypto legislation. Experts commented on the situation to the UAE’s daily newspaper The National on Monday, Dec. 24. As the UAE has announced a new legal framework for initial coin offerings (ICO) and hinted about possible regulation for crypto […]

As crypto prices continue to fall, 2018 is ending on a sour note for the global blockchain community. To some, this is a time for reflection, a time to shrug off the hype and really assess what we’ve achieved over the past few years. But it’s possible that’s just the optimistic spin on things: perhaps, […]