Cryptocurrencies

California Startup Poised To Introduce Blockchain Payment Technology To Electric Vehicles In United States

Clean technology company Oxygen Initiative is kicking off its second year of partnership and investment with Germany’s leading energy company, innogy SE, by priming the U.S. market to adopt Blockchain-backed electronic wallets for drivers. Using an electronic wallet, Share&Charge enables people to share their charging stations with drivers who pay for usage via Blockchain technology. … [Read more…]

Blockphase Bringing The Blockchain To Virtual Reality Content

A Denver, Colorado-based Virtual Reality startup named Blockphase has announced that 50 content creators and studios have signed on to participate in the Beta phase of their PhaseRight VR platform, which is set to begin in the second quarter of 2017. Blockphase CEO Steven Austine said, “We are excited that these talented virtual reality and … [Read more…]

Blockchain Technology Market Size Could Grow To USD 7.74 Billion By 2024

Grand View Research, Inc. recently released a report stating that the Blockchain could reach a market size worth US$7.74 billion by 2024. While it was originally seen as just the ledger system used by cryptocurrencies like Bitcoin, the report has stated the obvious by saying that private organizations and governments are increasingly recognizing its ability … [Read more…]

Las Vegas Gentlemen’s Club Offers Tradable Blockchain Memberships

Developers of Blockchain applications advocate their usefulness for applications like pubic notaries, voting systems and trading of securities in a transparent yet secure way. The Legends Room Las Vegas is debuting a new use for Blockchain technology: tradable club memberships. Members of the exclusive gentlemen’s cabaret will be identified via ownership of digital tokens based … [Read more…]

Distributed Cloud Storage Provider Storj Labs Raises $3 Million

Storj Labs, a distributed cloud storage provider, has raised $3 million in a seed financing round to advance its open source, distributed cloud storage platform, Storj (pronounced “storage”). The offering was oversubscribed. Angel investors from venture capital firms, Google Ventures, Qualcomm Ventures and Techstars, as well as industry leaders in the technology security space, including … [Read more…]

Disruptive New Fintech On Agenda at the Growth Innovation Leadership Council

New financial technology like mobile wallets, Bitcoin and the Blockchain get attention for their ability to disrupt the financial sector. Other disruptors that don’t get quite as much attention from the public include machine learning, artificial intelligence (AI), and big data. Some even say that technologies like these could lead to the end of the banking … [Read more…]

Industry Experts Generally Agree: Blockchain Use Will Skyrocket In 2017

Studies like the recent report titled Blockchain Solutions and the Future of Finance, recently released by Corporate Finance, show that business insiders are increasingly recognizing the possibilities of the Blockchain. The financial industry and technology providers are especially interested in implementing or advocating for the use of Blockchain apps for a wide variety of purposes … [Read more…]

Financial Industry Believes Blockchain Could Go Mainstream By 2020, Says Report

Infosys Finacle and Let’s Talk Payments have released a global survey report titled “Blockchain Technology: From Hype to Reality,“ in which 80% of respondents believe that Blockchain technology could see widespread commercial adoption of Blockchain technology as early as 2020. The survey included responses from more than 100 financial services professionals who work for 75 financial … [Read more…]

dotBlockchain Music Project Announces First Industry Partners

The dotBlockchain Music Project (dotBC) recently announced its first partners, Canadian Music rights organization SOCAN, its wholly owned subsidiary MediaNet, Songtrust, CDBaby and FUGA. These partners will contribute technical and financial resources that dotBC needs to meet its goals of resolving data, rights, ownership and payment issues that have plagued both musicians and major labels … [Read more…]