Blockchain Exchange Datawallet Raises $40 Million In Token Sale

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Datawallet’s DXT token sale sold out today after reaching its $40 million goal. The pre-sale on Jan. 22, 2018 sold out in 55 seconds, raising $8 million. The C2B data exchange allows for the transparent exchange of data between consenting consumers and businesses. Users can link multiple data sources from social media, online commerce and offline transactions to their DataWallet app and opt-in to share it with companies interested in acquiring this data. All data is entirely…

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Singapore Airlines Will Launch a Blockchain Loyalty Wallet App for Frequent Flyers

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Singapore Airlines, one of the world’s leading airline operators, is set to launch a blockchain-based loyalty wallet to enhance and further frequent flyers’ spending of accumulated air miles. Singapore Airlines (SIA), has announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent-flyer program, enabling travelers to easily spend their air miles at retail partners. The application will help with ‘everyday spending’ of passengers’ digital KrisFlyer miles in ‘point-of-sale transactions at…

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Blockchain Tech Can ‘Change the World’, Says South Korea’s Finance Minister

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Korea’s finance minister, notably an advocate against a proposed ban for domestic cryptocurrency exchanges, has stated that blockchain technology can revolutionize and “change the world” during a ministerial trip to China. South Korean finance minister Kim Dong-yeon has underlined the importance of blockchain technology while holding talks with the chief of China’s central bank on cooperative economic policies. Upon signing a new economic cooperation pact with China during a two-day visit, Yeon also discussed blockchain technology while…

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BitFury Launches Blockchain Investigation Tool to Fight Bitcoin Crime

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitfury, a well-known industry group which started in 2011 as a Bitcoin mining company and has since grown into a multinational blockchain research group, has moved into the law enforcement space with the release of its new tool Crystal. The Crystal tool was designed with two main use cases in mind. The first of which is for law enforcement to track bitcoin transactions related to criminal activity. Bitcoin is commonly used in Ransomware attacks, which encrypt a…

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Canadian Regulators Approve Country’s First Blockchain ETF

The Ontario Securities Commission has approved Canada’s first blockchain exchange-traded fund (ETF), set to launch on the Toronto Stock Exchange next week. Harvest Portfolios, an independent Canadian investment management company, filed the preliminary paperwork for its Blockchain Technologies ETF (ticker: HBLK) in January, seeking to provide Canadian investors with the opportunity to buy into the blockchain technology sector, according to the Globe and Mail. The fund will invest “in equity securities of issuers exposed, directly or indirectly to the development and implementation of blockchain and distributed ledger technologies,” a Harvest…

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FedEx Turns to Blockchain to ‘Transform the Logistics Industry’

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Shipping and logistics behemoth FedEx is firmly turning to decentralized technology by implementing blockchain solutions into its core processes. Global delivery giant FedEx is working with the Blockchain in Transport Alliance (BiTA) – a working group of leading freight, shipping and logistics companies coming together to develop and implement blockchain technology among everyday operations. First reported by industry publication FreightWaves, FedEx is specifically delving into creating uniform logistics standards for blockchain applications across the industry. BiTA, which…

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SPECTRE Creators Propose ‘PHANTOM’ Blockchain Protocol

The researchers behind the SPECTRE and GHOST distributed ledger projects have proposed a new blockchain scalability proposal. Called PHANTOM, the protocol claims to provide transaction confirmation that is “secure under any throughput that the network can support” – smart contracts included. Yonatan Sompolinsky and Dr. Aviv Zohar outlined the new protocol in a paper published this week, building on SPECTRE, which proposes to replace the normal block structure with more scalable “directed acyclic graphs of blocks”( blockDAGs). The team describes the tech as “a generalization of Satoshi’s chain which better suits a setup of fast…

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UNICEF Announces Funding Call for Blockchain Startups

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. UNICEF, the United Nations Children’s Fund, has announced funding for Blockchain-based startups through the UNICEF Innovation Fund. The organization is making available seed funding, ranging from $50,000 to $90,000, for startups with the capacity for positive global impact. The tender states- “We are interested in companies that use distributed ledger tech in new, groundbreaking, ways that are scalable, and globally applicable.” According to the tender,  the fund is open, but not limited to, proposals from startups regarding Smart…

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Intel’s Hyperledger Blockchain Is Now Ready for Business

Long considered one of the most promising codebases hosted by the Hyperledger blockchain consortium, Intel’s Sawtooth software is officially ready for enterprise use. Revealed today, version 1.0 of the technology provides what might be expected, features inspired by bitcoin and other public blockchains, but repositioned for enterprise. Yet, what its team of 50 contributors (from startups Bitwise and R3, to corporates Red Hat and Capital One) hope will distinguish the solution is its modular functionality, designed to give enterprises across industries a head-start on meeting consumer and regulatory demands. Among…

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WWF Uses a Blockchain to Eradicate Illegal Fishing in the Tuna Industry

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The World Wide Fund for Nature (WWF) has started using blockchain technology to stamp out illegal fishing in the tuna industry, making it the first of its kind. According to an announcement from the organisation the transparency of the distributed ledger will prevent consumers from purchasing tuna from illegal, unreported, and unregulated fishing in the Pacific Islands. Additionally, it will help to eradicate human rights abuses. This is just another example of how the blockchain is being…

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