Could Blockchain Prevent the Internet of Vulnerable Things?

Could Blockchain Prevent the Internet of Vulnerable Things? The Internet of Things is coming. Unfortunately, connected devices have a variety of vulnerabilities and almost any smart device is a vulnerable device. Security issues include technical problems (outdated software, insecure data transmissions, etc.) and people problems (simple and default passwords, public Wi-Fi, etc.). As more devices connect to…

Blockchain and IoT: A Merger that Guarantees Valid…

Blockchain and IoT: A Merger that Guarantees Valid and Secure Transactions IoT (Internet of Things) is increasingly creating new opportunities for businesses as well as markets. And the technologies that created IoT is not changing the Internet, but everything that is connected to the Internet. In fact, IoT connected devices are generating so much data that…

Australian Government Publishes Update on Cryptocurrency and ICO Rules

Australian Government Publishes Update on Cryptocurrency and ICO Rules Australian Government Publishes Update on Cryptocurrency and ICO Rules The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency…

Europe’s largest port set to test its blockchain-powered energy

Europe’s largest port set to test its blockchain-powered energy trading platform But it’s not the whole solution Europe’s largest ferry port is readying its blockchain-based energy trading application for deployment. The Port of Rotterdam announced last week that its blockchain-based energy trading platform is “complete in principle” and it will begin testing it in the coming months.…

HSBC leans on blockchain tech to process $250b worth of fx transactions

HSBC leans on blockchain tech to process $250b worth of fx transactions   Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth $250bn. If previous statements are anything to go by, HSBC likely used a permissioned (aka private) blockchain to carry out…

6 Ways Blockchain Revolutionizes Digital Marketing

6 Ways Blockchain Revolutionizes Digital Marketing Blockchain technology is often associated with bitcoin and cryptocurrencies that are not only disrupting the financial sector but transforming the way various industries do business. Blockchain is a decentralized technology, which is considered to be the next huge wave in technology. It has everything documented and verified, allowing decentralized communication between different…