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 Security issues include technical problems (outdated software, insecure data transmissions, etc.)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…

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…

These are the top 10 programming languages in blockchain

Okay, okay: we all know that blockchain and cryptocurrency developers are in demand these days, but what are the most popular programming languages in blockchain development? It turns out that Ethereum‘s Solidity takes the top spot, followed by JavaScript and Java in second and third spot respectively, according to the most common blockchain-related questions on StackOverflow. To…

LocalBitcoins has shut down all trading operations for Iranian users.

Bitcoins Denies Service to Iranian Users The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in…