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A Tasty Use For The Blockchain

In keeping with our current theme, we are exploring which industries we expect to be transformed by blockchain technology in 2019. Simply put, more and more people are starting to learn about blockchain technology and it’s possibilities. Because of this, more companies are exploring how the technology can impact their services and their industry. This, comes off the back of a great deal of FOMO, given that many people believe the rise of blockchain will be on the same scale as the rise of the internet. As we know now, the companies such as Google and Amazon that managed to...

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2,000 Fintech License Applications Being Fast Tracked In Israel

The fintech regulator in Israel is moving its licensing regime in order to encourage further competition in the field. According to an announcement made on Monday, the Capital Market Authority in Israel is looking to alter how fintech licenses are distributed in the nation. The state regulator is currently sifting through some 2000 fintech and blockchain firms for regulation. Because of the massive demand, the authority is setting up a licensing fast track, to make the job easier for them.  According to ta report by Calcallist, the fast-tracking program consists of creating small industry-specific authority teams reviewing applications. The head...

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Ethereum Blockchain Almost Full Leaving Scalability More Important Than Ever

Recently speaking to The Star news outlet earlier this week, the co-founder of Ethereum, Vitalik Buterin reiterated his views on the Ethereum blockchain in that it faces a major scalability barrier. He explained that the blockchain is “almost full” but dealing with this problem would not only reach further adoption but would also reduce transaction costs. Buterin has stated: “Scalability is a big bottleneck because Ethereum blockchain is almost full. If you’re a bigger organization, the calculus is that if we join it will not only be full but we will be competing with everyone for transaction space. It’s already...

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Singapore's Fast-Growing Blockchain Industry

In the last few years, the small bustling island of Singapore has emerged as a forerunner in the field of crypto innovation and blockchain technology in Asia. This is primarily fuelled by the support it has received by the government to adopt cutting-edge blockchain technologies, as well as continue research and development in the blockchain arena. In fact, apart from being at the forefront of the blockchain movement in Asia, Singapore-based blockchain projects are also creating a global impact. A few reasons for Singapore's accelerated blockchain growth can be attributed to its free market economy, tax framework, stable socio-political setting...

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Experts Give Their Thoughts On Blockchain And FaceApp Privacy On User Data

Over the past few months, you have probably heard something about an mobile application called FaceApp. This app blew up all over social media so if you haven’t heard about it, not only am I really surprised but here’s a quick recap. FaceApp is a Russian developed mobile app from Wireless Lab which allowed people to take photos of themselves and make themselves look old, young or as the opposite gender. Like all popular internet tends, FaceApp brought up a lot of controversy in regards to users who uploaded their selfies for editing.  Thanks to Artificial Intelligence, FaceApp can edit...

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