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Blockchain-Based Solutions Could Revolutionise Remittances

According to a recently published report, by BlockData, blockchain-based money transfers are more than 380 times quicker and almost 130 times more cost effective than those of financial systems. When you take a look at the Ripple transaction speed and fees, these statistics are even more impressive. The report shows us that blockchain based solutions are great for remittance payments. Through a sample of sum 1,800 remittance payments, BlockData found that Ripple, BitShares, and Stellar could turn the industry in another direction.  The reports show that while legacy systems take anywhere between two and five days to settle transactions and...

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Samsung Galaxy S10 Drives DApp Adoption

The cryptosphere is drowning in dApps; dApp users not so much. There are signs that this imbalance is starting to shift, however, thanks to support from an unlikely blockchain ally. Samsung’s integration of crypto-friendly applications, including an array of decentralized apps, has given the ecosystem an unexpected boost. Now the onus is on dApp developers to push out products that can leverage this springboard to drive broader consumer adoption. Samsung Goes DApp Happy When the specs for Samsung’s new smartphone, the Galaxy S10, leaked earlier this year, crypto heads were delighted. The handset would come with a built-in hardware wallet,...

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Next Generation Blockchains: Which Advancements Should We Be Eyeing?

Bitcoin - the original and still de-facto blockchain of choice recently reached its tenth birthday. A mere 10 years later, and the network is still capped at around 7 on-chain transactions per second, with an average block confirmation time of 10 minutes. While it is all-but certain that these technical barriers will eventually be a thing of the past, it is important to note that there are now a range of innovative and somewhat disruptive alternatives that the industry should keep an eye on. Whether it's through increased scalability capacities that can now compete with global legacy systems like Visa,...

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Cardano Teams Up With Berlin Blockchain Venture To Further Adoption

The Cardano Foundation has recently just teamed up with the Berlin blockchain venture studio Konfidio to accelerate the adoption of Cardano. In an announcement published yesterday by the Cardano Foundation, the partnership between the two was announced. The partnership will aim to enable real-world business cases on the Cardano blockchain.  That’s the main goal for this too. At first, the focus will be aimed at use cases in banking, logistics, pharmaceutical industries and trade finance with government and public service use cases to follow suit. The chairman for the Cardano Foundation, Nathan Kaiser has said: “Our strategic partnership with Konfidio...

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Blockstream Hash Rate Could Be Powerful Enough To Attack BCH & BSV

Blockstream, a startup based in Canada, has just launched a service dubbed blockstream mining. This is a mining equipment colocation provider fueled by the companies, powered by the firm’s 300MW energy capacity. Due to this, Blockstream will command around six EH of the BTC mining power when working at full capacity. According to some crypto enthusiasts, its enough hash power to drown both roger Ver’s and Calvin Eyre’s versions of Bitcoin. The ‘angel investor’ WhalePanda wrote this on Twitter last week. “Blockstream now controls more than enough hash rate to attack both BCH and BSV at the same time. Can’t...

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