Technology News
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Ripple Upgrades XRP Ledger Version to 1.2.0 With New Features and Improved Security
- February 16, 2019
- Posted by: Dollar Destruction
- Category: Cryptocurrency News, Technology News
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Ripple remains focused on evolving as a company with a better product every day and does not let statements from competitors such as SWIFT and JP Morgan distract them from their goal. In an announcement posted on its official website on 13 February 2019, Ripple, the company behind the popular XRP token and other blockchain-based
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Introducing Baidu Blockchain Engine
- February 16, 2019
- Posted by: Dollar Destruction
- Category: Technology News
Baidu Cloud rings in the Chinese New Year with a new blockchain engine. On February 14, Chinese company Baidu Cloud introduced its Baidu Blockchain Engine (BBE), an operating system to help developers create dApps. BBE has three primary components: artificial intelligence, big data, and cloud computing. Baidu Cloud says this “ABC” principle determines the superstructure:
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Luxembourg Bill Provides Regulation Framework For Blockchain Securities
- February 16, 2019
- Posted by: Dollar Destruction
- Category: Technology News
The European country updates its definition of dematerialized securities to include documents registered on a blockchain. Luxembourg’s Chamber of Deputies, the country’s 60-person parliament, approved bill 7363 on Thursday, February 14, thereby establishing a regulatory framework for securities issued on blockchains. Passing with 58 parliament members voting yes and two voting no, the bill aims
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Italy’s Banking Association Moves Forward With Interbank Blockchain Project
- February 15, 2019
- Posted by: Dollar Destruction
- Category: Technology News
Italy’s banking sector joins the country’s growing interest in blockchain technology. The Associazione Bancaria Italiana (ABI), Italy’s national banking association, has moved into a “pre-production” phase of an interbank blockchain solution that ended its first round of pilot testing in September 2018. According to a report from FinTech news outlet Finextra, the initial group of
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HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%
- February 14, 2019
- Posted by: Jonny Vector
- Category: Cryptocurrency News, Technology News
An HSBC executive has said that the bank’s blockchain-based system has helped it cut the costs of settling foreign exchange trades. Speaking to Reuters, Mark Williamson, chief operating officer of FX cash trading and risk management, who oversees the blockchain project, said that its HSBC FX Everywhere platform saved it 25 percent as compared with traditional
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New Smartphone Authentication Method Reads Lips
- February 13, 2019
- Posted by: Dollar Destruction
- Category: Technology News
Forget fingerprints. Move those lips. A new method of user authentication that reads the patterns of a person’s lips could be coming to mobile devices, according to a study published by researchers from Shanghai Jiao Tong University and Indiana University-Purdue University in January. The study emphasizes the need for stronger tools to identify users logging
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Western Union Acknowledges Experiments With Ripple Tech
- February 12, 2019
- Posted by: Jonny Vector
- Category: Cryptocurrency News, Technology News
A senior executive at Western Union has announced the company is getting “ready” for a surge in cryptocurrencies, and is currently trialing some of the technology developed by Ripple Labs for use in its settlements services. Molly Shea, the General Manager of Asia Pacific at Western Union, explained in the Analyse Asia podcast that the financial services company –
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IBM Blockchain Project Looks To Track Groundwater Aquifer Usage
- February 9, 2019
- Posted by: Dollar Destruction
- Category: Technology News
The project will track groundwater usage and allow farmers to sell their groundwater shares. Tech giant IBM has partnered with the nonprofit organization Freshwater Trust and satellite-connected sensor provider SweetSense in a blockchain pilot project that will work to monitor and track groundwater usage in California’s Sacramento-San Joaquin River Delta. The 1,100 square mile river
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Nano-switches made out of graphene could make our electronics even smaller
- February 8, 2019
- Posted by: Jonny Vector
- Category: Technology News
For the first time, physicists have built reliable, efficient graphene nanomachines that can be fabricated on silicon chips. They could lead to even greater miniaturization. The chances are that you own a microelectromechanical device—probably dozens of them. These devices fill the modern world. They make possible the accelerometers in smartphones, the microphones in laptops, and the
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11 New Partners Join Ripple’s University Blockchain Research Initiative
- February 8, 2019
- Posted by: Dollar Destruction
- Category: Cryptocurrency News, Technology News
Ripple’s initiative aims to accelerate research and development of blockchain, crypto, and digital payment technology. Eleven top-tier academic institutions from the US and around the world have joined Ripple’s University Blockchain Research Initiative (UBRI), according to a February 7 announcement. The UBRI was launched in June 2018 and aims to “accelerate academic research, technical development