Blockchain

Baltic Finance Ministries Decide to Support Blockchain Technology Development

7 days ago 7ring 0
The finance ministries of the Baltic states have expressed their support to the development of Blockchain or distributed ledger technologies (DLT). The aim is to help in the advancement of capital market innovations. In their recent Memorandum of Understanding (MOU), the ministries for Estonia, Latvia and Lithuania have announced their cooperation on several actions aimed Read More

UN Partners WIN to Fight Child Trafficking With Blockchain

7 days ago 7ring 0
The United Nations (UN) has partnered with the World Identity Network (WIN) to create a Blockchain-based digital identity system to help fight child trafficking around the world. The partners have already launched a pilot test of the system as of mid-November 2017. The partners announced the launching of the pilot program at the Humanitarian Blockchain Read More

First Ever Blockchain Protected Virtual Land Auction

1 week ago 7ring 0
The Virtual Reality world has been heating up with more and more users coming online, as headsets and platforms continue to gain acceptance. This market space has also given rise to a new and interesting asset – Virtual Real Estate. As early as 2003 companies like Linden Labs (developers of Second Life) were already monetizing Read More

Two Companies File for Blockchain ETFs

2 weeks ago 7ring Comments Off on Two Companies File for Blockchain ETFs
Finance Two companies have filed to launch blockchain tracking exchange-traded funds (ETFs) late last week, sparking a new derivative market pertaining to distributed ledger technology. On Thursday, Amplify Investments LLC filed for the Amplify Blockchain Leaders ETF, and Reality Shares filed for the Nasdaq Blockchain Economy ETF. Also Read: Bank of America Bullish on Bitcoin ETFs, Read More

Public Blockchain Projects Lack Proper Funding, Ethereum Co-founder Has Ideas

2 weeks ago 7ring Comments Off on Public Blockchain Projects Lack Proper Funding, Ethereum Co-founder Has Ideas
Vitalik Buterin, the co-founder of Ethereum, has recently been an outspoken critic of the lack of funding for public open-source projects. In a day and age where ICOs are raising more money than traditional venture capitalism, a need has arisen for alternative funding models for projects that contribute to community. Public Blockchains like Bitcoin, Ethereum Read More

Tezos ICO Class Action Lawsuit Now Official, Tim Draper on Defensive

2 weeks ago 7ring Comments Off on Tezos ICO Class Action Lawsuit Now Official, Tim Draper on Defensive
The behemoth Tezos ICO, once the darling of the ICO world backed by VC icon Tim Draper, is now the subject of at least one major class action lawsuit with potentially more to follow. The threat of class action came some weeks back after infighting at the top of the company went public. The class Read More

UK Mint Reveals Live Gold-Tracking Blockchain

2 weeks ago 7ring Comments Off on UK Mint Reveals Live Gold-Tracking Blockchain
The Royal Mint of the United Kingdom has just revealed their live gold tracking mechanism built with Blockchain technology. The tracking system had its first genesis block on Aug. 2 and while still not yet available to the public, has verified more than 50,000 blocks. The Blockchain technology based tracking system is designed to keep Read More

$1 Trillion Industry Being Brought Onto Blockchain

2 weeks ago 7ring Comments Off on $1 Trillion Industry Being Brought Onto Blockchain
Considering the substantial interest that Blockchain technology has received in the past 12 months, it is not surprising that entrepreneurs are finding ways to make new markets in areas that can benefit from crypto. In hospitality, entertainment, technology and dozens of other industries, things like smart contracts and decentralized ledgers never existed before, so a Read More

What Happens When Traders Quit Stock Exchanges for Online Trading

3 weeks ago 7ring Comments Off on What Happens When Traders Quit Stock Exchanges for Online Trading
Hong Kong’s stock exchange has become the first to close down its physical trading floor after 31 years. Because of the changing nature of markets, Hong Kong may just be the first of many to follow this route. The rationale behind the closure is, of course, the rise of electronic and Internet trading. According to Read More

Growing the Garden: How to Use Blockchain in Agriculture

3 weeks ago 7ring Comments Off on Growing the Garden: How to Use Blockchain in Agriculture
The Blockchain phenomenon is gradually settling into people’s lives, making it imperative to understand its applications and limitations. Today, we’re going to discuss how Blockchain can make the food industry better. Our current food system offers a fertile opportunity to explore how the Blockchain technology can interact with our ecosystems — both human and ecological Read More