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LATEST NEWS ON BLOCK CHAIN AND ITS APPLICATIONS
Bitcoin's Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27.
Posted On April 23 2022
Turning up the volume: Blockchain projects aim to disrupt the music industry
Music is a tricky business. The industry has its fair share of controversies, from monopolies to the limited earning potential for upcoming artists. While Web2 brought many positive changes, the industry still has a long way. Because of this, projects are trying to utilize blockchain technology to provide new solutions to the age-old music market.
Posted On April 23 2022
Budget 2022: All you need to know about Digital Rupee announced by FM Sitharaman
Finance Minister Nirmala Sitharaman in her Union Budget 2022 presentation today, 1 February, announced that the Reserve Bank of India (RBI) will introduce a digital currency based on blockchain technology in the financial year 2022-23. The move is expected to boost the country’s digital economy and will help in creating a cheaper and more efficient currency management system, according to her Budget speech.
Posted On April 25 2022
Use of blockchain for security and covenant monitoring becomes operational
To begin with, movable assets such as furniture, equipment, inventory and current assets such as portfolio of advances and receivables will be tracked at portfolio level, Sebi says
Posted On April 28 2022
Cryptocurrency exchanges feel pinch as India's new tax regime starts
Domestic cryptocurrency exchanges have witnessed a sharp fall in volumes on the first three days of April following the implementation of the new tax regime. The fall in volumes is between 15 and 55 per cent among various crypto exchanges.
Posted On April 23 2022
Indian Public Sector to be Real Beneficiary of Blockchain Technology: IBM
As enterprises the world over become aware of the benefits associated with moving their operations to the Blockchain-as-a-Service (BaaS) platform, the Indian public sector would be the real beneficiary of this disruptive technology in the days to come, a top IBM executive has forecast. Touted as a key technological innovation of the digital cyptocurrency Bitcoin, Blockchain technology is disrupting traditional processes across industries -- from financial transactions to marine insurance and more.
Posted On April 23 2022
Bitcoin's Unfinished Business: Why Micropayments Still Matter
Tiny, cheap-to-deliver payments can open new markets for small digital goods. Can a new wave of crypto-inflected startups plug a longstanding gap in the internet? This piece is part of CoinDesk's Payments Week.
Posted On April 23 2022
Blockchain Technology, Cryptocurrency and Smart Contracts: How They Can Alter The Future and Real Estate
Saturday Night Live does a great skit every week called Weekend Update, and when Elon Musk guest-starred he played a character named Lloyd Ostertag, who came on the news show spoof. The character was a quirky, nerdy but likable kind of guy (similar to Musk himself) who was talking about DogeCoin, Bitcoin, and other cryptocurrencies, and trying – albeit unsuccessfully – to explain it to the host.
Posted On May 04 2022
When Blockchain Technology meets real estate
The integration of blockchain technology with the real-estate sector could bring a lot of benefits for the industry, including increased trust, enhanced loyalty, proficient data management and access to real-time information.
Posted On May 04 2022
