HomeTagtechnology Archives - CryptoTechNews

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CasperLabs, builders of the fully decentralized and scalable next-generation blockchain implementing pure CBC-Casper Proof of Stake (PoS) protocol, has announced the release of Node 0.5. With this release, it is now possible to add nodes to the network and participate in consensus by sending a bonding request. CasperLabs’ Node 0.5 includes all of the necessary features to support a public DevNet with the introduction of validator bonding, unbonding, and the Proof of Stake contract. Together,...

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Artificial Intelligence and robotics have transformed so many aspects of our daily lives. Its power and effects have echoed across numerous industries and fields, from sports to agriculture, business, entertainment, and engineering.  Just as all these industries have benefited greatly from AI, so has the healthcare industry. Healthcare and medicine is one of the world’s leading industries, and the advent and development of Artificial Intelligence has revolutionized it, advancing medicine in ways that didn’t seem...

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Have you got a hold on all the crypto jargon? How about ‘hodl’ or spreading ‘FUD’?The crypto space, like any industry has its own jargon so we thought we would find a guide to get you all over the acronyms and talking the talk. Below our friends at MintDice have created a deep dive into the main crypto terminology. Enjoy! FUD:  This is an acronym that stands for ‘Fear, uncertainty, and doubt.’ Many people in...

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Since the emergence of Bitcoin, loss due to theft has surpassed $1 billion. Cybersecurity’s real issues lies in the systems that have been created around the technology, such as cryptocurrency exchanges, wallets, custodians, security companies and ICO platforms, as opposed to the underlying blockchain structure. Exchange hacks have been the greatest threat to crypto security because when they occur, multiple wallets in the network are affected. Since the first digital currency exchange hack exposed the vulnerabilities of cryptocurrency transactions...

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The blockchain/crypto ecosystem has gone through many ups and downs and the future is still very much unknown. What we do know is that as a new technology, it seems that nothing is ever set in stone or yet really fully understood. Below we quickly revisit the Bitcoin/blockchain timeline and explore what we could expect in the coming years. Where we’ve come from Bitcoin Emerges (Jan ‘09) Bitcoin launches in Jan 2009. Initially, awareness is limited to...

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Amazon shareholders have voted down proposals of the company’s controversial facial recognition tool (Rekognition) and want to limit its carbon output over environmental concerns. The vote came in the wake of the tool having biases such as under-performs at identifying darker-skinned individuals and women, according to some researchers. In an MIT study, when identifying white men, the tool performed with 100% accuracy, but that accuracy dropped dramatically when identifying women of color, to 69%. An...

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Previously in Tokenization 101, we did a deep dived into tokenization, how it works and shared a few examples. Before tokenization becomes mainstream there are some challenges that need to be overcome. Below are some of the present challenges and how a tokenized future could look like. What are the challenges associated with Tokenization? 1. Lack of Tokenization standards and legal infrastructure Tokenization is not simply the creation of a token — any Solidity developer can do it....

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Here is a great example where healthcare could potentially be improved through crypto. I think that is worth reading more… AICoin, a tokenised group that uses profits from cryptocurrency trading to take equity stakes in early-stage AI companies, has just completed its first investment in Sevamob Ventures USA Inc. AICoin, through Tessier-Ashpool PTE Ltd. is the lead investor in this $2,000,000 funding round and will acquire a board seat at Sevamob. Other participants in the round include Sorenson Impact Foundation, Impact...

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Blockchain has been hyped as one of the most important developments for carrying out failsafe transactions over recent years  Blockchain suddenly became the new mantra, beyond question, the universal solution. So far, many have been awaiting the day when blockchain will gain mass adoption. But is this the right question to ask? Beyond the hype cycle, technology industry experts have expressed their views and concerns about blockchain. What if the new technology, as on so many...

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Conceptually, tokenization might seem easy: Issue an ERC-20 token (or any other blockchain tokens), imbue legal rights and ownership rights in the tokens, and you can trade them easily. However, this warrants a much deeper look: how do you distinguish claim rights and ownership rights? What are the differences in tokenization between different asset classes? What is impeding tokenization from adoption? Thinking comprehensively about tokenization requires an understanding of blockchains and smart contracts, legal, finance, and economics....