Second-Largest Indian State to Use Blockchain in Various Spheres

The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.  According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management.  The Maharashtra Information Technology…

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Newegg Adds Bitcoin Payment Option to 73 More Countries

California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries. Bitcoin payment remains unavailable in six out of over 80 Newegg-served countries Following the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) in almost all of the countries under Newegg’s coverage, according to a press release…

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Republic of San Marino Signs MoU With Blockchain Platform VeChain

The Republic of San Marino has signed a Memorandum of Understanding (MoU) with blockchain application platform VeChain. Per the agreement, the two entities aim to deploy blockchain technology to incentivize sustainable ecological behavior from citizens, local news agency askanews reported on July 22. The MoU was signed between San Marino Secretariat of Industry, Craft, Trade,…

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Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from…

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Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by Cointelegraph Brazil on July 12. The blockchain-based solution, called Online Bid Solution (SOL) was reportedly developed by Cayenne Technology and Design. Bids will reportedly be completely transparent and secure…

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Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods

United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously reported, the Bitcoin (BTC) Lightning Network is a second-layer solution to bitcoin’s scalability limitations, opening payment channels between users…

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Blockchain and AI Bond, Explained

5. Even with these challenges ahead, several companies and organizations are already introducing AI into blockchain to produce results. There are already several promising projects merging the technologies that span a variety of fields. Recently, blockchain-based Cortex has announced the launch of an AI-based network for decentralized applications (DApps), which can help optimize financial services. The company hopes…

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Binance Report: Bitcoin Decorrelated with Other Cryptos in Q2 2019

Bitcoin’s (BTC) has become less correlated with other cryptos in Q2 2019 due to a potential “flight-to-quality” in the recent bull run, according to a Binance report on crypto correlations released on July 5. In its “2019 Q2 Crypto-Correlations Review,” Binance specified that average correlation between Bitcoin and all other major crypto assets declined to…

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