Launch Of BBK Might Be A Game-Changer For Blockchain Technology
BBK stands out due to its hybrid PoS/PoA consensus model, allowing for speedy block confirmation and resilient network security.
Apr 10, 2023, 16:02 PM IST
Flipkart joins Polygon to launch metaverse use cases in e-commerce space
Earlier this year, the e-commerce platform announced Flipkart Labs to incubate various solutions to bring innovation to the e-commerce space in the country. With Labs, Flipkart ventured into Web3 and metaverse commerce to explore non-fungible tokens (NFTs), virtual immersive stores, and other Blockchain-related use cases.
Dec 02, 2022, 14:49 PM IST
Britain sets out plan to exploit crypto potential
All stablecoins that reference a fiat currency should be regulated, the government said.
Apr 04, 2022, 22:11 PM IST
PM Narendra Modi interacts with Pradhan Mantri Rashtriya Bal Puraskar recipients, awards digital certificates
Twenty-nine children, including 14 girls, were awarded in six fields -- innovation, scholastic achievements, sports, arts and culture, social service and bravery.
Jan 24, 2022, 13:47 PM IST
Blockchain technology to change society, says Aatash Amir
Either way, PoW mining uses an exorbitant amount of energy, compared to the 0.0006kWh used in Mastercard transactions.
Dec 05, 2021, 15:42 PM IST
CBSE to use Blockchain Tech to secure board exam results documents
CBSE uses Blockchain Technology to record the certificates in a linked chain structure.
Sep 22, 2021, 20:28 PM IST
A 10-second video clip bought for $67K has sold for $6.6 million: Here's the story behind it
It's a new type of digital asset - known as a non-fungible token (NFT) - that has exploded in popularity during the pandemic as enthusiasts and investors scramble to spend enormous sums of money on items that only exist online. Blockchain technology allows the items to be publicly authenticated as one-of-a-kind, unlike traditional online objects which can be endlessly reproduced.
Mar 02, 2021, 11:24 AM IST
Volvo Cars to trace battery cobalt using blockchain technology
Volvo Cars said on Wednesday it will make the cobalt used in its batteries globally traceable using blockchain technology, following an agreement with its two battery suppliers, China`s CATL and South Korea`s LG Chem.
Nov 06, 2019, 20:25 PM IST
Energy-intensive Bitcoin transactions pose environmental threat
Bitcoin and similar blockchain technologies consume more electricity than entire nations may prevent the world from achieving the climate change mitigation targets under the Paris Agreement, a study has warned.
Aug 01, 2018, 16:33 PM IST
TRAI notifies draft norms to curb pesky calls, texts
The new features of the regulation are adoption of Distributed Ledger Technology (or blockchain) as the RegTech to enforce regulatory compliance while allowing innovation in the market.
May 29, 2018, 17:04 PM IST
Blockchain to have mixed implication on banking system: Moody's
Besides, reduction in cost, blockchain technology can decrease time involved in cross-border banking transactions.
Apr 17, 2018, 16:58 PM IST
IBM outranks Microsoft as top Blockchain technology leader
For a layman, a blockchain can serve as "an open, distributed ledger that can efficiently record transactions between two parties".
Sep 19, 2017, 12:42 PM IST
Microsoft announces 'Coco Framework' for blockchain networks
A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.
Aug 16, 2017, 14:42 PM IST
ICICI Bank executes India's first transaction on blockchain
ICICI Bank Wednesday announced that it has successfully executed transactions in international trade finance and remittances using blockchain technology in partnership with Emirates NBD.
Oct 12, 2016, 17:29 PM IST
HSBC, BofA apply blockchain to trade finance, seek more partners
HSBC and Bank of America Merrill Lynch said on Wednesday they had created the world`s first application using blockchain technology to simplify one of the most cumbersome aspects of trade finance.
Aug 10, 2016, 18:14 PM IST
