Monthly Archives: July 2018

Cryptocurrencies are not exactly bathed in the light of righteousness right now when it comes to the environment. Despite not having a physical form, they are ultimately responsible for a substantial amount of environmental impact. This has stemmed from news stories detailing how, in Iceland, more electricity is being used to mine Bitcoin than is…

To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.” It represents a historical reversal of the movement toward an evermore centralized society. “The major problem is…

Google is the latest tech giant to offer blockchain technology to its customers. The company announced that it would be introducing open-source integrations for applications built with both Ethereum and Hyperledger later this year through its Google Cloud Product marketplace. Speaking with Bitcoin Magazine, executive director of Hyperledger Brian Behlendorf explains, “This decision follows a…

Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. Banks must allow customers ownership…