Articles about Blockchain

Blockchain is a term thrown around loosely associated with cryptocurrencies. However, as the name suggests, a blockchain is a series of blocks of data that are interlinked and irreversibly recorded across a distributed computing network that operates just like torrents. These data blocks usually contain a cryptographic hash of the previous block, a timestamp, and transaction data. Since Each block contains data about the previous one, it is harder to corrupt such that I card since changing one block would mean that every subsequent block after that would have to be changed as well. The blockchain was invented by a person or probably a group of people under the pen name Satoshi Nakamoto in 2008 to serve as a transaction ledger for the Bitcoin cryptocurrency. Interestingly, Bitcoin is the world’s first open-source, decentralized cryptocurrency. To this day, the identity of Nakamoto remains unknown. Like torrents, Blockchains usually use a peer-to-peer network so the ledger of transactions is distributed across multiple computers, thereby making it more tamper-resistant, secure, easily accessible, and transparent.

14 Oct 2022

Samsung announces Knox Matrix, a private blockchain security system

A good home needs proper security. As the home becomes advanced, so should the security.

28 Jun 2022

Mukesh Ambani
Akash Ambani appointed as the new chairperson of Reliance Jio

Akash Ambani has been named the new chairperson of Reliance Jio Infocomm Ltd, the digital arm of Reliance Industries.

25 May 2022

Adam Neumann's Flowcarbon raises $70mn through VC funding, token sales

WeWork co-founder Adam Neumann is back with a new blockchain-based carbon credit company dubbed 'Flowcarbon.' The startup has now raised $70 million in a funding round led by Andreessen Horowitz's crypto division.

15 Nov 2021

Here's what the Bitcoin Taproot upgrade changes for its stakeholders

One of the world's most renowned cryptocurrencies, Bitcoin, has received its first upgrade in four years after the shareholders arrived at a consensus to proceed with it.

13 May 2021

Elon Musk
Tesla stops accepting Bitcoin as it is not environment-friendly

Tesla CEO Elon Musk has been a vocal promoter of cryptocurrency and electric mobility. Late in March, Tesla announced that it would accept Bitcoin as payment for its cars.

01 May 2021

Non-Fungible Tokens
Disaster Girl has sold her viral meme for $500,000

Although you might not remember Zoë Roth by her name, you would have probably seen her in the legendary meme that came to be known as "Disaster Girl".

28 Mar 2021

Non-Fungible Tokens
Million-dollar NFTs could disappear with time if they aren't maintained

Non-Fungible Tokens (NFTs) are all the rage these days with completely virtual entities such as Jack Dorsey's first tweet, the world's first virtual house, famous memes, and digital art being sold for millions of dollars online.

25 Mar 2021

World's first digital (virtual) house has been sold for $500,000

Not long after NFT or Non-Fungible Tokens took the art world by storm with the sale of a JPG file for $69 million, now someone has sold a virtual house for half a million dollars.

17 Mar 2021

#NewsBytesExplainer: How the Blockchain technology is shaping the future

The term "blockchain" is thrown around with cryptocurrency and Bitcoin quite often. Blockchain is a type of database, which is essentially an organized collection of information that can be accessed and manipulated simultaneously by multiple users.

07 Mar 2021

Twitter CEO Jack Dorsey is auctioning off the first-ever tweet

Twitter CEO Jack Dorsey has put up his first-ever tweet for sale as a non-fungible token (NFT). The tweet reads "just setting up my twttr" and was posted on March 22, 2006.

13 May 2020

Telegram shutters its cryptocurrency project: Here's why

Telegram, one of the biggest messaging platforms in the world, has decided to shutter its blockchain and cryptocurrency project - the Telegram Open Network (TON).

30 Apr 2020

Soon, HTC's blockchain phone will let you mine cryptocurrency

HTC's Exodus line of smartphones, aimed at cryptocurrency users, is set to get the ability to mine digital coins.

Supreme Court allows cryptocurrency trading, quashes RBI's ban

In a major development, the Supreme Court of India has allowed cryptocurrency trading in the country.

29 Jan 2019

Two hacker groups stole $1 billion in cryptocurrency: Details here

If you think cryptocurrency hacks are not that common, think again!

14 Dec 2018

Patent suggests Samsung could be working on a blockchain smartphone

Samsung, one of the world's biggest electronics company, could be working on a blockchain-based smartphone.

04 Sep 2018

Japan tests its first blockchain-based voting system

We've all heard enough about the potential of blockchain technology, and now, Japan has deployed a blockchain-based voting system.

27 Aug 2018

Tech Mahindra, Microsoft to use blockchain technology against spam calls

In a bid to crack down on spam marketing calls and SMSes, Tech Mahindra, on Monday, announced a partnership with Microsoft that will use blockchain technology to fight the spam call menace.

20 Aug 2018

Pornhub wants to pay cryptocurrency to users for watching porn

The adult entertainment industry has long been an early technology adopter. And now, Pornhub subsidiary Tube8 is looking to reward porn-watching with cryptocurrency.

13 Jul 2018

Android Oreo
Sirin Labs' Finney: World's first blockchain smartphone launching this November

Finney, the world's first blockchain-powered smartphone, will reportedly launch in select markets in November this year.

23 Jun 2018

6 innovative smartphones with extraordinary features you should know about

Smartphone technology is evolving rapidly, and device makers are constantly striving to bring the best smartphones not only with high-end specs but also unique features.

19 Jun 2018

BitTorrent is being sold for $140mn to blockchain start-up Tron

BitTorrent, one of the most recognizable brands in the world, is reportedly being bought by blockchain-based start-up Tron for a whopping $140mn, according to TechCrunch.

07 Jun 2018

7 start-ups that are currently hiring in Bengaluru

The tech capital of India, Bengaluru, is home to some of India's best companies to work for.

12 May 2018

Sirin Labs unveils Finney, the world's first blockchain smartphone

Switzerland-based Sirin Labs has introduced the world's first blockchain smartphone.

12 May 2018

Facebook might launch its own cryptocurrency in the future

According to reports, Facebook is contemplating creating its own cryptocurrency.

02 Apr 2018

Telegram raises $1.7 billion from two pre-ICO sales

Secure messaging app Telegram has raised a total of $1.7 billion from two pre-sales prior to an Initial Coin Offering (ICO) for creating its own Blockchain platform "Telegram Open Network" (TON) and native cryptocurrency "Gram."

22 Mar 2018

Bitcoin will be world's only currency in 10yrs: Twitter CEO

Twitter CEO Jack Dorsey has said in an interview that bitcoin will become the world's "single currency" within the next 10 years.

01 Feb 2018

#DecodingBudget: What does India Inc think of Budget 2018?

At 11am, India Inc tuned in to watch FM Arun Jaitley present the government's last full-fledged Budget before 2019.

01 Feb 2018

#DecodingBudget: Announcements for Digital India made by FinMin Jaitley

Finance Minister Arun Jaitley has presented the much-awaited Budget for 2018-19. While it's largely focused on agriculture, rural development, and healthcare, Jaitley also made key announcements for Digital India, giving a push to usage and development of technology.

12 Jan 2018

Sexual Harassment
This app lets users enter legal contracts for consensual sex

Dutch company LegalThings has created a new app called LegalFling that formulates legally binding contracts for consensual sex.

20 Nov 2017

SBI to integrate "Blockchain" for Smart Contracts, KYC next month

State Bank of India has announced that it would soon start using "Blockchain Technology" for its products.

07 Sep 2017

Bitcoin wallet provider Blockchain enters India via Unocoin tie-up

New York-based Bitcoin wallet provider and software developer Blockchain will now enter the Indian market via a strategic partnership with Bengaluru-based crypto-currency exchange Unocoin.

Litecoin can be your first cryptocurrency investment

While cashless transactions via mediums like Paytm and MobiKwik are quite popular now, the acceptance of digital currencies or cryptocurrencies is also on a rise; some parts of the world will now even accept them instead of cash.