IBM and PIL Pilot a Blockchain-Powered Platform to Track Orange Shipments

IBM and PIL Pilot a Blockchain-Powered Platform to Track Orange Shipments

Food traceability is one of the most prominent issues of the market today. There is a special need for a solution that can help improve the current environment and provide true traceability and transparency. Blockchain can help with that, as proven by the recent successful pilot project by Pacific International Lines (PIL) that collaborated with IBM to track orange shipments to China using blockchain for the Chinese new year. Pilot exercises like these can prove…

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Fujitsu Boasts 40% Higher Efficiency for Blockchain-Powered Electricity Exchange

Fujitsu Boasts 40% Higher Efficiency for Blockchain-Powered Electricity Exchange

Innovations powered by blockchain are coming to light every day, and new uses of the distributed ledger technology are being realized regularly, allowing blockchain to seep into every part of life. Now, the Japanese IT giant Fujitsu has developed a blockchain-based system for electricity exchange between enterprise consumers that aims to facilitate a more stable energy supply at peak periods. The news was announced by Fujitsu on Wednesday. Fujitsu said that they had collaborated with…

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Nasdaq CEO: Cryptocurrency “Deserves an Opportunity to Find a Sustainable Future in our Economy”

Nasdaq CEO: Cryptocurrency “Deserves an Opportunity to Find a Sustainable Future in our Economy”

If there’s one traditional “old-fashioned” (relatively speaking) financial institution that is also pro-crypto, then it is probably the second-largest stock exchange globally by market capitalization, the Nasdaq. After in December 2019 it was confirmed that the Nasdaq will list Bitcoin futures in 2019, now the Nasdaq CEO has made several fascinating mostly pro-crypto remarks. Adena Friedman, President and CEO of Nasdaq, published a LinkedIn article entitled “New chapters in innovation and disruption will be written…

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Outside Audit Confirms Circle’s Stablecoin USDC Is Fully Backed by USD as of the End of 2018

Outside Audit Confirms Circle’s Stablecoin USDC Is Fully Backed by USD as of the End of 2018

One of the fastest growing sub-industries in the crypto sphere over the past year was the world of stablecoins – digital assets that represent a traditional financial asset and that are also fully backed by it. While the prospect of acquiring a cryptocurrency that has an actual backing to it allures many investors, there is also a cloud of skepticism enveloping stablecoins; and at least in some cases these doubts are justified. For instance, the…

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Russian Prime Minister Medvedev: Don’t Bury Cryptocurrencies Yet!

Russian Prime Minister Medvedev: Don’t Bury Cryptocurrencies Yet!

Russia generates quite a lot of crypto-related headlines lately. Is it just a coincidence that many cryptocurrency events currently surround Russia, or is it some sort of coordinated effort of the Russian Federation to use cryptocurrency? And now more interesting crypto news are arriving from Russia, this time directly from the state’s Prime Minister Dmitry Medvedev. During a speech at the plenary meeting of the 10th Gaidar Forum where he delineated global challenges that the…

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Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

A lot of parents set aside each month a little money for their children’s college fund, and many are doing so from very early on of their child’s infancy. But very few are asking for donations for their newborn’s future education, even less so in a public media outlet, and only one couple to date has done so via cryptocurrency. On January 6th, 2019, Izabella Anna Bowles was born. Shortly thereafter, her full name was…

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Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

So this is something you don’t see every day – a hacker who had already managed to swipe around $217,00 in cryptocurrency from the crypto exchange Gate.io, has returned about half of it. Why? No one knows. On January 7, a mysterious hacker succeeded in the heist of approximately $217,000 in the digital currency Ethereum Classic (ETC) from Gate.io throughout what is now known as the “51% attack.” In this sort of hacking attack, the…

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AllStocks Network – January 2019 Update

AllStocks Network – January 2019 Update

Hi everyone! Considering that a little over a month has passed since our last update, we thought it would be a good time to give you a brief report about the progress we’ve made over the past month – especially with the development of our crypto exchange platform, which is headed by our fearless chief technology officer Oren Nataf. Here are the primary checkpoints that we’ve marked recently: We’ve completed the integration of our exchange…

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Epic Games CEO: Oops! Enabling Monero in Fortnite Store Was Accidental; No Talks with any Crypto Company

Epic Games CEO: Oops! Enabling Monero in Fortnite Store Was Accidental; No Talks with any Crypto Company

Oh Monero, Monero… this must be really awkward for you. (And to be honest, for us too.) After last week we reported that the official merch store (Retail Row) of the incredibly popular video game Fortnite opened its crypto payment gates exclusively to Monero, now we can report that… well, oopsy doopsy, it appears that it was all just an intentional mistake of sorts, and the implementation of such a cryptocurrency payment option had been…

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Popular Video Game Fortnite Enables Monero Payments in its Official Merch Store

Popular Video Game Fortnite Enables Monero Payments in its Official Merch Store

With over 200 million registered users, Fortnite is one of the most popular video games in the world right now – and probably in history as well. According to various reports, in any given moment there are millions of users from all corners of the globe playing the game, whilst it has hit an astounding record of 8.3 million players online in November, 2018. And with that kind of almost unfathomable popularity, Fortnite now jumps…

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