• Blockchain lost $2.8 billion
    The pandemic has revealed holes in existing supply chain and logistics management that is spurring the blockchain's development (Photo: Pixabay)
    Technology

    Between crypto winter and COVID, blockchain market has lost $2.8 billion since 2018: report

    ABI Research predicts the market will make up the revenue by 2023, due in part to the holes revealed in existing supply chain and logistics management by the pandemic

    November 4, 2020 /

    In a Nov. 4 release, tech market advisory firm ABI Research said it believes that the knock-on effect of the cryptocurrency market’s 2018 downturn—which wiped out 80% of the total cryptocurrency market cap—had far-reaching consequences for the blockchain space.

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  • Digital assets could replace fiat
    Everestian challenges lie ahead if digital assets are to replace fiat, but blockchain technology has moved from the “from the realm of the possible into the world of the practical” (Photo: David Mark/Pixabay)
    Cryptocurrencies,  Politics

    Watch out fiat… 83% think digital assets will be an alternative or a replacement

    Deloitte’s 2020 Global Blockchain Survey paints a picture of a maturing industry, but one where crucial use cases remain extremely underdeveloped

    July 7, 2020 /

    Deloitte’s 2020 Global Blockchain Survey revealed that 83% of respondents believe digital assets will serve as an alternative to fiat currencies within five to 10 years—or could replace old-fashioned banknotes and coins completely.

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  • Blockchain Bill of Rights
    The World Economic Forum wants to bring order to the chaotic world of blockchain development (Photo: WEF)
    Politics,  Regulation

    World Economic Forum unveils ‘Blockchain Bill of Rights’—will it work?

    Achieving consensus in a fragmented landscape isn’t easy. Despite the proposal getting several significant signatories, plenty of hurdles remain

    May 26, 2020 /

    The blockchain industry is a fragmented one—with countless projects forging their own way as they try to find compelling use cases for this technology. But now, the World Economic Forum’s Global Blockchain Council is attempting to ratify some universal standards in a so-called “Blockchain Bill of Rights.”

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  • new price oracle Coinbase
    John William Waterhouse's "Consulting the Oracle" at Delphi in ancient Greece (Photo: WikimediaCommons/US-PD)
    Cryptocurrencies,  Technology

    With new price oracle, Coinbase wades into DeFi

    The crypto giant says current methods used to verify prices are deeply flawed, but claims its oracle could reduce ‘systemic risks’

    April 24, 2020 /

    Aiming to "reduce systemic risks" in the DeFi ecosystem, Coinbase is launching a new price oracle that will provide up-to-date rates on BTC/USD and ETH/USD every 60 seconds.

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