Siemens invests in blockchain energy startup LO3
Dec 21, 2017 07:00 am UTC| Digital Currency
LO3 Energy, a blockchain energy startup, has received an investment from industrial manufacturing giant Siemens, closing its series A. The terms of the investment have not been disclosed. The companies started...
Japanese and South Korean banks launch Ripple pilot for cross-border payments
Dec 21, 2017 06:21 am UTC| Digital Currency
A group of Japanese banks and South Korean banks have come together for a new blockchain pilot. The Japan Bank Consortium has launched a new Ripple pilot with two leading South Korean banks, Woori Bank and Shinhan...
Trezor rolls out hardware wallets for NEM Blockchain
Dec 21, 2017 05:46 am UTC| Digital Currency
The NEM.io Foundation, creators of the peer-to-peer NEM blockchain platform, and Trezor, a cryptocurrency hardware wallet provider, have announced the launch of new firmware and integration into the NEM blockchain. In...
ABI Lab trials R3’s Corda DLT platform for interbank payments reconciliation
Dec 21, 2017 04:59 am UTC| Digital Currency
ABI Lab, in collaboration with NTT Data Italia, is working on a blockchain proof-of-concept for straight-through processing of interbank reconciliations using R3s Corda platform, Finextra reported. ABI Lab will look...
Waves launches blockchain incubator ‘Waves Lab’
Dec 21, 2017 04:09 am UTC| Digital Currency
Blockchain platform Waves has announced the launch of Waves Lab a blockchain incubator that will support pre-ICO projects and teams who are building disruptive solutions using its infrastructure. Waves Lab will provide...
Bitcoin's energy use is out of control ... but maybe that's the point?
Dec 20, 2017 18:21 pm UTC| Insights & Views Digital Currency
The soaring value of Bitcoin is encouraging more and more companies and individuals to engage in mining. Mining is actually a process which secures the distributed Bitcoin network, and processes all of its transactions....
How blockchain technology could transform the food industry
Dec 20, 2017 18:08 pm UTC| Digital Currency Insights & Views
There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next biggest economic revolution the world has seen since the internet....