How Blockchain is Transforming the eCommerce Industry

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New technologies tend to disrupt existing systems and the blockchain is no exception. This technology is bringing about changes to both small and large market structures. One industry that is experiencing the power of blockchain technology is the eCommerce. The eCommerce industry is currently experiencing a significant turnaround all thanks to blockchain technology. Even before … Continue reading “How Blockchain is Transforming the eCommerce Industry”

Bank of America Leads in Blockchain Patents, But Not In Application

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Bank of America (BoA), the second largest bank in the United States, currently holds the most blockchain tech patents in the world.  However, they have yet to implement any, and many are skeptical of the bank’s motives.  On October 30, BoA was awarded their most recent patent for a private key storage solution bringing their … Continue reading “Bank of America Leads in Blockchain Patents, But Not In Application”

Justin Sun Twitter: TRON to Partner with Industry Giant?

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On Twitter, CEO Justin Sun announced TRON was partnering with an industry giant worth tens of billions of dollars. “Finally, first time to partner with tens of billions USD valuation industry giant.  Guess the name #TRON $TRX,” he tweeted. Alibaba, Sony, Disney, Baidu? While Sun didn’t provide any further details on who it could be, … Continue reading “Justin Sun Twitter: TRON to Partner with Industry Giant?”

Cisco, IBM and Alibaba File for New Blockchain Patents

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Blockchain adoption is picking up considerable momentum. “Everyone is talking about blockchain, and no one wants to be left behind,” according to PwC’s 2018 Global Survey, which included 600 executives. Corporate American Filing for Blockchain Patents Just weeks ago, Mastercard filed a patent titled, “Method and System for Recording Point to Point Transaction Processing” reveals … Continue reading “Cisco, IBM and Alibaba File for New Blockchain Patents”

Alibaba’s Jack Ma: This is the Industry Blockchain needs to Target

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Artificial intelligence, blockchain and the Internet of Things (IoT) will all be meaningless if they don’t focus on the manufacturing industry. That’s according to Alibaba’s Jack Ma at the World AI Conference 2018 “The data age is [a] major opportunity for manufacturers to reform the industry. But blockchain and IoT will be meaningless tech unless … Continue reading “Alibaba’s Jack Ma: This is the Industry Blockchain needs to Target”

Baidu Joins China’s Cryptocurrency Blockade

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As China moves to crackdown on cryptocurrencies, major companies are quickly distancing themselves from digital currency. In fact, Baidu just joined a growing list of companies doing so. Baidu is now filtering, deleting and banning any cryptocurrency-related publications on its Reddit-like Baidu Tieba forum platform. Already, cryptocurrency content on the forums has “disappeared without a … Continue reading “Baidu Joins China’s Cryptocurrency Blockade”