In our “Blockchain” section, we explore the technology behind cryptocurrencies and decentralized systems. Here you will find explanations of how blockchain works, its real-world applications, and the latest developments in distributed ledger technologies. Read the “Blockchain” section on ForkNews to understand how blockchain is transforming digital infrastructure and finance.
The Bank of England is undertaking a complete overhaul of its interbank payment system and will open the network to fintech firms that process transactions via the blockchain network.
Google, following Amazon and Microsoft, is exploring the blockchain space. Distributed ledger technology provider Digital Asset has announced a partnership with Google to bring “tools for blockchain platforms and developers” to the Google Cloud Platform.
According to a report from local news source ZDNet, Nanjing, the main city of Jiangsu province, has created an investment fund to promote blockchain technology and the cryptocurrency economy.
Of course, now a friendly chorus of voices will be heard: “Satoshi Nakamoto!” But if you think about it and look around a little, the answer will not be so obvious, and the old saying “The new is the well-forgotten old” will sparkle with new colors.
Payment giant American Express has begun developing its Blockchain system, which automatically assesses transaction risks and determines whether to approve or reject a payment transfer.
Turkey's largest mobile operator Turkcell announced today that it will collaborate with fast-growing blockchain consortium Carrier Blockchain Study Group (CBSG).
Behind the loud hype and monetary investments in the blockchain and cryptocurrency markets, it can be difficult to realize how young this industry really is. Widespread consumer acceptance has not yet been achieved, nor have many promising projects been launched.
Despite its criticism of Bitcoin and other cryptocurrencies, Mastercard was awarded another patent this week related to distributed ledger technology. However, this particular patent raises many questions.
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