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.
Google is developing a blockchain that will improve the security of storing transaction data and other information in cloud storage. It is still unknown when exactly the service will be launched, Bloomberg reports.
IBM has developed the world's smallest one-millimeter-square computer and unveiled it this Monday at the Think 2018 conference.
The World Economic Forum, a Swiss non-governmental organization dedicated to promoting international cooperation, recently published a commentary on the social impact of blockchain technology, arguing that “the potential of blockchain technology is too great to ignore.”
IT corporation Intel announced the start of work on a system for protecting copyrights for digital images. Coindesk reports that the company has already filed an application to operate with the US Patent and Trademark Office.
A consortium consisting of AB InBev, Accenture, APL, Kuehne + Nagel and the European Customs Organization has successfully tested a new application based on blockchain technology. This solution, according to the companies, will eliminate paper accompanying documents, saving transport and logistics companies hundreds of millions of dollars per year.
“The government believes that it is necessary to monitor digital currencies, but is aware that excessive tax regulation could be destructive for this market,” says The Nation, Thailand’s national portal
The Internet has transformed the dating industry, and now you don’t need to advertise in the newspaper to find a partner. Blockchain technology offers to secure the virtual dating industry, and a mysterious stranger from the Internet with blue eyes will not turn out to be your neighbor with brown eyes, and she will not be able to defraud you of money for the funeral of your beloved grandmother, because this grandmother was just riding in the same elevator with you.
Due to the lack of regulation, digital currencies remain highly vulnerable to market manipulation. One of these manipulation tools is “fake news,” which is actively used for speculation in the cryptocurrency market.
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