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.
Huawei recently announced the launch of Cloud Blockchain Service (BCS). The launch is another step by the company in the direction of the blockchain industry. In October this year, Huawei launched a commercial service for Chinese users.
Tron announced its plans to launch a blockchain gaming fund, dubbed Tron Arcade, in a press release issued on November 29. The Tron Arcade Fund, which was created to "empower developers", will receive $100 million in investments over the next three years.
The VAKT platform is a post-transaction process management system, allowing you to agree on the terms of purchase and sale and monitor the supply of raw materials. The goal of the platform is to digitalize the global trade industry by creating a reliable ecosystem on the blockchain.
If the test is successful, a cloud-based blockchain voting system will soon be launched in South Korea. According to The Korea Times, development of the system will be completed in December. South Korea's National Election Commission and the Ministry of Science and IT have jointly developed a system that will improve the security and reliability of online voting.
Startup Securitize has raised nearly $13 million in a Series A funding round as part of its initiative to issue digital products of traditional securities on the blockchain.
Telegram, the messaging operator that has raised over a billion dollars in past investment rounds to build its own blockchain platform, has published an update on the development of TON (Telegram Open Network).
The Democratic Party of Thailand, the country's main opposition party, has become the first major political party in the world to hold a primary election on the blockchain. Using an electronic voting system based on the Zcoin blockchain, the party successfully conducted its elections, with more than 120,000 voters participating.
Spanish telecommunications company Telefónica has agreed to collaborate with IBM and will use its blockchain platform to optimize its core network and business processes. The company intends to thus optimize the processes of recording data and information received from various sources.
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