blockchain

Samsung, a leading technology company in South Korea, announced the release of a beta software development kit (SDK) based on the Ethereum blockchain for the latest Galaxy line of smartphones. This release, as claimed by Samsung, is an extended set of all SDKs and provides “the full range of features that any decentralized application (DApp) needs. At this stage, according to the official report, the decision of Samsung […]

Shell, one of the five largest oil and gas companies in the world, has invested an unnamed amount in an energy blockchain-startup LO3, Forbes reports. LO3 based in New York is known as the developer of the Exergy platform, which uses the Ethereum blockchain to track power consumption. For Shell, this is the fourth public investment in blockchain projects. Earlier, the Dutch company has invested in platforms Vakt, Komgo and […]

The Government of the Russian Federation and the state corporation Rostec on Wednesday, July 10, signed an agreement of intent for the development of technologies of the distributed registry in the country. This was reported on the official website of the President of Russia. Agreements with Rostec, as well as with several other large corporations that will be engaged in the development of high-tech areas, were concluded in the framework of Vladimir Putin’s instructions given to them during […]

The head of the blockchain division of Facebook, David Marcus, in his letter to the House of Representatives Financial Services Committee assured the congressmen that the company would make every effort to ensure the security of personal data of users preparing to launch the Libra project. It is reported by The Hill. In particular, Marcus declared his readiness to provide personal guarantees that “in order to do […]

South Korean giant LG Electronics is presumably working to create a cryptocurrency wallet, as evidenced by the application on the website of the United States Patent and Trademark Office. The application states that the corporation registers the ThinQ Wallet trademark, which involves several usage scenarios, including a “software computer platform for the blockchain”, a “mobile electronic wallet for cryptocurrencies” and a “payment application for mobile phones”. Remarkably, […]

Representatives of the South Korean technology giant Kakao said that their new blockchain, Klaytn, is 15 times faster than Ethereum, reports The Korea Herald. Also during a press conference in Seoul, blockchain-unit GroundX reported that Klaytn is capable of processing 300 transactions per second. At the same time, the capacity of Ethereum is limited to only 20 transactions per second. The head of GroundX, Han Jae Sung, stated […]

Specializing in private key management solutions, Torus raised $ 2 million seed investment. We're excited to announce our $ 2 million raise with @multicoincap, @BinanceLabs, @coinbase, @Accomplices, Sixth Horizon, and Decentralized Ecosystem! https://t.co/Gq8hQ3ycBm – Torus (@TorusLabs) 9 linis 2019 p. The round of financing was led by the American cryptocurrency fund Multicoin […]