Major Spanish telecommunications firm Telefónica and IBM have teamed up to apply blockchain technology that will manage international cellular phone call traffic. The seventh biggest telecom company in the world according to market capitalization, Telefónica, per Forbes, is valued at around $51 billion. With 343 million customers, this company does…
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German Logistics Managers Support Blockchain Technology
A new poll in Germany indicates that blockchain technology is gaining favor among logistics managers. One-third of those in these management positions indicated that they believe supply chain logistics can be improved by blockchains. The survey was conducted by Hermes and was published in mid-November 2018. Participants in the survey…
As Prices Rise, Bitcoin Trading Volume Is Taking a Downturn
Bitcoin The trading range of Bitcoin is currently small and getting smaller, which is limiting positional trading opportunities. Experts believe if the price of the digital currency rises above $6,832, it could rise to anywhere from $7,400 to $8,400. On the other hand, if it falls below…
Here's The Latest News About Cryptocurrencies, Hackers And Their Costliness.
Bitmain is one of the largest cryptocurrency mining companies in operation today. The Chinese mining company maintains a large holding of cryptocurrencies on Binance. Currently, Binance is considered one of the safer platforms for trading, but no exchange is immune to theft or security breaches. An unknown hacker breached Bitmain&…
How Cryptocurrency Technology Could Be Applied to Other Economic Sectors
The real estate market in the United States is thriving, but there are 3 fundamental factors that restrain it: the existence of intermediaries, high prices and fraud. But applying blockchain technology to the industry could eliminate all 3 of these restraints. U.S. real estate agents typically earn a 6%…
Cryptocurrency Companies Hold an Industry Conference for Information and Communications
Industry experts speaking at a cryptocurrency technology conference indicated that financial institutions wanting to adopt cryptocurrency technology such as blockchains must replace their current IT infrastructure. Jeremy Drain, who works for a cryptocurrency software company called Libra, gave a speech at the recent ScotChain18 conference in Edinburgh, which was focused…