Switzerland is about to utilize blockchain technology for a municipal vote in the city of Zug. Swissinfo.ch, a local media outlet, announced on June 8th that the vote would occur between June 25th and July 1st. The vote will utilize the digital ID, also known as eID, system that…
1282 posts by author
99Crypto
Mastercard Files Patent for Cryptocurrency-Friendly, Blockchain-Based Card Verification System
Global payments company, Mastercard is filing a patent to create blockchain systems that would provide faster transaction rates and more secure payments using credit or debit cards. This is according to a report by the USPTO released on June 7, 2018. The patent describes a conveyance and retrieval process involving…
Hydro-Quebec Moves Forward through Cryptomining, Blockchain, and Supply-Related Challenges
Hydro-Quebec provides electricity to the entire province of Quebec. In recent months, blockchain and cryptomining companies have exhausted the provider's capacity. Demand for electricity from such companies continues to explode, and Hydro-Quebec cannot maintain pace. The energy provider released a notice on June 7, noting that it would…
Blockchain Technology Could Curb the Power of Silicon Valley's Leadership
In a recent interview, Hyperledger Executive Director Brian Behlendorf stated that he believes Blockchain technology will be able to curb the power of Silicon Valley's top players. Speaking to a Swiss business newspaper, Behlendorf said that as there's a lot of Silicon Valley companies who want…
South Africa Is Testing a Banking Platform for Crypto Tokens
South Africa's Central Bank has recently found success in running Project Khokha, a pilot program in which they tokenized the South African rand and successfully carried out interbank transactions using ConsenSys as the payment platform. Quorum, a private blockchain, was used to convert the currency to digital form…
Pundi X Introduces Cryptocurrency-Friendly Point-of-Sale Devices to Indonesia
The new company Pundi X is a startup in Blockchain and recently released their point-of-sales or POS devices in Indonesia. On June 4th, the South China Morning Post reported that Pundi X expects the central bank to change its position on cryptocurrency sometime within the next three years. The way…