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Blockchain

Verizon Awarded Patent for Blockchain-Based Virtual SIM Cards

Verizon Awarded Patent for Blockchain-Based Virtual SIM Cards

[ad_1] Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices. A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a traditional physical SIM card can be replaced with a software SIM version. According […]

Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

[ad_1] American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As such, the company will not have to put its dividend shares on the six-month holding […]

Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

[ad_1] American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020. In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network using digitized cash. The […]

ETH Privacy Startup Aztec ‘Ignites’ Its SNARKs Generation Ceremony

ETH Privacy Startup Aztec ‘Ignites’ Its SNARKs Generation Ceremony

[ad_1] Ethereum (ETH) privacy startup Aztec announced the launch of its zero-knowledge succinct non-Interactive argument of knowledge (SNARKs) generation via a cryptographic ceremony called Ignition. In a press release shared with Cointelegraph on Sept. 15 the startup also announced the closing of its latest round of investment with participation from A.Capital, Coinbase and Libertus Capital. […]

Ethereum Classic Successfully Implements Atlantis Hard Fork

Ethereum Classic Successfully Implements Atlantis Hard Fork

[ad_1] The team behind Ethereum Classic (ETC) has activated the Atlantis hard fork aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH). The news was announced in a Twitter post by ETC Director of Developer Relations, Yaz Khoury on Sept 12. Khoury congratulated the project with the development, saying: “Congratulations @eth_classic […]

Ethereum Dev Firm ConsenSys Now a Premier Member of Hyperledger

Ethereum Dev Firm ConsenSys Now a Premier Member of Hyperledger

[ad_1] Ethereum-focused development firm ConsenSys becomes a premier member of blockchain development project Hyperledger, according to a press release shared with Cointelegraph. Software already submitted Per the release, ConsenSys also submitted its Pantheon Java-based Ethereum client to Hyperledger as the project ​Hyperledger Besu. Besu, which is reportedly the first public chain compatible blockchain submission to […]