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One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a "successful" trial that put the paperwork for marine cargo insurance claims on a blockchain. Tokio Marine & Nichido said in a press release Wednesday that its blockchain proof-of-concept (PoC) had seen...
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset. Accenture announced in a press release Monday that the blockchain-based application uses Digital Asset's smart contract language, DAML, and is aimed to simplify how its software licenses...
Bitcoin could be in for a recovery rally, having defended a key support level over the weekend. Looking back, the leading cryptocurrency suffered an ascending channel breakdown on Nov. 7, signaling a temporary top has been made at $6,540. On the following day, the moving average studies rolled over in favor...
In February 2014, when growing interest in bitcoin spawned the first wave of "altcoins," the tiny country of Iceland played host to a new idea for achieving mass adoption. A developer using the pseudonym Baldur Friggjar Odinsson, vowing to help his 330,000 countrymen escape six years of post-crisis capital controls,...
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain. Led by a team at IBM's Watson Research Center, the patent application presents a vision for dynamic collaboration – one where researchers can track their work across institutional borders. It's another non-financial application of...
Market capitalization gets a lot flack for being a poor metric to measure the value of a cryptocurrency – and perhaps rightly so – but that shouldn't stop traders from using it as a tool to generate a market bias. To summarize: the market capitalization of a cryptocurrency is...
"If you build it strong enough, the law will follow." That's how Daniel Nagy, the leading developer behind Swarm – ethereum's decentralized storage-layer – described his "takeaway lesson" after a seven-year legal battle over the hosting a file-sharing node. A precursor to peer-to-peer file sharing service, Bittorrent, Nagy was running a DC...
The New York Attorney General ("NY AG") recently issued a report on its fact-finding enquiries to multiple virtual currency trading platforms believed to be operating in New York. One of its many interesting findings was how virtual private networks ("VPNs") may permit market manipulation. VPNs are a critical tool for...
A new use case is emerging for cryptocurrency: helping women who've suffered sexual harassment or assault gain financial independence while also protecting their privacy. Case in point, a sexual assault survivor used the crypto-powered payment processor Seeds to crowdfund $500 in September after the trauma left her unable to work...
The price of browser startup Brave's Basic Attention Token (BAT) fell by as much as 20 percent in the past 24 hours. Trading for BAT officially went live yesterday on Coinbase, the largest cryptocurrency exchange in the U.S., a move that followed the token's inclusion on Coinbase's professional platform.  Coinbase initially teased...