Category Archives: Bitcoin

Bitcoin News That Interests Me

Decentralized Databases Could Address Blockchain’s Scalability Issues

Walmart is testing supply chain solutions to track lettuce, Spotify acquired Mediachain to test content licensing solutions, and Accenture is using the blockchain to add trust to insurance contracts. There is no doubt that blockchains will play a role in the technology roadmap of various enterprises. However, many blockchain-based production applications have one main inhibitor: scalability.

https://cryptoslate.com/decentralized-databases-blockchain-offer-new-possibilities-web/

 

Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

The pilot program is scheduled to be launched within the next six months, and will start in the city of Ulaanbaatar’s Nalaikh District, with plans to expand throughout the whole city. The article also states that the program within the Mongolian capital will contain both peer-to-peer payments and mobile payments.

https://cointelegraph.com/news/mongolia-partners-with-stablecoin-to-use-blockchain-for-lending-services-money-transfers

 

BitTorrent Creator Aims to Kill Bitcoin with the Green Cryptocurrency “Chia”

Bram Cohen’s newest creation, a cryptocurrency known as Chia which bills itself as ‘green money for a digital world’, is the very antithesis of bitcoin. Unlike bitcoin which uses the electricity-guzzling proof-of-work consensus mechanism, the chia cryptocurrency uses proof-of-space where the mining process uses the hard disk space.

BitTorrent Creator Aims to Kill Bitcoin with the Green Cryptocurrency “Chia”