[ad_1] From July this year, the digital driver’s license will be used for reissuing and renewing licenses, so in time it will become the norm. In the meantime, however, users can opt in by registering their details on the app, which will form a digital license showing the user’s photo, a QR code and a […]
Category: Blockchain
The teenager that’s at CES to network
[ad_1] “I’m really interested in meaningful work and I think the best way to do that is in a startup,” Imran says. Eventually she wants to run her own company, perhaps serving the developing world. College may or may not be part of the equation, at least not before a gap year. This is Imran’s […]
Crypto expert arrested for allegedly helping North Korea evade sanctions
[ad_1] On top of this, Griffith supposedly planned to streamline Ethereum exchanges between North and South Korea while knowing this would violate US sanctions. He apparently called on other Americans to visit North Korea (including for the crypto conference) and signaled plans to renounce his US citizenship while buying citizenship elsewhere. Griffith is charged with […]
Volvo will use blockchain to prove its cobalt wasn’t mined by children
[ad_1] Volvo Cars will work with its two global battery suppliers, CATL of China and LG Chem of South Korea, and blockchain technology firms to trace its cobalt production. The data in the blockchain will include the cobalt’s origin, attributes like weight and size, as well as the chain of custody. “We have always been […]
HTC’s Exodus 1s can run a full Bitcoin node for under $250
[ad_1] At least that’s the idea. While it’s not as intensive as mining Bitcoin, running a full node still requires a lot of computing power. In fact, HTC recommends only using the feature while the phone is connected to WiFi and plugged into its power adapter. The company also plans to roll out full node […]
SEC fines Block.one $24 million for unregistered ICO worth billions
[ad_1] Block.one has agreed to pay the fine, but has neither admitted nor denied the SEC’s findings. The company has also been granted a waiver which means it won’t be subject to any ongoing restrictions that would usually apply to a settlement of this kind. It’s not the first such penalty to be levied by […]
New music platform Audius plans to capitalize on SoundCloud’s faults
[ad_1] Audius already has backing from some big names, like deadmau5, Rezz, 3LAU and The Stafford Brothers. But to start the library is small, just a few hundred artists. For now, Audius is free, and artists can’t make money. By early 2020, the company may run ads or offer a subscription. According to TechCrunch, the […]
China’s official digital currency is nearly ready
[ad_1] It’ll rely on a two-tier split, with the People’s Bank on top and commercial banks below, ostensibly to help deal with the sheer size of China’s economy and population. Also, it won’t rely entirely on the blockchain that forms the backbone of cryptocurrencies. It just couldn’t deliver the throughput needed for retail, Changchun said. […]
Senate panel schedules a hearing on Facebook’s cryptocurrency
[ad_1] It didn’t even take 48 hours after Facebook announced its cryptocurrency scheme for the government to raise an eyebrow. House Financial Services Committee Chairwoman Maxine Waters called for Facebook to halt development, and now the Senate Committee on Banking, Housing and Urban Affairs has scheduled a hearing to cover both Libra/Calibra and privacy issues. […]
House chairwoman wants Facebook to pause work on its cryptocurrency
[ad_1] The congresswoman also said that Facebook executives should testify about Libra as part of that oversight. We’ve asked Facebook for comment. As part of the announcement, though, it launched a Libra Association whose aim is to oversee the currency outside of Facebook’s control. Calibra, the digital wallet for the new monetary format, is supposed […]