Blockchain & crypto news from India
First off, why would anyone pay in a currency that promises to double its value in the very next month, or crash to less than half its value? The ‘Forbes’ articles on cryptocurrency carry a regular disclaimer of high risk for all investors and even warn of people losing all of their investment. Yet, the…
The three biggest names of the luxury world, LVMH (Louis Vuitton, Dior, Tiffany, and more), Prada, and Richemont (Cartier, Dunhill, and more), recently came together to an extraordinary meeting. The topic was how to authenticate and validate their original products permanently using blockchain technologies. The outcome was the formation of the private blockchain consortium, Aura….
The Covid pandemic created an unexpected meteoric rise of the stock markets followed by the crypto boom. Everyone today wonders what’s in store for the near future. Putting aside speculation and hype as well as FOMO, it’s time to take stock of how big the blockchain market currently is, and what do experts predict in…
Two hospitals in the UK are using a distributed ledger to scrutinize the cold storage of temperature-sensitive COVID-19 vaccines. The mass campaign to vaccinate people against COVID-19 is a monumental challenge. Adding to the problem is the fact that some vaccines become useless if not kept at ultralow temperatures. Warwick in central England and Stratford-upon-Avon…
The first real-world Bitcoin transaction happened on 22nd May 2010, when Laszlo Hanyecz bought two pizzas from a Papa John’s store in Jacksonville, Florida for 10,000 BTC (In today’s exchange rate, that comes to over 500 million dollars). In 2014, Overstock became one of the first big e-sellers to accept direct Bitcoin payments. Since Bitcoin…
Volvo is a company which is owned by Geely Holding, China. They have dealt with LG Chem and CATL for supplying the batteries for their next generation Polestar and Volvo models and even for the newly launched XC40 Recharge which is an electric model too. They have this deal at least for the coming decade….