Have you ever wondered what happens if your Bitcoin transaction is not confirmed? The size of the mempool is constantly growing in the course of the Bitcoin halving. As a result, some transactions are delayed up to several weeks while waiting for confirmation. The Bitcoin Halving on May 12 this year has caused quite a
Vitali Buterin (co-founder of Ethereum), explains in a new scientific paper how the block chain technology can help to implement anti-trust law. The academic paper "Blockchain as a tool against cartel formation" explains how block chain technology, by its descriptive nature, can be useful to decentralisation in preventing the formation of monopolies. However, the authors
Blockchain jobs in the UK, offer the best salaries among all the disruptive technologies in the industry, according to a new study. The digital credit platform "Capital on Tap" published figures showing that block-chain jobs in the UK are the ones with the highest average salary. According to the British company, block-chain jobs bring an
In the future, the global supply chains of raw materials and components for the automobile manufacturer BMW will be traceable via DLT. In the future, BMW wants to trace the worldwide supply chains of raw materials and components using block chain technology. The company invites "interested companies to join the initiative" - purchasing director Andreas
The trend is clear: The block chain is also considered promising by top German bankers, but there is probably still a lack of implementation. At the end of 2019, the auditing firm PwC surveyed managers from 302 German banks, insurers and asset managers on the subject. It revealed that more than three-quarters of them consider
The information stored on a block chain is there distributed and continuous, as matched databases and tables. With conventional databases, all data is kept in one place. The special feature of the DLT is that the data is held here on every computer in the network, This increases reliability and makes it easier to check
LG CNS, LG's IT subsidiary, is launching a new dimension of cashless payment. A combination of artificial intelligence, cloud servers and block chain technology will make face-to-face payments possible without any contact whatsoever. LG CNS has been testing the new payment system in an in-house restaurant since March. Employees can now pay automatically and without
Due to the pandemic, the demand for gold is steadily increasing. Due to the virus, some gold mining operations are currently closed down. Digital gold is experiencing a boom, the increasing demand and the lack of supply of gold leads to a rapid growth of the digital version of the precious metal. Tether has thus
Secure material assets are more in demand than ever. Real estate in top locations offers an ideal asset class, especially for security-conscious investors who do not want to forego appreciation in value and steady income. Often attractive real estate projects are reserved for institutional investors only. The block chain technology in combination with digital securities
COS, the premium brand of the fashion house H&M, cooperates with the block chain platform VeChain to make its own supply chain traceable for customers. H&M has not yet officially confirmed the new partnership, but main investor VeChain is already thinking about how the cooperation could look like in the future. COS was founded in
