Blockchain-Invested Giants Win Contract to Create EU’s Cloud Network
Following their involvement in blockchain technologies, Accenture and Microsoft have won the right to provide cloud services for EU institutions. The two companies will build the infrastructure as part of a consortium, along with Comparex, after Accenture’s Cloud Platform and Microsoft Azure met “stringent” requirements put forward by the EU Commission.....
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Cloud computing and crytpocurrency mining may have seemed like an odd combination back in the days of GPU, and later FPGA, bitcoin mining. The rise of ASICs for SHA-256 transaction processing on the Bitcoin network, however, meant that something had to give. That's where Cloud Hashing comes in: the company charges a per-gigahash contract fee that allows users to harness the company's own mining equipment. It's bitcoin mining in the cloud. Given the fact that mining equipment is loud and noisy, Cloud Hashing could easily be compared to any other type of 'heavy lifting' computational process....
Storj along with Counterparty have developed a new payments technology based on Lightning Network to support crypto-asset payments on the Counterparty Network. Storj, the blockchain based decentralized cloud storage services provider has joined forces with Counterparty, a Bitcoin blockchain based smart contract tools provider to create a new payments channel technology. The technology developed by Storj is currently in the proof of concept stage and it will be used for enabling payments on the Counterparty network using Counterparty tokens. Storj’s concept payments technology is built to....
In a match reminiscent of the recent final of the Australian Open, in which two of the oldest top tennis players on the circuit competed for the title, two other old-timers are showing younger competitors that experience matters. I’m talking about IBM and Microsoft, and the race to build a business-friendly blockchain-as-a-service (BaaS) platform. In the business world, unlike tennis, there can be more than one winner. And it may be rash to assume that the old market leaders will stay ahead of the pack, especially in a field so new. However, recent moves by the two companies to shore up....
Are we finally on the verge of upgrading our internet infrastructure to its long-awaited next generation, known as Web 3.0? The first version of the Internet consisted of read-only, static websites, whereas Web 2.0 introduced the opportunity to engage with, and create content, enabling activities such as social networking, online banking and shopping. But it has serious flaws around security, privacy, and censorship. On top of that, the dominance of tech giants has only contributed to the further exploitation of users. Web 3.0 is changing this by defining new standards for the Internet....
Stellar Development Foundation (SDF), a non-profit organization focused on the growth of Stellar blockchain, has launched a $100 million fund to accelerate native smart-contract adoption. Soroban, the smart-contract platform that builds on the Stellar network, will incentivize funds among developers to create new tools and applications for better network performance. Opposite to the current market […]