Block Verify Turns Bitcoin Into a Life-saving Technology
While I was attending the Inside Bitcoins Berlin conference over the past few days, all of the event’s guests were treated to a surprise announcement made by the people over at Block Verify. This unexpected intermezzo had everything to do with using the blockchain technology in such a way that can benefit each and every one of us : combating counterfeit products and goods. Block Verify believes the blockchain holds the technology needed to combat counterfeit goods on an universal scale. Block Verify will use an advanced blockchain solution to allow monitoring of the whole supply chain....
Related News
Block Verify announced on March 6th that they have a partnership with a UK pharmaceutical company to begin ensure the validity of pharmaceuticals using the Blockchain. Block Verify, a blockchain-based anti-counterfeit solution, wants to have a global, positive social impact by using blockchain technology to "make the world more honest." Pavlo Tanasyuk, founder of Block Verify (and co-founder of SpaceBit), told CoinTelegraph: "We decided to start with [the pharmaceutical industry] as it is one of the sectors where people are directly affected by using counterfeit products. That can lead to....
Bitcoin price is back below $55,000, unable to keep its bullish momentum it had leading into the Coinbase Global listing. Since then, things have turned down. The fall back below $60,000 has with it also taken the coin below a critical life-saving support level that’s been untouched since late 2020. Bitcoin Loses Life-Saving Support Level, […]
A new company, BlockSign, lets customers digitally sign legally binding contracts and preserve them in the public domain. Running on the block chain, the decentralised public ledger that records transactions on the bitcoin network, the BlockSign platform provides a way to sign, timestamp and later verify documents on the web. How BlockSign works. From a user perspective, BlockSign works as a web application. A PDF signed with the program will indicate where a signature is to be placed, and the user places a stamp in a stylized font there. Into this signature is encoded an email address and....
ConsenSys, a blockchain technology company, and Ethereum have developed BTC Relay, an Ethereum contract that allows Ethereum users to pay with bitcoin. Servicing as a bridge between Ethereum and bitcoin, BTC Relay is a tool for developers who want to verify bitcoin transactions for Ethereum and smart contract applications. Community members, called Relayers, provide BTC Relay with new bitcoin block headers generated by bitcoin miners. Ethereum app developers can make API calls to BTC Relay from smart contracts to verify bitcoin network activities. Anyone can join the Ethereum network and....
On January 3, 2009, at 18:15:05 GMT, Satoshi Nakamoto made history by mining the Bitcoin blockchain's first block-known as the genesis block-for 50 BTC. Now, the Factom team hopes to make history again with the release of their own genesis block, bringing new life to the original ledger. Factom is a protocol and peer-to-peer network which maintains a data layer on top of the Bitcoin blockchain. Network files and applications are distilled to a single numerical hash value via Merkle trees, then inserted into the blockchain via a Bitcoin transaction. This allows a process known as proof of....