Villanova University to Send Private Ethereum Blockchain Into Space to Test I...

Last week Bitcoin Magazine reported that 11 member banks of the R3 consortium, a collaborative group of the world’s largest and most influential banks and financial institutions, participated in a pilot test of the Ethereum-based blockchain network. The banks connected on an R3-managed private peer-to-peer distributed ledger, powered by Ethereum technology and hosted on a virtual private network in the Microsoft Azure Blockchain as a Service (BaaS) cloud, to execute simulated financial transactions instantaneously. R3 is expanding its comparative evaluation project to include other banks,....

Stanford University's Computer Science building. Stanford University has since Saturday been playing host to a Bitcoin workshop that has featured several big players in the cryptocurrency space. The workshop will examine the relationship between blockchain technologies and the existing regulatory environment. The first two days of the workshop which were for a private audience ended on Sunday March 22nd, 2015, while the public part of the workshop will be held from Monday March 23rd, 2015 and will end on Tuesday March 24th, 2015. It brings together different experts in technology, law and....

R3CEV, the blockchain startup leading a consortium of more than 40 international financial institutions, has announced the completion of a test involving 11 members of the group. Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo were involved in the experiment, the first by the group to be revealed to the public. The startup said that the test involved a distributed ledger based on the public Ethereum network but that was hosted on a private network on the Microsoft Azure platform,....

Bitcoin into space. Bitcoin is preparing to launch satellites into space as a means of 'Global' backup to the blockchain. Matthew Sparkes, writing in The Daily Telegraph, a UK national newspaper, writes that, Bitcoin's blockchain is to be sent into space in order to reduce coin volatility and ensure safety from major cyber attacks. The blockchain is a constantly changing documents that records all transactions as well as who owns all coins. Bitcoin is dependent on access to the blockchain to verify all transactions and now Jeff Garzik, one of the main contributors to the Bitcoin source....

Moonbeam has released its Alpha v3 test net, and the latest build throws a bone to Ethereum developers who’ve been eyeing the Polkadot space with interest. Newly rolled out functionality unifies accounts and simplifies interacting with the test net, making it easier for Ethereum devs to get involved, while enhancing the user experience to boot. Moonbeam Smiles Kindly on Ethereum Alpha v3 is the latest and greatest version of Moonbeam, having been developed by smart […]