UBS Contributes Blockchain Code to HIV Research Effort
UBS has donated the code for a blockchain-based trading platform to a nonprofit group funding research into a cure for HIV/AIDS. The HEAL Alliance, a nonprofit group focused on supporting HIV research, plans to use UBS's code as part of a platform being developed by London-based financial tech startup Finclusion Systems, with the goal being to ultimately raise money using the technology. The UBS Innovation Lab is one of the backers of the initiative alongside Microsoft, Intel, and the University of California San Francisco Gladstone Institute of Virology and Immunology Center for AIDS....
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Bitcoin startup Blockchain has released the first version of a payments channel prototype that finds it moving its research efforts into how transactions on the bitcoin network can be made faster and more effective into the public eye. The startup, which has raised $30m in one public round of funding, announced the alpha release of the ThunderNetwork today. Best described as a Blockchain-led effort into the implementation of payment channels, the technology seeks to allow bitcoin users a way to conduct off-blockchain transactions that settle against the bitcoin blockchain at a later date.....
Norway’s Bitcoin mining credentials are impressive: The small European country hosts 0.77% of Bitcoin’s hash rate using 100% green, renewable energy. Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing,” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower.Using data from the Cambridge Bitcoin Electricity Consumption Index and by mapping out the mining facilities, the report concludes that Norway contributes 0.77% to the Bitcoin total global hash rate.....
An insurance and reinsurance industry trade organization headquartered in the UK is launching a new blockchain research project. The London Market Group has announced that it will investigate the use of smart contracts and blockchain for potential applications in the wholesale insurance market. Members of the trade organization include representatives from major firms like Allianz, AIG and Lloyd’s. The organization is working with research outfit Z/Yen on the initiative, which according to statements seeks “to create a common view of the potential benefits that smart contracts could....