As Governments Across The Globe Discover Blockchain, Red Tape Hinders Progress
The ability to increase efficiency has made Blockchain technology appealing to governments. The potential to usurp current business processes with something more efficient, while also reducing costs, has captured the attention of governmental bodies across the world. However, bureaucracy remains a key factor in how soon this disruptive technology will become fully adopted by government institutions. Government-inspired Blockchain. Government-inspired Blockchain initiatives are taking shape all over the place. Estonia, Russia, the United States, Singapore, Sweden and South Korea all have....
Related News
The concept of digital identity is gaining rapid traction across the globe. Four of the world’s five most populous countries – China, India, Indonesia, and Brazil – are in various stages of implementing government digital identity schemes, as are many other governments around the globe. However, currently, there are different approaches in terms of the technology used to manage a digital identity system, with some worrying implications for citizens’ privacy. The main concern is the […]
Alpha Technology was working towards shipping their Viper units by the end of July, but due to technical issues, they had to go through a second-tape-out process, thus delaying the shipments. They waited until July 28th to tell customers about this little surprise, distancing themselves from their claim of being transparent. Their news even went so far as to "remind" all of their customers that they upgraded their devices from 25MH/s to 250MH/s back in May. Even though PayPal did what PayPal does best, and locked Alpha Technology's funds, Alpha Technology was still able to fund the second....
There’s seemingly a constant conversation, particularly with those involved in legacy financial institutions, about how cryptocurrency can be – to a certain degree – “de-risked.” Can government mining, or merely taxation structure, address this? While many traditional financial players that are not crypto-first, but are crypto-adjacent (take Visa as a prime example) are relying on the use of stablecoins like USDC as their main pillar of transactions, there are other conversations happening about how crypto risk can be managed. Government bodies are always looking to get a piece....
KnCMiner has announced the tape-out of its Titan scrypt miner. This means every detail in the chip design has been finalized and it is now moving on to manufacturing, no chip design changes are possible beyond this point. The company said the first batch of Titan miners will ship "well within" the promised timeframe for pre-order customers, which is the third quarter of 2014. KnCMiner also told CoinDesk that the first batch of Neptune miners is expected to ship before the end of the current quarter, ie by the end of June. The company could not specify an exact date, but one will be....
KnCMiner says it has finalized the design of what should be the world's first 20nm bitcoin ASIC miner. The company is still not saying much about the upcoming ASIC or the rollout schedule, it merely states that the 'tape-out' was achieved only three months after starting the project. The actual tape-out happened sometime in February. In electronics, a tape-out is the last stage of the design cycle for an integrated circuit. KnCMiner teamed up with Alchip and Advanced Semiconductors Technology (AST) to design and produce the chip. The company points out that its first generation ASICs were....