Blockchain technology news

Terrorist groups including Islamic State, Al-Qaeda and many others have fruitlessly tried to collect money via Cryptos such as Bitcoin and Ethereum, an ex CIA analyst told Congress on September 7, as per Forbes.

Malware which targets Crypto ATMs is being sold on secret platforms and enables users to illegally steal up to $6,750 in Bitcoin per day.

There is a lot of hope among the Millennials about the chances of crypto being recognized widely, and almost half of those who believe this would choose using crypto over the U.S dollar, according to a recently carried out consumer survey on consciousness of and attitudes about crypto.

Beyond Cryptos, Blockchain is making waves as a pipeline for transactions. China perhaps is in the news amid degradations on trading. There are several initiatives from financial institutions such as banks in China to use Blockchain technology to exchange assets.

South Korean authorities have decided to establish a blockchain course to help boost development of distributed ledger technology in the country. After an intensive study of the matter, forty-two residents will be immediately set up for a job on the domestic market.

China always tries to apply everything new and be the first in every aspect. This recently developed technology has not been an exception. According to global market research, Alibaba Group Holding filed over 10% of all blockchain patents in 2017.

Ocean Falls, a tiny town located on the Central Coast of British Columbia (B.C), a Canadian Province which is only accessible by boat or seaplane, is placing its recovery and revival on Bitcoin mining.

Since the invention of computers, other technologies have cropped from it to improve human life. But computers are just computers.

Blockchain technology is growing tremendously now and everyone has heard at least something about this new financial technology. More and more people start to show a strong interest in it, however, many of them still believe that the tech has a lot of shortcomings.