Blockchain technology news

Ambitious P2P, cryptocurrency and Blockchain-based projects win the FinTech Hackathon in Belarus.

Blockchain-based systems for firearms tracking could come in handy for the police as they potentially help prevent gang violence and child mortality. However, some state governments think it is unfair to force people to use that technology.

Russian political party Party of Growth has recently announced the launch of a new Blockchain-based system, called "People of Growth", and their own cryptocurrency, called “Upcoin”. For the first time, Blockchain technology becomes the organizational basis for a political party.

Banks are looking forward to implementing new technologies for changing and improving the existing payment systems.

Proof, a Korean financial technology company run by American and European expats, has launched property investment opportunities whereby users can buy small stakes of ownership for less than $3.

South Korea takes another step toward becoming the leading country to adopt Blockchain technology and cryptocurrency. Samsung launches a new blockchain-based cloud computing platform called Nexledger.

The world cryptocurrency news outlet Coinidol.com interviewed the Managing Director, Charley Cooper, of R3, a financial innovation firm which assists financial institutions to embrace new technologies.

Dmitry Medvedev, Prime Minister of Russia, who is also an ex-president of the Russian Federation, instructed authorities to adopt Blockchain technology in the Russian economy.

Bitcoin’s existence largely depends on how many people are using the peer-to-peer cryptocurrency. A bitcoin node can be an individual miner minting Bitcoins from his laptop or a chain of companies with complex mining rigs mining Bitcoin on a commercial scale. All these nodes keep the Bitcoin network running.