Blockchain technology news

To date, the Blockchain HTC Exodus 1 has, appropriately, only been available for purchase with Bitcoin, Ether, Ripple or other big cryptocurrencies. With effect from today, however, all interested parties will be in a position to obtain HTC’s blockchain (DLT) smartphone via traditional (fiat) ways such as USD. The smartphone is so far being sold online at around $699.

Blockchain has been steadily integrated into different aspects of everyday life. Now it is time for the fintech to go beyond its ordinary use cases and become a part of data processing in the legal system. Italy is one of the countries at the forefront of adopting innovative technologies.

The State Revenue Service of Latvia calls for the use of Blockchain technology to control tax flow and combat the shadow economy. As one of the possible solution, Blockchain-based systems can be used in the cash registers reform.

Blockchain in Italy has managed to maneuver into an entrenched corporate environment, in startups and several fields such as Agrifood, finance and insurance. These sectors getting involved signifies productive ground for this nascent technology, that can be used to trace products in the supply chain and record transactions, Agenda Digitale reports.

Recently, Facebook CEO Mark Zuckerberg expressed interest in putting the login on the blockchain in order to provide social media users absolute power especially when they are giving data access to third-party Apps. Now, blockchain specialists have started analyzing the latest Facebook (FB) efforts on recent Zuckerberg’s interests to integrate blockchain into login.

Facebook CEO Mark Zuckerberg reveals in an interview with Jonathan Zittrain, a professor at Harvard, that he’s willing to put the login on the blockchain. Zuckerberg revealed that the technology could give the social media users sole powers when yielding and giving information access to third-party Apps.

The newly created cryptocurrency “JPM Coin” by JPMorgan (JPM) is gaining momentum in the blockchain arms race amongst the giant United States (U.S.) Federal Reserve (Fed), at a higher rate. It’s the first bank to develop its own digital coin. The coin is pegged to the U.S. dollar.

Italy has a great number of successful blockchain projects related to efficient energy management, notably in smart cities such as Bologna, Milan, and Venice. However, only 5% of the ventures involved in the energy sector take advantage of digital technologies and fintech.

Blockchain technology is the phenomenon behind the most popular cryptocurrencies such as Bitcoin, Ethereum and Ripple, as it was apprehended by Satoshi Nakamoto in 2008. Distributed ledger technology (DLT) is an effective communication and data exchange protocol designed in a series and chains of blocks. Italy is the fourth country in the world as far as the use of Bitcoin is concerned.