Tag Archives: blockchain

Transforming the banking industry through Blockchain

[ad_2][ad_1] The banking sector sees great potential in blockchain technology to overcome current problems such as fraud prevention, secure transactions and loss of customer data. The blockchain is a distributed ledger that stores data from each transaction in an encrypted form and the stored data is immutable but can be …

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Because the hack of Ethereum Classic is a bad omen for the blockchain

[ad_1] On Saturday, the Coinbase security team noticed something worrying. Someone had made a profound reorganization in the distributed book of Ethereum Classic, a smaller spinoff of the Ethereum currency. The attackers had removed the cryptocurrency equivalent of writing a check. The initial fraud reported by Coinbase on Monday was …

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New open source platform to improve blockchain development in Africa

[ad_2][ad_1] The African Digital Asset Foundation has launched an open source platform to establish unified standards for blockchain development in Africa. The African Digital Assets Framework (ADAF) platform will try to ensure that the use of blockchain stimulates digitized pan-African economic integration. Several factors are opening local start-ups to the …

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