One Block Team

News
CEO of UBS: Blockchain Will Transform Cost Base of Financial Services Industry

The CEO of Swiss financial services provider UBS Group Sergio Ermotti said that blockchain will be essential for the financial services industry in an interview with CNBC June 18. Ermotti said that the underlying technology of cryptocurrencies will allow “[the] freeing up of resources to become more efficient,” adding that “[it] is a great way to... Read More

One Block Team

News
Trial of ‘Lightning Fast’ Protocol That Can Handle 60,000 Transactions Per Second Has Begun

A blockchain-based digital asset exchange network has launched a “lightning fast” protocol which is capable of processing more than 60,000 transactions per second.   #MetaHash says its protocol, known as #TraceChain, takes no longer than three seconds to approve each transaction. A trial of its geographically-distributed network has begun and... Read More

One Block Team

News
Government of Canada Pilots Ethereum Blockchain to Increase Transparency

When governments adopt and pilot emerging technology, the act is often viewed by the public as a way of legitimizing its potential. Now, the Government of Canada is getting on the bandwagon. In general, blockchain technology increased its global presence over the last few years and continued to earn legitimacy... Read More

Guest Writer

Editorial
Cryptocurrency Strategies for Power and Energy Companies

Uncertainty in the power sector It is an uncertain time for power and energy companies. The rise of natural gas and the decline of coal have changed the dynamics of the sector. Solar panels become more efficient, and cheaper, with every iteration. Unknown future risks related to tax and trade... Read More

One Block Team

News
China Has Built a Blockchain System That Could Replace Paper Checks

China’s central bank has finished work on a blockchain-based system that digitizes checks issued by domestic businesses, according to a senior official. In an op-ed published by a local news source on Tuesday, Di Gang, deputy head of the digital currency research lab at the People’s Bank of China, said the department has... Read More

One Block Team

News
Verge’s Blockchain Attacks Are Worth a Sober Second Look

The notorious 51-percent attack: it’s the major fault in cryptocurrency protocols but it’s rarely seen, especially among the most popular cryptocurrencies. Yet, in the past couple months, the exploit – whereby a single miner (or group of miners) takes control of over half of the network’s total computing power and... Read More

One Block Team

News
Abu Dhabi Ports Launches Blockchain Trade Solution for Imports and Exports

Maqta Gateway, a wholly owned subsidiary of maritime industry developer Abu Dhabi Ports, has developed and deployed its own blockchain solution for international logistics and trade. Dubbed ‘Silsal’, Arabic for ‘chain’, the blockchain solution is now the first of its kind platform in Abu Dhabi and will enable real-time tracking... Read More

One Block Team

News
China’s President Xi Says Blockchain Part of New ‘Technological Revolution’

President of China Xi Jinping openly praised blockchain technology during a speech May 28, as the technology continues to cement itself in the country’s future plans. Speaking at the Chinese Academy of Sciences’ nineteenth annual conference in Beijing, Xi included blockchain as an example of a “new generation” of technologies delivering “breakthroughs.” “Since the 21st century... Read More

One Block Team

News
Australia: PwC, Chamber of Commerce, Port of Brisbane Partner for Blockchain Pilot

PwC Australia, the Port of Brisbane, and the Australian Chamber of Commerce and Industry have partnered to release a blockchain-based supply chain management proof of concept (PoC), according to PwC’s press release published today, May 29. The Trade Community System digital application will connect commercial operators across a supply chain for international trades. The press... Read More