Wells Fargo Pilots Stablecoin / Google’s Quantum Impact on Blockchain / Blockchain Live in Hospitals
September 25, 2019
This week’s edition is full of last week’s with happening, education, and movements throughout the Blockchain, DLT, and DApps. Wells Fargo piloting stablecoins while Bank of America make headlines joining Maroc Polo. Google goes quantum creating a challenge for the future of cryptography. Blockchain deployed in Utah based Hospitals, DApps, and Gaming (God’s Unchained) sees a large boost, along with insights on infrastructure, DApps, Bitcoin, Economics, and Stablecoins. For MORE and to keep you up to speed, here’s a snapshot of the top stories this week around the industry.
📖 Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement
U.S based financial giant Wells Fargo is creating its own U.S. dollar-linked stablecoin which will run on company’s first blockchain platform. The stablecoin will be called Wells Fargo Digital Cash and will be used initially for internal settlement across the company’s business…read more
The Technologies Poised to Change the World in 2019 | Data Driven Investor
📖 Crypto-Powered IoT Networks Are on Their Way to Over 250 US Cities
IoT startup Helium has announced that it will be soon shipping its crypto-mining modems to more than 263 cities around the United States. The key cities are New York, San Francisco, Boulder, Denver, Atlanta, Chicago, Dallas, Houston, and Seattle. Shipments for this next wave of hotspot production will begin in October…read more
📖 What Google’s Quantum Breakthrough Means for Blockchain Cryptography
Google researchers have published a paper describing a major computing breakthrough in quantum computing. The team managed to perform a calculation in just over three minutes that would take the world’s most powerful supercomputer 10,000 years. In an industry that’s characterized by incremental improvements, that sounds like a leap that warrants comparisons with the Big Bang.…read more
📖 Blockchain Technology Is Already Improving Lives At 22 Hospitals
Intermountain Healthcare, a Utah-based, not-for-profit system of 22 hospitals has deployed blockchain technology coupled with artificial intelligence to identify waste in its massive healthcare system, creating better outcomes for patients, and significant savings all around…read more
📖 5 Enterprise Blockchain Stories of the Week
Recently, several of the largest banks announced their participation in key blockchain initiatives. A massive $20 million bond was issued on the public Ethereum network and one of the biggest blockchain companies, ConsenSys, launched a special initiative that aims to bring Decentralized Finance (DeFi) closer to enterprises. In addition, excitement has peaked in “bitcoin land” because, in mere days, the first physically delivered Bitcoin contracts will launch on a federally regulated exchange…read more
📖 Bank of America Joins Marco Polo Blockchain Trade Network
Marco Polo, a group, working to bring efficiencies to international trade using blockchain technology has been joined by banking giant Bank of America. Marco Polo is built on R3’s Corda blockchain platform. Bank of America said that to offer better services for clients, it is becoming a Marco Polo member firm…read more
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📖 Deloitte Tests Bitcoin (BTC) Payments for Staff
Luxembourg Times reported that Deloitte is offering Bitcoin (BTC) payments to its staff as a test for adoption. The accounting firm has launched limited BitPay options for its employees. BTC payments were available back in 2017 in one of the Toronto offices of the audit firm…read more
📖 Privacy Is a Feature Not a Product
Privacy is a feature of valuable cryptocurrencies, not a product offering in and of itself. Users should not have to take balance sheet risk (e.g. by selling some BTC or ETH for ZEC) on less valuable and less secure cryptocurrencies in order to achieve financial privacy. This essay will argue that general platforms like Bitcoin and Ethereum already offer sufficient privacy guarantees for most users to never need niche privacy-focused blockchains…read more
📖 New Zero-Knowledge Proof Services Provide Complete Transaction Privacy
A common challenge faced by enterprise blockchain networks is how to protect private information from being shared on the ledger. Some organizations need to prevent transactional data from being exposed to other members of the business network for business, legal or compliance reasons. Privacy is always important to enterprises, and the challenge of maintaining privacy within a collaborative business network is not a new one. Enterprises that adopt permissioned blockchains have always understood the importance of shielding sensitive information from other network participants…read more
DApps (Decentralized Apps) Watch
📖 ‘Gods Unchained’ developer Immutable raises $15M Series A to bring blockchain gaming mainstream
Immutable, a Los Angeles California based blockchain gaming startup, has secured $15 Million in Series A financing. The round was led by Naspers Ventures and Galaxy Digital EOS VC Fund, along with participation from Apex Capital Partners. The company said funds would be utilized to develop the Gods Unchained game further and to build an open-source blockchain platform for developers…read more
📖 Could Cardano Become The ‘King Of DApps’ In The Near Future?
Cardano, without a fully launched project and with dApp on the platform, the ADA cryptocurrency has achieved to be in the top 20 coins in the world and hold a value of more than $1 billion currently. This is a big achievement and has even been recognized by Weiss ratings who published a recent post which made the bold statement that Cardano could become the ‘king of dApps’ when it is fully launched…read more
📖 Loom Network Is Bringing DeFi to Tron, Binance Chains
Loom Network, a Layer 2 scaling solution for the ethereum blockchain said in a statement that MakerDAO’s dai stablecoin will be implemented on the Tron and Binance chains in the near future. Dai and the Loom Network are a natural pairing for expanding the DeFi ecosystem, and through interoperability, more people and projects can now leverage the stable, secure and trustless nature of dai for their DeFi projects and crypto portfolios…read more
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Wells Fargo Pilots Stablecoin / Google’s Quantum Impact on Blockchain / Blockchain Live in… was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.