Korea’s Biggest Power Utility is Developing a Microgrid on a Blockchain

Twitter Facebook LinkedIn Korea Electric Power Corporation (KEPCO), South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed the ‘Future Micro Grid’. Revealing the information in an announcement posted on its website on November 18, KEPCO President and CEO Kim Jong-gap stated that the proposed ‘KEPCO […]

Continue Reading

SWIFT India Partners With Fintech Firm for Blockchain Pilot

SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the efficiency and security of financial products, according to a press release published Nov. 20. SWIFT India is a joint venture established by SWIFT SCRL (Society for Worldwide Interbank Financial Telecommunication) and a number of major Indian […]

Continue Reading

Three Blockchain Finalists in Branson’s Extreme Tech Challenge

Image: Blockchain, Sashkin, Shutterstock Billionaire and tech personality Richard Branson’s Extreme Tech Challenge 2019 contest has been narrowed down to ten teams and three of them use the blockchain. The 2018 winner of the event was Power Ledger, a blockchain company focused on green energy solutions. The ten teams will be narrowed down to three […]

Continue Reading

Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s

A total of $60 billion has been erased from the value of all cryptocurrencies over the last week, a decline that has many wondering if the ongoing bear market for the asset class has finally come to an end. Defined as a period of depressed activity and sentiment, the bear market has seen the price of […]

Continue Reading

mining profits sink as crypto values decline, many platforms on shaky ground

The recent drop in values has created anxiety among many players in the crypto space, perhaps none more so than miners, many of whom have begun to experience losses for the first time. Mining is the underlying foundation for proof-of-work (PoW) cryptos, as it ensures decentralization and maintains consensus. Thus, the lack of profitability over […]

Continue Reading