Bitcoin’s exchange rate versus the US dollar crossed the $1,000 mark first on the online exchange Bitfinex on Sunday evening GMT.
Eight new companies, including Sovrin Foundation, a private-sector international non-profit that was established to govern the world’s first self-sovereign identity network, and Swisscom, a major, state-owned Swiss telecommunications provider, have joined the Linux Foundation's Hyperledger project.
A new group to be launched this month in Davos, Switzerland, aims to educate business leaders about the transformative potential of blockchain, the emerging new technology underlying bitcoin and other cryptographic currencies.
In the quest for privacy and fungibility in Bitcoin, two researchers (from Saarland University in Saarbrücken, Germany and Indiana’s Purdue University) presented a promising privacy enhancement proposal last week. ValueShuffle, as the protocol is called, describes a method to mix bitcoins and at the same time hide the amounts involved in the mixing process.
Whether you believe the hype or not, blockchain technology is attracting massive investments, exploration and competition across the globe. In the last week alone, top players in the distributed ledger space have made progress in their own initiatives, from membership growth within blockchain consortia to the pursuit of distributed ledger-related patents by top banks. PYMNTS examines the data surrounding the latest developments of blockchain, already off to a speedy start in 2017.
A Netherlands-based consortium exploring logistics and supply chain technology will begin to look at blockchain in its efforts, reports said Friday (Dec. 30). The consortium, headed by TKI Dinalog, is made up of 16 companies that will consider blockchain in ways to improve supply chain logistics and reduce supply chain footprints, according to reports. The members said they have set a goal to develop three use cases for blockchain in this area, including supply chain financing and circular economics.