3rd September Blockchain News & Updates…

  1. Crypto Exchange Bittrex Invests 10 Percent Stake in Malta-Based Blockchain Firm Palladium.

Bittrex, one of the top cryptocurrency exchanges worldwide, has recently invested in Malta-based blockchain company Palladium.The U.S.-based Bittrex, now the 18th top crypto exchange by total average trade volume, has bought a 10 percent share in Palladium. In July, Palladium had announced plans to distribute $150 million in tokens in the world’s “first” Initial Convertible Coin Offering (ICCO) in partnership with Bittrex and Unikrn eSports bookmaker, scheduled to begin on July 25.

Current shareholders of Palladium include Investar Holding and Unikrn, which own 85 and 15 percent of the company respectively

  1. Walmart’s Latest Blockchain Patent Lets Robots Conduct Deliveries Across Supply Chain.

U.S. retail giant Walmart has applied to the U.S. Patent & Trademark Office (USPTO) to patent a blockchain system for deliveries. The new patent aims to provide a technology for running “in-field authenticating of autonomous electronic devices” to enable secure deliveries. The patent specifies that “[i]n exemplary embodiments, two autonomous electronic devices, such as delivery drones or household autonomous robots, can authenticate each other using embodiments of security procedures described herein.”

  1. Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH.

Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork.

One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm – Proof-of-Stake (PoS). In order to implement it, the developers came up with a solution called the “Difficulty Bomb,” which makes the production of new blocks more complex and unfavourable. Constantinople is designed to smooth the transition from a Proof-of-Work (PoW) consensus algorithm to PoS.

  1. Taiwan Hospital Launches Blockchain Platform to Improve Medical Record-Keeping.

The Taipei Medical University Hospital has rolled out a blockchain-powered platform to improve medical record-keeping. The so called “Healthcare Blockchain Platform” was reportedly developed in order to support the government’s Hierarchical Medical System policy, improve patient referral services, and integrate individual healthcare networks to enable people to access their medical records in an easier way. To make a request for their records, patients can log in to a password-protected mobile app.

  1. Firefox to Block Cryptojacking Malware in New Browser Releases.

Firefox will block cryptojacking malware in future versions of its web browser, according to an announcement August 30.

The move comes as part of an anti-tracking initiative expected to be implemented over the next few months. In the announcement, Firefox cites a study by browser extension Ghostery, stating that 55.4 percent of the total time required to load an average website is spent loading third party trackers.

Future versions of Firefox will reportedly block such practices as cryptomining scripts that “silently mine cryptocurrencies” on users’ devices by default. By blocking tracking and offering a “clear set of controls,” Firefox is looking to provide its users more choice over what data they share with websites.

  1. Microsoft Is Slowly (But Surely) Connecting Blockchain to Main Products.

Three years ago, Microsoft Azure was the first to bring blockchain to the cloud. Now it’s connecting the technology to just about everything else.

The software giant has quietly been building bridges between its blockchain services and other, widely used infrastructure and platforms, such as Office 365 Outlook, SharePoint Online, Salesforce, Dynamics 365 CRM Online, SAP, and even Twitter, according to Matt Kerner, the general manager of Microsoft Azure. The idea is to allow Microsoft customers to port their data from these platforms into the cloud, and from there onto a blockchain.

  1. Bitcoin’s Next Big Software Upgrade to Feature New Language for Crypto Keys.

Bitcoin may be hard to use even with consumer-friendly tools, while running its core infrastructure is even harder. However, this isn’t stopping efforts to change that.

The global, volunteer developer group behind the most popular implementation of the software, Bitcoin Core, is soon to debut its 17th major software release, one which puts to code a number of highly-anticipated changes. Of particular emphasis is improving the software’s default wallet, where user’s bitcoin private keys are stored.

The idea behind the new language is to add important extra information to keys. Or, as Bitcoin Core contributor Andrew Chow put it, it provides a “sane” alternative to the problematic “account” system that was recently ripped out of the software. Simply put, it allows users to name their different accounts. Like labeling one “donations” and another “savings.”

  1. Korean Entertainment Project Taps Ethereum Blockchain in K-Pop Idol Search.

Z-POP Dream Project, a South Korea based entertainment provider, plans to use blockchain technology to find the next K-pop talent and develop a new entertainment platform. K-pop is a form of South Korean popular music.

CEO Jun Kang, who played a key role in creating the company, wants to build a global entertainment ecosystem to support and discover new talent for the $46 billion global music business, according to Korea Herald.

 

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