There are some critical properties of a good hash algorithm. First, the same message always produces the sam... Read More
From this, a unique verification (public) key is cryptographically generated (compressed version):
Despite intuitive appearances to users, bit... Read More
First, the technical background. In a Bitcoin user’s wallet, each of that user’s own Bitcoin addresses is represented by three distinct numbers: a private key, a public key and the address itself.... Read More
This is because all Bitcoin transactions consist of inputs and outputs. Inputs refer to addresses bitcoins are sent “from” and outputs refer to addresses bitcoins are sent “to”. Naturally, the... Read More
Although Bitcoin is more than 7 years old, making payments on the network is still a rather cumbersome task. With a user interface that requires users to send money to long strings of letters and numb... Read More
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre