‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain platform provided by the country’s National Settlement Depository powered

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Ethereum Client Parity Adds Support for Encrypted Smart Contracts

Ethereum client Parity has added support for on-chain private transactions in its latest software update, providing developers with the ability to create and deploy encrypted smart contracts. Released on Tuesday, Parity 1.11.1-beta introduces several new features to the software client, which remains popular even though several bugs in Parity’s multisig smart contract libraries have given

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Bitcoin Cash Hard Forks to Raise the BCH Block Size [Again]

Today Bitcoin Cash activated a hard fork that will increase the BCH block size from 8MB to 32MB and add new OP codes to the codebase. Bigger Blocks Initially announced November 2017, the upgrade began at 12:00:00 UTC when the hard fork was initialized. As CCN reported back in April, the fork includes the addition

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BMW Blockchain Trial Uses Cryptocurrency Tokens to Improve Mileage Tracking

DOVU, a London, U.K.-based provider of a blockchain-based data marketplace for the transportation industry, recently completed a test with BMW to use ERC-20 tokens and blockchain technology track vehicle mileage, according to a DOVU article posted on Medium. BMW Leasing Arm Supports Blockhain Pilot BMW invited DOVU to participate in its innovation lab, which seeks

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Software Giant Oracle to Debut Blockchain Platform This Month

This month, Oracle Corp. will present its platform-as-a-service blockchain product, making it the most recent software company to enter the blockchain industry, according to Bloomberg. The company will follow up next month with blockchain based apps, according to Thomas Kurian, the company’s president of product development. Kurian said the new product will be compatible with

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