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Posts Tagged ‘Network’

Blockchain Advisory Expert, Ian Scarffe Joins ONe Network Advisory Board

Bitcoinist.net · June 3, 2018 · 11:00 am ONe Network, one of the world’s first blockchain social media platforms, is pleased to announce the addition of Ian Scarffe to its Board of Advisors. As ONe continues to attract international attention, Ian brings extensive experience within the Investment and Blockchain markets to support the ONe Network ICO/ITO process.…

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Visa Network Crashes as Bitcoin Boasts 99.99% Uptime Since Genesis Block

Georgi Georgiev · June 2, 2018 · 8:00 pm Visa’s payment system crashed yesterday, preventing credit card usage and payment processing across the entire EU, Ireland, and even in the US. Despite the issue being reportedly resolved, the incident serves to highlight the need for decentralized, stable alternatives where possibilities of the kind are simply…

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Money Transfer Firms Join Ripple’s Payment Network

Ripple is continuing to add new clients to its distributed ledger-based payments network, RippleNet. Announced yesterday, two international money transfer companies – Singapore-based InstaReM and Sao Paulo, Brazil-based BeeTech – have partnered to allow customers to benefit from Ripple’s product, which they say offers speed, transparency and lower costs. The collaboration will facilitate blockchain-based payments between…

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Bitcoin Gets First Lightning Network Wallet App on Android

Wilma Woo · June 1, 2018 · 4:00 pm The first Bitcoin wallet featuring full Lightning Network support went live on Google Play May 31 in a further milestone for the technology. Lightning Payments Meet Android The release, called simply Lightning Wallet, incorporates a fully operational Lightning node, providing for both on-chain Bitcoin and off-chain…

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Infosys Partners with 7 Banks for Blockchain Trade Finance Network

Indian IT giant Infosys is exploring the potential of blockchain technology to bring new efficiencies in trade finance. Infosys Finacle, a subsidiary of the firm, announced Wednesday the development of a trade network called India Trade Connect (ITC) in partnership with seven Indian private banks, including ICICI, Axis Bank, South Indian Bank and Yes Bank. The blockchain-based network has been…

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Why Lightning Network Will Finally Help Bitcoin Beat Credit Cards, PayPal

Wilma Woo · May 17, 2018 · 2:00 pm The Lightning Network (LN) is approaching 2000 functional nodes as users begin to highlight the conspicuous cost savings using the technology. Lightning: 1997 Nodes, 6600 Channels, $150,000 Capacity Data captured from an overview of LN’s Bitcoin mainnet integration showed 1997 reachable nodes (with the actual number…

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Social Network Adopts Civic’s Blockchain ID System

Blockchain identity startup Civic has launched a decentralized verification system – and a social media platform for the crypto community is already moving to adopt it. Dubbed “ID Codes,” the mechanism has been integrated with the website of Hilo, a social network platform for both experienced cryptocurrency traders and “newbies” that, when launched, will provide…

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