After working at IBM for almost a decade and cofounding the Launch School, an online software enterprise, Kevin Wang may have undertaken his most ambitious project to date with Nervos, a blockchain network poised to transform the financial services industry.
The platform, which runs on blockchain technology, is expected to launch for consumers in 2020 and is backed by a group of companies, including Mastercard, Visa and PayPal.
As the cost of "sequencing" DNA has dropped, more and more patients are undergoing genetic testing. How will the medical industry use that data to further research and clinical practice while preserving the privacy of patients? David Yizhar, the founder and CEO of Israeli startup Geneyx, thinks blockchain technology could offer a solution.
Hackers steal our data. Tech firms abuse it. Can blockchain fix our privacy woes?
Last year, Sara Reynolds found herself among the brightest minds of her generation at a blockchain conference for students at the University of California, Berkeley. But when she looked around the auditorium, she noticed something: Nearly all the attendees were white men.
One third of the world's food is lost in transit, spoiled or destroyed because it is improperly stored or handled. By tracking waste in the supply chain, StaTwig aims to eliminate it.
Diwala seeks to address two major global problems: lack of identity and certification fraud.
Chronicled is developing a blockchain based solution to supply chain management, recording all of the transactions that take place as pharmaceuticals travel from factory to container to shelf.
The healthcare industry is ripe for a blockchain-inspired transformation, and SimplyVital Health is leading the charge.
Prescrypto provides a blockchain-based infrastructure to collect prescribing information, route that information securely to pharmacies, and provide a history of medications used by each patient.
"If successful, a decentralized prediction market would be a benefit for society," one expert told Newsweek.
In March, the virtual currency was priced at more than $11,000 per coin. It has been on a downward trajectory ever since.
Cryptocurrency advocate asserted: "The McAfee Redemption Unit is real and coming."
A pizza order in 2010 was the first ever real-world use of the cryptocurrency—with 10,000 bitcoin worth just $41.
The companies involved have promised shorter wait times at restaurants and an overall easier trip abroad.
"I'm setting up a small group to explore how to best leverage blockchain across Facebook," said executive David Marcus.
Billionaires Warren Buffett and Bill Gates both derided bitcoin as a very poor investment on several levels, with Gates referring to the cryptocurrency as one of the "crazier" ways to invest one's money.
The blockchain is a distributed public ledger of cryptocurrency transactions.
Venture capitalist believes bitcoin's days may be numbered, but the blockchain will live on.
Russian plans to create its own regulated version of bitcoin.
Projections suggest bitcoin mining will require all of the world's current energy production within three years.
An apartment in Kiev, Ukraine, is the world's first property to be sold on the online ledger.