Software developer Full Profile (Sydney) is bringing the distributed ledger technology to grain producers as a useful tool to ensure timely payment for delivery.
Bitcoin infrastructure giant will support the GreenAddresse team in improving privacy and security functions and making the wallet fully compatible with Blockstream's sidechain technology.
GreenAddress' founder and former CEO Nahum Lawrence, who became the senior architect Blockstream, announced that he is very satisfied with the acquisition.
“Blockstream is not just going to need some node service that provides some functionality, but it's also going to need an interface, a wallet. It will provide an integrated solution for Blockstream customers.”
According to him, GreenAddress already supports the principal functions of Blockstream sidechain, something other wallets seem to lack. It is expected that the two technologies combined will increase the wallet users' capabilities. GreenAddress also works to develop an open source wallet library, which will be available for multiple platforms and programming languages.
Sidechains are attached to a public ledger and allow operations with bitcoins and other assets between many blockchains at once. The sidechain technology enables bitcoins and other ledger assets to be transferred between multiple blockchains, which is very beneficial from the point of view of capitalisation. To develop it, Blockstream attracted $76 mln in two investment rounds.
In October 2015, the company launched its own sidechain Liquid, which extends blockchain functionality and allows users rapid transfer and settlement in a separate high-volume and low-fee secure cryptographic system.
GreenAddress, founded in 2014, was one of the pioneers to adopt innovations such as hierarchical deterministic purses that generate new addresses for each incoming transaction and secures it with the multisignature function.
The US-based cryptocurrency exchange has announced that so far it would not support Ethereum Classic after the last week’s split of the Ethereum network. Users notice a double spend glitch on the platform.
The bank has announced a partnership with British fintech companies over the blockchain and mobile certification technology development. For now, these are only memorandums of understanding.
The cryptocurrency exchange platform has expanded its geography to the Southern hemisphere. Now Australian residents will be able to buy bitcoins and ether.
The Ethereum Foundation will support the updated version of Ethereum, at the same time not hindering the development of Ethereum Classic alternative chain, the ecosystem’s founder says.
Visa Europe's innovation division cooperates with micro/nanopayment service SatoshiPay to create a pilot software that will combine the two payment systems.
The EU executive has announced an intention to establish a centralised database to collect and keep information about digital currency users.
Ethereum’s alternative token attracts miners’ attention with surging price and increasing trade volumes.
Technical Director of RosKomSvoboda Stanislav Shakirov has told CoinFox about the consequences of the possible bitcoin ban in Russia and how the group helps to push the issue into the political spotlight.
The Ethereum-based gold tokenisation platform has signed contracts with Singaporean precious metal dealer Silver Bullion and its subsidiary The Safe House.
The Financial Markets Authority (FMA) of New Zealand has informed of getting complaints about IGOT bitcoin exchange. Its clients claim they have problems with repayment.
BitcoinETI, the new exchange product allowing to invest only in the digital currency, has been listed on Gibraltar Stock Exchange (GSX) and German Deutsche Boerse under the ticker BTCETI.
Florida judge Theresa Mary Pooler dismissed criminal charges against bitcoin trader Michell Abner Espinoza, declaring that “bitcoin has a long way to go before it is the equivalent of money.”
The co-founder of the Australian blockchain applications developer Zhenya Tsvetnenko announced his departure despite the outstanding financial results in the June quarter.
German media link the recent firearm attack with the darknet where the perpetrator supposedly bought his weapon. A German politician has called for a crackdown on the darknet trade.