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Showing posts from June, 2020

Russia Try's Blockchain Voting System

Voting is one of the use cases that could be incorporated into the blockchain network as and this part of what devoted blockcchain enthusiasts and experts have encouraged governments to step up their electoral systems and incorporate blockchain network in their electoral process. And in recent times we have seen countries like Sierra Leone   whic is the first to adopt the blockchain voting process. Then Russia’s blockchain-based voting system for the Constitutional amendments is off to a rocky start after going live earlier on Thursday 25th June 2020, according to local media reports.  E-voting, scheduled to take place from June 25 to June 30 for residents of Moscow and Nizhniy Novgorod, is based on the Exonum blockchain platform developed by Bitfury. The blockchain will allegedly help to encrypt votes to provide secure and immutable data. Moscow and Nizhniy Novgorod residents can vote offline or online via a special website that, according to a report from RIA news agen

The United States Investors Of Tezos’s 2017 ICO May Be Eligible for $25M Settlement

Investors who participated in Tezos’s (XTZ) initial coin offering between July 1, 2017, and July 13, 2017, have been notified that they may be eligible for a share of the proposed $25 million settlement to an ongoing class-action lawsuit alleging securities violations. What may comprise the case’s final settlement hearing is set to take place on Aug.27th 2020 to determine whether the settlement and proposed plan of allocation will be approved as “fair and reasonable” and whether attorney’s fees will be awarded as part of the agreement. Per a release on Monday, Block & Leviton, the firm behind the lawsuit, is now seeking to notify qualifying investors that they may be eligible to receive a share of the settlement accordingly. ICO investors are instructed to visit www.TezosFoundationSettlement.com to submit a claim. Settlement Set To Take place Anytime Soon The settlement was proposed on March 20 by the Tezos Foundation, which confidently believes that the move “is in

Katie Haun: Money Likely To Be Digital in 10 Years.

It is no longer news that money has gone digital. with the cashless policy being operated by many nations transcending to the use of credit cards, bank-apps, short transaction codes and most recently the cryptocurrency. apparently the world is already experiencing and transacting money digitally with new innovations in fin-techs springing up everyday. With the recent development in the industry especially with the conversation going on around cryptocurrency most experts have come up with various predictions and  forecast. Recently, Katie Haun , a general partner at Andreessen Horowitz,  a venture capital firm in Silicon Valley, California, that backs bold entrepreneurs building the future through technology .  Stated that in 10 years money will be digital, the same way books and music are today and that efforts such as facebooks' Libra which the venture-capital firm has invested in, will be key to getting there. There will be other entrants in this category,” Haun