BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
Blockchain Technology explains the foundation of cryptocurrencies and decentralized systems. This section helps readers understand how blockchain works, its core components, and its real-world applications across finance, supply chains, gaming, and Web3 innovation.
How Blockchain Works – A simple breakdown of blocks, nodes, and distributed ledgers.
Consensus Mechanisms – Learn about Proof of Work, Proof of Stake, and other validation models.
Smart Contracts – Understand how automated agreements power decentralized apps.
Real-World Applications – Explore blockchain use cases in business, finance, and beyond.
Future of Blockchain – Insights into scalability, interoperability, and upcoming innovations.
Stay informed with Blockchain Technology to gain a clear understanding of how this innovation transforms industries and drives the evolution of the digital economy.
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The Chicago-based adult entertainment magazine Playboy sued a Canadian blockchain project for failing to meet the contract terms. As stated in the lawsuit submitted in August with the Los Angeles Superior Court, Playboy and Global Blockchain Technologies (GBT) have become partners in March after the two companies signed an MOU. Under the contract, GBT has [...]
Jeju Island is looking to become an ICO hub and offer cryptocurrency projects the opportunity to organize token sales in a self-regulated environment. South Korea is currently passing through a tough period regarding the cryptocurrency activities. Despite the country's ban, its Jeju Island is seeking to create a productive environment for Initial Coin Offerings. According [...]
A regulatory body of Saudi Arabia has issued a notice that recalls cryptocurrency trading is still illegal throughout the country. According to a notice published on Sunday, the standing committee has clarified that virtual currency trading is illegal in Saudi Arabia due to "negative consequences and high risks on traders as they are out of [...]
San Francisco –based cryptocurrency exchange and wallet service provider Coinbase has revealed that it made a few updates to its Index Fund, reducing its annual management fee and adding support for Ethereum Classic (ETC), according to a blog post published on August 13. The U.S. exchange announced the reduction of its Index Fund’s annual management [...]
The Korean Cannabinoid Association plans to use blockchain technology to carry out some studies on cannabidiol. The Korean Cannabinoid Association (KCA) announced during a conference last week in Seoul that it will begin clinical studies on cannabidiol (CBD), a constituent drug of cannabis used in chronic neurological disease therapies such as multiple sclerosis. The project [...]
The PGA (Professional Golfers Association) Championship’s computer system has been the latest victim in a hacking attack in which they requested the ransom to be paid in Bitcoin. The PGA’s computer system experienced a security breach which left some files inaccessible until Bitcoin $6523.55 +1.41% are paid for the ransom, according to Newsmax. While viewers [...]
An Australian bank intends to integrate bonds on a blockchain-powered protocol. The world's first "Blockchain Bond" will be developed by the Commonwealth Bank of Australia. The bond, recognized as a bond-i or "Blockchain Offered New Debt Instrument", will become the first of its kind to be operated using blockchain technology. Representatives of the Commonwealth Bank [...]
According to an IT Brief report, Australia could soon see the world’s first solar-powered Bitcoin mining center. The ultra-modern facility is situated in the coal-mining town of Collie, about 200 km south of Perth, and it’s being developed by data center operator DC Two and subsidiary D Coin. The hardware for the renewable energy-powered farm [...]
Logistics firm AP Moller-Maersk and tech giant IBM announced that they are signing up users for their new and innovative blockchain-based cross-border supply chain program powered by TradeLens. IBM and Maersk have announced a joint venture earlier this year, but they have since then tweaked their partnership, and will now work on the TradeLens platform [...]
After the whole fiasco involving various banks shutting down the accounts of Orionx, Crypto MKT, and Buda, and the Chilean court ruling their decisions as illegal, Chile seems to be back on track with its crypto revolution. Crypto MKT, one of the biggest Chilean cryptocurrency exchanges, has recently announced that Chilean citizens can now buy [...]