More Although investments in blockchain technology continue, the switch to distributed ledger technology will not be instantaneous. So far, the investments have not given the expected results as the technology does not yet offer what the investors are looking for, Reuters writes. A review of 33 projects launched over the past four years by large companies shows there is still a long way before the technology can see more widespread adoption. Bloomberg writes that at least a dozen of these...

More Apple co-founder Steve Wozniak is launching a new blockchain project. Wozniak has invested in a blockchain energy saving company EFFORCE, and became the company's co-founder, Malta Independent wrote. He made the announcement at the pre-launch of the Delta Summit in Malta. The company will be focusing on energy efficiency. According to Wozniak, it will allow people to save money on energy while being more eco-friendly. He believes blockchain technology can contribute to lowering energy...

More The U.S. Congress is working on legislation defining blockchain. The Senate Commerce, Science and Transportation Committee approved the Blockchain Promotion Act, CNET reports. The bipartisan legislation instructs the U.S. Department of Commerce to set up a working group to define what “blockchain” is. The bill aims to create a blockchain definition on the federal level to ensure uniformity in definition among states. Besides preparing the definition, the Blockchain Working Group will...

More In the first five months of 2019, there were almost as many blockchain job listings as for all of 2018, TeQatlas research has shown. The company has analysed the data on open vacancies for blockchain-related positions, looking into disclosed salaries. It also provided the list of the top-15 blockchain employers, with IMB grabbing first place with 335 blockchain vacancies, followed by Oracle and pwc. The rise in blockchain job offerings is nothing new—the number of blockchain-related...

More Fujitsu Laboratories have created a blockchain-powered system which checks the identity of online payment participants, the company announced in a press release. Decentralized Identification (DID) provides individuals and businesses with a tool to rate other users' trustworthiness during online transactions. They each contribute and store the data on a shared "unfalsifiable distributed ledger." DID then analyses “the risk of falsification," giving the user a rating depending on how other...