IBM and Maersk pull the plug on blockchain shipping platform
Maersk and IBM plan to take TradeLens offline in the first quarter of 2023. The blockchain platform records the contents, journey and trade of shipping containers. Now, four years after its launch in 2018, the end is in sight.
TradeLens was developed by IBM and GTD Solution, a division of Maer... Read more
Is Filecoin cheap storage or some kind of ponzi scheme?
We were recently presented with a very complex presentation about Filecoin. It offers a decentralized storage solution for archival data, based on blockchain technology and is also a cryptocurrency. It brings storage providers together to jointly offer enterprise storage at 95 percent lower cost.
... Read more
Cybercriminals steal nearly €600 million in hack on Binance BNB Chain
Cybercriminals captured about €586 million ($570 million) in a hack on Binance. The hack was possibly caused by a flaw in a software tool for automatically executing transactions.
The hack allowed the cybercriminals to steal 2 million BNB, Binance's own cryptocurrency. 2 million BNB has a mark... Read more
Technology providers to follow top trends in 2022
Top modern trends are expected to drive technology providers in 2022 and beyond.
The technology industry has evolved dramatically over the last five years, with many new trends impacting companies large and small. Here are just a few of the top trends driving technology providers in 2022.
Big... Read more
Dell releases Metaverse 3D software development reference designs
Dell Technologies revealed 2 new modern designs for usage by companies building software programs for three-dimensional online environments characterizing the Metaverse.
The Metaverse is a network of 3D virtual worlds, encompassing technologies like blockchain, digital twins, smart objects, arti... Read more
Microsoft provides defense against the “ice phishing” on the blockchain
As the adoption of Web3 and blockchain technologies rise, Microsoft warns the De-Fi network (world of finance) about a new cyber threat: ‘Ice Phishing.’
The rapid progress in decentralized technologies, smart contracts, blockchain, DeFi, metaverse, and Web3 has sparked a fire in the cryptogr... Read more
Intel is working on a crypto mining CPU
Intel will launch a blockchain accelerator processor this year. The CPU is suitable for running blockchain algorithms and crypto mining, among others.
The blockchain accelerator processor enables so-called SHA-256 algorithm to be run. These algorithms are often used for mining cryptocurrencies a... Read more
European Union starts developing Web3 technology
Gaia-X, an EU initiative, is collaborating with Vereign and DAASI International to develop 'Self-sovereign Identity' (SSI) technology. Users of SSI technology receive a 'wallet' in which their personal data is stored. Any processing of personal data is recorded in a blockchain.
The concept is st... Read more
Google CEO on Web3: ‘we want to support it as best we can’
Google is venturing into the untamed territory of non-fungible tokens, cryptocurrency and Web3.
At a yearly earnings call, Google CEO Sundar Pichai was about Google's vision for Web3. "Any time there is innovation, I find it exciting. I think it's something we (Google) want to support the best w... Read more
Google Cloud launches team to help users develop blockchain apps
Google is putting together a digital assets team to help its cloud customers build blockchain-based apps, according to a Thursday report. Richard Widmann, the head of strategy for digital assets at Google Cloud, spoke to CNBC and said the company plans to hire several people with blockchain experti... Read more