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Sony, the Japanese technology giant has announced its creation of a multi-application contactless cryptocurrency hardware wallet. According to developers at Sony Computer Science Labs (SCSL), the device will utilize IC smart card technology to communicate with Bitcoin (BTC) or other cryptocurrency networks. A basic plus to the Sony wallet is its ‘contactless’ feature. By this feature, Sony discarded the common crypto hardware USB to host device feature and launched a totally independent hardware wallet which…

HTC, popular Taiwan-based mobile phone brand and pioneer developers of virtual head gears for video games; has made public its plan to launch a Blockchain-powered phone. The new smartphone is quoted by many as part of the company’s plans to ride on the cryptocurrency hype and regain relevance after selling most of its stake to Google last year. The blockchain powered smartphone named HTC Exodus 1 is available for pre-order and will ship to customers…

Trezor, popular cryptocurrency hardware (physical) wallet has announced an upgrade to support in-wallet coin exchanges on its device. Prior to this time the Trezor Wallet and indeed most hardware wallets were solely for holding or storage of digital assets (cryptocurrencies). However, with this new feature added on Trezor Model T, users of its hardware wallet can now directly exchange one coin for another within the wallet interface. According to an official publication its page,…

Mansion for sale – Roy Niederhoffer, New York resident and President of New York hedge fund R.G Niederhoffer Capital Management Inc is placing his 10,720 square foot mansion for sale. The six floors mansion located at 40 Riverside Drive in Manhattan was bought by Mr. Roy in 2013, for about $12.9 million. Five years after its renovation, he has reluctantly put up the mansion for sale at $16 million; with payment to be accepted in…

Bill and Melinda Gates Foundation is teaming up with Ripple Labs Inc. (Developers of XRP coin) and California-based blockchain firm Coil to launch a project aimed at enhancing financial access for unbanked and underprivileged communities. The partnership as announced by Deputy Director of the Gates foundation, Miller Abel who explained that the foundation carries out lots of charity work in developing countries but constantly faced inefficiency problems due to poor financial infrastructure in these communities. According…

Cannabis- Canada-based crypto and blockchain company, DMG Blockchain Solutions Inc. has made public its development of a global supply-chain management platform based on blockchain technology for the now legal cannabis industry. This proposed launch comes on the heels of the official legalization of recreational marijuana and weed related products on 17th October 2018 by the Canadian Government. Cannabis/Marijuana had before now, been only permissible for medicinal uses within the country. Canada has by this feat become…

Rwanda has partnered with a U.K. based blockchain firm Circulor to utilize blockchain technology in tracing the mining of the country’s conflict metal, Tantalum. The East African nation is the world’s leading producer of Tantalum, the mineral used in production of consumer electronics like smart phones (including Apple i-phones) and computers. According to a press release by the country’s Mining, Petroleum and Gas Board, Rwanda looks to ensure more transparency in the production of this mineral-…

Microsoft, one of the world’s top tech and IT companies looks set to introduce new innovations hinged on Blockchain Technology. The proposed concepts are built on the foundation of Decentralized Identifiers (DID) through the World Wide Web. Decentralized identifiers help protect customer’s digital assets by granting them independence of operation and express ownership of their accounts devoid of company or government interference. DIDs aim at greater privacy and security for users. Unlike the current systems,…

Binance Uganda – Binance, a major international cryptocurrency exchange and the largest by trading volume of about $1.8 billion daily, has announced the launch of its fiat-to-crypto exchange situated in Uganda. The exchange (Binance Uganda) is a subsidiary of the company and its first fiat-to-crypto exchange. The new exchange boasts of a capacity to process an average 1.4 million transactions per second hence one of the fastest globally. Prior to this official launch, Binance Uganda had already…

Lightning Network- Technological advancement has overtime formed the core of all key spheres, with a constant upgrade of existing technology to portray new findings, address flaws or lags and incorporate new features all aimed at providing end users maximum utility through adoption. An Insight The cryptocurrency sphere has in recent times seen lots of technological upgrades with emerging products across niches amid calls for improved services by investors, developers, miners and end users. Most paramount herein…