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Google Is Bringing Blockchain Technology To Its Cloud Services

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As Google has committed itself to becoming an enterprise technology vendor, it has followed a path it knows very well in pitching big open-source projects as the solution to the challenges of distributed computing. The company has announced the second of two partnerships that will allow it to offer the financial services industry and others a cloud-based platform on which they can develop and run blockchain-based applications. In a blog post ahead of its Google Cloud Next "18 conference this week, the search giant said it is partnering with Digital Asset and BlockApps to enable customers to "explore ways they might use distributed ledger technology (DLT) frameworks on Google"s Cloud Platform (GCP).  The tie-up means that Google Cloud Platform (GCP) customers will now be able to build distributed ledger technology (DLT) frameworks (essentially the backbone of blockchain) in their own apps and services. Digital Asset is a provider of DLT software for the financial servi...

HTC Officially Announces A New Blockchain-Powered Phone

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Smartphone manufacturer HTC is taking a major leap into the cryptocurrency ecosystem and wider blockchain industry. The Taiwanese firm announced at the Consensus 2018 Blockchain Conference in New York of its plan to unveil “ HTC Exodus ,” which it describes as the “world’s first blockchain-powered Android phone, which was first reported by TheNextWeb . The Android-powered phone will be tailor-made to provide support for decentralized applications (DApps) like Crypto Kitties, and it will feature a secure hardware enclave to provide users with access to a universal cryptocurrency wallet that is native to the device. The phone will be compatible with multiple protocols and will also support interoperability. Image: Consensus 2018 (HTC Exodus) HTC Exodus will also support underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and other major networks. Moreover, it is expected that some more partnerships will be established later in order to sup...

Facebook Plans To Launch Its Own Cryptocurrency

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Facebook coin? This is not the first time the idea of a coin has been floated, but the plans take on some greater meaning in light of Facebook"s recently reshuffled executive structure and its recent plan of exploring the blockchain technology and now the company might be contemplating launching its own cryptocurrency. Facebook is said to use the cryptocurrency to facilitate transactions on its platform. The shift by the Tech giant would definitely be a monumental shift given Facebook’s huge user base and market influence. Facebook is "very serious" about launching its own cryptocurrency, according to a report from Cheddar . The report added that: “Facebook is specifically interested in creating its own digital token, which would allow its more than two billion users to facilitate transactions without government-backed currency. In a New Year Resolution post in January, Facebook CEO, Mark Zuckerberg mentioned that his company was open to research the blockchain tech. Las...

Child Porn Links Found On Bitcoin Blockchain

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Reuters reported that " researchers in Germany have found hundreds of links to child sexual abuse imagery on Bitcoin blockchain ." This revelation could mark out the blockchain as illegal. The circulation of child pornography has been a challenge that is almost difficult to rid the net of them entirely. With the internet, it"s effortless for such material to go viral, making it practically impossible to control or delete permanently. Beyond these, the victims themselves face a lifelong stigma and confrontation with the abuse they have suffered. The circulation, consumption, and production of such gory images are criminal offenses, punishable by law.  As such, these files discovered in blockchain, the digital ledger of cryptocurrency transactions, violate privacy laws.  The discovery includes eight data with sexual content; two of the files were interlinks to over 200 other links to sexual abuse imagery. Notably, the discovery also implicates other cryptocurrency traders ...