Russian government prioritizes Blockchain development

Russian First Deputy Prime Minister Andrey Belousov, addressing the higher chamber of the Russian parliament on Wednesday, named blockchain as one of the technologies that the government will prioritize in the near future. Belousov said that the government will support technologies that facilitate the interactions between the state and the largest corporations. In addition to blockchain, he named a number of other key technologies: AI, quantum computing, new materials, quantum sensing, microelectronics, Internet of Things, 5G technologies, quantum communications and energy. Belousov also said in order to foster the development of…

Inside the blockchain developer’s mind: The upgradeability crisis

This is Part 1 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 2 on the vertical scaling crisis and Part 3 on the governance crisis as they go live on Sept. 24 and 25. It is our belief that there are three fundamental problems, or crises, that are standing in the way of blockchain adoption: upgradeability, vertical scaling and governance. In this article, we are going to explore the upgradeability crisis and how computer operating systems…

Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association

On Wednesday, the Chamber of Digital Commerce announced the addition of Visa, Goldman Sachs and Six Digital Exchange (SDX) to its executive committee. Mick Mulvaney, a former White House Chief of Staff and a co-founder of the Congressional Blockchain Caucus will also be joining the chamber’s board of advisors. Mulvaney left the White House in March. On the board, he will be joining a number of figures familiar to Cointelegraph’s readers, including Don Tapscott of the Blockchain Research Institute and former CFTC Chairman Chris Giancarlo, who is now with the…

Star Girl’s one million active users go with the Flow blockchain

Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow. On September 22, blockchain gaming firm Animoca Brands announced that its MotoGP and Star Girl games will launch on the Flow blockchain early next year. Animoca is an investor in Dapper Labs. The Star Girl series consists of multiple free-to-play mobile games owned by Animoca and claims a monthly user base of one million players. Dapper Labs’ chief business officer, Mik Naayem, welcomed Animoca’s titles onto…

Emin Gün Sirer’s $42 million blockchain for DeFi scaling has launched

Avalanche, a blockchain offering scalability to the world of decentralized finance took its mainnet live on Sept. 21.  “From Snowflake to Avalanche, the decentralized platform has come a long way, and its journey has only just begun,” Ava Labs said in a Sept. 21 statement on the mainnet launch. Ava Labs is the entity responsible for building the Avalanche blockchain and project. Emin Gün Sirer, ranked 52nd on Cointelegraph’s list of the top 100 people in crypto and blockchain, serves as Ava Labs’ CEO.  Avalanche runs its own consensus protocol, paving the…

Austrian gin makers to use blockchain to guarantee bottles’ rarity

The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security of the tracking system. NFC chips and devices function as electronic identity documents and keycards and are currently used in contactless payment systems and mobile payments services that replace credit cards. For The Stin’s supply chain, block42 will be fitting 999 bottles of the distiller’s limited-edition…

European central bank execs explain why CBDCs don’t need blockchain

Global central bank digital currencies, or CBDCs, do not require the use of blockchain technology, according to executives at major European central banks. Thomas Moser, an alternate member of the governing board at Swiss central bank, and Deutsche Bundesbank’s Martin Diehl discussed the state of CBDCs at the European Blockchain Convention Virtual 2020 conference on Sept. 21. During the online panel discussion, both Diehl and Moser seemed to agree that global CBDC projects like China’s digital yuan do not need blockchain, citing a number of reasons. Moser said that the primary…

US Space Force taps blockchain firm Xage Security for data protection

The recently created United States Space Force, or USSF, and the U.S. Air Force Research Lab has chosen blockchain firm Xage Security to develop data security systems. In a statement, Xage Security said it was awarded a contract to provide end-to-end data protection for the USSF. The company will employ its blockchain-based Xage Security Fabric solution for the project. The company said Xage Security Fabric has a unified platform that can secure all systems and removes single points of entry so hackers can’t wipe information. It will allow the USSF…

The US is number one…in blockchain patents

Despite Alibaba filing more patents, the United States still takes the lead as the country with the most blockchain copyrights, a Sept. 17 report from intellectual property consultancy KISSPatent. The U.S. has 2,112 patents, followed by the Cayman Islands with 350 filings and Canada with 118. The rest of the top six are Japan with 108, South Korea with 87 and China with 77 patents.  The Cayman Islands is second, as most of Alibaba’s blockchain applications are located on the island.  Although Chinese companies are often represented in various “top…

Indian state of Tamil Nadu announces blockchain infrastructure plan

The Indian state of Tamil Nadu unveils new technology projects, including a blockchain infrastructure, to create easier government processes. Indian chief minister Edapaddi K. Palaniswami announced Tamil Nadu’s adoption of an ethical blockchain policy, according to The New Indian Express.  Palaniswami also announced that Tamil Nadu intends to launch a project to provide Knowledge Proof Identity-based services delivery, which, according to the minister, will revolutionize the way the government provides its services to citizens. The project will be implemented by establishing and leveraging the State Family Database (SFDB) and Blockchain…