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Friday, May 17, 2019

CryptoCurrency News: Amazon Wins Patent for Proof-of-Work Cryptographic System



Tech giant Amazon has been granted a patent for a proof-of-work (PoW) cryptographic system similar to those used by many blockchains.

via CoinDesk

CryptoCurrency News: Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System



Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

via CoinDesk

CryptoCurrency News: Digital Renminbi: A Fiat Coin to Make M0 Great Again



Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan.

via CoinDesk

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