Microsoft’s New Ethereum Blockchain Product Gets Rid of Mining

Software giant Microsoft has debuted a new Blockchain as a Service (BaaS) product that allows businesses across industry verticals to deploy a flexible instance of Ethereum tailored specifically for enterprise environments.Announced on Tuesday, Ethereum Proof-of-Authority on Azure allows enterprises to build applications on an Ethereum blockchain that is not secured by a Proof-of-Work (PoW)...

IBM-Maersk blockchain alliance cuts oceanic shipping times by 40%

The TradeLens shipping partnership now has 94 partners, despite blockchain skeptics. Did you just get a TV from Tokyo or flowers from France? Blockchain, that potentially disruptive but much-derided technology, might have helped deliver the goods. A blockchain-based IBM partnership with global shipping colossus Maersk has now expanded to include 94 partners, Big...

World’s Biggest Stock Exchange Operator is Launching a Bitcoin Market

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has announced that will list a physically-settled bitcoin futures contracts and form a new company whose mission is to make bitcoin a mainstream financial asset.ICE to Launch Physically-Settled Bitcoin FuturesICE made the groundbreaking announcement on Friday, revealing that...

Flow and Cryptomkt Enable Crypto Payments at 5000+ Stores

Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed.5,000+ Stores Accept CryptocurrenciesCryptocurrency exchange Cryptomkt announced this week that...