Israel Diamond Exchange to Launch Diamonds-backed Cryptocurrency

The world’s largest diamond exchange hopes cryptocurrency can turn diamonds into a viable financial instrument. The Israel Diamond Exchange (IDE) has announced it signed an agreement with CARATS.IO to launch a digital currency backed by diamonds named CDC (CARATS.IO Diamond Currency). The developers explain that the new cryptocurrency will be based solely on investments in…

Bank of America Developing a Blockchain for ‘Real-Time’ Card Settlement

Bank of American needs someone with experience developing on Blockchain, Ethereum and Hyperledger. If you ‘re a programmer and want to ensure the success of your career, you seemingly can’t go wrong with focusing on blockchain technology, as it promises to be at the base of all money-related systems in the future. Bank of America…

SegWit (Segregated Witness)- Bitcoin

SegWit (Segregated Witness)- Bitcoin DEFINITION of ‘SegWit (Segregated Witness)’ SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain. Segregate means to…