Blockchain News

Blockchain program for master's and PhD students will be added in UBC

Blockchain program for master's and PhD students will be added in UBC

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Graduate students will have an opportunity of studying a blockchain educational plan in the leading research university of Canada, the University of British Columbia. This type of educational plan is the prime in Canada as the university reported. The whole program includes four spheres: clean...

Two blockchain startups are being invested in by the National Association of Realtors

Two blockchain startups are being invested in by the National Association of Realtors

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On June 10, Propy announced that it is one of the two organisations, which was selected by Second Century Ventures 2019 Reach accelerator class. Second Century Ventures is the VC branch of the National Association of Realtors. Every year they choose several technology corporations to start their...

The Khanty-Mansi okrug is working on a blockchain-based platform for tourism

The Khanty-Mansi okrug is working on a blockchain-based platform for tourism

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A federal subject of Russia known as The Khanty-Mansi Autonomous Okrug is going to start a blockchain-enable platform designed especially for tourism industry. The International Economic Forum was being held in St. Petersburg from 5 to 8 June, where Roman Genkel, general director of Khanty-Mansi...

Few of us know that the technology named blockchain, that is so widely spread nowadays, was described back in 1991 by the group of researchers. It couldn’t find practical usage over 2 decades before 2009 when mysterious Satoshi Nakamoto used the technology as the basis of his invitation: the Bitcoin. But what is blockchain, how it works and what problems does it solve? There are a lot of definitions and explanations of this technology but ‘the distributed and open ledger’ describes it the best. Keeping the same information on each node of the network item and checking the compliance while adding any new block, makes blockchain almost absolutely secure and trustworthy. Not drowning in technical details too much we should say that right now blockchain is changing the traditional financial system. Thanks to this technology P2P transactions are reality nowadays. Democratic governments are implementing blockchain in more and more fields of public administration and this is just the tip of the iceberg.

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