Latest News On Cryptocurrencies

Booking  travel  in the US has been basically dominated by two major companies, Expedia and Priceline (who own all the other major sites). But  Blockchain  technology is about to change all that through a new non-profit system offered by  TravelChain . The company has announced that it will provide users a methodology for booking travel that will bypass the current travel monopoly in the US. The concept is to use Blockchain to incentivize its users for posting feedback on travel using TravelTokens, the internal  cryptocurrency  for the system. The announcement was followed by the presentation of the platform to the participants at  BlockShow Asia  this year. The team has coined the term ‘travelution’ - a revolution in the way travel takes place. The announcement was a statement on the platform, and the many ways that it will change how travel and rewards are earned and distributed. “Amazing event, best we have ever participated in...

Google , a search engine that began as a research project back in 1996, has come to dominate the world of search. This immense domination of the Internet by Google led the Australian government to launch the  latest probe  into the company’s monopoly on Dec. 4. And in June the  European Union  fined the company a record € 2.4 bln for manipulating search records. The EU competition commissioner Margrethe Vestager told  The Verge : “What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation.” Clearly, the search engine sector could need an infusion of fresh blood to not only keep the spirit of innovation alive but to also give consumers a choice. What if the next generation of search engine was powered by the community and based on open source technology? Pres...

The National Bank of Ukraine is expanding the team working to move the country's national currency, the hyrvnia, to a blockchain. Revealed in an email to CoinDesk, the number of people added and who they are is being kept private for now, but the expansion shows a level of intent that hasn't been seen at many other central banks. "Today, we've reinforced our team with world-class professionals and are optimistic that the project will get a boost in upcoming months," wrote Yakiv Smolii, acting governor of the central bank. While the details of the team were not made public, CoinDesk last week  reported  that Ukraine-based Distributed Lab is helping with the build. Distributed Lab's founder, Pavel Kravchenko, confirmed that the startup is at least partly "responsible for [the] architecture, blockchain research and development and security analysis" of the institution's initiative. Central banks across the globe have been discussing ...