Digital asset security infrastructure outfit Metaco has partnered with tech conglomerate IBM to utilize the latter’s cloud platform for enterprise-grade digital asset custody solutions. According to a press statement issued on Thursday, Metaco will leverage IBM Cloud and IBM Cloud Hyper Protect Services for its digital asset orchestration system. The goal of the partnership is to provide adequate digital asset custodial services for banks and other highly regulated financial services firms looking to participate in the digital asset ecosystem across use cases like tokenization, custody, and transaction management among others. As part of the announcement, Metaco will reportedly utilize IBM’s …

On Jan. 3, 2009, Satoshi Nakamoto mined the Bitcoin genesis block and launched the largest technological gold rush of the century. Bitcoin (BTC) was at once a software, a “protocol,” a network, a development team and a new thing called cryptocurrency. Simultaneously, cloud technology proved that abstractions and application programming interfaces could facilitate explosive scalability and product agility, removing all of the distractions that were prevalent in 90% of any application’s technology stack. Despite the onset of dozens of competitors that have appeared since Bitcoin’s inception, almost all have been vertically integrated and none have resulted in the same changes …

Major United States-based cryptocurrency exchange Coinbase is experiencing “elevated error rates on some backend systems due to an AWS service outage,” according to an official post on Nov. 25 shortly after 7:00 pm PST. In an announcement posted nine hours prior, Coinbase said that trading was not being impacted at the time. The following update removed this statement, stating: “You may encounter intermittent delays or errors while transacting, as well as accessing other parts of our applications. Customer support inquiries are also delayed.” The AWS issue has had a significant impact on the tech sector more broadly, with platforms such …

Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers are showing increased interest. For example, Google Cloud recently became a network block producer by joining the EOS blockchain community. Block producers on EOS are elected by token holders to add transactions to blocks, add blocks to the blockchain, and implement software changes. While Google Cloud must still be elected to become one of the 21 active …

China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO of Red Date Technology, a local private company and a founding member of the BSN, told Cointelegraph that the new website allows developers to use BSN services and public chain services via the portal. As part of the new global effort, the BSN now features live integration of six public chains including Ethereum, EOS, Nervos, Tezos, NEO …

Chinese content generation platform TikTok, a video-sharing app that has been called the fastest-growing social networking service in history, has been in the spotlight since early 2019 and now surpasses 800 million users. Despite the fact that the app’s data security breaches are raising controversy worldwide, more and more young people are using it as the go-to social media for the new generation, with a reported 69% of TikTok’s global audience being between the ages of 16 and 24. Despite its overwhelming success and rapidly growing user base, the truth behind the worldwide sensation is that “the new Instagram" is …

The ongoing global COVID-19 pandemic has upended businesses around the world, forcing companies to retool their organizations to weather one of the worst disruptions to the global economy in decades. In the face of unpredictability, both decentralization in the workplace and system architectures have taken center stage as methods to combat ever-changing circumstances. While each company faces its own set of challenges, decentralized organizations are inherently better equipped to take on today’s inclement business environment. Decentralization via microservices Binance’s system architecture is a good case study when it comes to decentralization. Over the past two years, our core development team …

In my approximately two-decade career at Microsoft, I had the privilege and the opportunity to first work on the company’s emerging enterprise strategy, to architect and ship key enterprise technologies, and to build a strategic enterprise business and profit and loss. I think I can say with some level of credibility that I understand the enterprise software business well, and this is what leads me to the question of why enterprise blockchain adoption is still gently meandering along. First, let us start with the question of how emerging technologies typically get adopted by an enterprise. How does enterprise adoption typically …

I chose artificial intelligence as my next topic, as it can be considered as one of the most known technologies, and people imagine it when they talk about the future. But the right question would be: What is artificial intelligence? Artificial intelligence is not something that just happened in 2015 and 2016. It’s been around for a hundred years as an idea, but as a science, we started seeing developments from the 1950s. So, this is quite an old tech topic already, but because of the kinds of technology that we have access to today — specifically, processing performance and …

Binance’s newly released Binance Cloud platform might be somewhat different from what the crypto industry expects the new feature to be. After Binance founder and CEO Changpeng Zhao (CZ) first hinted at the introduction of Binance Cloud on Feb. 8, the new service has been officially released on Feb. 17, targeting users willing to set up crypto exchanges, according to a blog post by Binance. All-in-one infrastructure for launching a crypto exchange According to the announcement, Binance Cloud will serve as an all-in-one infrastructure platform for customers and partners to launch digital asset exchanges based on Binance’s industry-leading technology, security, …

Microsoft’s blockchain-enabled cloud service Microsoft Azure announced new tokenization and blockchain data management services. In a post published on the official Microsoft Azure blog on Dec. 6, the IT service giant announced the Azure Blockchain Tokens and blockchain data manager. New tools for Azure blockchain users The Azure Blockchain Tokens service aims to simplify the definition, creation and management of compliant tokens built to industry standards. The firm also provides pre-built templates for common uses and hosts a gallery for templates created by partners, which are expected to be added in the future. The announcement reads: “With this latest offering, …

Microsoft’s blockchain-enabled cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens (NFT) aimed at rewarding its developer community. The tokens represent cartoonish badgers (a play on the word “badge”) and aim to compensate positive behavior in Azure’s community. Each badger has a limited supply ranging from just 100 units to 10,000, Microsoft announced on Dec. 4. The firm said: “Azure Heroes aims to reward individuals for verifiable acts of impact such as coaching, creating demos, building sample code, blogging about Azure or completing certain challenges. Community members that have demonstrated their contributions will be recognised with badges across …