Four Countries Where AI and DLT Exist Hand-in-Hand

Have you ever heard about smart cities where traffic, public services and document circulation are fully automated? The smart city concept integrates big data and the internet of things (IoT) to optimize the efficiency of urban processes and services and connect to residents. One example of this innovation could be light sensors that save electricity and road surveillance costs. The basis for how automated systems and infrastructure sensors will coordinate their activities and communicate with each other is currently being tested in Dubai, some cities in China and the US.…

Walmart Patents Blockchain System for Accessing Medical Records

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Big-box retailer Walmart has been awarded a patent for a system that is designed to store a patient’s vital medical records in a blockchain database. The information can then be retrieved at the scene of an emergency when a patient is unresponsive and can’t communicate with first responders. To protect privacy the only medical information that is stored on the blockchain database is emergency-specific. The system described in the Walmart patent titled “Obtaining a Medical Record Stored on a…

Crypto Markets See Only Slight Gains and Losses With BTC, ETH in the Green

Crypto markets continue seeing mixed signals since last Sunday’s market slump, with four out of the top ten coins on CoinMarketCap in the green today, June 17. Market visualization from Coin360 Total market capitalization of all cryptocurrencies is holding steady from yesterday’s levels around $280 bln, up from a mid-week low of $264 bln. Total market capitalization chart from CoinMarketCap Bitcoin (BTC) is trading at an average of $6,505 at press time, hitting almost exactly the same price point as it did 24 hours ago. Bitcoin price chart from Cointelegraph’s…

A Regulatory Win for Ethereum and a Falling Market

Top Stories This Week Fundstrat’s Tom Lee Points To Bitcoin Futures As Reason For Price Declines Tom Lee released a report this week that posited that the reason for the falling price of Bitcoin can be linked to the expiration of Bitcoin futures contracts. According to Lee, Bitcoin’s price usually drops around 10 days before the expiration of the futures contract, but then rises again about 6 days after it expires. German Government Doesn’t Think Bitcoin Threatens Financial Stability Officials from Germany’s federal government do not believe that Bitcoin poses…

Ex-Denver Post Journalists, Editors Launch New Blockchain-Powered Colorado News Outlet

Former Denver Post reporters and editors plan to launch a new local media outlet in partnership with ConsenSys-backed blockchain startup Civil Media Company, The New York Times reports today, June 17. According to the Times, the group left The Denver Post to create a new local state online newspaper, The Colorado Sun, after newsroom layoffs and deteriorating morale following newspaper’s change in ownership. New York hedge fund Alden Global Capital took control of The Denver Post after acquiring its parent company, MediaNews Group, and manages it through a subsidiary, Digital…

EOS Blockchain Back Up and Running Again After Yesterday’s ‘Pause’

The recently launched EOS blockchain has resumed operations today, June 17, after “pausing” due to technical issues on June 16, according to the EOS network monitor. The EOS network monitor is currently showing that EOS block producers (BPs) – the equivalent of miners on the Bitcoin blockchain – are “producing right now.” Yesterday, multiple sources reported an issue with the EOS Mainnet, or blockchain, that led to network operations “freezing” less than 48 hours after officially going live. The blockchain went live just under a week after candidates to become…

Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction?

Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken). The pair may move a few points higher, but there are many hurdles on the upside near the $6,800 level. Bitcoin price is stable above the $6,400 level against the US Dollar. BTC/USD must gain momentum above $6,600 and $6,800 to move into a bullish zone. Bitcoin Price Resistance This…

Ethereum Price Weekly Analysis: ETH/USD Remains at Risk

Key Highlights ETH price is struggling to move higher above the $510 and $520 resistance levels against the US Dollar. There is a key bearish trend line in place with resistance near $505 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses if it fails to move above the $505 and $510 resistances. Ethereum price is slowly moving lower versus the US Dollar and Bitcoin. ETH/USD could decline further if sellers remain in control below $500. Ethereum Price Resistance This…