Technology

Nearly 120 youths, ages 14-24, now gather weekly in Rio de Janeiro for free courses about financial literacy, computer programming and blockchain technology. World Bank research field coordinator Erick Baumgartner told CoinDesk he went to three high schools in the crime-riddled Pavuna district to recruit students for the nine-month program, which started in May. “Even
IKEA Iceland has taken part in a commercial transaction on ethereum, using smart contracts and licensed e-money to facilitate the settlement of an order from local retailer Nordic Store. The transaction was carried out on a platform provided by supply chain management firm Tradeshift and used “programmable digital cash” from ConsenSys-backed Monerium, according to an announcement
“Profit is a bug.” That’s according to Lightning Network co-creator and Lightning Labs co-founder Tadge Dryja, who spoke earlier this month at Scaling Bitcoin in Tel Aviv. However, 18 months after the namesake startup released the beta version of LND, Dryja’s sentiment is not stopping nearly a dozen lightning-related firms from pushing toward monetization. Such
A pair of researchers have released the results of a formal verification of bitcoin’s lightning network. Lightning is new(ish), experimental, and bugs that could lead to loss of user funds are still being discovered. But even so, the paper – released last month by researchers Aggelos Kiayias and Orfeas Litos from The University of Edinburgh. Kiayias
Wallet developer Jack Mallers, the founder of Zap Solutions, wants to improve the Lightning Network’s user experience. To achieve that goal, Zap is launching a dollar-denominated bitcoin buying feature inside its lightning-friendly mobile and desktop wallet. Zap is kicking off the feature with an invitation-only beta release in late September. “We’ve architected the [wallet] codebase
When hundreds of entrepreneurs, investors and technologists descended on Tel Aviv Blockchain Week (TLVBW), few could have expected a better backdrop for exploring the lofty ideals and greedy impulses that drive today’s cryptocurrency industry. Duality is something Israelis know well. More than 430 people attended the D&DD Summit on Sept. 10, several dozen came to
Payments startup Breez has unveiled a new feature allowing lightning-based bitcoin purchases directly from its mobile app. The feature, made possible thanks to a partnership with fiat-to-crypto broker MoonPay, is available to users in 35 countries. According to the company, it simplifies the currently long-winded procedure for lightning payments. A “Layer 2” payment protocol that
Today see the launch of what is most likely the first ever blockchain-based initial public offering (IPO), with the national stock exchange of the Seychelles selling tokenized shares in its equity to investors worldwide. At 09:00 U.K. time (08:00 UTC), the shares will be available on the MERJ exchange’s own platform, as well as through broker-dealer