South Koreans now have Blockchain driving licences

One million South Koreans have given up their physical driver’s licenses in favor of a Blockchain-driven digital alternative. According to current usage statistics, Blockchain driving licences are already enjoying great popularity. The program – to be able to use Blockchain driving licenses from now on – was only launched in May. Nevertheless, one million South […]

MicroStrategy purchases $250 million worth of Bitcoin

U.S. software company MicroStrategy announced that it has acquired 21,454 Bitcoins for $250 million as part of its new investment strategy. Bitcoin is thus their primary investment to protect themselves against the devaluation of money and other assets. MicroStrategy is one of the largest companies in the field of Business Intelligence. This week, the company […]

South Korea’s largest bank plans to introduce crypto-custody services

Since a change in the law in March 2020, digital assets are recognized as such in South Korea. KB Kookmin Bank has now entered into strategic partnerships to further develop this emerging market and provide crypto-custody services. More and more major banks are focusing their strategy on digital assets. In 2017, the South Korean government […]

The basics of staking

Blockchain networks are public infrastructures maintained by economically motivated actors. Until today, the predominant method for ensuring the security and continuous operation of large Blockchains is proof-of-work mining. Proof of Work Mining (PoW) is the core innovation behind Bitcoin, making the existence of stateless, digital money possible for the first time. In recent months and […]