ethereum

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Ethereum is about 1 million times less efficient for storage, network and computation

By | 2018-08-06T20:05:11+00:00 August 6th, 2018|Categories: blockchain, cryptocurrency, fintech, world|Tags: , , , , , , |

Blockchains are not for simple raw efficiency. The creator of Ethereum, Vitalik Buterin, explained how Ethereum is one million times less efficient than Amazon EC2 for computing, network and storage at this time. Ethereum World Computer Compared to Amazon EC2 Cloud prices Looking at Amazon EC2 (cloud) pricing. For medium scale computing the cost is 4 [...]

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Oasis labs Privacy first blockchain with hundreds of times better performance and lower cost

By | 2018-07-17T00:44:04+00:00 July 17th, 2018|Categories: artificial intelligence, blockchain, cryptocurrency|Tags: , , , |

Oasis Labs is building a privacy-first, high-performance cloud computing platform on blockchain. Oasis Technology has the following capabilities: * Privacy-preserving smart contracts: programmed and self-enforceable privacy protection without relying on any central party. Privacy is built into each layer from the application down to hardware. * High-performance for real-world complex applications. Oasis believes scalability is more [...]

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BMW piloting blocking tracking of mileage for leased cars

By | 2018-05-08T14:52:00+00:00 May 8th, 2018|Categories: altcoins, blockchain, cryptocurrency, fintech, ico, world|Tags: , , , |

BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program. The effort is being carried out in partnership with blockchain startup DOVU - one of five startups to work with BMW Group UK as part of the company's Innovation Lab, first unveiled back in February. Specifically, DOVU developed a [...]

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