SegWit

In  a patent application released by the U.S. Patent and Trademark Office last week, American Express Travel Related Services describes using a "blockchain-based system" in order to receive "payment confirmation including a transaction amount and a merchant identifier." The concept is aimed at adding to what AmEx calls the "limited" number of options for generating quality evidence that payments happen between merchants and their customers "beyond a receipt or ticket. AmEx's patent highlights the tech's role in retaining "transaction data, contract data, proof-of-payment data, identification data, and/or other information as desired," with the idea being that a blockchain network – possibly a public one – would serve as an extra layer of proof for transactions that take place on AmEx's network. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think most major banks will adopt the use of blockchain technology? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖  #segwit  #segwit2x  #bitcoincash  #eth  #btc #cryptocurrency  #ico  #ai  #smartcontracts #initialcoinoffering  #ethereum  #ether  #bitcoin #altcoin  #litecoin  #cryptonaire  #sharecrypto #blockchain  #coinbase  #steemit  #monero  #bitcoins #cryptocurrencies  #cryptocurrencynews

#Schnorr the next big thing for Bitcoin? The proposal Schnorr, if approved, will be the largest code change since Segregated Witness ( #SegWit ). Do you support Schnorr upgrade? #bitcoin

You have probably seen this before; not a big fan of this comparison to be frank. There are many differences between cryptocurrencies and credit card payments. Bitcoin payments happen peer-to-peer and transaction authentication is decentralised. Credit card payments are centralised and if the issuing bank, receiving bank, or any other intermediaries have a point of failure, the transaction fails. However, this also raises an important topic; Bitcoin's specification of block sizes, which limits the maximum number of transactions processed per second. As you can see above, Bitcoin has a transaction speed of 7/s however many claim it's only 3-5/s. A few solutions have been proposed for the Bitcoin block size issue. One is Bitcoin Unlimited, which proposes removing the block size limit. Another is Segregated Witness (SegWit) which proposes doubling the block size. There is no consensus in the Bitcoin community on which direction to take yet, with support for Bitcoin Unlimited at around 36% and support for SegWit at around 27%. Any thoughts on this? #transaction #speed #bitcoin #segwit #bitcoinsegwit2x #bitcoinunlimited #blockchain #bitcoincash #bitcoins #blockchaintechnology #bitcoinnews #bitcoincash #ethereum #ripple #paypal #visa #litecoin #dash #crypto #cryptonews #cryptolife #cryptoworld #cryptocurrencynews

In a patent application released by the U.S. Patent and Trademark Office last week, American Express Travel Related Services describes using a "blockchain-based system" in order to receive "payment confirmation including a transaction amount and a merchant identifier." The concept is aimed at adding to what AmEx calls the "limited" number of options for generating quality evidence that payments happen between merchants and their customers "beyond a receipt or ticket. AmEx's patent highlights the tech's role in retaining "transaction data, contract data, proof-of-payment data, identification data, and/or other information as desired," with the idea being that a blockchain network – possibly a public one – would serve as an extra layer of proof for transactions that take place on AmEx's network. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think most major banks will adopt the use of blockchain technology? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews

Regrann from @sharecrypto - In a patent application released by the U.S. Patent and Trademark Office last week, American Express Travel Related Services describes using a "blockchain-based system" in order to receive "payment confirmation including a transaction amount and a merchant identifier." The concept is aimed at adding to what AmEx calls the "limited" number of options for generating quality evidence that payments happen between merchants and their customers "beyond a receipt or ticket. AmEx's patent highlights the tech's role in retaining "transaction data, contract data, proof-of-payment data, identification data, and/or other information as desired," with the idea being that a blockchain network – possibly a public one – would serve as an extra layer of proof for transactions that take place on AmEx's network. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think most major banks will adopt the use of blockchain technology? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews - #regrann

In a patent application released by the U.S. Patent and Trademark Office last week, American Express Travel Related Services describes using a "blockchain-based system" in order to receive "payment confirmation including a transaction amount and a merchant identifier." The concept is aimed at adding to what AmEx calls the "limited" number of options for generating quality evidence that payments happen between merchants and their customers "beyond a receipt or ticket. AmEx's patent highlights the tech's role in retaining "transaction data, contract data, proof-of-payment data, identification data, and/or other information as desired," with the idea being that a blockchain network – possibly a public one – would serve as an extra layer of proof for transactions that take place on AmEx's network. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think most major banks will adopt the use of blockchain technology? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews

It's the latest "smart delivery" intellectual property play from the retail giant, which in the past year has submitted a number of U.S. patent applications in this area. Indeed, the company seems to be looking at the technology as a way to automate elements of the delivery process, but to date, much of the company's public-facing work with blockchain has been focused on food supply chain tracking. In the newly released filing, Walmart detail system of delivery lockers – located at a person's home, transportation hub or other location – that can safeguard the delivered items until their recipients can come and actually sign for them. Blockchain fits into the conceived picture as a method of connecting those lockers in order to track which ones are occupied and which ones are free to be used. The application published on July 5 is entitled "Delivery Reservation Apparatus and Method," and as suggested, it outlines a way for managing package reservations in the context of the purchaser not being available to actually receive it. ➖➖➖➖➖➖➖➖➖➖➖➖ ❓Do you think Amazon should adopt blockchain for similar purposes? ❗️Share a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ ( Curated by @sharecrypto ) ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews

According to a global market research, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million in 2023. The 132-page report singles out “rising security concerns” as one of the major factors driving the spread of blockchain, which operators in the arena view as a potential safeguard despite its still-fluid regulatory status. “The blockchain in telecom market is driven by various factors, such as the increasing support for OSS/BSS [operations support systems/ business support systems] processes and rising security concerns among telcoms,” an abstract of the report summarizes. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think cryptocurrency is a bi-product of blockchain technology in that blockchain technology cannot exist without the use of cryptocurrency? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 🤩Follow @altcoindaily ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews via @altcoindaily

Robinhood’s blog post notes that they are planning to “further expand our coin offerings and add support for coin transfers,” writing that the entire Robinhood platform has a reach of more than 5 million people. Robinhood launched its zero-free crypto trading platform in February, originally supporting Bitcoin (BTC) and Ethereum (ETH), with trading available for U.S. residents in California, Massachusetts, Missouri, Montana, and New Hampshire. The app, which can be now be used across 17 states, raised $363 million in May during a series D funding round in order to expand its crypto-platform U.S.-wide. At the end of June, Robinhood had become the subject of rumors that they were launching their own cryptocurrency wallet after posting a job listing for cryptocurrency engineers. Also in June, Baiju Bhat, Robinhood’s co-founder and co-CEO, said that he believes sovereign nations will eventually have crypto as their default currency. ➖➖➖➖➖➖➖➖➖➖➖➖ ❓Is Robinhood crypto trading available in your state? ❗️Share a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ ( Curated by @altcoindaily ) ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews

Announced on Thursday, the five-year, AUD $1 billion (~USD $740 million) contract is Australia’s latest attempt to make good on its goal to become one of the world’s “top-three digital governments” by 2025 by investing in research into blockchain technology, as well quantum computing and artificial intelligence. IBM already had agreements in place with four federal agencies, and this new contract — which was spearheaded by the Digital Transformation Agency (DTA) and runs through June 2023 — will extend the public-private partnership to the remainder of the government as well. IBM already had agreements in place with four federal agencies, and this new contract — which was spearheaded by the Digital Transformation Agency (DTA) and runs through June 2023 — will extend the public-private partnership to the remainder of the government as well. The role of this particular contract will be to develop blockchain and other digital technology initiatives for the government of Australia. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Another win for IBM, are they going to be Microsoft at blockchain development? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews