Reddit-Scale Production Is Coming to the Ethereum Ecosystem

On Jan 27, 2020, Reddit announced it’s first-ever blockchain partnership with the Ethereum Foundation. The social media platform that boasts around 50 million Redditors stated that the new partnership aims to provide development resources to ETH scaling tools. Per the announcement shared on the Ethereum subreddit, admin u/jarins revealed that the Reddit community would contribute to the ETH blockchain by launching upcoming applications that can scale. The admin said that his platform would make immediate efforts to bring ETH to…

Visa Files an Application Towards the Development of its Digital Currency

Visa is planning the development of its digital currency on a blockchain as it filed an application with the U.S. Patent and Trademark Office. The application by the financial giant was filed on November 8 last year and based on an application released May 14, inventors Simon J. Hurry and Alexander Pierre with the Visa International Service Association in San Francisco have sought a patent for a digital currency recorded on a blockchain and controlled by a central entity computer. The…