Language

Close

From The Bitfury Newsroom

Search
Lightning Bank Ledgers? Bitfury and Ripple Demo New Twist on Bitcoin Tech

Lightning Bank Ledgers? Bitfury and Ripple Demo New Twist on Bitcoin Tech

Aug 17, 2017

www.coindesk.com

Bitcoin's much-anticipated Lightning Network is now compatible with seven different payment networks. Today, blockchain services firm Bitfury and payments network provider Ripple are releasing new code that makes it possible to conduct Lightning-style transactions across a range of both blockchain and legacy payment networks. While still in its early stages of deployment, it's believed the Lightning Network could one day expand bitcoin's capacity to millions of transactions by moving those transactions off of the main bitcoin blockchain.

Read more
U.S. Blockchain Company in Tie-Up on Medical Artificial Intelligence

U.S. Blockchain Company in Tie-Up on Medical Artificial Intelligence

Aug 11, 2017

www.nytimes.com

The Bitfury Group has formed a partnership with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain, Bitfury's chief executive officer said on Friday.

Read more
Blockchain Summit Asks, How Can Bitcoin And Blockchain Technology Empower Women?

Blockchain Summit Asks, How Can Bitcoin And Blockchain Technology Empower Women?

www.forbes.com

When Roya Mahboob, 30, a serial entrepreneur from Afghanistan, began her startup, Women’s Annex, a platform for women to upload blogs and videos and be paid for views, the company found that paying the women didn’t empower them financially. While by law Afghan women could have bank accounts, their families didn’t want them to. “For one woman, her husband always hit her and took all the money from her,” said Mahboob, who then learned about Bitcoin and decided to begin paying the women with it. This is was one of the many powerful stories around the theme of women’s empowerment told last week during the Blockchain Summit sponsored by the Bitcoin mining and blockchain services firm Bitfury Group and venture capitalist Bill Tai, with special support from China Credit Fintech, on Sir Richard Branson’s Necker Island.

Read more
Blockchain Summit Examines The Role Of Privilege In Spreading A Democratizing Technology

Blockchain Summit Examines The Role Of Privilege In Spreading A Democratizing Technology

Aug 04, 2017

www.forbes.com

Ever since Silicon Valley’s elite became interested in cryptocurrency, they have grappled with the question of how, in their quest to build these decentralized, blockchain-based systems that have the power to democratize society, they should manage their own privilege and influence.

That dilemma was in stark relief during last week’s Blockchain Summit, the most socially conscious and idealistically minded of all such conferences, which took place on Sir Richard Branson’s luxurious private island, Necker, in the British Virgin Islands.

Read more
Necker Island Blockchain Summit Kicks Off With Doses Of Idealism And Realism

Necker Island Blockchain Summit Kicks Off With Doses Of Idealism And Realism

Aug 27, 2017

www.forbes.com

Many blockchain and crypto asset-focused conferences have an obvious financial focus. But the most idealistic and socially conscious of them, the Blockchain Summit hosted by the Bitcoin mining and blockchain services company Bitfury Group and venture capitalist Bill Tai, commenced Tuesday on Sir Richard Branson's private island, Necker, with a different bent. Before even arriving on the island, some attendees on the same flight dived right into discussions of how to use crypto tokens to create social good such as reducing air pollution.

Read more
On Sir Richard Branson's Necker Island, Bitfury Hosts Third Annual Blockchain Summit

On Sir Richard Branson's Necker Island, Bitfury Hosts Third Annual Blockchain Summit

Jul 21, 2017

www.forbes.com

Hosted by blockchain services company Bitfury and its board member, venture capitalist Bill Tai, with special support from Credit China Fintech, this year’s summit on Necker Island features attendees from around the globe such as former Estonian president Toomas Ilves, renowned Peruvian economist Hernando de Soto, Afghan tech CEO Roya Mahboob and Greek European Parliament member Eva Kaili. “We’re trying always to invite the biggest thinkers of this world and discuss how we can use this technology to really do good,” said Bitfury chief executive Valery Vavilov.

Read more
The Bitfury Group Successfully Tests Lightning Network Transaction Using Current Bitcoin Protocol

The Bitfury Group Successfully Tests Lightning Network Transaction Using Current Bitcoin Protocol

Jul 20, 2017

Read more

The Bitfury Group, the world’s leading full-service Blockchain technology company, announced today that its developers have successfully tested the Lightning Network on the main Bitcoin network. Committed to the success of the Lightning Network and the wider Bitcoin ecosystem, Bitfury engineers have been conducting research and carrying out tests to perform Lightning transactions using the current Bitcoin protocol. After much research, the Bitfury team succeeded in sending a real-time bitcoin transaction on the Lightning Network, which can be seen in a video demo.

Read more
SegWit or Not, Bitfury is Ready for Lightning With Successful Bitcoin Main Net Test

SegWit or Not, Bitfury is Ready for Lightning With Successful Bitcoin Main Net Test

Jul 20, 2017

bitcoinmagazine.com

While Segregated Witness (SegWit) activation is looking more likely by the hour, Bitfury is getting ready to deploy a version of the Lightning network with or without the protocol upgrade. The blockchain technology company, perhaps best known for its Bitcoin mining pool of the same name, successfully sent real bitcoins over a test version of the Lightning Network this week. Interestingly, Bitfury’s implementation of the technology is compatible with the current Bitcoin protocol and is therefore functional even without SegWit.

Read more
Bitcoin Meets DLT: Bitfury Releases 'Anchorable' Enterprise Blockchain

Bitcoin Meets DLT: Bitfury Releases 'Anchorable' Enterprise Blockchain

Jul 17, 2017

www.coindesk.com

Can Bitfury Group replicate its success in enterprise blockchain?

Long a leader in the lucrative bitcoin transaction processing sector, this has been an open question since the startup expanded its mission in a bid to win the trust – and business – of the world's biggest financial firms, governments and institutions. But that it's also a question that now has new context, as Bitfury is today making public an enterprise blockchain initiative that has long been in development in the lab.

Revealed exclusively to CoinDesk, the Bitfury Group is open-sourcing its first private blockchain framework, though it's one that offers a twist on the established idea. Called Exonum, the software aims to distinguish itself from DLT solutions by enabling users to secure data using the bitcoin blockchain.

Read more
The Bitfury Group and Risk Cooperative Announce Partnership to Drive Blockchain Applications in the Insurance Market

The Bitfury Group and Risk Cooperative Announce Partnership to Drive Blockchain Applications in the Insurance Market

Jun 16, 2017

Read more

The Bitfury Group, the world’s leading full service Blockchain technology company, and Risk Cooperative, an innovative risk and insurance advisory firm, announced a strategic partnership today to pioneer Blockchain applications in the $60 billion insurance intermediation market.

The Bitfury Risk Cooperative partnership will leverage Bitfury’s expertise in designing and implementing full scale Blockchain applications across a wide range of sectors and Risk Cooperative's comprehensive insurance placement platform and partnership model with the world’s leading insurers to spur adoption of Blockchain solutions.

Read more

Have a media inquiry?

Contact us