Tobacco Giant Philip Morris Is Building a Different Kind of ‘Public’ Blockchain
Tobacco giant Philip Morris is working on a "public blockchain," an executive said, though not quite in the commonly understood sense.
China’s state-sanctioned Blockchain-Based Service Network is finally bringing public chains to its homeland -- but they will look very different.
Beijing-based blockchain startup Conflux has hired the former head of crypto at VC firm Outlier Ventures to lead a North American expansion.
The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.
The NAC argued that blockchain could improve the speed of payouts communities rely on in the wake of natural disasters.
While scaling challenges abound, it's clear public blockchains offer something quite different to traditional databases, says Balaji S. Srinivasan.