Guangdong Blockchain Financing Platform Aims to Help Small Business

Guangdong Blockchain Financing Platform Aims to Help Small Business 1  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

The Guangdong government launched a blockchain-based financing platform Thursday that will help small companies in the region receive loans faster from commercial banks.  The government-led project is supported by Alibaba’s fintech arm Ant Financial and OneConnect, a subsidiary of one of the largest Chinese insurers, Ping An Insurance, according to a media report from Sina Finance.  The platform aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles, including credit ratings, provided by its blockchain network.  The new platform could…

Muir Glacier: Ethereum Hard Forks for Second Time in One Month

Muir Glacier: Ethereum Hard Forks for Second Time in One Month 3  PASSIVE INCOME CRYPTO BITCOIN AND BLOCKCHAIN

Ethereum has completed its second hard fork in less than 30 days. With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined Jan. 2 at 8:30 UTC. As of press time, 92 percent of ethereum clients were synced with the new upgrade, according to Ethernodes. First proposed by EthHub’s Eric Conner in November as Ethereum Improvement Proposal (EIP) 2384, Muir Glacier delays the “difficulty bomb” by four million blocks. With the delay, the difficulty bomb is expected to not “go…