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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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The Bank Of Canada State That A CBDC Would Benefit Canada And The USA
The Bank of Canada, Canada’s central bank have hit headlines on a few occasions this month, after a sudden spike in interest within cryptocurrency and blockchain technology from the bank. According to Coindesk, The Bank of Canada have published a new paper that discusses how a Central Bank Digital Currency (CBDC) would be beneficial to both the economies of United States and Canada. дальше »
2018-7-27 15:30 | |
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Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). дальше »
2018-7-27 22:45 | |
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Canada’s Central Bank Boasts Proof of Work Consensus System Benefits
The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency. дальше »
2018-7-26 16:36 | |
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Bank of England Endorses Blockchain Use with Revamped Payment System
The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further blockchain finance development in the country. дальше »
2018-7-26 02:00 | |
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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems
Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »
2018-7-25 18:00 | |
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Bank of England Upgrades RTGS Payments System to be Blockchain Friendly
According to Reuters, the Bank of England recently updated its payment system which will now be compatible with blockchain-based and fintech applications. For a considerable period, the central bank has been implementing radical changes to its Real-Time Gross Settlement System (RTGS) to improve its efficiency and comply with the latest technological advancements. The RTGS forms […] дальше »
2018-7-25 02:43 | |
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The payment system should be in harmony with the British banking and trading backdrop
The Bank of England is planning to modernize its Real-Time Gross Settlement system (RTGS) by 2020. The Bank of England (BoE), the UK’s central bank, is exploring the opportunities standing behind blockchain technology and digital currencies. дальше »
2018-7-24 13:28 | |
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UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms. дальше »
2018-7-24 05:00 | |
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Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC
The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […] дальше »
2018-7-24 00:31 | |
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Bank Of Canada Study Addresses Double Spending On Blockchain Systems
A recent report from Canada’s central bank discusses “cheating” on a blockchain through double spending and likens the potential issue to classic incentive compatibility constraints within game theory. дальше »
2018-7-24 23:31 | |
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Gary Gensler: From CFTC Chair to Blockchain and Cryptocurrency Educator
Gary Gensler was chairman of the U. S Commodity Futures Trading Commission (CFTC) between 2009 and 2014, right after the global financial crisis. Today, Gensler is part of MIT’s Digital Currency Initiative, lecturing students on blockchain technology and cryptocurrencies. дальше »
2018-7-23 08:00 | |
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Argentina Central Bank Looks For Crypto & Blockchain Education Via Books
Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […] дальше »
2018-7-21 23:52 | |
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This Silicon Valley-Backed Blockchain Startup Wants to Become the Wikipedia of Data
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »
2018-7-21 20:14 | |
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This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »
2018-7-20 20:14 | |
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Achieving Truly Useful Proof of Work: Toby Simpson of Fetch.ai
What’s the best that can happen? That’s the focus of Fetch. ai in the realm of artificial intelligence (AI). Episode 025 of the What Bitcoin Did podcast featured a wide-ranging conversation between host Peter McCormack and Fetch co-founder/CTO Toby Simpson about both best-case and worst-case outcomes for AI. дальше »
2018-7-20 19:38 | |
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Hong Kong’s Banking Sector to Get a Blockchain Platform by September
The Hong Kong Monetary Authority, the region’s currency board and central bank, is set to launch a live blockchain-based trading platform in September. The banking project is backed by HSBC, Bank of China, ANZ, DBS Bank, Bank of East Asia,… The post Hong Kong’s Banking Sector to Get a Blockchain Platform by September appeared first on CoinCentral. дальше »
2018-7-20 16:08 | |
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Fed Chairman Jerome Powell Warns Against Cryptocurrencies Yet Again
According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies. дальше »
2018-7-19 18:24 | |
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Genesis Space Unveils Decentralized Blockchain Social Media Network
Genesis Space has forged a genuinely decentralized community immune from any central authorities—a virtual country in which its citizens can trade, communicate and declare their opinions freely. Dubbed the decentralized Facebook, all contents of Genesis are owned by the entire community; rules are made by members. дальше »
2018-7-19 12:54 | |
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HTC Says Blockchain Phone Exodus Will Be Released Later This Year
Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives. дальше »
2018-7-18 19:47 | |
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Stellar obtains Sharia certification for payments and blockchain asset tokenization
Today, Stellar announced it has obtained a Sharia compliance certification for the Stellar technology and network. The Shariyah Review Board (SRB), a leading international Sharia advisory agency licensed by the Central Bank of Bahrain, has reviewed the. дальше »
2018-7-17 18:45 | |
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Central Bank of Thailand May Use Blockchain for Services Improvement
The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The Bank of Thailand is now considering using the modern and revolutionary blockchain technology to improve and streamline several administrative and payment services. дальше »
2018-7-16 21:12 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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Hong kong Block chain Finance Trade
Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT дальше »
2018-7-16 18:36 | |
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Thailand’s Central Bank Considers Using Blockchain to Improve a Range of Services
The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The post Thailand’s Central Bank Considers Using Blockchain to Improve a Range of Services appeared first on CoinSpeaker. дальше »
2018-7-16 17:56 | |
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Introducing The Real Mr Crypto
Everyone wants to be Mr Crypto, just look at the crypto celebrity scene, it’s full of self proclaimed experts and cryptocurrency figureheads. According to the Jersey Evening Post however, we have a new Mr Crypto. дальше »
2018-7-16 12:30 | |
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Bank of Thailand Considers Blockchain for Cross-Border Installments, Extortion Reduction
The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr. дальше »
2018-7-14 16:08 | |
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Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction
The Bank of Thailand’s governor revealed that the central bank is reviewing blockchain tech for cross-border payments, among other applications
дальше »2018-7-14 13:23 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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Canadian Coinsquare Launch A Centralized Cryptocurrency Exchange In Japan.
Canadian Coinsquare, a trading system extremely prominent with cryptocurrency fanatics throughout the North American nation, seems completely familiar with exactly what safety measures a digital properties company needs to take while operating in Japan due to a current crack-down by its monetary controlling body on the heels of the headline-making Coincheck burglary. дальше »
2018-7-13 16:45 | |
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Bank of Finland Advisor Calls Cryptocurrencies an “Illusion,” States Distributed Ledgers Are Irrelevant
In line with strict global sentiments over cryptocurrencies, an advisor to the Bank of Finland (BoF) released a report in June 2018 titled “The Great Illusion of Cryptocurrencies,” elaborating on why cryptocurrencies are a “fallacy” and an “illusion” of money. дальше »
2018-7-13 16:00 | |
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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »
2018-7-13 17:16 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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IBM to Supply Blockchain-Based Security Services to Australia
IBM is mending its ties with the Australian government two years after it was said to have played a part in the mismanagement of a national census. The company recently secured a deal with the government to become its central technology partner for the next five years. дальше »
2018-7-9 16:14 | |
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India Has Strangled Its Fast-growing Cryptocurrency Sector in 4 Months
The Indian cryptocurrency sector has been devoid of all banking resources as directed by the country’s central bank, The Reserve Bank of India, since Friday, July 6. A four-month long legal fight, low volumes, falling crypto prices and, now, the lack of banking is testing the foundation of this sector. дальше »
2018-7-9 15:59 | |
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IBM Secures $1 Billion Aust. Dollar in Blockchain Deal
The Australian government has chosen IBM as its central technology partner for the next five years in a deal worth $ 740 million dollars. The agreement will cover technology services provided to government departments, including services which will use IBM’s automation and blockchain technologies. дальше »
2018-7-9 06:32 | |
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IBM Secures $1 Billion Australian Dollar Blockchain Deal
The Australian government has chosen IBM as its central technology partner for the next five years in a deal worth $740 million dollars. The agreement will cover technology services provided to government departments, including services which will use IBM’s automation and blockchain technologies. дальше »
2018-7-9 03:00 | |
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Maltese Parliament Approves 3 Laws That Set Regulatory Framework for Blockchain, Cryptocurrency and DLT
Malta, the tiny European island situated in the central Mediterranean Sea, has become the first country to provide an official set of regulations for operators in the blockchain, cryptocurrency and DLT (Distributed Ledger Technology) space. дальше »
2018-7-8 18:00 | |
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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”
In recent regulatory news, U. K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U. K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report […] The post Regulatory Round-Up: U. дальше »
2018-7-7 21:30 | |
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