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Algorand could soon process up to $800 million in healthcare costs in Bermuda
MAPay, a global healthcare technology firm with a focus on decentralized payment networks, will use Algorand to issue a stablecoin for facilitating over $800 million worth of healthcare-related costs in Bermuda, as per a development this past week. дальше »
2021-6-11 16:00 | |
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South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector
Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »
2021-3-25 15:00 | |
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Leading Chinese chemical firm embraces the blockchain to cut costs
Sinochem Energy High-Tech, a state-owned petrochemical giant in China, has rolled out a blockchain warehouse receipt platform. A report unveiled this news on October 16, noting that this move aims to address the rising cost of operations and trade financing. дальше »
2020-10-17 20:15 | |
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Report: Power Ledger (POW) P2P Energy Trading Solution Has Real Use Case
Power Ledger (POWR), an Australian blockchain-powered energy trading firm founded in 2016, has conducted a solar energy trading trial in collaboration with the Australian government and found out that distributed ledger technology (DLT) based P2P energy trading helps consumers slash costs, according to reports on June 22, 2020. дальше »
2020-6-22 15:07 | |
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Algorand Blockchain Onboards First Insurtech Use Case; Addressing A $40B Opportunity
According to a press release on May 20, a firm dubbed ‘Attestiv' whose focus is media validation is set to leverage Algorand for blockchain services. This milestone presents an opportunity for Algorand and Attestiv to address P&C insurance fraud which costs the U. дальше »
2020-5-21 17:05 | |
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This 10-Minute Coronavirus Test is What the World Needs – And it Costs $1
As the number of the world's COVID-19 cases approach half a million, a British firm has developed a testing kit for the coronavirus that is cheaper and quicker in its diagnosis. The post This 10-Minute Coronavirus Test is What the World Needs – And it Costs $1 appeared first on CCN.com дальше »
2020-3-26 16:07 | |
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Post-Halving Mining Costs to Help Propel Bitcoin to $15,000
Bitcoin’s firm 2020 uptrend has led many analysts to question what types of fundamental and technical events could help bolster its mid-term price action and propel the cryptocurrency higher, and naturally its upcoming mining rewards... дальше »
2020-2-8 23:20 | |
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EY Rolls Out Zero-Knowledge Proof Technology For Ethereum, Reducing Costs By More Than 90%
Accounting giant EY has just launched a blockchain technology meant to reduce the costs of private transactions. The announcement was made on Thursday, when the firm made its Ethereum (ETH) blockchain zero-knowledge proof (ZKP) technology called Nightfall available to the public. дальше »
2019-12-20 20:38 | |
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Tradeshift Uses Ethereum’s Network To Speed Up Cross Border Payments And Reduce Cost In Test Pilot
The fintech startup Tradeshift says they have been using the Ethereum (ETH) blockchain in order to process cross border transactions. This allowed the firm to reduce costs and make payments between buyers and suppliers faster and more reliable. дальше »
2019-12-18 21:42 | |
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Bitcoin mining draws ~15x less power than global aluminium smelting
Recently, digital asset management firm CoinShares published a report titled, 'The Bitcoin Mining Network', which spoke about break-even costs for miners, their geographical distribution and the effecThe post Bitcoin mining draws ~15x less power than global aluminium smelting appeared first on AMBCrypto. дальше »
2019-12-16 21:31 | |
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No One’s Talking About the 174% Increase in Beyond Meat’s Legal Costs
Beyond Meat’s Q3 results showed a marked increase in legal costs. The firm’s upcoming lawsuit with Don Lee could have far-reaching financial consequences in the year ahead. These factors could place further downward pressure on the stock. дальше »
2019-11-1 20:00 | |
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Amazon Is About to Blow $11B to Regain Grocery Market Share. Will It Work?
Amazon is eliminating its $14. 99 delivery fee for AmazonFresh in a bid to simplify its grocery offerings and draw in more customers. The move will significantly drive the firm’s costs higher, but Amazon is betting big to grab market share and increase value for Prime Members. дальше »
2019-10-31 02:18 | |
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With M&A Ahead, These 5 Bank Stocks Could Be Takeover Targets
According to McKinsey & Co, bank stocks are in a precarious position. The consulting firm said it believes that more than half of the world’s banks are unlikely to survive an economic downturn, as their costs have begun to outpace returns on equity. дальше »
2019-10-23 03:00 | |
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Billionaire Ken Fisher’s Sexist Remarks Costs Firm 1.6 Billion; It’ll Only Get Worse
The financial hit that billionaire money manager Ken Fisher is taking after making sexist remarks at an industry event is growing by leaps and bounds. Currently, Fisher Investments is on track to lose over $1. дальше »
2019-10-21 09:30 | |
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Ernst & Young Set to Move QuadrigaCX’s Case from Halifax to Toronto
In line with Halifax’s request, Ernst & Young, a “Big Four” multinational professional services firm in charge of QuadrigaCX’s court proceedings has asked a Nova Scotia Supreme Court judge to transfer the case to Toronto, to save costs, according to a local news source, The Star on August 28, 2019. дальше »
2019-8-30 23:00 | |
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Ethereum is a Technological Dead End, Says Samson Mow
Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity. Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan. дальше »
2019-8-28 22:41 | |
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Blockchain Voting Platform Horizon State Shuts Down
Horizon State, an Australian-based blockchain voting platform, has shut down after a lawsuit brought against the firm, which has resulted in mounting legal costs.
дальше »2019-8-20 23:35 | |
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Istanbul Tunes Ethereum (ETH), Prices Firm Above $300
Ethereum (ETH) up 14. 3 percent EIPs 1702 and 2024 to be activated in the next network upgrade During an impending Ethereum upgrade dubbed “Istanbul”, there will be activation of two approved Ethereum Improvement Proposals (EIPs) in 2024 and 1702. дальше »
2019-6-26 21:00 | |
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Microsoft Is Building an ID Verification Platform on Bitcoin
Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so. дальше »
2019-5-13 18:34 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund
Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. дальше »
2019-4-26 19:00 | |
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US Healthcare Giant HMS Teams Up With Major Blockchain Startup Solve.Care to Reduce Costs
As per an all-new announcement issued by US-based health-IT provider, HMS Technologies Inc. (HMS), the government partnered entity has just entered into an agreement with blockchain startup ‘Solve. Care’. дальше »
2019-4-23 17:58 | |
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As Supply Exceeds Demand, Mining Price War Ignites in Sichuan
This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought. дальше »
2019-4-13 19:07 | |
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Block.one CEO Brendan Blumer criticizes Bitcoin for its “huge scaling limitations”
Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block. дальше »
2019-4-8 23:39 | |
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Quadriga CX Victims May Get Refunds Sooner than Later
Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019. дальше »
2019-4-4 09:00 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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Brazil’s BeeTech Global Uses Ripple’s RippleNet Remittance Service To Outpace SWIFT And Western Union Costs
BeeTech Global Makes Remittances Faster And Cheaper Using Ripple’s Technology The Brazil-based payment company BeeTech Global is allowing users to send and receive payments in a faster and cheaper way than with traditional companies. дальше »
2019-3-8 23:43 | |
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Cryptocurrency Exchanges Turn Up the Marketing by Offering Lower Fees to Attract New Investors
There are two virtual currency exchanges that are trying to attract investors by offering lower fees for traders. Seed CX is one of these exchanges that is aimed at institutional investors. According to The Block, the platform offers one of the lowest costs to execute a trade. дальше »
2019-2-22 05:51 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Logos Network blockchain to improve transaction costs for remittance firm Omanye Money
CryptoNinjas Logos Network, a full-stack, high-performance transaction network leveraging blockchain technology to deliver improved payments, announced today that it has partnered with Omanye Money, the remittance and payment solutions provider, to offer. дальше »
2019-1-17 06:50 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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Investment Funds Network Calastone Will Shift onto Blockchain in 2019
Calastone, a London-based fintech firm, will shift its existing network onto a blockchain in May 2019. According to a Reuters’ article published on December 3, 2018, the move to blockchain technology will help the company reduce billions of dollars in costs every year for the fintech sector. дальше »
2018-12-4 23:00 | |
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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. дальше »
2018-10-30 21:45 | |
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Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia
Indonesian firm Blossom Finance has announced plans to launch blockchain-based sukuk, Islamic bonds, to fund microfinance projects in the Muslim-majority country. Blossom Finance’s “Smart Sukuk” to Automate Issuance of Islamic Bonds The project, to roll out in the coming months, involves using distributed ledger technology to keep issuance costs low while attracting a large pool of retail investors,. дальше »
2018-10-28 23:00 | |
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Coinbase Fires 15 Employees: Crypto Bear Market’s Fault?
Yahoo: Coinbase Purges 15 Remote Customer Support Staffers In an unexpected turn of events, Yahoo Finance‘s Dan Roberts has recently learned that Coinbase, one of the foremost cryptocurrency platforms on Earth, fired a handful of staff members in the past week, indicating that the firm could be cutting costs amid tumultuous market conditions. дальше »
2018-10-27 04:52 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Billionaire Mark Larry Bitcoin costs $ 40,000
Another billionaire investor has made bullish comments on bitcoin. Marc Lasry, the co-founder, chairman and CEO of Avenue Capital Group, an investment firm with $9. 6 billion in assets under management, weighed in on his bitcoin investment on CNBC Wednesday. дальше »
2018-7-19 09:14 | |
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Deep-Sea Treasure Hunting on the Blockchain
With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology. дальше »
2018-7-12 23:26 | |
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Expanding the Practical Use of Blockchain Technology Within Insurance
The Institutes RiskBlock™ Alliance is joining forces with Accenture in a move that will see both companies expand the use of blockchain technology within the insurance sector. дальше »
2018-7-10 00:28 | |
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Jack Dorsey’s Square Obtains Ninth BitLicense Ever
Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018. дальше »
2018-6-19 00:00 | |
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