A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of

2018-7-23 18:43

Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens.
Bitcoin has been struggling for quite some time for its mainstream adoption, as crypto investors and enthusiasts are waiting for developers to bring a robust scalability solution.
On the other hand, the Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens.
The report notes:
“The arrival of permissioned cryptocurrencies promoted by banks, even by central banks, will reshape the current competition level in the cryptocurrency market, broadening the number of competitors.
The report goes to state that the international modus operandi of virtual digital currencies could also be a challenge for the European competition policy.

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Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


Ôîòî:

HSBC Tentatively Discusses Cases For Using Blockchains And Cryptocurrencies

Cryptocurrency is not only dividing politicians across the globe, but is also dividing the financial and banking industries. While many are distancing themselves from investigating and investing in cryptocurrency and the wallets associated with holding coins, several are discussing the potential future possibilities that they could provide.

2018-7-22 23:00


Ôîòî:

Big Opportunity for Insurance Industry to Get into Bitcoin, Says Allianz

More and more insurance giants are considering covering cryptocurrency holders and businesses for theft of funds, as Allianz says the industry presents a “big opportunity. ” ‘More Relevant, Important And Prevalent’ Speaking to Bloomberg July 19, spokesman Christian Weishuber forecast rising acceptance and mainstream interest in cryptocurrency meant the insurance sector could make significant inroads in the space.

2018-7-21 17:00


Can Bitcoin become Digital Gold ?

As Bitcoin has shown life the last several days and rose above $7000, the term “digital gold” has been repeated many times in journalistic publications, tweets, crypto forums and even on TV.   Gabor Gurbacs, director of digital asset strategies at VanEck/MVIS appeared on CNBC’s “Futures Now” and opined on just how big Bitcoin could […] The post Can Bitcoin become Digital Gold ? appeared first on ZyCrypto.

2018-7-21 22:39


How The Most Valuable Crypto Companies Could Become Blockchain-Based Banks

Giant Cryptocurrency Firms Take A Leap, Possibly Establishing Banks? The notion of cryptocurrencies first stemmed in 2013 through the first ever digital currency, Bitcoin. While it took some time to get used to hearing “Bitcoin”, which to this day is somewhat problematic, between the years 2017 and 2018, more consumers have become cryptocurrency investors. With […]

2018-7-19 14:47


Ôîòî:

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.

2018-7-13 17:16