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UK Government will update crypto tax guidance by early 2019
On October 29, the UK government’s “Cryptoasset Taskforce,” first announced in March, published its final report, finding that the technology that makes up cryptocurrencies can be used to benefit the financial services sector, as well as other industries. дальше »
2018-10-30 10:18 | |
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R3 Member Nordea Bank CEO Eulogizes Ripple, XRP and R3 Consortium
The credence which Ripple blockchain technology is garnering in the fintech industry seems not to be signaling any form of deceleration, as the firm got eulogized by the CEO of Nordea Bank, Casper von Koskull. дальше »
2018-10-27 01:40 | |
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Samsung SDS to Unveil European Shipping Logistics with Blockchain Platform
The Netherland’s third-biggest bank, ABN AMRO announced a partnership between Samsung SDS and the Netherlands and Rotterdam Port Authority that will allow the interoperability verification with the help of the blockchain technology, as per a press release on October 23, 2018. дальше »
2018-10-24 20:00 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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Erachain Brings Security in E-Commerce by Announcing details of Innovative Payment Service Safe Pay
Bitcoin Press Release: Blockchain-developer Erachain, together with IT companies iSimpleLab and iDSystems, specializing in the development of banking software, created an innovative payment service based on blockchain technology. дальше »
2018-10-24 09:27 | |
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Blockchain Platform Skuchain Brings Smart Contracts to Trade Finance in Canada
Canadian IT giant CGI has announced a pilot program in partnership with the National Bank of Canada and Skuchain, a supply chain financial solution powered by distributed ledger technology. The project will aim to improve and streamline the negotiation of complex conditional agreements used by banks for securing financial transactions. дальше »
2018-10-24 02:00 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Bank of Canada Runs a Blockchain-based Pilot for a LOC Negotiation Platform
CGI, Group Inc. , a renowned IT, and business consulting firm, announced on October 21 a collaboration with the National Bank of Canada and Skuchain, a blockchain technology company aimed at optimizing the supply chain, in a pilot program to streamline and improve the process for negotiation standby letters of credit and guarantees. дальше »
2018-10-23 15:59 | |
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Former Russian Economics Minister Sees Huge Potential for Cryptocurrency
Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. дальше »
2018-10-23 08:30 | |
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Sberbank CEO Sees Huge Potential for Cryptocurrency
Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. дальше »
2018-10-23 08:30 | |
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Samsung Partners with Dutch Bank and Port to Pilot Blockchain Solution for Shipping Industry
Samsung has announced a partnership with Dutch bank ABN AMRO and Rotterdam Port Authority to build a shipping and logistics business based on distributed ledger technology. Samsung’s NexLedger to Test Compatibility with R3’s Corda in Pilot Project for Shipping Industry The South Korean technology giant will be responsible for linking its blockchain platform Nexledger to. дальше »
2018-10-23 02:00 | |
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ING Bank Releases Zero-Knowledge Set Membership (ZKSM) to Enhance Blockchain Anonymity
ING Bank Announced New Progress on Blockchain Privacy at Sibos Conference Blockchain technology continues to be advanced through different use cases, but ING Bank is focusing on the privacy of it. They’ve launched a new product called the Zero-Knowledge Set Membership (ZKSM) solution. дальше »
2018-10-22 19:02 | |
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UK Bank NatWest to Leverage Blockchain Technology in Syndicated Loan Market
United Kingdom’s major commercial bank NatWest announced to leverage blockchain technology for the syndicated loan market, from the coming month. The technology will be introduced to effectively streamline communication between lenders and agent banks in the loan market sector. дальше »
2018-10-22 05:00 | |
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Kenyan Government Plans to Distribute 500,000 Houses Using Blockchain Technology
In a thumbs up to blockchain technology, the government of Kenya is planning to use blockchain technology to distribute 500,000 housing units sponsored by the state, as reported by The Star on Oct. дальше »
2018-10-19 21:39 | |
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World Payments Report: Public DLT Fails to Meet Financial Market Demands
While the International Word Bank Organization believes that distributed ledger technology (DLT) could fundamentally transform the existing financial sector, the World Payments Report 2018, published on October 16, 2018, concludes DLT cannot keep up with the financial market demands due to many problems and challenges facing DLT adoption. дальше »
2018-10-19 13:00 | |
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Major 4 Way Partnership Brings Blockchain Trial to Japanese Electric Power Supply
A partnership between four major Japanese companies will be responsible for a research into the possible use of the blockchain technology in distributed electricity supplies across the country. The partnership will be made by Kansei Electric Power Co. дальше »
2018-10-19 01:35 | |
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UK Bank NatWest Adopts Blockchain for Syndicated Loans Market
National Westminster Bank (NatWest), a UK bank part of the the Royal Bank of Scotland, has announced its integration with a new blockchain-based platform to streamline communication between agent banks and lenders in the syndicated loans market. дальше »
2018-10-19 21:29 | |
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NatWest to become world’s first bank to use blockchain for loan management
Even though blockchain was originally developed to replace conventional banks, it seems they might also have uses for the decentralized technology too. NatWest just announced in a press release that by next month, it’ll be the world’s first bank to use blockchain to manage syndicated loans. дальше »
2018-10-18 16:29 | |
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Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’
The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the stance of “businesses” towards technologies such as Blockchain and ICOs. дальше »
2018-10-18 15:00 | |
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Why Are Digital Currencies and Crypto Assets the Next Paradigm Shift for Money?
Why Are Digital Currencies The Next Paradigm Shift for Money? It is really necessary to hold a bank account to manage and spend money? It is really not necessary anymore with the latest developments in blockchain technology and cryptocurrencies. дальше »
2018-10-17 22:23 | |
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Germany’s DZ Bank AG is Exploring Blockchain Use with Ripple’s Interledger Protocol
DZ Bank AG Thinking Of Integrating Ripple Interledger Protocol Blockchain as a technology has been having a major breakthrough in 2018, especially in the banking sector. Some studies point out that with blockchain integration by the banks, will result in greater saving and faster transactions. дальше »
2018-10-16 19:00 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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World Bank President Convinced of Blockchain’s “Huge Potential”
The world is realizing the potential of blockchain technology. While some loathe its first and most well-known application, cryptocurrencies, the consensus around distributed ledger technology is clear — it could be a great asset to many businesses. дальше »
2018-10-13 20:19 | |
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing
Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U. дальше »
2018-10-12 18:06 | |
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Banking Giant Partnered With Ripple Goes Live With SWIFT Global Payments
The leading partner with Ripple, Santander has now teamed up with SWIFT to go live in four countries including, Poland, the UK, Spain and Argentina. The banking giant will be using SWIFT’s Global Payments Innovation GPI technology for cross-border payments. дальше »
2018-10-12 11:30 | |
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World Bank Group Chief Says Blockchain Has ‘Huge Potential’ After Bond Success
The president of the World Bank has said Blockchain holds “huge potential” and that “embracing technology” is essential to it meeting its aims. Kim: World Bank ‘Not Keeping Up’ Speaking at the joint annual meetings event with the International Monetary Fund (IMF) this week, World Bank president Jim Yong Kim mentioned both cryptocurrency and distributed-ledger technology (DLT) within the context of Blockchain. дальше »
2018-10-12 05:00 | |
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SIFMA Conference’s Bank of America Speaker: Blockchain is Years Away from Significant Benefits
Blockchain And AI Are Not Living Up To Expectations – Financial Leaders Apparently, the market is not yet ready for the mainstream adoption of blockchain technology and artificial intelligence. This is the stance adopted by speakers at the SIFMA and Commodity Futures Trading Commission conventions. дальше »
2018-10-11 22:15 | |
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IBM to Help Azerbaijan Transform Economy Using Blockchain
Recent reports claim that US tech giant, IBM, is helping The Central Bank of Azerbaijan (CBA) to implement blockchain technology into the country’s existing infrastructure, signaling that the country is undergoing a modernization revolving around the nascent technology. дальше »
2018-10-10 12:00 | |
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Australia Trials Blockchain Platform for National Disability Insurance Scheme
Australia is currently in the process of exploring the potential for blockchain technology to create ’smart money’ to be used in its National Disability Insurance Scheme (NDIS), its federal government revealed in an October 9, 2018, press release. дальше »
2018-10-10 09:00 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Sberbank Partners With Energy Company to Use Blockchain Technology
Several European and Asian countries have adopted an accommodative approach to blockchain companies, letting them thrive and even collaborating with them. The Russians won’t stay behind in this technological race, as is evident by its push for legislation and regulation. дальше »
2018-10-9 20:19 | |
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Blockchain ‘Smart Money’ to be Created by Commonwealth Bank of Australia, CSIRO
The bank and Australia’s scientific agency (CSIRO) have started a trial to research how distributed ledger technology can help payments in the national service for people with disabilities. дальше »
2018-10-9 15:47 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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Amazon and Microsoft Set to Make Millions From Blockchain
Once just two percent of servers run on blockchain technology, Bank of America research analyst Kash Rangan predicts the market for blockchain technology will be worth $7 billion. Nine companies have been identified as likely to benefit significantly from the technology including Amazon and Microsoft. дальше »
2018-10-8 20:19 | |
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Why A Bill To Define Blockchain Could Be ‘Dangerous’
After a bill aimed at establishing a definition for blockchain technology was introduced in Congress, a few in the crypto community raised concerns. Drew Hinkes, lawyer and co-founder of startup investment bank Athena Blockchain, was one of them. дальше »
2018-10-6 23:51 | |
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The Blockchain Industry Could Reach $7 Billion, Says Bank of America
Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,. дальше »
2018-10-5 03:00 | |
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Ripple Blockchain-Powered Mobile Payment App ‘MoneyTap’ Comes Online in Japan
SBI Ripple Asia, a Joint-venture based in Tokyo, Japan has launched its blockchain based money remittance app. The app called MoneyTap can make real-time, no-cost domestic transfers using Ripple’s xCurrent payment solution. дальше »
2018-10-5 20:14 | |
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Japan Bank Consortium launches its Ripple-powered payment app
Japan has finally given the green light to the Japan Bank Consortium to launch its Ripple-powered payments app for Android and iOS. The news comes straight from Ripple themselves. “The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan,” the company wrote on Twitter. дальше »
2018-10-4 13:23 | |
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Bank of America: ‘Blockchain Could be a $7 Billion Market’
New estimates from Bank of America indicate that the global blockchain market could eventually hit $7 billion. Even though the analysis didn’t provide an actual timestamp, it outlined that marquee companies like Microsoft and Amazon can benefit greatly from the emerging technology and its widespread adoption. дальше »
2018-10-3 20:00 | |
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Bank of America Estimates Blockchain is a $7 Billion Market, Microsoft and Amazon to See Big Boost
BoA Estimates Blockchain is a $7 Billion Market, Will Significantly Boost Corporate Giants A new Bank of America report paints blockchain technology in a positive light, claiming that it could be worth $7 billion. дальше »
2018-10-3 05:39 | |
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Deloitte Details Five Things That Will Enable Widespread Blockchain Adoption
Blockchain technology could disrupt the financial sector. Its immutable, digital, and publicly available decentralized network challenges the centralized and opaque legacy bank networks. Governments across the world, along with private organizations around the world, are showing interest in working with blockchain technology. дальше »
2018-10-2 16:19 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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JPMorgan’s Blockchain Payment Network Expands to Over 75 International Banks
J. P. Morgan’s Interbank Information Network (IIN), which started in collaboration with ANZ and the Royal Bank of Canada, now includes more than 75 banks, making it one of the largest consortium of banks involved in the utilization of distributed ledger technology. дальше »
2018-9-27 12:19 | |
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