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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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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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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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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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Research: China has the power to destroy Bitcoin
A damning new study has suggested China holds threatening influence over Bitcoin – and perhaps even the ability to attack and ultimately destroy the entire Bitcoin network. Academics from Princeton and Florida International Universities have explored how China “threatens the security, stability, and viability of Bitcoin” with its “political and economic control over domestic [cryptocurrency] activity […] [and] internet infrastructure. дальше »
2018-10-8 19:07 | |
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Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only
Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the token. дальше »
2018-10-8 17:00 | |
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Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers
According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their. дальше »
2018-10-8 04:00 | |
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Venezuela Finally Launches Controversial State-issued Petro Cryptocurrency
Venezuela’s President Nicolas Maduro recently announced the official launch of the Petro cryptocurrency. In a follow-up development, the government says payment for travel passports will now be made in Petro. дальше »
2018-10-7 17:00 | |
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Institutional Investors Bullish About Cryptocurrency Prospects During Economic Recession
A recent survey by Fundstrat Global Advisors has revealed bullish sentiments among institutional investors in regards to the prospects of cryptocurrency performance during an economic recession. Investors Say a Recession Will Boost Cryptocurrency Prices According to the results from the survey, as reported by MarketWatch, more than 70 percent of institutional investors believe that prices of cryptocurrencies will increase during a recession. дальше »
2018-10-6 02:00 | |
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Over 1,500 Bitcoin ATMs to Be Deployed in Argentina in Response to Rampant Inflation
According to representatives from Athena Bitcoin and Odyssey Group, by the end of 2018 Argentina will be host to 30 Bitcoin ATMs. That number will jump to about 150 early next year, and to more than 1,500 by the end of 2019. дальше »
2018-10-4 15:00 | |
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Kenyan Blockchain Task Force Advise Authorities to Tokenize the Economy
Chairman of the Kenyan blockchain technology task force, Bitange Ndemo has urged the country’s financial authority to replace the current fiat system with tokens, to reduce corruption and economic hardship, reported local news source, The Star on September 26, 2018. дальше »
2018-9-27 11:00 | |
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How North Korea Could Be Mixing Bitcoin To Get Hold Of USD
According to Cryptoglobe, two US based finance experts, Lourdes C. Miranda and Ross Delston have told Asia Times that they believe North Korea (DPRK) could be mixing cryptocurrencies in order to get hold of US Dollars, in a move designed to totally undermine US economic sanctions. дальше »
2018-9-26 20:00 | |
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Regulators Must Lead On Blockchain: IBM Report
Blockchain reduces paper processes, speeds up transaction times, increases efficiencies and builds trust among participants to a transaction, according to Sept. 23 IBM report on how distributed ledger technology (DLT) can improve how the federal government does business. дальше »
2018-9-26 23:15 | |
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Report: North Korea Is Evading US Sanctions Using Cryptocurrencies
North Korea is reportedly ramping up the use of cryptocurrencies to evade US economic sanctions. It’s also alleged that the country is developing its own native crypto asset to further assist moving money across borders, according to a duo of financial intelligence analysts from Washington D. дальше »
2018-9-24 22:00 | |
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Blockchain Can Save Environment In 8 Ways: World Economic Forum
By 2050 there’ll be more plastic trash in the world’s oceans than fish. And the next generation could see more used car tires than there are trees. So how can blockchain — a digital technology — possibly be good for the environment? By making processes more efficient which leads to less consumption. дальше »
2018-9-19 23:12 | |
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Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector?
Although cryptocurrency mining contributes significantly to the greenhouse effect, the crypto mining industry may be the answer to further investment and growth for the clean energy sector. According to the World Economic Forum’s (WEF) report published on September 16, 2018, while many cryptocurrency miners use non-renewable sources, the cryptocurrency mining industry could benefit significantly if […] Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-19 16:59 | |
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Mario Draghi: Europe ‘Has No Plans to Issue Central Bank Digital Currency’
The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it. Cash Remains King Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency. дальше »
2018-9-18 04:00 | |
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WEF: Blockchain Could Help Address the Planet’s Environmental Issues
According to a World Economic Forum (WEF) report, blockchain could be used to help tackle the “most pressing” environmental concerns faced by the planet. The document states that the distribute ledger system could help address climate change, biodiversity issues, and scarcity of water. дальше »
2018-9-18 04:00 | |
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World Economic Forum Report Calls for Incubation of “Responsible Blockchain Ecosystem”
According to a report published by The World Economic Forum, dated September 14, 2018, blockchain technology might eventually disrupt the way the world utilizes environmental resources, and help steer a sustainable growth pattern along with value creation. дальше »
2018-9-17 20:00 | |
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Report Shows 65 Ways Blockchain Technology Could Solve Existing Global Environmental Problems
Blockchain technology has the potential to solve many of the world’s most pressing environmental problems by disrupting the way the world manages their resources. According to a report published on September 14, 2018, by the World Economic Forum (WEF), PwC, and Stanford Woods Institute for the Environment, blockchain applications that can help the environment range […] Report Shows 65 Ways Blockchain Technology Could Solve Existing Global Environmental Problems was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-17 18:59 | |
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Blockchain Technology to Close $1.5 Trillion Trade Financing Gap
According to research conducted by the World Economic Forum (WEF) and Bain & Company, digitization and advanced technologies, like blockchain technology can help global businesses close the $1. 5 trillion trade financing gap. дальше »
2018-9-17 15:00 | |
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$1 Trillion Boost In Trade Finance Via Blockchain: World Economic Forum
Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co. дальше »
2018-9-15 23:00 | |
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Blockchain Could Boost Trade Finance by $1 Trillion, WEF Research Says
Blockchain technology can help global businesses generate an extra $1 trillion in trade finance, according to World Economic Forum research. дальше »
2018-9-13 11:20 | |
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Cryptocurrencies May Not Be the Answer in Times of Economic Instability, Research Says
The design and behavior of cryptocurrencies may make it an unsuitable replacement for fiat currencies, especially for people in economic and financial turmoil, noted fintech and blockchain research publication Diar on September 11, 2018. дальше »
2018-9-12 13:00 | |
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Cryptocurrency is actually terrible for battling inflation, data shows
Cryptocurrency is often floated as a failsafe for floundering economies. When faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin (or some other altcoin) as a means of alleviating hyperinflation by being more stable than the local currency. дальше »
2018-9-11 19:40 | |
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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency
Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. дальше »
2018-8-31 22:00 | |
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Venezuelan Authorities Mandate Local Banks to Integrate Oil-backed Petro Cryptocurrency
Venezuela’s President Nicolas Maduro and his cabinet are determined to liberate the nation from the age-long economic crisis that has plagued the region, with its native digital currency the Petro. дальше »
2018-8-30 03:00 | |
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Emerging Markets Are the Biggest Determinant of Bitcoin’s Price Movement: Fundstrat’s Tom Lee
Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest effect on the price of […] дальше »
2018-8-30 01:00 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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As Turkey’s Lira Falls, Bitcoin’s Popularity Soars
While Turkey is experiencing an economic and currency crisis, cryptocurrency trading volumes have increased significantly on local cryptocurrency exchanges. Volumes have increased by 63 percent on Koinim, Turkey’s largest cryptocurrency exchange. дальше »
2018-8-16 14:02 | |
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WEF warns: AI could lead to collapse in the global financial system
There’s little doubt that artificial intelligence will reshape the world as we know it. It’ll revolutionize the way we do business, communicate, and even raise our kids. Presumably, the benefits of AI will outweigh the bad, but a new report from the World Economic Forum (WEF) shows we might just have to weather a global crisis before we ever get the chance to find out. дальше »
2018-8-16 03:55 | |
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Despite Korea’s Inhibitions, Jeju Island Pushes for ICO Regulations
Spearheading development to establish Jeju Island as a blockchain and cryptocurrency hub, Governor Won Hee-ryong issued a formal request to the Korean government, Aug. 14, to designate the island as a special economic zone for the burgeoning digital asset sector. дальше »
2018-8-15 05:00 | |
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ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs
In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U. дальше »
2018-8-15 21:55 | |
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Ethereum Classic Is Inspiring Institutional Investment
Grayscale Investments have reported a $90 million investment in Ethereum Classic holdings. Grayscale are a digital asset investment firm that help investors get into the world of cryptocurrency and digital investment. дальше »
2018-8-10 11:00 | |
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MonetaryCoin introduces Algorithmic money supply
MonetaryCoin: A unique approach to the coin cap MonetaryCoin is a new blockchain based project with strong economic foundations. According to the official website — https://monetarycoin. org, the coin cap is governed by a novel prize economic theory called monetarism. дальше »
2018-8-9 03:21 | |
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Iran Turns to Cryptocurrency Malware and Cryptojacking Amidst Economic Downturn
Hackers in Iran are reportedly developing elaborate illegal means of obtaining cryptocurrency. This move comes as the country’s economy continues its downward spiral amidst the impending renewal of sanctions from the United States. дальше »
2018-8-9 23:46 | |
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“Rich Dad Poor Dad” Author Likes Bitcoin, Predicts Fiat Crisis
According to News. com. au, Robert Kiyosaki, the author of the famous best-seller ‘Rich Dad, Poor Dad,’ is warning the public that the next economic crash to come will be catastrophic and damaging to the economy. дальше »
2018-8-8 08:00 | |
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Blockchain Technology is Expected to Grow Quickly in the Asia Pacific (APAC) Region
According to TechWireAsia, the Asia Pacific (APAC) region is one of the fastest growing regions when it comes to blockchain spending in 2018. In terms of blockchain spending, they are currently ranked third, after the U. дальше »
2018-8-2 13:23 | |
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Blockchain Technology is Expected to Grow Quickly in the Asia Pacific (APAC) Region
According to TechWireAsia, the Asia Pacific (APAC) region is one of the fastest growing regions when it comes to blockchain spending in 2018. In terms of blockchain spending, they are currently ranked third, after the U. дальше »
2018-8-2 21:03 | |
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Eastern Economic Forum 2017: How Blockchain is Transforming Reality?
Demetrios Zamboglou took part in the session “New Technologies in the Asia-Pacific Financial Sector. How Blockchain is Transforming Reality” at the Eastern Economic Forum. According to Demetrios, Russia has all the opportunities to become a global leader in blockchain technology. дальше »
2018-7-31 13:18 | |
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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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Economic Change in Pakistan Could Increase Cryptocurrency Usage
As former cricketer-turned-politician Imran Khan prepares to take charge of Pakistan’s economy, some believe Pakistan is on the brink of an economic crisis. This crisis may increase the use of cryptocurrency in Pakistan. дальше »
2018-7-29 05:00 | |
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Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says
Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. дальше »
2018-7-28 17:24 | |
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Once Reliant on Coal Mining, A Texas Town is Looking to Bitcoin Mining to Reinvigorate Its Economy
According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year. дальше »
2018-7-27 17:25 | |
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Cryptocurrency Billionaire Brock Pierce Believes Blockchain Can Save Puerto Rico
According to ABC, cryptocurrency billionaire Brock Pierce believes that he can help contribute to Puerto Rico’s economic development through investments in blockchain technology. Not only can blockchain technology help with immediate disaster relief for local Puerto Ricans, it can also contribute to their struggling economy and help the country to become an international hub of […] дальше »
2018-7-27 16:25 | |
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Iran Considers State-Issued Cryptocurrency Ahead of Imminent US Sanctions
Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States. дальше »
2018-7-27 11:00 | |
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Central City Rockdale Reinvents Itself from Mining Coal to Mining Bitcoin
Rockdale, a town in central Texas, has made headlines due to plans of converting their town from mining coal, into mining bitcoin according to local reports on July 20, 2018. Bitmain Invades, Again In a post-industrial society, many areas that relied on the extraction of raw resources such as coal are beginning to face an economic struggle. дальше »
2018-7-27 01:00 | |
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