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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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17 Tons of Almonds are about to ship to Europe with Blockchain by Commonwealth Bank of Australia
The Commonwealth Bank of Australia (CBA) has announced the completion of a successful trade using its new blockchain platform, according to its July 30 press release. In a collaborative effort involving five domestic and international “supply chain leaders,” the bank used blockchain to track a shipment of 17 tons of almonds from Melbourne to Hamburg, дальше »
2018-7-30 16:34 | |
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Australian bank used blockchain to ship 17,000 kilos of almonds to Germany
The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000 pounds) of almonds using a private blockchain built on the Ethereum network. дальше »
2018-7-30 14:54 | |
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Commonwealth Bank Returns to IOT and Blackheine Deck for Coastline
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment. The Commonwealth Bank conducted an experiment with internet of things (IoT) and blockchain technologies. дальше »
2018-7-30 14:35 | |
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Commonwealth Bank Turns to IoT and Blockchain Tech for Cross-border Trading
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment. The post Commonwealth Bank Turns to IoT and Blockchain Tech for Cross-border Trading appeared first on CoinSpeaker. дальше »
2018-7-30 10:54 | |
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New Zealand’s Major Bank SBS Considers Blockchain Cryptocurrencies
The major bank of SBS sees some of the largest possible applications for blockchain tech as potentially good but has second thoughts on the value of cryptocurrencies. SBS Bank of New Zealand a widely used commercial banks, is watching blockchain technology and cryptocurrency to see the intrinsic value of the pair. As of now, the […] дальше »
2018-7-29 09:34 | |
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Vitalik Buterin Responds To Bank of Canada Proof of Consensus Report
The Bank of Canada recently released a report conducting new research into the different forms of consensus verifying technology used in blockchains all over the sector. In its report, the bank concluded that the superior form of consensus verification is PoW, or Proof of Work. This is the type of system employed by the biggest […] дальше »
2018-7-27 10:59 | |
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How To Buy Crypto’s Bitcoin (BTC) And Ethereum (ETH) Without KYC ID
How To Buy Bitcoin And Ethereum Without Identification While many people are interested in buying and trading bitcoin and ethereum, they are often hampered by the highly rigorous verification process used by many exchanges. дальше »
2018-7-26 22:03 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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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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The World Bank Says 1.7 Billion Adults are ‘Unbanked’, Crypto to the Rescue?
It seems there is a new word floating around in the crypto community – “unbanked” and it is being used to describe those who do not have an account with a financial institution or mobile money provider. дальше »
2018-7-26 09:41 | |
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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 Canada Study Shows Blockchain Double Spending Is “Unrealistic”
Double spending is a fraudulent cash scheme where a single cryptocurrency token is used in more than one instance. This double spending problem has become an oft-repeated worry among the skeptic of cryptocurrency. дальше »
2018-7-24 17:58 | |
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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes
Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »
2018-7-24 09:14 | |
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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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Home Equity Loans for Crypto Trading Banned by Australian Banks
The Australian Bank of Queensland has banned property buyers from using home equity to buy cryptocurrencies, the Financial Review reported July 12. The Bank of Queensland is reportedly the latest institution to bar credit lines from loans to be used for leveraged purchases or trading of cryptocurrencies. The Bank of Queensland is updating loan contracts, дальше »
2018-7-13 04:50 | |
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The End of Banks With Blockchain Supported Wallet: Ethereum co-creator
Following the creation of the blockchain hub for decentralized projects – Decentral, Anthony Di Iorio – co-founder of Ethereum, discussed how digital wallets that are blockchain supported could be the end for banks as you can be your own bank. дальше »
2018-7-13 23:33 | |
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Delaware Real Estate Agent Sells State’s First Bitcoin Home
Even though some ‘experts’ feel that Bitcoin and the like have no value, these virtual currencies continue to be used as payment methods. In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware. дальше »
2018-7-11 11:00 | |
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China’s Central Bank Hails Crypto Ban a Huge Success
The Central Bank of China is calling the country’s crypto ban a huge success as recent data shows that the Chinese Yuan is currently being used in less than 1% of crypto-trades. Chinese Crypto Ban Huge Success The Chinese crypto market once dominated the space, accounting for 90% of all global trades according to a. дальше »
2018-7-9 14:00 | |
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Bitcoin Gift Cards – Coming Soon To A Retail Shop Near You?
Gift cards, popular in many western countries, allow users without a bank account, credit card, or ID instant access to a wide range of products and services both on and offline. Purchase with these cards allow users to spend without their purchases showing on any statements linked to any bank or credit accounts. дальше »
2018-7-9 22:30 | |
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South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’
The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. дальше »
2018-7-1 01:00 | |
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KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability
The report goes to mention that unlike cryptocurrencies, CBDC's could ensure financial stability and be used for exchange instead of just mere speculation. The post KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability appeared first on CoinSpeaker. дальше »
2018-6-28 12:28 | |
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Next Up, A Central Bank Digital Currency For The Bahamas
The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »
2018-6-26 04:00 | |
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Brazil’s Central Bank to use blockchain based platform PIER
The Central Bank of Brazil [BCB] and other regulators of the Brazilian Financial System [SFN] have decided to use the blockchain based technology platform – Information Integration Platform for Regulators [PIER]. дальше »
2018-6-23 04:32 | |
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St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos
Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase. дальше »
2018-6-21 20:59 | |
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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. дальше »
2018-6-21 14:00 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Central Bank of Brazil To Use Blockchain For Sharing Information
Brazil’s Central Bank (BCB) has announced the birth of its first blockchain project developed set to be rolled out at the end of the year. The Information Integration Platform for Regulators (Pier), the new system developed by the BCB’s IT Department (Deinf) will now be used by the central bank to send and receive information […] The post Central Bank of Brazil To Use Blockchain For Sharing Information appeared first on ZyCrypto. дальше »
2018-6-21 22:42 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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BIS Report – Cryptocurrency is an elusive promise
The Annual Economic Report of the Bank of International Settlements [BIS] is titled “Cryptocurrencies: Looking beyond the hype”. The report is an analysis of the problems that cryptocurrencies promise to solve but actually fall short on. дальше »
2018-6-19 04:01 | |
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Ripple Powered Mobile App to Provide On-Demand Domestic Payments in Japan
The Japan Bank Consortium will release a groundbreaking smartphone application called “MoneyTap”— powered by Ripple’s blockchain technology — to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week. дальше »
2018-6-17 12:52 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience
Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo. дальше »
2018-6-11 16:51 | |
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