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Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin

While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K Transfer: $45 With A Bank, 75 Cent With Bitcoin BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process a payment. дальше »

2018-9-20 00:00


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BMW To Test Blockchain And Smart Contracts To Simplify Car Buying

BMW is partnering with blockchain startup Bloom to simplify the car buying experience, including streamlining the process of getting a car loan. “Bloom announces its collaboration with BMW Group Financial Services to streamline its customer journey and lending experience as part of the BMW Collaboration Lab 2018,” Bloom founder Shannon Wu wrote in a company blog last week. дальше »

2018-9-18 14:20


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How Bancor Plans to Fix the Cryptocurrency Trading Process

Leading blockchain project Bancor is attempting to introduce automated cryptocurrency trading through its innovative technological solutions. Using a combination of its proprietary algorithm called the Bancor Protocol and a new type of smart contract-powered token, Bancor believes it can usher in a new age where people can trade digital currencies without the need for any middlemen. дальше »

2018-9-18 02:00


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Decentralized Insurance Company Looks to Revolutionize Disaster Relief Payouts

Filing insurance claims and collecting compensation after a natural disaster is a complicated affair. Some companies like Etherisc are looking to utilize blockchain to help speed up payouts. In a world where natural disasters are seemingly increasing in intensity, insurance companies have to stand ready to leap into action to help clients get payouts for damages, and get back on their feet. дальше »

2018-9-13 23:00


September 2018 Marks Lowest Month Of The Year For ICO Fundraising, Lowest In 16 Months

September was a Horrible Month for Initial Coin Offerings Initial Coin Offerings (ICOs) were one of the biggest industries to come out of 2016 and 2017. The process of crowdfunding is really nothing new, but the use of blockchain and cryptocurrency technology to facilitate the funding process gave startup companies on the blockchain a whole […] дальше »

2018-9-11 16:14


EU’s decision on Copyright Reform tomorrow could be a turning point for the web

After a long and arduous process, the pivotal moment for EU‘s controversial Copyright Reform has arrived. On September 12, the 751 members of the European Parliament (MEPs) will have a final decisive vote on the hotly debated reform, cementing the Parliament’s position before opening negotiations with national governments. дальше »

2018-9-11 15:47