Tag: Blockchain Technology
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Major Japanese Brokerage Could Rescue Crypto Exchange Coincheck
byJapanese online brokerage firm Monex is reportedly considering a buyout of Tokyo-based Coincheck, the cryptocurrency exchange at the center of the recent $530 million NEM theft. Japanese financial publication Nikkei is reporting an offer from online brokerage Monex Group to buy a majority stake in cryptocurrency exchange Coincheck. The offer comes ten weeks after the platform suffered […]
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Blockchain Users are Increasing Every Day, But There’s a Problem
by gulaiymAccording to data gathered by Blockchain.Info, the number of blockchain wallet users has been increasing exponentially since 2011. Last year ended with over 21 million wallet users, and if growth continues at a similar pace, the 2018 total could more than double. Along with a similar line, ICOs continue to grow at a blistering pace. Per CoinSchedule’s […]
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Plan For Recently Announced Chinese Blockchain Center Called Off For Legislative Reasons
by gulaiymThe creation of a Chinese “International Blockchain Investment Development Center” announced earlier this month has been cancelled due to the legal technicalities of setting up branch offices, according to a document published on the Investment Association of China’s (IAC) website yesterday, March 27. The document, stamped March 23, writes that social organizations cannot “set up […]
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China: PBOC Begins Blockchain Rollout With ‘Blockchain Registry Open Platform’
by gulaiymChina’s central bank realized the first of what will likely be many Blockchain implementations in the form of the Blockchain Registry Open Platform (BROP), released Monday, March 26. Unveiled at the Global Financial Science and Technology Summit in the city of Hangzhou, BROP is an open Blockchain protocol developed by the Zhongchao Blockchain Research Institute. […]
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Despite volatility, bitcoin finds growing support in African economies
byBitcoin has fielded criticisms from governments around the world for its unpredictable market value, but in some African countries, supporters of the cryptocurrency are seeing growing interest in its trade. MARCH 23, 2018 KAMPALA, UGANDA—In a sleek new high-rise in Uganda’s capital, an enthusiastic lecturer described his financial success with the cryptocurrency bitcoin while his earnings […]
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Google Is Working on Its Own Blockchain-Related Technology
byGoogle is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways, according to people familiar with the situation. Companies use blockchain and other so-called digital ledgers to securely record transactions and process other data over the […]
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Dubai to Host World Blockchain Forum in April
byThe United Arab Emirates have a very particular goal, set to be accomplished by 2020: they aim to become the first blockchain-powered country on the planet. So it’s no wonder that one of the most important blockchain-related events in the world are being held there – which will help them achieve this objective, while […]
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Blockchain Technology Benefits for Small Business
byA blockchain is an open, decentralized, and a digitized record of all the cryptographic money exchanges. Initially, blockchain was created as the bookkeeping strategy for Bitcoin (BTC) (cryptographic money). It utilizes an innovation known as DLT (distributed ledger technology), meaning it is scattered between an infinite number of computers that have precisely the same copy of the […]
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Google to ban ads promoting cryptocurrencies
byNEW DELHI: Tech giant Google has announced that as per its upcoming Financial services policy, it will prohibit advertisements promoting any kind of cryptocurrencies. The company in an official note stated that the new policy will contain measures to restrict the advertisement of Contracts for Difference, rolling spot foreign exchange (ForEx) and financial spread betting. […]
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Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances
byThai ‘big four’ banking institution Siam Commercial Bank (SCB) is adding euros and sterling to its Ripple-powered blockchain remittance platform. The SCB, one of Thailand’s biggest banks, is adding the euro and the sterling pound to its retail remittance offering powered by San Francisco-based blockchain giant Ripple, the Bangkok Post reports. SCB strategy chief Arak […]
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