Archive

Category: Finance

ROCKEFELLERS INVEST IN BLOCKCHAIN

Venture company Venrock owned by the legendary Rockefellers announced its intention to invest in the cryptocurrency and business innovation of Blockchain. The company has about 3 billion dollars. In partnership with the scientific approach of CoinFund, Venrock supports the development…

ESTABLISHING BEST PRACTICE WORLDWIDE

South Korea‘s crypto-exchange Bithumb and the service of the mobile payment system Korea Pay will work together. The exchange Bithumb has expanded its list of support services and own consulting services. Together with the company Korea Pay’s Service which has…

MINING IN CONDITIONS OF ENERGY SAVING

Do not consider as miners those who do not exceed the norms of electricity consumption. This is offered in the second edition of the law “On Digital Assets” of Russia. In the original draft law, the mining is recognized as…

BLOCKCHAIN TECHNOLOGIES PROMOTE DEMOCRACY

The Israeli company Blockchain CoaliChain is developing an interactive platform for promoting open policy. The Government of Israel promotes innovations in the field of communications and information technologies for the improvement of democracy. During the interactive dialogue between citizens and…

CASE-STUDY METHOD FOR BLOCKCHAIN

The US Treasury published recommendations for cryptocurrency start-ups. On the website of the Bureau of the Fiscal Service, representatives of the Department of the Treasury published a number of questions for the creators of blockchain projects. If the answer to…

MONITORING IN SMALL

A computer the size of a grain was shown at the IBM Think 2018 conference in Las Vegas. The minicomputer operates on the basis of blockchain technology. According to the representatives of IBM, this tiny chip is built into household…

PAYMENTS OF SOUTH KOREA

The South Korean Financial Services Commission (FSC) introduces radical changes in the work organization of banks and insurance companies. To protect customer data and simplify inspection processes, the commission approved the implementation of blockchain technology. As part of its fintech…

MORGAN STANLEY STUDIES THE BLOCKCHAIN POTENTIAL

One of the largest investment banks Morgan Stanley plans to explore the potential of blockchain technology. Investment pessimism about the blockchain and the cryptocurrency has become a thing of the past. And present day, investors evaluate crypto market as worthy…

BLOCKCHAIN IN ENERGY SECTOR

Scientists, investors, and representatives of the blockchain industry will meet in Berlin at the Blockchain Event Horizon conference in April this year. Over a couple of days, more than 40 international blockchain and energy startups will present their own ideas…

BLOCKCHAIN AND GOVERNMENT ELECTIONS

The Swiss blockchain startup Agora participated in the counting of the results of the presidential elections in Sierra Leone. The Government of the African country used blockchain technology to improve the transparency of elections. The company Agora cooperated with the…

THE EU OPENS THE HORIZONS

The new Action Plan of FinTech was unveiled by the European Commission in the field of innovative technologies. The aim of the EU financial sector is to use the technology of blockchain, artificial intelligence, and attract new players. As a…

BLOCKCHAIN MARKET OF NON-CASH PAYMENTS

No signs of a fake. Experts of the business-accelerator Crowdsale Network have studied and have vouched for the project CRYPTO GLOBAL PAY. This is a payment system for instant non-cash payments through smartphones and tablets based on Android and IOS….

CANADIAN CARD CREDIT

Credit cards as a credibility license. The largest Canadian banks are consistently performing transactions with the cryptocurrency through credit cards. Clients of banks can buy various cryptocurrencies and conduct transactions using credit cards. Among these banks is Royal Bank of…

WALL STREET GLOBAL INVESTORS IN BLOCKCHAIN

The launch of the new company “The Wall Street in Blockchain” was announced by the founders of the investment banking community BANCA. The company uses artificial intelligence and smart contracts for automatic control. Blockchain technology ensures data continuity and smart…

CYBERCRIME COST THE WORLD $600 BILLION

The crime departs from elementary robbery, blackmail, and extortion. Scammers proceed with crimes in cyberspace. The damage from cybercriminals cost the world $600 billion or 0.8% of the world GDP. The most “harmless” violation for today is black mining. The…

BLOCKCHAIN CHANGES THE WORLD

The development of blockchain technology can change the world because the blockchain already becomes a key infrastructure in the forthcoming fourth industrial revolution. This is the opinion of South Korean Finance Minister Kim Dong-yeon. The minister does not make such…

THE STRENGTH OF WORDS ON СRYPTOMARKET

Despite the 15% per day decrease in bitcoin prices, the Indian government announced that it is accelerating the transition to a digital economy and will continue to study the technology of blockchain. A unified position regarding the cryptocurrency has not…

SAVE BILLIONS OF DOLLARS IN CANADA

The Exchange Traded Fund (ETF) investing money in blockchain projects will appear in Canada. The company Harvest Portfolios which has already received permission from the Ontario Securities Commission will launch a fund called Blockchain Technologies ETF as early as this…

SBERBANK CIB STARTS TRADING IN SWITZERLAND

The largest Russian bank Sberbank CIB plans to begin trading in cryptocurrency outside of Russia to avoid violating internal rules, said Andrey Shemetov, Vice President of the bank. According to him, it is not only about bitcoin, but also about…

BANK INDONESIA TESTS DIGITAL RUPE

Bank Indonesia will begin testing a digital rupee in order to increase the efficiency of the national payment system. As the bank representative, Susiato Dewi said, Central banks of other countries are already testing digital currencies for use as official…

SAVING PRIVATE CUSTOMERS IN JAPAN

More than half a billion dollars in the NEM cryptocurrency was stolen as a result of cracking the Japanese cryptocurrency exchange Coinchek last week. The incident is qualified as the largest in the history of cybercrime. In this regard, the…

STOCK MARKET IS STUDYING BLOCKCHAIN

A consortium for analysis of the blockchain use for brokerage services is created by SBI Ripple Asia, a joint venture of the Japanese investment firm SBI and the startup Ripple from San Francisco. The consortium will include 18 securities firms,…

INTRIGUING FUTURES OF NASDAQ

The stock exchange Nasdaq will launch such bitcoin futures which no one has seen before. Now the exchange is on the stage of studying the issue of launching futures contracts, which will differ from similar derivatives on competing exchanges. This…

WHY PEOPLE NEED BITCOIN

Why do you need bitcoin, if there is no problem that it was going to solve, — says the former chief economist of the World Bank and Nobel Laureate in Economics Joseph Stiglitz. The only characteristic that bitcoin users interest…