Blockchain

Singapore May Become First Country to Fully Embrace Cryptocurrencies

Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus.  Singapore “Does Not Regulate Technology Itself But [Its] Purpose” It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch. The Singapore Consensus 2018 […]

Blockchain

Three Pro-Cryptocurrency Bills to Be Introduced to Congress

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing industry by introducing concise and transparent guidelines for businesses and investors, while also providing a safe harbor for taxpayers who use cryptocurrencies.    Accelerating the Development of Blockchain Tech Congressman Tom […]

Blockchain

PwC Officials Remain Resolute About The Potential of Blockchain

Over the past few days, officials at PricewaterhouseCoopers have extolled the popularity and utility of blockchain technology. Big Four auditor PricewaterhouseCoopers (PwC) has played a heavy role in the world of blockchain. Earlier in the month, Bitcoinist reported on a PwC company survey that cited issues like scaling, compatibility, and regulatory uncertainty as barriers which […]

Blockchain

Blockchain Is Paving the Way Towards Reduced Carbon Emissions

Debate continues to rage about the best practices and strategies needed to collectively curb carbon emissions. Blockchain tech can help. As cryptocurrencies grow in popularity, so does the debate about their energy usage. Research has purported energy consumption habits by miners could be leading to carbon emission levels that could be interfering with national climate […]

Blockchain

Crypto Pioneer David Chaum Says His New Blockchain Beats Bitcoin

eCash creator and pioneering cryptographer David Chaum unveiled his Elixxir cryptocurrency September 19 following two years of behind-the-scenes development. Targeting Consumer Scale Speaking at the Consensus Singapore conference, Chaum said his latest project addressed the shortcomings in speed which currently prevent bonafide blockchain-based assets such as Bitcoin scaling quickly. “It is widely recognized that some […]

Blockchain

3 Steps Bakkt Will Take to Become a ‘Regulated Institution,’ According to CEO

The CEO of Bakkt shed some light on the steps it will take to differentiate itself on the market and become a regulated financial institution. Physically Delivered Bitcoin Via Regulated Infrastructure In a blog post of September 18, Kelly Loeffler, CEO at Bakkt, revealed the project’s intended steps to address the “unique requirements of regulated institutions, […]

Blockchain

Smart Contracts Becoming an Essential Tool for Business

Smart contracts are becoming an important part of conducting business. In the global payroll space, the technology can rid companies of redundant bureaucracy.  The world of business is increasingly global, but some borders persist. Laws, directives and ways to enforce them change from country to country, rendering international business unnecessarily complicated. This complication translates into […]

Blockchain

In China the Mantra Remains ‘Blockchain Not Bitcoin’

China maintains a hostile stance on activities related to crypto assets while expressing a more open mind when it comes to blockchain. Their decision-making process could have immense geopolitical implications. It’s no secret that China has been determined to dampen the cryptocurrency industry while setting themselves up to dominate the blockchain scene. In late August, […]

Blockchain

Ripple To Launch xRapid ‘Within One Month’, Exec Tells CNBC

Remittance network Ripple plans to launch its xRapid payment network “within the next month,” head of regulatory relations for Asia-Pacific and the Middle East Sagar Sarbhai has told mainstream media. Sarbhai: I’m ‘Confident’ About xRapid Launch Speaking to CNBC in an interview published September 17, Sarbhai said he was “confident” the company would deliver on […]

Blockchain

Bitfinex Launches Ethfinex For ‘Trustlesss Trading Experience’ of Ethereum Tokens

Bitfinex, one of the leading cryptocurrency exchanges, announced the launch of a hybrid Ethereum-based exchange. Users will be able to trade over 57 Ethereum based tokens on-chain.  ‘Trustless Trading Experience’ At the time of writing this, Bitfinex is the fifth largest cryptocurrency exchange, having handled over $ 317 million in the last 24 hours according […]