Blockchain

After Midterm Elections, ‘Experts’ Vehemently Oppose Blockchain Voting

After this week’s highly-fraught midterm elections, some commentators believe that blockchain is more useless than ever for voting. After Tuesday’s crucial midterm elections, commentators — many of them academics and researchers — reinforced the importance of traditional voting methods, offering a strong critique blockchain. Midterm Voices   NBC’s Jasmin Boyce reported on a number of voices that […]

Blockchain

EtherDelta Founder Charged with Operating ‘Unregistered Securities Exchange’

The Securities and Exchange Commission (SEC) pressed formal charges against Zachary Coburn, the founder of cryptocurrency trading platform EtherDelta, for not registering his company as a national securities exchange.   Required to Register According to an official press release, the SEC has taken action against the founder of digital token trading platform EtherDelta, Zachary Coburn. […]

Blockchain

HSBC Executes India’s First Overseas Blockchain Payment for Major Company

The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology. “The Use of Blockchain Offers Significant Potential” Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. The parties […]

Blockchain

BNP Paribas, HSBC, and 10 Other Banks Launch Hong Kong Blockchain Trade Finance Platform

A new Hong Kong-based blockchain trade finance platform has just launched this week that was developed by twelve major global banks, Reuters reported this Wednesday. The platform was developed by Canadian-based HSBC, France-based BNP Paribas, Great Britain-based Standard Chartered, and nine other major banks. Blockchain Trade Finance Platform The new platform is called eTrade Connect, and […]

Blockchain

Bithumb Launching US Securities Exchange with SeriesOne Partnership

South Korean cryptocurrency exchange Bithumb has joined the league of exchanges diversifying their international offerings by setting up a US securities trading platform.  Preempting ‘Global’ Blockchain Asset Tokenization Through a partnership with blockchain fundraising platform SeriesOne, Bithumb seeks to speed up its growth into a “global financial firm” by cornering the securities token market, local […]

Blockchain

The SEC Wants to Engage the Crypto Community through FinHub

The launch of FinHub shows that the US Securities Exchange Commission (SEC) is increasingly focusing on 4th Industrial Revolution technologies. Among these technologies, Bitcoin and artificial intelligence (AI) continues to enjoy prominence. Crypto Enthusiasts Can Engage the SEC through FinHub On October 18, 2018, the SEC launched the Strategic Hub for Innovation and Financial Technology (FinHub) to […]

Blockchain

Stablecoins Are The ‘Disney Dollars’ of Crypto

Companies and exchanges are jumping on the stablecoin bandwagon — but just how promising is this concept and doesn’t it go completely against everything Bitcoin stands for?  Dollar-Pegged Money is Nothing New Disneyland’s first president, Jack Lindquist, introduced the in-house currency called Disney Dollars in 1987. These paper notes featured pictures of Mickey Mouse and other […]