Search Results for: bitcoin
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
Blockchain applied for the first time in a global transaction
October 24th, 2016
Blockchain, the technology behind digital currency bitcoin and now being used to simplify secure financial transactions, has been applied for the first time in a deal facilitated by an Australian bank to sell cotton to China. The Commonwealth Bank ...
Blockchain platform developed by Banks to be Open-Source
October 23rd, 2016
A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology. The Corda platform has ...
Deloitte likes blockchain for loyalty rewards programmes
October 13th, 2016
Big four consultancy firm Deloitte has published a report examining how loyalty rewards programmes can be optimised by blockchain-based technology. Customer loyalty programs are not realising their full potential due to low client retention and redemption rates, time delays, ...
Japan set to drop sales tax on buying virtual currency
October 12th, 2016
Japan looks to end sales-tax collection on purchases of virtual currencies in the spring, a move likely to propel the growth of bitcoin and others as alternatives to traditional money. The change would reduce costs for buyers and relieve operators of ...
TechCrunch Creates a New Series on Cryptocurrencies and Blockchain Technology
October 10th, 2016
Bitcoin is probably the hottest invention of the last decade. At the current rate of growth, combined with its limitless potential, Bitcoin’s underlying blockchain technology may become the most disruptive revolutionary technological invention of this century. Irrespective of individual ...
Cashless Society Gets Closer: Now You Can Make Payments Using Apple’s Messages
October 5th, 2016
Users of Apple’s iPhone can now send each other money, direct from the Message app, thanks to a service called Circle. Money can be sent in euros, dollars, pounds, or—of course—bitcoin, and comes straight from your bank account, without ...
Over 50 lawyers have formed the Digital Currency coalition
October 4th, 2016
Over 50 lawyers that focus on the legal issues facing digital currency users have formed a coalition to connect their users with pro bono legal resources. Organizations like the ACLU, the Institute for Justice, and the EFF have long ...
U.S. Securities and Exchange Commission to Host Public Fintech Forum
September 28th, 2016
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as ...
IBM in blockchain project with China UnionPay
September 23rd, 2016
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers exchange bonus points in different loyalty schemes. Arguing that such ...
