Search Results for: blockchain technology
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Bank of Tokyo-Mitsubishi will develop its own digital currency
June 16th, 2016
Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind the virtual currency bitcoin. The statement came following a report from the Asahi Shimbun newspaper last week that the bank ...
EU Parliament Approves Proposal for Digital Currency Task Force
May 27th, 2016
The European Parliament, the legislative branch of the European Union, has approved a proposal for a task force dedicated to digital currencies and blockchain technology. A report drafted by European Parliament member (MEP) Jakob von Weizsäcker first began circulating in late ...
Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016
May 26th, 2016
The report titled “Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential – (By Value, By Transaction Volume, Bitcoin ATMs, Company Analysis)” suggests that the cryptocurrencies have a huge potential in disrupting the ...
Arrests And Prosecutions Reveal Big Vagaries In Bitcoin Selling Regulations
May 23rd, 2016
U.S. laws governing bitcoin trading are vague and sometimes lead to complicated law enforcement actions, according to an article in Fast Company magazine. Anti-money laundering laws require exchanges to verify customers’ identities, but what constitutes an exchange can sometimes be unclear. ...
Bitcoin Got 99 Problems, But What Are The Solutions?
May 19th, 2016
As the volume of transactions on the Bitcoin blockchain keeps increasing, transaction delays have become more apparent. The problem relates to how transactions are processed on the blockchain. Are there any solutions offered by the Bitcoin community yet? Bitcoin ...
Nordea offers to fintech startups the chance to accelerate their business
May 16th, 2016
There will be a new chance for startups to accelerate their ideas this autumn. The first Nordea Accelerator programme ran successfully during winter 2015-2016 where twelve selected startups developed their ideas in cooperation with Nordea. The next programme will ...
‘Bitcoin is dead,’ says prominent fintech exec
April 21st, 2016
Exactly three months ago, a well-known bitcoin developer, Mike Hearn, wrote a post on Medium that rocked the community of people who believe in the future of the digital currency and its technology. Bitcoin, he wrote, has failed. “It has failed ...
Bitcoin Trademark Issued for the first time in Russia
April 19th, 2016
Bitcoin and Russia have had some tough times so far. The government is not interested in having bitcoin around, but they definitely want to explore the use of blockchain technology in banking and financial sector. However, ‘Bitcoin’ did get ...
Bitcoin trading platform raises $ 1.2 mn
April 18th, 2016
The Bitcoin trading platform Coinsecure has raised $1.2 million as part of its ongoing ‘Series A’ investment round. The company opened the fund-raising round earlier in January and expects to close the round soon, an official statement said. Coinsecure, ...
