Search Results for: blockchain
The digital revolution on the finance industries
January 29th, 2016
EU experts and stakeholders discussed the impact of the digital revolution on the finance industries, market participants and consumers at a recent event organised by ACCA (The Association of Chartered Certified Accountants) and Deloitte in Brussels Internet and digital ...
Why Bitcoin Isn’t Dead
January 28th, 2016
Milo Yiannopoulos, the technology editor for Breitbart.com, a global news site for independent and conservative-leaning thinkers, admits he first believed the recent media coverage that bitcoin was dead due to Mike Hearn’s declaration that such was the case. But ...
EU says to monitor, not regulate ‘hyped’ virtual currencies
January 26th, 2016
The European Union will monitor rather than regulate “hyped” virtual currencies for now, because too little is known to justify new rules beyond reining in specific risks like money-laundering, the body’s executive said on Monday. The world’s 600 virtual ...
PwC launches new global technology team to harness Bitcoin technology
January 22nd, 2016
PwC has recruited 15 leading technology specialists to exploit and commercialise blockchain, the technology that powers the crypto-currency, Bitcoin. The new Blockchain team will be based in PwC’s Belfast office and is expected to grow to over 40 digital ...
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
January 21st, 2016
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions. R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of ...
Bitcoin: Is the crypto-currency doomed?
January 20th, 2016
A high-profile Bitcoin developer has said the crypto-currency has failed and he will no longer take part in its development. Mike Hearn, a Zurich-based developer and long-time proponent of Bitcoin, surprised many this weekend when he published a blog calling ...
UBS:Developed economies likely to benefit while emerging economies likely to suffer in Fourth Industrial Revolution
January 20th, 2016
A new UBS white paper unveiled at the World Economic Forum`s Annual Meeting reveals that economic flexibility is vital to succeeding in 2016 and beyond. Fourth Industrial Revolution being driven by extreme automation and connectivity Low and middle-skilled jobs ...
Government urged to use Bitcoin-style digital ledgers
January 19th, 2016
The UK’s chief scientific adviser has urged the government to adopt the technology that powers crypto-currency Bitcoin to run various public services. Bitcoins are powered by blockchains – digital ledgers that record information from Bitcoin transactions to DNA. Sir ...
Is Bitcoin Breaking Up?
January 18th, 2016
Rift widening over how to deal with the size limits within the virtual currency’s ledger of transactions A prominent bitcoin developer has labeled the currency a failed experiment, widening the rift over an arcane but critical technical issue that ...
The Top 10 (or 11) Bitcoin-Friendly Cities
January 18th, 2016
Looking to spend bitcoin on your travels? Your chances are much greater in the US. Seven of the top 11 cities with the most merchants that accept bitcoin are in the U.S., based on information from coinmap.org. San Francisco/San ...