Search Results for: Distributed ledger technology
Could bitcoin change the game in Africa?
August 4th, 2016
In the wildest of claims, bitcoin – the virtual paperless and stateless currency transacted on the borderless internet – was going to tear apart traditional money transfer companies and help alleviate poverty. Accessing the multibillion-dollar remittance flows to Africa certainly has ...
Russian Finance Firms Form Blockchain Consortium
July 4th, 2016
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and professional services firm Accenture. The launch came during the 25th International ...
Deloitte choose Dublin as part of its FinTech initiative
May 25th, 2016
Deloitte today announced Dublin as the base for the creation of an EMEA Financial Services Blockchain Lab as part of its FinTech initiative ‘The Grid’. Deloitte Ireland has over 2,000 people in Ireland and provides audit, tax, consulting, and ...
Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion
May 25th, 2016
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
MIT Explores Cryptographic Heritage Solutions With Bitcoin And Blockchain
April 25th, 2016
Bitcoin and the blockchain could be an attractive ally in this regard, as it would allow for the creation of cryptographic heritage. Cultural heritage is one of the most important cornerstones of our society these days, yet we are ...
Venture Capitalists Inject Nearly Half a Billion in Bitcoin throughout 2015
April 4th, 2016
The year 2015 has been a particularly good one for Bitcoin startups all over the world, as a lot of money was raised over the course of 12 months. A recent report by Consultancy in the Netherlands shows how ...
IBM blockchain leader Jerry Cuomo using ‘shadowchains’ to launch moonshots
March 28th, 2016
IBM has been building momentum behind blockchain by championing the Linux Foundation’s Hyperleder Project and creating its own Open Blockchain (OBC) among other things. IBM’s vice president of blockchain Jerry Cuomo, who recently gave testimony before US Congress about ...
Will bitcoin provide banks with their ‘Kodak Moment’?
March 16th, 2016
The world’s banks are facing a ‘Kodak Moment’ if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ It ...
Deloitte Highlights Israel’s Rise as ‘Blockchain Hotspot’
March 4th, 2016
A new report from global professional services firm Deloitte focuses on Israel’s development into a blockchain hub, outlining the work of a number of startups working on distributed ledger solutions across a variety of industries. “The country’s unique experience with FinTech, cyber and ...
