Search Results for: bitcoin transactions
Contactless payments take off in Canada
June 1st, 2016
The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International Inc. The report titled, Canadian Payments Forecast – 2016, estimates that the ...
Russia plans to introduce its own cryptocurrency
May 27th, 2016
Bitcoin Beware: Russia Developing National Cryptocurrency Russia plans to introduce its own cryptocurrency, while banning the use of all others, local media reported Friday, ciring Federal Financial Monitoring Service (Rosfinmonitoring) Deputy Director Pavel Livadny. According to the Kommersant newspaper, ...
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 ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
The creator of digital currency service “Liberty Reserve” was sentenced to 20 years in prison
May 9th, 2016
Bitcoin was not the first type of online money to be ever created, as it was preceded by E-Gold and Liberty Reserve, to name a few. The creator of Liberty Reserve was sentenced to 20 years in prison on ...
NY regulator approves Winklevoss bid to trade digital currency ether
May 6th, 2016
New York state has approved the application of Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, to trade digital currency ether on its bitcoin exchange, Governor Andrew Cuomo announced on Thursday. Ether, an alternative currency that differs ...
Deloitte Unveils Five Blockchain Partnerships and 20 Prototypes
May 4th, 2016
One of the largest accounting firms in the world, Deloitte, says it has partnered with five blockchain startups and built a wide range of prototypes to service industries including insurance, employee management and cross-border payments. The ‘Big Four’ accounting ...
ASX still committed to blockchain after CEO’s departure
March 30th, 2016
ASX has reaffirmed its commitment to developing a Bitcoin-like settlement system that could replace its lucrative post-trade services business after the man who championed the technology, Elmer Funke Kupper, quit as chief executive this week. ASX executive chairman Rick ...
Blockchain Smart Contracts Startup Selected By BNP Paribas Accelerator
March 29th, 2016
CommonAccord, a blockchain-based startup for legal documentation, is one of eight startups selected for BNP Paribas‘ new FinTech accelerator, L’Atelier. CommonAccord’s goal is to create global codes for transferring legal documents like contracts, consents and permits. The startup wants ...
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 ...