The IMF just held a meeting of an advisory group on fintech – one that featured heavy representation from blockchain industry execs.
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The bitcoin price chart has reclaimed position above the $680 (Bitstamp) price level. For now it looks like further correction is ruled out. A Fed rates announcement, later today, hangs over global markets.
"Gold bugs are expecting a continuation of the gold rally; for stocks to tank; and the Bitcoin ecosystem remains eager for additional advance."
Traditional banking providers in the U.S. are falling behind in the innovation arms race that will define the industry for the next 20 years.
" American financial institutions had better be careful, or they will fall behind in the innovation arms race that will define the future of banking for the next 20 years."
"The widespread success of cloud computing is driving the DevOps revolution in enterprise IT."
A study examines the current trends in the international money transfer space. Olivia Chow, the company’s Lead Researcher, had a chat with Cointelegraph revealing its key findings.
"This is topped with a figure of 96 percent representing those who are unhappy with the level of service they receive."
Share with: The ICO campaign of Exscudo a new financial ecosystem, has kicked off and will run 37 days from April 25th till May 31st, 2017. The digital valuable Exscudo offers for crowdsale is called EON. EON coins are called after the name of the Exscudo’s in-house EON blockchain. There is a one-time emission of EON …
"All the services named above are powered by the EON blockchain, which uses EON coins as transport."
Share with: Blockchain financial services app Humaniq has announced deals for their HMQ cryptocurrency token to be traded initially on six cryptocurrency exchanges shortly after their ICO ends. With their incredibly successful ICO almost finished, tokens will be disbursed to participants within 10 days after the end of the ICO on April 27th. The six exchanges …
"The six exchanges that have agreed to trade HMQ are SpaceBTC, LiveCoin, Bitlish, Dabtc, Exmo, and Cex.io."
Day one at World Sailing's World Cup Series Hyères done. French racers Nicolas Parlier and Axel Mazella dominated their respective blue and yellow...
"There has been some seriously close racing already on the "Olympic" short track course, and once the fleet will be split into gold and silver the action will be skyrocketing."
The SEC has quietly begun the process of deciding whether to approve an exchange-traded fund for the digital asset ether.
"NYSE Arca then filed for a proposed rule change clearing the way for the ETF listing in December, according to a notice published in January."
SEC has granted a request by the Bats BZX Exchange, Inc. to review its decision of disapproving the bitcoin ETF back in March this year.
"The decision document mentions a specific date, data analyzed by the 28th of February. That’s almost two weeks ago."
It's tough to keep up with technology. And India's finance sector knows it too well. Blockchain technology, based on concepts that underpin cryptocurrencies like bitcoin, is fast gaining pace in Asia's third-largest economy but business executives still aren't sure if they understand it. In 2016, some 32 blockchain firms were founded in India, according t
"In 2016, some 32 blockchain firms were founded in India, according to audit and consultancy firm PwC. In the years before 2016, just 23 were founded, PwC added in its fintech report released on April 21."
The Bank of Maharashtra (BoM) lost Rs 6.14 crore to four hacks in 49 days a bug - the result of a bug in the bank's UPI app.
"The alleged hackers exploited a bug in the bank’s app, which was developed by Mumbai-based InfrasoftTech."
China's Jiangsu province has launched a new state-owned entity aimed at providing blockchain market research.
"Yeung stressed that unlike established consortium groups, JBI intends not to be "beholden" to corporates, and that its government affiliation makes it able to focus on overall ecosystem health"
A slowdown in big announcements may not mean blockchain consortia are doomed – on the contrary, the model may be evolving.
"The departure from R3 last year of a few early members hinted at the difficulties inherent in large associations."
A new software update – version 0.14.1 – has been released by the Bitcoin Core open-source development community.
"The release also comes at a time when the litecoin network, the fourth-largest cryptocurrency by volume, is on the verge of implementing the SegWit code upgrade."
Digital currency payments in vehicles may not be far off, if the ideas in a new patent application from telecom giant AT&T enter real-world use.
"The application goes on to conceptualize what these payments may actually entail, including what are essentially micropayments that occur depending on what happens during a drive."
A look at what's still to do for ethereum developers working on the Metropolis upgrade – the platform's third of four planned stages.
"Dimitry Khokhlov, Ethereum Foundation testing engineer, told CoinDesk that development of the third phase is roughly halfway to completion."
Having difficulty marketing your decentralized startup? Fear not, the past yields clues for how new disruptive tech can differentiate.
"The good news is that the following two steps will get you a long way down the road towards reaching your goals."
Delaware's Blockchain Initiative has revealed big ambitions to attract new businesses from across the globe to the tiny US state.
"Spitzberg's public partners include Toronto-based merchant bank Acasta Capital, Munich-based Ming Labs (which has offices in Shanghai and Singapore), and Zurich-based Mountain Partners."
Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.
"Indeed, the authors posit that their research could give financial regulators greater insights into these dynamics as such systems become more prevalent."
Central banks could allow access around the clock if they used blockchains, a senior Bank of Japan official speculated last week.
"In his speech, Nakaso brought up this idea, suggesting that, depending on the degree of adoption, such an arrangement could give accountholders continuous access to funds."
Sweden's land registry authority Lantmäteriet sits down with CoinDesk for an exclusive interview on its blockchain R&D efforts.
"The Lantmäteriet, Snäll said, was drawn to the openness and transparency that blockchain technology could potentially offer the agency, as well as Sweden's citizens."
The UN is preparing to kick off an epic ethereum pilot, but the future could also include actually accepting cryptocurrencies.
"Created over a 40-day period, the proof-of-concept is the latest effort designed to show that a blockchain could be used to distribute humanitarian aid to those in need."
Ethereum prediction market project Gnosis sparked broad debate today following an initial coin offering that didn't exactly go as planned.
"Demian Brenner, project lead at Zeppelin, a firm that does technical due diligence on ICO projects, called the results evidence prediction markets are simply a "hot area" of the market."
Perhaps the most understandable part of the proceedings for a technophobic 50-year-old such as myself was the analogy between Blockchain in 2017 and the mobile phone in 1985.
"The same has been true over much of the 2010s so far as the merits or otherwise of using cryptocurrencies rather than fiat currencies, with scares over hacking and volatility only making matters worse."
UK's stock market fell while bitcoin rose slightly as UK heads to historical elections with brexit probably being the main topic of debate.
"The party rose to power in a coalition in 2010 with the conservatives"
This page talks about Blockchain concepts and its financial and non-financial use cases.
"The concept of blockchain has energized the financial services industry globally."