Thursday, March 28, 2024
In a recent statement, the Director of the Bank of England (BOE), Mark Carney, announced his support for the creation of a cryptocurrency backed by the banking entity. This announcement was communicated during the RiksBank conference in Switzerland. Although this potential BOE...
     Blockchain networks must “talk to each other” to become the new internet, says MIT experts. On May 24th the MIT Technology Review published an article by Mike Orcutt, their in-house, cryptocurrency and blockchain specialiist, where he explained...
     The South Korean Government is planning to legalize Initial Coin Offerings (ICO's) within the region. The South Korean National Assembly has officially passed a proposal to allow domestic ICO's, after imposing a total ban on ICOs in September...
     Bank of America registered a patent in which it proposes a way to control access to certain aspects of a blockchain-allowed network, according to recently published documents. Specifically, the patent is on a system to manage security and...
     The Colombia Blockchain Association was announced in the past week with the coalition of six public and private Colombian companies, Buda Colombia, Bitcoin Colombia, Cajero.co, IntiColombia, Panda Group and RSK. This new entity seeks to support the country’s...
     China's Bitmain, the world’s most profitable Bitcoin mining company with a reported net return of $4 billion in profits, has recently decided to reinvest some of their capital. Bitmain has led a USD 110 million fund for...
     Last Monday, financial services group, HSBC, claimed it had successfully performed the world's first “commercially viable” trade finance transaction using blockchain technology, exponentially speeding up a process that normally takes a week or more to be completed...
     LG CNS, is a subsidiary of LG Corporation that supplies information technology services. Recently, LG CNS launched its own blockchain-powered platform “Monachain”, aimed at taking a stake in the lucrative, blockchain-logistics business sector related to finance, telecommunication...
The blockchain industry is growing. Every day, more and more technology providers are joining the growing list of software and hardware businesses working with encryption technology services. Companies like Amazon Web Services, IBM, Microsoft or BlockApps, a Microsoft affiliate,...
Jeong Ki-wook, founding member of TrustVerse, a major South Korean wealth management firm and former Cisco executive said in an interview with the tech-news outlet, ZDNet Korea, that he firmly believes that, with the right improvements, cryptocurrency assets, like...