Blockchain

Previously named Voltron Blockchain, now known as Contour, the firm gains the undisclosed sum from one of the biggest bidders of the world. R3‘s Asia Chief Carl Wegner became the startup’s CEO and will lead the company to the successful launch of its innovative letter-of-credit (LoC) service.The company reduced the time needed for the LoCs from 2 weeks to 24 hours max, in several test projects. Lisa Robins is serving as Head of Transaction Banking at SC. She says that thanks to the Corda...

Syscoin, which launched in 2014 as one of the earliest pioneers of ICO fundraisers, has announced the launch of the Syscoin Bridge protocol, allowing ERC20 tokens to move from the Ethereum network into the Syscoin ecosystem. For network users who wish to take advantage of the newfound interoperability, block 348,000 on the Syscoin blockchain will provide the first opportunity.The pitch from Syscoin is for a decentralized, secure, low fee blockchain with high transaction throughput –...

Twitter and Square CEO Jack Dorsey has always been friendly towards bitcoin. In a recent interview, he says that he thinks the currency will soon be as “common as cash.”Dorsey Believes BTC Is the Future of FinanceThis rings in with a statement he made in the year 2018. The entrepreneur stated to CNBC that bitcoin, within a period of ten years, was likely to become the world’s “single” currency, meaning all other forms of crypto and fiat would become obsolete. This is an ambitious notion for a...

Dubai Multi Commodities Centre (DMCC), a Dubai government-backed entity has teamed up with Switzerland’s Crypto Valley Venture Capital to establish a cryptocurrency valley in the free zone of the country where there are no personal, corporate or withholding taxes,  according to reports revealed on January 27, 2020.Cryptocurrency continues to gain more grounds in the digital world. The United Arab Emirates (UAE) is set to witness a massive development and a new Dubai Bitcoin exchange is a...

Today, Cardano went up by 13.74% gains as buyers continue to show interest.The biggest gainer on market cap targets $0.064 in the near term.Cardano’s bullish sentiment is still moderate against Bitcoin, awaiting a clear break.ADA/USD: Cardano is Poised For More Gains After Surging To $0.042The latest surge in the price of ADA could be traced to the Cardano foundation’s partnership with PwC, a Big Four auditing firm. This collaboration came through as a way of preparing and promoting Cardano...

Sitz des WEF in Cologny bei Genf CC 4.0 by Alexey M. Weltwirtschaftsforum veröffentlicht White Paper zu Chance der Blockchain-Technologie: In einem erst kürzlich veröffentlichten White Paper des Weltwirtschaftsforums (WWF) wird die Nutzung der Blockchain-Technologie für die Arabischen Emirate eingehend beleuchtet und beurteilt. Laut des Berichts könnte der Staat im Mittleren...

As per reports from Forbes on January 27, 2020, Bitcoin (BTC), the world’s largest cryptocurrency experienced a 5% rise, briefly climbing as high as $9,142.80 per Bitcoin on the Luxembourg-based BitStamp exchange before slightly falling back afterward. At the moment of writing, Bitcoin price is $9,017. However, this price still demonstrates a more than 4% growth over the last 24 hours.Since Bitcoin enjoyed a tremendous boost in 2017, it has struggled to reach a similar height. The crypto is...

Ever since cryptos came into existence a decade ago, a lot has changed in the financial world. Many crypto proponents suggested a while back that digital currencies will soon take over the world. They said that cryptos will eventually render fiat currencies obsolete. However, new studies show that cash is unlikely to disappear ‘anytime soon.’Although there is declining use of cash as a payment method and the cryptos are surging, Deutsche Bank is convinced that money is here to stay. The...

The spread of the coronavirus in China has really shaken the world. On Tuesday, January 28, the Chinese authorities said that the coronavirus outbreak has infected over 4000 individuals with over 100 deaths registered.Moreover, the global markets have already reacted to this alarming situation as we saw global stock plunging on Monday. At this time, Bitcoin and other cryptocurrencies are showing upward movement. The Bitcoin price surged nearly 5% today climbing above $9000 levels.At press...

MacKenzie Bezos, the ex-wife of Amazon founder Jeff Bezos, has sold $400 million worth of the Amazon stock. The news has come from a filing that Jeff Bezos made with the Securities and Exchange Commission.According to the filing, Jeff Bezos retains sole voting authority over MacKenzie Bezos’ stake that stands at nearly 19.5 million Amazon shares. Notably, it is 200,000 fewer shares than MacKenzie received of their divorce. Those 200,000 shares are worth about $400 million at the current...