Blockchain

IKEA, the world’s largest multinational furniture retailer based in the Netherlands, has successfully settled an invoice, receiving payment for goods bought by Iceland’s Nordic Store, using Monerium’s programmable digital cash. The initiation and completion of the transaction were carried out via Tradeshift – a global leader in the supply chain financial sector – on the Ethereum blockchain. The digital cash used in this transaction is a direct virtual form of the Icelandic official currency...

Telegram Open Network (TON) announced in its letter to investors that it is close to its planned launch.Mitja Goroshevsky, CTO of TON Labs, a startup building tools for TON developers, said that TON Labs itself “will run and manage its own validation pool.”He confirmed the authenticity of the letter saying that original investors received emails from the Telegram core team and that is expected from them to provide Telegram with their public keys by Oct. 16 using the key generator in order to...

One of the biggest advantages Bitcoin has over the traditional financial networks is the low transaction-fee model. This has been amply demonstrated amidst the ongoing furor in the U.S. over the ‘Ukraine Whistleblower’ as fundraising effort on GoFundMe gets underway. Less than a week since a complaint from an anonymous CIA agent alleged that President Donald Trump had sought foreign help in his 2020 re-election efforts, the GoFundMe page opened to assist in meeting the Whistleblower’s legal...

To make sure that Ripple‘s XRP begins to function on a broad basis, Ripple Labs has introduced the Xpring platform in order to enable third parties to be able to use XRP’s Mainnet for different kinds of applications like never before. One year after Ripple announced the existence of the platform, the XRP development team decided to enable just about anyone to be able to create smart applications that use XRP as the main token of execution of transactions.Ripple indicated this in a tweet that...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 720. Heute geht’s um folgende Themen: Vier große Partner der Facebook Coin Libra bekommen kalte Füße, Nationale digitale Währunge in den USA & Coinexchange.io macht aus finanziellen Gründen dicht 1.) Zerbricht Libra von innen? Vier große Partner der Facebook Coin bekommen kalte Füßehttps://cryptomonday.de/breaking-zerbricht-libra-von-innen-vier-grosse-partner-der-facebook-coin-bekommen-kalte-fuesse/ 2.) US...

Photo: ShutterstockAn abbreviation STO stands for Security Token Offering. STOs are similar to ICOs but have some fundamental differences. For instance, security tokens are regulated offering like traditional securities and are subject to the same legal compliance requirements. Their key difference is that a security token records the ownership of the investment product on a blockchain.The interest in STO lists has grown recently as startups and established companies are looking for new...

Photo: Broadridge / LinkedInBroadridge Financial Solutions, a United States-based corporate services company said on Tuesday they are ready to add cryptocurrencies and exchange-traded derivatives capabilities to their offerings. With the acquisition of Shadow Financial Systems, Inc., this service provider that is a famous supplier for public companies that provides them with proxy statements, annual reports and shareholder communications solutions, such as virtual annual meetings – is...

Since its launch on June 18, 2019, Facebook’s Libra project has encountered mixed reactions. Now, four payment companies that had joined the social media giant as founding members of the Libra Association are hesitant. They have developed cold foot over whether to formally sign on to the crypto project. The issue was explained by people familiar with the matter.According to a new Bloomberg report, MasterCard, Visa, Stripe, and PayPal are allegedly stalling at officially joining the...

There is more than a lot to take in when considering the current economic and political landscape in the United States. Quite recently, an official impeachment inquiry was announced by Nancy Pelosi, the Speaker of the House of Representatives, against President Donald Trump. Long before this, many people including economic analysts and businessmen alike, have been strongly of the opinion that the U.S. is on the verge of a recession and more people seem to be corroborating this. Now apart from...

One of Germany’s biggest banks, Bayern LB, has just published a report where it pitched Bitcoin against gold, with a very bullish conclusion. According to the Munich-based bank, Bitcoin price will hit $90,000 by 2020, more than 4 times its current all-time high and per the report, the bank believes that Bitcoin will do much better than gold, especially after the upcoming halving next year.In the report titled “Is Bitcoin outshining gold?”, Bayern LB considers the stock-to-flow (SF) ratio. The...