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Power Ledger and KEPCO Complete Blockchain Energy Trade Trial in Japan

Australian energy technology company Power Ledger and Japanese Kansai Electric Power Co. (KEPCO) have completed a joint trial of a blockchain-based system for post-FIT (feed-in tariff) surplus power in Osaka.P2P transaction of surplus powerIn an announcement published on Aug. 12, Power Ledger revealed the test completion of a peer-to-peer

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Bitcoin Price Breaches $12,000 As Analysts Declare ‘Bear Trap’ Complete

Bitcoin (BTC) continued defying expectations to retake $12,000 on July 4 as analysts increasingly compare its performance to 2017’s parabolic rise. Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD retracing slightly to $11,680 after hitting $12,025, continuing a rebound which began on Tuesday. Bitcoin’s behavior had surprised most earlier in

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Ethereum’s Vitalik Buterin Slams Bitcoin SV: ‘Obviously a Complete Scam’

By CCN: Ethereum wunderkind Vitalik Buterin maintained his hardline stance on Bitcoin SV in a recent interview, calling Craig Wright’s cryptocurrency a “complete scam.” Speaking with YouTuber Hardcore Crypto, Buterin left little room for interpretation regarding his thoughts on BSV. The Ethereum co-founder also gave his thoughts on decentralized exchanges and

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Deutsche Boerse, Commerzbank Complete Blockchain PoC for Legally Binding Repo Transaction

German financial services company Commerzbank and securities marketplace Deutsche Boerse have completed a proof-of-concept (PoC) for a legally binding repo transaction using distributed ledger technology (DLT). The news was reported by Cointelegraph auf Deutsch on March 6.A repo transaction is commonly used for short-term borrowing, and allows dealers to

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Three Swiss Firms Complete ‘First’ $3 Mln Real Estate Transaction on Blockchain

Blockchain property transaction platform blockkimo Ltd along with two other companies have jointly completed “the first” real estate transaction on a blockchain in Switzerland. The development was announced by blockimmo in a blog post on Mar. 1.Blockimmo, proptech company Elea Labs Ltd. and digital assets service firm Swiss Crypto

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Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot

German banking and financial services company Commerzbank and technology companies Continental and Siemens have jointly conducted a money market security transaction pilot using blockchain technology. Cointelegraph auf Deutsch reported on the development on Feb. 21.Money market securities are short-terms assets that serve for financing companies and usually have a maturity

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Bloomberg Shows Complete Misunderstanding of JPM Coin Crediting It with Bitcoin Price Rise

Photo: David Martin / FlickrFollowing the news of February 14 about JP Morgan‘s launching its new cryptocurrency dubbed JPM Coin, a lot of controversial responses from crypto community continue to appear on the Web. Some crypto enthusiasts have met the news with promising expectations, while others have taken it

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