Cryptocurrency Analysis and News Portal
China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure.On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly launched by three institutes in the city of Shijiazhuang.The
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On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and
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Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies such as Bitcoin and blockchain for global finance.Peets is currently CIO and portfolio manager for digital asset strategies at Passport Capital. In an Oct. 30 interview with Real Vision Finance, he said that blockchain
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China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the PBoC alongside China’s market regulator, the State Administration for Market Regulation (SAMR), jointly released a set of documents
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The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities.Reuters reported on Oct. 30 that stock exchange Chi-X Australia is concerned that a new blockchain system implemented by the Australian Securities Exchange
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In partnership with Envisible and Topco, the global payment giant Mastercard is ready to revolutionize our food systems by shining more light into a rather opaque industry with a new blockchain network.Deborah Barta, Mastercard’s senior vice president of innovation and startup engagement, commented about the new initiative:“The identity of things
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American multinational investment bank and financial services company, Bank of America, has silently tested Ripple’s blockchain to incorporate distributed ledger technology (DLT) in its banking and other financial services.This might be the boldest step towards blockchain adoption as Bank of America is one of the largest and most distinguished banks
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Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border payments and remittances.On Oct. 16, Malaysian business news outlet The Edge Markets reported that the largest bank in Malaysia, Maybank, will work together with the National Bank of Cambodia
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Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by CryptoX on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and is said to be trustworthy enough for use
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Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy. Local news outlet Business Cloud reported on Oct. 15 that the Welsh Government awarded £100,000 from the £4 million Foundational Economy Challenge Fund to develop the system. The funding will
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