IBM & Australian Banks Pilot Lygon Bank Guarantee Blockchain Solution

IBM and Scentre Group, a company that manages shopping centers, have teamed up with an association of Australia-based financial services companies in launching a pilot program that encodes retail lease bank guarantees onto a private blockchain, according to an IBM press release. With participation from organizations including ANZ, Commonwealth, and Westpac banks, Lygon was launched […]

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MILE Now Listed on BitForex: Fast, Free and Decentralized Blockchain for the Real Economy

BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]

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Bitcoin’s One-Stop Pawn Shops

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. It might be easy to look at that 5 percent year-on-year price decline and conclude that perhaps the world’s best-known cryptocurrency is getting more stable. Those two data points belie the fact that the […]

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