Tag: credit

Blockchain Startup Civic Appoints Apple Veteran as Executive Director of Identity.com

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Blockchain startup Civic has appointed Phillip Shoemaker as executive director of its Ethereum-based decentralized identity platform. Blockchain startup Civic has appointed Apple veteran Phillip Shoemaker as executive director of Identity.com, its Ethereum (ETH) blockchain-based, decentralized identity platform. The news was announced in a press release published Dec. 13. Identity.com is Civic’s open-source, decentralized and tokenized […]

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Report: Venezuela Converts Pension Bonuses into State-Issued Crypto Petro

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Venezuela has reportedly automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro. Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a report from English-language politics blog Caracas Chronicles Dec. 12. First launched as a pre-sale in February, the controversial […]

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Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note

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Russia’s parliament will discuss a draft bill on blocking suspicious financial websites, and experts believe it might affect “scam” ICOs. A group of Russian members of parliament (MPs) has introduced a draft bill on blocking suspicious financial websites on Tuesday, Dec. 11. Russian crypto media outlet Forklog believes it can encompass “scam” Initial Coin Offerings […]

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How Crypto Incentives Work, Explained

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Crypto platforms are taking innovative approaches when it comes to incentivization, but what does it mean for miners and the people who use these services? Where do loyalty programs fit in? This marketing tool has been suffering issues for years. In the non-crypto world, consumers are overwhelmed by the number of schemes offered by retailers […]

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UK-Based Global Funds Network Calastone to Switch Entire System to Blockchain in May

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London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain. London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3. Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset […]

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US Commodities Regulator CFTC Issues Smart Contracts Primer, Outlines Benefits and Risks

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The U.S. CFTC’s fintech hub LabCFTC has issued a Primer on Smart Contracts, its second such publication dedicated to blockchain innovation. The U.S. Commodity Futures Trading Commission (CFTC)’s fintech innovation hub LabCFTC has issued a Primer on Smart Contracts, according to an official announcement Nov. 27. The primer is LabCFTC’s second fintech-educational publication, the first […]

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