With Anthem announcing their blockchain project, the technology’s mainstream acceptance continues to increase. On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years. The most unique quality of a blockchain is […]
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How exactly do deepfakes work and why are they hard to detect and prevent? Experts believe blockchain technology has a role to play. In its most basic sense, a deepfake is a combination of face- and voice-cloning AI technologies that allow for the creation of life-like, computer-generated videos of a real person. In order to […]
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The Deutsche Bank Imagine 2030 report highlights centralized tokens as the driver for fiat’s demise. A recently unveiled Deutsche Bank “Imagine 2030” report boldly puts a date on the eventual fiat–crypto “social consensus flip,” citing the Asian continent and, in particular, China, to have already recognized the trend. If true, then what every cryptocurrency speculator […]
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France’s financial regulator approves the country’s first ICO from the company French-ICO. The hype around initial coin offerings may have quieted down in the States, but France seems to be taking a newfound interest. On Dec. 17th, France’s financial regulator, the Autorité des Marchés Financiers (AMF), granted the country’s first approval for an ICO application. […]
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The Oil & Gas Blockchain Consortium successfully piloted a blockchain-based system for Authorization for Expenditure. A group of 10 major global oil and gas firms including heavy-hitters like Chevron and Shell has successfully digitized industry balloting using blockchain. The Oil & Gas Blockchain Consortium (OOC) successfully piloted a blockchain-based system for Authorization for Expenditure (AFE) […]
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Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is […]
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The government of crypto-friendly Switzerland has said that there are no current benefits to issuing a digital franc. The government of cryptocurrency-friendly Switzerland has shot down the idea of issuing a digital Swiss franc, for now. According to a Dec. 13 press release published on the Federal Council’s website, the Federal Council approved a report […]
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Amsterdam-based bank and financial services firm ING is reportedly developing cryptocurrency custody technology. Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12. The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of […]
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A company that creates 3D images for online retailers won the Elev8CON 2019 startup showcase, demonstrating how blockchain and augmented reality can disrupt e-commerce. Eight companies gathered on stage at Elev8CON in Las Vegas on Dec. 10 to demonstrate how they are applying blockchain technology to solve real-world problems and improve financial industries. The startup […]
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In fresh testimony to U.S. lawmakers, the head of the SEC touched on cryptocurrency policy, as well as the perceived benefits of its underlying technology. United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors. That was the formal view of Jay Clayton, […]
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