Digital Currency Group’s 2019 annual survey gives an insight into companies’ expectations regarding blockchain and cryptocurrency use cases. Almost 23% of Digital Currency Group (DCG)’s portfolio firms believe that asset tokenization will be the next major use case for blockchain. To prepare the survey, DCG received responses from more than 60 of its portfolio companies. […]
Continue Reading
The Enterprise Ethereum Alliance has created a new system of reward tokens that receives the backing of software giant Microsoft and Intel. Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA). EEA creates new reward token system The EEA, which sets standards for Ethereum-based blockchain applications […]
Continue Reading
Keep a close eye on Bitcoin for the next few days as a strong bounce might offer a good buying opportunity for traders who missed the bus last time. When Bitcoin (BTC) rallies sharply it does not leave a chance to buy. Traders then regret missing the bus. They promise themselves that they will buy […]
Continue Reading
The chief economist at ING says that Facebook’s plan to launch a digital currency has put pressure on central banks to launch their own. The chief economist of Dutch multinational banking and financial services giant ING says that Facebook’s plan to launch a digital currency has put pressure on central banks to launch their own. […]
Continue Reading
Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN AMRO finds itself in the midst of a major alleged money laundering scandal. Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN Amro NV finds itself in the midst of a major money-laundering scandal. On Sept. […]
Continue Reading
One of the Big Four banks in the U.K., Lloyds Bank, has partnered with blockchain platform Komgo to speed up international commodity trade finance. Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division. Blockchain to streamline international trade process On Sept. 25, United Kingdom financial news outlet FStech reported that […]
Continue Reading
Cryptocurrencies can be spent in most stores, most Europeans falsely believe, according to a new ING Bank survey. Most Europeans believe cryptocurrencies can be spent in most stores, according to the results of a survey conducted by ING Bank and published on Sept. 18. Crypto can be spent in most stores? The survey, which has […]
Continue Reading
Ripple rolls out crypto-based cross-border payments for PNC, one of biggest banks in the U.S. Stablecoins have a goal of putting an end to the recent volatility of the crypto market — and in doing so, they have opened the door to crypto usage for institutional investors, which has long been considered an important milestone […]
Continue Reading
American financial services corporation Mastercard has joined blockchain software firm R3’s Marco Polo network for trade finance. American financial services corporation Mastercard has joined blockchain software firm R3’s Corda-powered Marco Polo blockchain network for trade finance. In a press release published on Sept. 3, Mastercard revealed its participation in the Marco Polo Network project, a […]
Continue Reading
Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]
Continue Reading