Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

The value of blockchain technology in leading markets has grown rapidly over the past 12 months. Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing. With billions of dollars being invested […]

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ING Bank Launches Open Source Privacy Improvement Add-On for Blockchains

Dutch banking giant ING wants to “improve” the anonymity credentials of enterprise blockchain use. Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21. ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such […]

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China’s Internet Watchdog Issues Draft Regulations for Blockchain-Based Info Services

China’s top-level internet watchdog has published new draft regulations for blockchain-based information service providers. China’s top-level internet watchdog, the Cyberspace Administration of China (CAC), published new draft regulations for blockchain-based information service providers Oct. 19. The draft, open for public consultation until Nov. 2, proposes twenty three articles for the regulation of all companies or […]

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Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are […]

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Important Aspects of Stablecoins: The Difference Between Pegging, Collateralization, and Redeemability

We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s  stabilizing mechanism. […]

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