About Author:
Aisshwarya Tiwari
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
In yet another major endorsement to the myriad benefits of blockchain technology, Italian luxury sports car and SUV brand Lamborghini has announced the launch of blockchain-based collectible digital stamps to give uniqueness to each of its units. The automobiles manufacturer made the announcement on May 14, 2020. Lamborghini Joins the...
High-throughput blockchain network Ontology has inked a partnership with German digital identity specializing firm Sphericity. Per the terms of the alliance, Ontology will integrate into Spherity’s cloud-edge identity wallet to tap onto the latter’s digital identity solutions across public and permissioned blockchains. This, according to a report by AiThority, May...
Central bank digital currencies (CBDC) have been the talk of the town ever since the idea of a government-controlled blockchain came into prominence. The democratic ideas that blockchain technology is supposed to be a reminder for now run the risk of being compromised due to its rising popularity among government...
Facebook’s digital currency project Libra added three major venture funds to its existing investors on May 14; Slow Ventures, Paradigm, and Temasek Investments. On the same day, U.S. custodian firm BitGo partnered with India’s CoinDCX to provide its users with insurance and storage solutions. Singapore’s Wealth Fund looks to Crypto...
International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions. Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies. The...
Accounting giant Grant Thornton has released a blockchain-powered platform called inter.x for managing intercompany transactions. This, according to a report by accounting TODAY, May 14, 2020. Blockchain Tool to Manage Intercompany Transactions In a bid to leverage the benefits of distributed ledger technology (DLT) for the benefit of corporate transactions,...
Popular U.S. exchange Coinbase revealed earlier this week its users tend to shift to altcoins after Bitcoin enters a “bull market.” Investors presumably after “feeling good” about rising prices and their apparent ability to predict trends. Seeking Profits in Casino-like Markets As published on a blog post on May 13,...
Betting pools and houses have long been both a point of attraction to many people and a principal foe to a nearly equal number of legislators. For instance, here are some of the best crypto betting sites today that are enjoying increasing popularity among users. On the one hand, it...
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. China’s Blockchain Push Reported by local publication Sina News on May 13, the committee was headed by the bank’s...
The launch of the long-awaited ETH 2.0 update, which sees Ethereum shift from a PoW to a PoS consensus algorithm, is getting delayed because of following a multi-client approach, opines Danny Ryan. “Multi-Client” Approach Slowing Down ETH2.0 Speaking at the ongoing Consensus: Distributed 2020 conference on May 13, Ryan notes...
