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State of Digital Money • July 22, 2017

The State of Digital Money, hosted by Cureativ, is Los Angeles’ premier professional event and conference focused on the conversation of the…

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About author: Evan Sixtin

Filecoin ICO Will Only Accept Accredited Investors

Category: Altcoins, Commentary, Finance, News

Filecoin ICO Will Only Accept Accredited Investors

Filecoin, the long-awaited token for the IPFS (InterPlanetary File System) platform recently announced that its ICO will not be open to anyone, only accredited investors will be able to participate. Specifically, this means that only those with an income of at least $200,000 a year or with assets worth $1 million will be able to take part in this ICO....

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A Desperate Call For AI and Blockchain in Criminal Justice Throughout The World

Category: Blockchain, News, Tech

A Desperate Call For AI and Blockchain in Criminal Justice Throughout The World

The blockchain is being adopted in so many industries and by several government services all around the world. Zug, Switzerland is using it for citizen identification, Maersk and Walmart are using it for supply chain tracking, and TUI Tourism Group wants to use it for hotel and tour bookings. Furthermore, governments in countries like Brazil, Sweden, and Georgia are using distributed...

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TUI Tourism Group Will Adopt Ethereum Blockchain Technology

Category: Blockchain, Business, Ethereum, News

TUI Tourism Group Will Adopt Ethereum Blockchain Technology

TUI Group, a German multinational travel agency, and the largest leisure, travel and tourism company in the world, is adopting blockchain technology into its booking, reservation, and payment systems. In the past, TUI lost ground to competitors by not adapting quickly enough to the internet. Because of this, lucrative business was forfeited to companies like Expedia, Trivago, and Booking.com. In...

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SinglePoint To Develop A Safe Bitcoin Payment Solution For The Cannabis Industry

Category: Bitcoin, Business, News

SinglePoint To Develop A Safe Bitcoin Payment Solution For The Cannabis Industry

SinglePoint and First Bitcoin Capital (FBC) signed a Joint Venture agreement to develop and distribute a proprietary payments solution which will allow large-scale, risk-free use of credit and debit cards within the Cannabis industry. Although the buying and selling of cannabis for medical and recreational use have been legalized by State governments in several US states, payments are mostly still...

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Coinbase Experienced Degraded Performance Amidst Bitcoin Surge

Category: Altcoins, Bitcoin, Business, News

Coinbase Experienced Degraded Performance Amidst Bitcoin Surge

On May 22, Coinbase.com, the largest centralized online bitcoin exchange, operating in 32 countries, experienced a partial outage resulting in degraded performance, deposit/withdrawal delays, and some customers were unable to log in to their accounts. Bitcoin crossed the $2000 mark on May 20, 2017, and continued to climb to a new all-time high of $2,760 on May 25. The price...

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South Korean Researchers Predict Bitcoin Price Using Forum Data

Category: Bitcoin, Commentary, Finance, News

South Korean Researchers Predict Bitcoin Price Using Forum Data

An open access, peer-reviewed research paper published on May 12, 2017, by researchers from Korea University and Kangnam University in South Korea has explained a method for predicting the fluctuation in the bitcoin price and transactions based on user opinions posted on online forums. The paper, entitled "When Bitcoin encounters information in an online forum: Using text mining to analyze...

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Coins.ph, Southeast Asia’s Leading Blockchain Financial Services Platform, Gets $5 Million from Naspers

Category: Bitcoin, Business, Finance, News

Coins.ph, Southeast Asia’s Leading Blockchain Financial Services Platform, Gets $5 Million from Naspers

C‌oins.ph, a mobile bitcoin-based financial services platform operating in the Philippines and Thailand, has raised $5 million in a Series A extension led by Naspers Ventures, a division of Naspers Group, one of the largest technology investors in the world. Naspers is a global internet and entertainment group based in South Africa and operating in more than 130 countries. It...

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Countr POS To Add Bitcoin Payments For More Than 3,000 Merchants

Category: Bitcoin, Business, Finance, News

Countr POS To Add Bitcoin Payments For More Than 3,000 Merchants

Countr POS, a Dutch company based in Amsterdam providing point of sale software for more than 3,000 merchants in Europe, has announced a strategic partnership with Coinify, a blockchain payment service provider (bPSP), to allow customer payments in 14 cryptocurrencies including bitcoin, ether, litecoin, dogecoin, and others. In addition to allowing Countr POS to offer a wider variety of alternative...

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Tim Draper To Invest in Tezos' Blockchain Governance Platform

Category: Altcoins, Blockchain, Commentary, Finance, News

Tim Draper To Invest in Tezos' Blockchain Governance Platform

Tim Draper has announced that he will participate in the Tezos ICO. Draper is the third generation in a line of Silicon Valley venture capitalists. He is a founding partner of Draper Associates and Draper Fisher Jurvetson (DFJ). His father was an early investor in Skype and owned 10 percent of the company when it was sold to eBay for...

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South Korea's Hurdles In The Race Toward Blockchain Innovation

Category: Business, News, Regulation, Tech

South Korea's Hurdles In The Race Toward Blockchain Innovation

FinTech progress has come to a halt in South Korea as regulators carefully try to piece together new technology with existing privacy laws. In October 2016, Financial Services Commission (FSC) Chairman Yim Jong-Yong revealed South Korea's plans for the acceptance and regulation of bitcoin. He announced in a public speech, "The government will push for the systemization of digital currency...

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