#Blockchain

Al Hilal Islamic Bank Completes Sukuk Transaction with Blockchain Technology

November 27, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, News, Platform, Tech

Al Hilal Bank, a progressive Islamic Bank headquartered in Abu Dhabi has announced the successful completion of an Islamic Sukuk transaction via distributed ledger technology, making it the first Islamic bank to achieve such a feat, according to a local news source, Abu Dhabi City Guide on November 26, 2018....

AMF Condemns Keplerk’s Plans to Sell Bitcoins via French Tobacco Shops

November 27, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Business, News, Platform, Tech

The nation’s financial regulators have criticized Keplerk, a France-based financial technology (fintech) company, the Autorite des Marches Financiers (AMF) for allying with tobacco retailers in the country to enable them to sell bitcoin to clients through its bitcoin vouchers beginning from January 2019, according to a Finance Magnates report on...

Top Korean Enterprises Accelerate the Blockchain of Korea

November 26, 2018 by Guest Post at Bitcoin, Blockchain, Business, News, Platform, Tech

Korea, with its 50 million population, is one of the most active markets regarding Blockchain and Cryptocurrency industry as well as investment in the world. Continuing the nationwide investment fever in cryptocurrency, top-ranked Korean enterprises from various industries intend to accelerate the Blockchain market in Korea. No.1 social network platform...

Bitcoin Loses One-Third of its Value to Reach Twelve-Month Low: BTCManager’s Week in Review Nov 26

November 26, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Tech

The price of bitcoin crashed by a staggering 33 percent in the last seven days after uncertainty sparked by the bitcoin cash “hash war” reminded markets in the prior week how volatility cryptoassets still are. Bitcoin dropped from $5,600 on Monday morning to around $3,750 by Sunday afternoon, to reach...

Study: Blockchain Technology Could Leverage the XaaS Business Model

November 26, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, News

According to a report published by Spend Matters on November 26, 2018, blockchain technology could be successfully leveraged in the emerging Xaas (Everything-as-a-Service) business models and find its use across a number of industries, including food, supply chain, and medicine, among others. Usage Beyond Cryptocurrencies The majority of the people...

Latvian Government to Tax Bitcoin Transactions

Ohio Passes Law to Facilate Payment of Tax Through Bitcoin

November 26, 2018 by Aisshwarya Tiwari at Bitcoin, Blockchain, Finance, News, Platform, Tech

While the crypto market continues to see an abundance of red on the charts, it received a massive nod of approval on November 25, 2018. The Wall Street Journal reports the U.S. state of Ohio is set to become the first in the country to allow payment of taxes through...

Overstock Founder Looks to Blockchain Technology As the Company’s Future

November 26, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Development, Finance, Investment, News, Tech

Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while tZero is currently costing the company millions of dollars every...

InVault Launches Cryptocurrency Custodian Service in Hong Kong as New Regulations Emerge

November 26, 2018 by Cindy Huynh at Bitcoin, Blockchain, News, Platform, Regulation, Tech

Invault, a Shanghai-based cryptocurrency custodian service, recently launched after Hong Kong imposed new regulations on cryptocurrency exchange platforms and fund managers, requiring them to protect and safeguard their clients’ virtual assets, according to South China Morning Post’s on November 25, 2018. InVault has taken advantage of Hong Kong's new regulatory requirements and...

Singapore’s State Investment Firm Setting up New Groups to Explore AI and Blockchain Deals

November 25, 2018 by Priyeshu Garg at Blockchain, Finance, News, Tech

Temasek Holdings Pte, Singapore's state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies, Bloomberg reported on November 22, 2018. Temasek Seeking Shifting Its Focus to AI and Blockchain Singapore's state investment firm became the latest major institution in line to jump onto...

Gibraltar Blockchain Exchange (GBX) Secures DLT Provider License

November 25, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Finance, News, Tech

Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange Group (GSX Group) that claims to be aiming to be a world-leading institutional-grade token sale platform and cryptoassets exchange, has announced it has successfully obtained the Gibraltar distributed ledger technology (DLT) provider license from the nation’s Financial Services Commission...

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