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Banking on Blockchain: Marsh to Introduce a DLT-Based Offering to Update Identity Verification

November 3, 2018 by Aisshwarya Tiwari at Blockchain, Business, Development, News, Platform

The New-York headquartered insurance firm Marsh has allied with Evident, a data-security company, in a bid to provide a blockchain-based application for clients in the sharing and gig economies, per a November 1, 2018, report by Digital Insurance. Simplification of Onboarding Process for Gig Economy Workers The distributed ledger technology...

Vitalik Buterin Predicts Scaling Upgrade to Improve Ethereum Network Speed by 1,000 Times

November 2, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Development, Ethereum, News

Ethereum co-founder Vitalik Buterin announced that the blockchain platform’s next upgrade would improve its transaction capacity by a factor of one thousand. Speaking at the Devcon4 keynote in Prague, Czech Republic, Buterin reminded the audience that this long-awaited “Ethereum 2.0” update would henceforth be called “Serenity” instead. The update is...

HSBC, HKMA, and Ten Other Banks Join Forces to Launch Blockchain-Based Trade Finance Platform

November 2, 2018 by Priyeshu Garg at Blockchain, Exchange, Finance, News, Platform, Tech

HSBC, in partnership with Standard Chartered and ten other banks, rolled out a new blockchain-powered trade finance program called eTrade Connect on October 31, 2018. The new platform aims at removing unwarranted delays hampering the efficiency of international trade. Blockchain for Automating Trade Finance Process eTrade Connect builds on the...

Aragon Project Releases Aragon 0.6, Goes Live on Mainnet

November 2, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Development, News

Aragon, the open source project led by the Aragon Foundation, has just gone live on its mainnet with its 0.6 updates, and is currently running on aragonOS version 4, the company announced in a blog post on October 30, 2018. Aragon 0.6 Is Live on Mainnet Just seven months after...

What Increased Mesh Connectivity May Mean For Crypto

November 2, 2018 by Alex Lielacher at Blockchain, Finance, News, Platform, Tech

In August 2017, a mesh enthusiast documented and published his creation of a device he called the Deploy Anywhere, Self Sustaining Repeater System. The DASSRS was built by George Alex Ure and is lovingly referred to as the “Mother of All Nodes” (MOAN) by its creator. The MOAN is a...

Crypto Marketplace Paxful Demand for Cryptocurrency Reveals Growing on the African Continent

November 2, 2018 by Pratik Makadiya at Adoption, Bitcoin, Blockchain, Exchange, News

Cryptocurrency trading has widely been spread across the world, with significant concentrations collecting in Asia during recent years. On October 31, 2018, the peer-to-peer Bitcoin marketplace Paxful claims that the number of transactions from African consumers has soared significantly in recent times, mostly fueled by African millennials’ interest in the...

Hong Kong Exchanges and Clearing Adopts Blockchain Technology

November 2, 2018 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News

Hong Kong Exchanges and Clearing (HKEX), China's publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported...

Cryptocurrency Bridges Investment Gap for Millennials

Millennials Have Healthy Appetite for Crypto Recent Report States

November 1, 2018 by Nigel Dollentas at Adoption, Altcoins, Blockchain, Finance, News

A new report called “Millennials With Money” published in October 2018, by Edelman discussed some of the tendencies of the generation which included, among other things, there relatively open stance on cryptocurrencies and blockchain technology. Millennials and their Role in the Crypto Economy Millennials are the largest generation in the...

Rural Banks in the Philippines use ConsenSys Ethereum Blockchain System to Facilitate Real-time Transactions

ConsenSys Engineering Team Releases Open Source Ethereum Client Pantheon

November 1, 2018 by Priyeshu Garg at Blockchain, Business, Development, Ethereum, News

PegaSys, the protocol engineering team at ConsenSys has released Pantheon, an open source Ethereum client developed under the Apache 2.0 license and written in Java, which will be the center of the company’s future enterprise tools, the company announced in a Medium post on October 30, 2018. Pantheon Core Client...

Coinbase Could Bring in Close to $1.3 Billion in Revenue in 2018

Coinbase Could Bring in Close to $1.3 Billion Revenue in 2018

November 1, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Exchange, Finance, Investment, News, Platform

Coinbase Inc., one of the biggest cryptocurrency exchange platform in the U.S., is reportedly projecting revenue for the year of nearly $1.3 billion, according to a Bloomberg report from October 30, 2018. Billion Dollar Revenue Despite Crypto’s Massive Slump Although the cumulative value of all major cryptocurrencies has tumbled by...

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