#Blockchain

Air France-KLM Partners Winding Tree on Blockchain-Based Aviation Supply Chain Project

October 5, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Finance, News

Air France-KLM, one of the world’s largest airlines, announced on October 4, 2018, its aim of cutting costs for passengers by removing intermediaries from its supply chain processes, was fulfilled after a partnership was signed with blockchain-based travel booking specialist Winding Tree. Cutting Costs and Growing Profits In the highly competitive...

ICOs Raise over $18 Billion Due to Wealthy Investors' New Interest

VC Investors Broaden Blockchain Investment Scope

October 5, 2018 by Priyeshu Garg at Blockchain, Business, Finance, News, Tech

As the ICO space continues to generate headlines, driven chiefly by the ICO boom of 2017 and the early part of 2018, traditional VC firms are making their presence felt in blockchain investment, which may come as a surprise to market observers. New data from Diar published on October 1,...

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Brazil: Antitrust Watchdog Sends Questions to Crypto Exchanges After Bank Account Closures

October 5, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Business, News, Platform, Tech

The anti-trust regulator in Brazil has asked crypto exchanges a list of questions about their bank accounts, which were abruptly closed in the past few months. The story has also been covered by local news publications, including financial newspaper Valor Econômico on October 19, 2018, Ten Brazilian cryptocurrency exchanges and one...

Passware Helps Users Recover Their Lost Bitcoin Wallet Password

October 5, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Finance, News, Platform, Tech

In the past, a misplaced or lost password to a Bitcoin wallet would result in the loss of Bitcoin holdings. According to a Business Insider article published on October 3, 2018, Passware, a leading provider of password recovery, decryption, and computer forensic software, has, however, become the first company to...

Bank of Korea to Establish Digital Asset Task Force

South Korean Lawmakers Propose the Legalization of ICOs

October 5, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Finance, Investment, News, Regulation

South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may...

Israeli Authorities Adopts Distributed Ledger Technology (DLT) for Cybersecurity

October 5, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News, Regulation

In a bid to ensure secure information transmission, verify the authenticity of messages, and prevent fraud in the capital market, the Israel Securities Authority (ISA) has integrated blockchain technology into its systems, reported The Times of Israel on October 3, 2018. ISA Joins the DLT Bandwagon Per sources close to...

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

October 5, 2018 by Cindy Huynh at Blockchain, Commentary, Finance, News, Tech

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the...

Boston Federal Executive Speaks on Limitations of Cryptocurrency and Blockchain

October 4, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Commentary, Finance, News, Regulation

Jim Cunha, the Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke about cryptocurrency and blockchain at the Forbes‘ 30 Under 30 summit in the Massachusetts capital. The summit at Boston's City Hall Plaza began October 1, 2018, with him describing the limitations...

Banco Santander Reveals Expansion Plan for Foreign Exchange Service One Pay FX

October 4, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Blockchain, Business, Finance, News

Banco Santander announced the launch of its new international payments service using blockchain-based technology on April 4, 2018. Known as “Santander One Pay FX,” it is the first Ripple-enabled mobile app for conducting payments across borders. It leverages xCurrent, the recently launched Ripple payment solution. Santander’s One Pay FX app...

Coinbase Implements "Child Pays for Parent" Protocol to Mitigate Bitcoin Fee Volatility

Coinbase Implements “Child Pays for Parent” Protocol to Mitigate Bitcoin Fees

October 4, 2018 by Nigel Dollentas at Bitcoin, Blockchain, News

In a Medium post published October 2, 2018, Coinbase explained why their engineering team is taking another look at the established Child Pays for Parent technique to make sending and receiving bitcoin a more consistent experience. Bitcoin Fees Are a Double-Edged Sword While Bitcoin transaction fees are significantly lower than...

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