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Cryptocurrency Exchange Kraken Lists Cosmos’ ATOM Digital Token

April 23, 2019 by Aisshwarya Tiwari at Adoption, Altcoins, Blockchain, Exchange, News

Cryptocurrency exchange Kraken on April 21, 2019, announced that it has listed Cosmos (ATOM), a proof-of-stake digital currency that utilizes the Tendermint consensus protocol. Kraken’s users will now be able to buy, sell, and store ATOM digital tokens. Kraken Lists ATOM After following Binance and other exchanges in delisting the...

Man Raking Oil Field with Blockchain Rope

Nigeria: Entrepreneur Uses Blockchain and Biotech to Tackle Oil Spill Menace

April 23, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Business, News

Chinyere Nnadi, a Nigerian entrepreneur based in the United States, is spearheading a drive that seeks to solve Nigeria’s oil spill menace. According to an article published by The Hindu on April 22, 2019, Nnadi is using the dual power of biotech and blockhchain technology to aid the noble cause....

JPMorgan's Automotive Subsidiary Taps Blockchain Technology for Vehicle Tracking

JPMorgan Wants to Utilize Blockchain Technology to Revitalize Banking Payments System

April 22, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Finance, News

According to a report published by PYMNTS on April 22, 2019, JPMorgan Chase is mulling utilizing blockchain technology to bolster the banking industry’s payment system. The multi-national company is also considering getting onboard a number of fintech companies to develop the desired platform. Blockchain to Help in Revamping Banking Payment...

Crypto Club Shop Blue China Red Remninbi

Blockchain Expert Says China’s National Currency Could Become a Cryptocurrency

April 22, 2019 by Aisshwarya Tiwari at Adoption, Altcoins, Blockchain, Finance, News

In an interview with Bloomberg on April 17, 2019, Donald Tapscott, executive chairman of the Blockchain Research Institute, said that China’s official currency, the renminbi (RMB) will soon become a cryptocurrency. Will China Digitize its National Currency? Blockchain Expert Says Yes Cryptocurrencies and China have had anything but a stable...

2020 Elections: West Virginians to Use Blockchain-based Voting Application

April 20, 2019 by Eddie Mitchell at Adoption, Blockchain, Tech

Expanding on the blockchain-voting pilot that allowed overseas military operatives and families to vote during the November 2018 mid-term elections, the mobile voting app will now be used during the 2020 presidential elections, which is a concern to some security experts according to MIT Technology Review, April 18, 2019. Blockchain...

Financial Giants still Investing in Blockchain despite Bear Markets

April 19, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Investment, News

Venture Capitals, technology firms and financial institutions are actively investing in blockchain technology startups building infrastructure for the cryptocurrency industry, though they are still wary of bitcoin and altcoins due to their volatile nature, according to a Reuters report on April 18, 2019. $850 Million Poured Indirectly into the Cryptospace...

Crypto Startup Indian Central Bank Fintech Sandbox Spade Sand Blue Green

India: RBI Omits Cryptocurrency-Based Projects from Fintech Regulatory Sandbox

April 19, 2019 by Aisshwarya Tiwari at Blockchain, Finance, News, Regulation

The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. Blockchain is Cool; Crypto, Not So...

Man Flying away Holding onto Bushel of BInance Chain Blocks

Binance Chain Goes Live; Exchange Gives Details on BNB Token Swap

April 19, 2019 by Aisshwarya Tiwari at Altcoins, Blockchain, Ethereum, Exchange, News

According to a Bloomberg report published April 18, 2019, Binance, the world’s largest cryptocurrency exchange by reported volume, has launched its own blockchain called Binance Chain to encourage crypto startups to issue their tokens directly on the trading platform. Taking the Ethereum Bull by the Horns Binance is unarguably one...

Accenture and GEB Partner to Use DLT For Employee Benefits Sector

April 18, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News

A Forbes report published April 16, 2019, states that multinational management consulting giant Accenture has partnered with Generali Employee Benefits (GEB) to develop a robust blockchain solution for employee benefits sector. Blockchain to Streamline Employee Benefits IT firm Accenture has historically been one of the biggest believers of blockchain technology....

U.S. Federal Court Defines Cryptocurrencies as Commodities

All you Need to Know about the Token Taxonomy Act

April 18, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Commentary, Cryptocyclopedia, News, Regulation

The tax treatment of cryptocurrencies has been a matter of constant back and forth since their inception. On one end, regulators argue that digital currencies are no different than traditional equity stocks which put them in the same bag as government-approved securities. Conversely, crypto evangelists and lobbyists opine that cryptocurrencies...

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