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London Blockchain Week • January 20-26, 2017

London Blockchain Week kicks off with a Hackathon, followed by a two-day conference on Bitcoin, Blockchain and Distributed Ledger Technology…

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Category: Business

Major European Banks Form Blockchain-based Digital Trade Chain Consortium

Category: Business, Finance, News, Tech

Major European Banks Form Blockchain-based Digital Trade Chain Consortium

Seven of Europe’s largest lenders have created a consortium to collaborate on a new blockchain-based supply chain management and trade finance platform called ‘Digital Trade Chain.’ Digital Trade Chain (DTC) is the brainchild of Belgian banking group KBC, which has been working on the proof-of-concept throughout 2016 and was awarded the EFMA Accenture Innovation Award for best new service of...

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Why the German Energy Industry Started to Love the Blockchain

Category: Business, News, Tech

Why the German Energy Industry Started to Love the Blockchain

The German energy industry has caught Blockchain fever. More than 50 percent of the companies are planning a Blockchain project. But what do the energy companies expect from the technology? How do they think it will disrupt their industry? In this article, we will take a look at the ideas that are circulating and the first projects. In most countries...

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IBM Watson and FDA to Secure Medical Data with the Blockchain

Category: Business, News, Tech

IBM Watson and FDA to Secure Medical Data with the Blockchain

IBM Watson Health is joining forces with the Food and Drug Administration (FDA) to apply blockchain technology to improve the public healthcare system. This initiative, announced January 10, is focused on creating a more efficient, secure and scalable interchange of health data by incorporating the use of blockchain technology. Both the IBM and FDA plan to explore the interchange of...

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Enterprise Ethereum: Creating A Standard For Private Blockchains

Category: Business, Commentary, Ethereum, News

Enterprise Ethereum: Creating A Standard For Private Blockchains

Jeremy Millar, Chief of Staff at ConsenSys LLC, recently introduced "the birth of Enterprise Ethereum" in a post written on the ConsenSys website. In his post, Jeremy explained that the development of blockchain technology for enterprise use has unfolded at "an almost unfathomable rate over the past 24 months." Although he does mention continued development of the "public Ethereum blockchain,"...

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Indonesia Tightens Fintech Regulations, Bitcoin Adoption On the Rise

Category: Bitcoin, Business, Commentary, News, Regulation

Indonesia Tightens Fintech Regulations, Bitcoin Adoption On the Rise

Indonesia’s Financial Services Authority called Otoritas Jasa Keuangan (OJK) passed an important regulation, requiring fintech startups to maintain at least $185,000 in capital to obtain a business license from the government’s agency. The new regulation comes amidst a wave of bitcoin adoption in the country. Basic Capital Requirement Enacted on Startups The newly passed regulation is an essential part of...

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Ripio Raises $1.9 Million for Financial Inclusion in South America

Category: Bitcoin, Business, News

Ripio Raises $1.9 Million for Financial Inclusion in South America

Buenos Aires-based Bitcoin payments service Ripio, formerly known as BitPagos, has secured $1.9 million in Series A funding. The South American startup plans to broaden its user base in its home country Argentina and neighboring Brazil, as well expand its digital payment services into Mexico. Ripio users can buy and sell Bitcoin in exchange for local currencies. They are also...

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30 BTC Reward for Arrest of KeepKey CEO Phone Hacker

Category: Bitcoin, Business, News

30 BTC Reward for Arrest of KeepKey CEO Phone Hacker

It is nothing new that bitcoin startups are attractive targets for cyber-criminals. Due to the pseudo-anonymous nature of bitcoin, it is easier to get away with the cyber theft of the digital currency than it is when stealing fiat currency as no bank accounts need to be used to transfer the illicit funds. In fact, since the birth of Bitcoin...

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Major Banks Enter Blockchain Patent War, Led by Former R3 Members

Category: Business, News, Tech

Major Banks Enter Blockchain Patent War, Led by Former R3 Members

Major multi-billion dollar banks and financial institutions have begun to compete with one another regarding patent registry. Leaders of the global financial industry including Goldman Sachs and Bank of America have assembled a series of patents necessary to commercialize the blockchain. Marc Kaufman, a fintech intellectual property specialist at global law firm Reed Smith, revealed that around 356 blockchain-related patents...

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State Street Amps up their Blockchain Technology for 2017

Category: Business, Finance, News, Tech

State Street Amps up their Blockchain Technology for 2017

Leading-edge US-based financial services holding company State Street is getting ready to implement technology that will enable them to move their internal operations and some external business transactions onto the blockchain. In October 2016, the Winklevoss brothers invited State Street to support their application to the SEC for a Bitcoin ETF. It's not surprising that the Winklevoss Brother's turned to...

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Global Blockchain Business Council Debuts at Davos 2017

Category: Business, News, Tech

Global Blockchain Business Council Debuts at Davos 2017

To establish a global voice for the blockchain industry, the Global Blockchain Business Council (GBBC) will connect business leaders together and highlight innovations stemming from distributed ledger technology. The new blockchain advocacy group is made possible by the coalition between Bitfury as well as multinational law firm Covington. Explaining the mission of the Global Blockchain Business Council, Valery Vavilov, CEO...

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