Commentary 48 | BTCMANAGER

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Hyundai Merchant Marine and Samsung SDS Announce Success of Blockchain-Based Pilot Program

January 15, 2018 by Rahul Nambiampurath at Blockchain, Business, Commentary, News, Tech

Hyundai Merchant Marine, one of the largest shipping exporters in the Asian Pacific, has reportedly completed a successful test run of its blockchain-based pilot program. Making Waves with Blockchain The news came through a press statement released on December 21, 2017, by Samsung SDS, the company that helped implement the...

Pineapple Fund Promises $4 Million To Study Aimed At Finding Health Benefits Of MDMA

January 15, 2018 by Priyeshu Garg at Bitcoin, Commentary, Finance, News

The still-young but famed Pineapple Fund has once again come into the limelight after promising a new round of funding for the US-based Multidisciplinary Association for Psychedelic Studies (MAPS). The money raised via this new initiative will go to a research project analyzing the health benefits of MDMA. Medical Progress...

Digital Identity, Africa, and Blockchain Trends 2018

January 14, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News, Tech

The British Broadcasting Corporation (BBC) has said that WISeKeY is among the five African trends expected to achieve great feats in the tech ecosystem this year. The company's Digital Identity Blockchain is currently doing excellent work with the United Nations in the actualization of the 2030 goal to provide everyone...

Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform

January 14, 2018 by Andrew Weilbacher at Blockchain, Business, Commentary, News, Tech

Chinese internet behemoth Baidu has recently launched its blockchain-as-a-service (BaaS) product, calling it the "most easy to understand" blockchain service in the business. History of Innovation: China and Blockchain As per Baidu, this platform was based on the organization's internal developments, and it can make and follow exchanges identified with...

Humanitarian Aid on the Blockchain

January 14, 2018 by Andrew Weilbacher at Blockchain, Commentary, Finance, News, Tech

While Bitcoin is the most popular application of the blockchain, the potential for the technology is far more extensive. Philanthropies, non-profit associations, social ventures, and government offices are starting to investigate how they could utilize the innovation to propel endeavors going from reestablishing land records to helping individuals who need...

SEC Slams The Brakes On Bitcoin ETF Products And Crypto Mutual Funds

January 14, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

In a move that is sure to raise many eyebrows in the investor's community, the United States Securities and Exchange Commission (SEC) has requested several exchange-traded fund (ETF) providers to put their plans to create bitcoin ETF products on halt. What Prompted the SEC Move? Not only that, but the...

IBM, Comcast Corp. and MState Set to Boost Blockchain-Based Startups

January 13, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Commentary, News, Tech

By funding several Blockchain startups in 2018, International Business Machines Corp.(IBM), Comcast, and MState are teaming up to enable fintech startups in the coming year. The Big Blue, Comcast Blockchain Startups Acceleration IBM, Comcast, and MState are looking to give financial assistance to Blockchain startups from around the world over...

Charlie Lee Suggests New Fee Estimation Method Image

Charlie Lee Suggests a New Fee Estimation Method

January 13, 2018 by Nigel Dollentas at Altcoins, Commentary, Mining, News, Tech

While Bitcoin fees have come down slightly and confirmation times returned to normal speeds, Litecoin has been increasing in volume due to the faster confirmation times and lower costs. The speedy cryptocurrency looks to improve on this core function by improving the estimation of transaction fees that should be used....

JPMorgan CEO: Bitcoin Not a Fraud

January 12, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, News

The CEO of the financial services company JP Morgan Chase “regrets” statements he made in September of 2017 when he publicly denounced bitcoin as being fraud. His accusations included claiming that the craze was worse than the much-referenced tulip bulb frenzy, and threatening to fire anyone “stupid enough to trade...

Cardano Surpasses SpaceX’s Market Cap to the Confusion of Cryptocurrency Veterans

January 11, 2018 by Rahul Nambiampurath at Altcoins, Commentary, News

A Reddit thread posted on January 4, 2018, began gaining traction after it highlighted that Cardano, a relatively new cryptocurrency with little to no utility, is now worth more than SpaceX. Elon Musk's company, the same individual behind the famous automaker Tesla Motors, is currently valued at around $21-22 billion...

Ethereum Co-founder Vitalik Buterin Coins New Term “DAICO” as ICO Improvement

January 11, 2018 by Priyeshu Garg at Commentary, Ethereum, News, Tech

The creator of the Ethereum network has been rethinking the concept of the traditional ICO and merged it with DAO to create a new and far superior model for decentralized fundraising. Minimizing Complexity and Risk The Canadian-Russian programmer added a post to the Ethereum Research Forum outlining his idea, and...

Bitcoin: 2017 Was Great, and 2018 Could Be Greater If…

January 11, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Commentary, Finance, News, Regulation

The flagship cryptocurrency’s price hit $1,000 for the first time in 2017 and rallied to a high of $20,000, gaining the attention of institutional investors like the CBOE and CME Group on the way to the moon. Bitcoin analysts and enthusiasts have predicted an excellent 2018 for Bitcoin, but there...

Elering and Wepower Partnership Offers Blockchain-Based Energy Trading Solution

January 10, 2018 by Tabassum Naiz at Blockchain, Business, Commentary, Ethereum, News, Tech

WePower signed a Memorandum of Understanding (MoU) with Elering AS in October 2017 which would set the table for a blockchain-based energy trading solution in Estonia. The pilot looks to tokenize energy exchanges between the two companies while also opening a communication channel for further developments. National Experience Meets 21st...

Vancouver on the Verge of Becoming a Cryptocurrency Heavyweight

January 10, 2018 by Ogwu Osaemezu Emmanuel at Business, Commentary, News, Regulation

While cryptocurrencies and initial coin offerings are facing strict regulations in countries like China, South Korea, and others, Canada is creating an environment for fintech startups to flourish. A Crypto Friendly City In 2017, several successful ICO projects were held in the Canadian city of Vancouver. Vanbex Group, creators of...

Bitcoin Has Never Been Cryptocurrency’s Headline Act

January 9, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Finance, News, Tech

According to high-profile finance expert, businessman, and investor Glenn Hutchins, Bitcoin has never been the standout factor in the decade-young industry. Betamax and VHS, Cash and Bitcoin In a recent interview with the Financial Times, Glenn Hutchins made a number of statements which sparked a paradigm shift for many investors....

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