Tag: adoption

Wyre, the blockchain-based payment transfer company from San Francisco, has entered a new agreement with the developer of Dai to add the barely one-year-old stablecoin into its portfolio on August 14, 2018. Dependence on Speculative Cryptocurrencies Per the deal with MakerDAO, the firm that developed Dai, Wyre will roll out new Dai-based fiat-crypto trading pairs in more than 30 countries…

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Ripple is targeting China to advance its blockchain-based payments system according to commentary from Jeremy Light, VP of European Union strategic accounts at Ripple, confirmed with CNBC on August 15, 2018. China Is a Definite Target This move is highly unlikely to promote XRP but will undoubtedly help the exploration of the possibilities of blockchain in a giant financial country…

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Playboy Enterprises is currently suing a Canadian cryptocurrency company, Global Blockchain Technologies (GBT) on the allegation that the former fraudulently breached their contract with the adult entertainment company. On August 14, 2018, Playboy claimed that GBT failed to implement blockchain technology into Playboy’s online platform and media channels. “Compensatory and Punitive Damages” According to the LA Times, Playboy filed the…

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On August 13, 2018, HEX Innovation, a blockchain-based platform designed to help individuals manage their health information, partnered with The Korea Association of Regional Public Hospital (KARPH) and TPLUS to grow the blockchain-based medical information industry. The press release noted that the agreement is a win-win situation for all parties involved, as each entity has a vital role to play…

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The crypto exchange plus investment platform GOEX launched on December 27, 2017, and has amassed a considerable following in a less than a year. The service offers participants an instant cryptocurrency exchange service with the best dynamic rates the market has to offer. Furthermore, the crypto exchange provides an integrated investment platform, which makes it easy to understand what makes…

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According to Cryptofundresearch, cryptocurrency funds have been increasing since cryptocurrencies gained significant popularity in 2017. With Bitcoin’s rising prices and increased general awareness of the cryptocurrency industry, over 100 cryptocurrency funds emerged in 2017 alone. These cryptocurrency funds accounted for over 14 percent of the launch of new hedge funds. While this appears as a small number, it’s important to…

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Cryptocurrency is a big umbrella these days. With a whole bunch of coins, blockchains, and ICOs out there, and new ones every day, the industry contains a lot of potential and diversity. But in the beginning, when crypto first came about, it was intended to be used as a currency, as a means of exchange for goods and services. While…

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Much has been said about the massive potential of blockchain technology to revolutionize the world as we know it. Blockchain ensures a transparent, decentralized mechanism that could eliminate many of the problems being faced by corporate and government sectors. Several organizations are working to bring blockchain into daily industry operations with an aim to leverage their position in their respective…

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Opera is planning to expand its popularity among blockchain and crypto savvy users by embedding a cryptocurrency wallet into its desktop browser. With the move announced on August 8, 2018, it is expected to handle cryptocurrencies easier, as no other significant browser currently offers a similar service. If successful, Opera hopes to disrupt the browser market by removing the need…

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Ohio has become another in the list of states to develop a legislative framework which recognizes the use of blockchain technology to secure electronic records across a wide range of industries according to August 7, 2018, reports. Ohio Joins the Revolution Governor and former presidential candidate John Kasich enacted legislation allowing blockchain technology to be used for securing and transferring…

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