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Blockchain Applied  •  
February 19-20, 2019

# BIS News

January 23, 2019 by at Bitcoin, Blockchain, News, Tech
The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019. There has always been speculation about the future...
An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency "a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018....
The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. China’s central bank has reportedly reiterated...
A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value. Unlikely to Witness...
BIS Research, global B2B market intelligence and advisory firm published a report on August 21, 2018, which estimates that the global automotive blockchain market size will reach figures around $1.6 billion by 2026. The report attributes the growing popularity of blockchain technology to its immense potential benefits, including immutability, reliability...
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