#blockchain adoption News

South Korean Cryptocurrency going to war swords blockchain

South Korean Blockchain Industry in Danger of Decline

September 2, 2019 by Osato Avan-Nomayo at Regulation

The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital...

PNC Completes First Cross-Border Payment via RippleNet

August 30, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain

PNC Financial Services Group, Inc, a Pittsburgh, Pennsylvania-based bank holding corporation has successfully processed its first cross-border payments for clients’ using Ripple’s blockchain solution, RippleNet, according to a Fintech Futures report on August 29, 2019. PNC Joins DLT Bandwagon Per sources close to the development, PNC Treasury Management has become...

Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force

July 25, 2019 by Osato Avan-Nomayo at Regulation

A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook...

A blockchain official standing infront of a crowd, red curtain behind it

World Economic Forum Report Evaluates the Value of Blockchain

July 17, 2019 by Edoardo Vecchio at Blockchain

The World Economic Forum's (WEF's) latest report, published July 16, 2019, aims to provide businesses, governments, and other organizations with a blockchain value framework to help them build out a business case for blockchain investment, and evaluate whether it is worth it or not. The Report In collaboration with the...

Figure Tech Debuts $1 Billion Blockchain Loan Facility in Partnership with Jefferies and WSFS Banking Services

May 10, 2019 by Anthonia Isichei at Adoption, Blockchain, Business, News

According to a press release issued May 9, 2019, Figure Technologies in conjunction with Jefferies and WSFS Banking Services recently completed a $1 billion asset-based loan facility on the Provenance blockchain. The partnership will see Figure’s Provenance blockchain handling the full spectrum of loan financing for dealers, funds, banks to...

Blockchain Flying through Piles of Money

Moody’s Report: Blockchain Disruption of Finance Markets Poses Systemic Risk

April 30, 2019 by Anthonia Isichei at Adoption, Blockchain, Finance, News

Mainstream financial institutions are increasingly adopting blockchain technology within their organization, according to a recent report from Moody’s. The Credit Ratings Agency, however, believes that the onboarding of decentralized technology protocols by these institutions could have profound ramifications for the global finance industry. Blockchain Can Disrupt the Global Financial Process...

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....

Dave Hodgson NEM Ventures White Blue Yellow

Dave Hodgson of NEM Ventures interview

April 16, 2019 by Tokoni Uti at Adoption, Altcoins, Bitcoin, Blockchain, Business, Interviews, News

Just as bitcoin seems to be approaching the next bull run, we speak to Dave Hodgson, the Director and Co-Founder of NEM Ventures about their upcoming projects, what this bull run could mean and ICOs. BTCManager About two years ago, ICOs seemed to be the most popular option for a...

Bitcoin Adoption: Stack Overflow Research Shows Only Two Percent of Organizations Accept Cryptocurrency Payments

April 13, 2019 by Osato Avan-Nomayo at Adoption, Altcoins, Bitcoin, Blockchain, Tech

Bitcoin adoption among organizations remains low, according to the details contained in the recently published Stack Overflow annual developer survey, which includes findings that show a better performance for blockchain technology. Meanwhile, a Twitter poll by the International Monetary Fund (IMF) points towards greater bitcoin adoption within the next five...

India’s IT Hub Bangalore to Launch Blockchain Pilot for Waste Management

April 8, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, News

The Municipal Corporation of Bangalore, Bruhat Bengaluru Mahanagara Paike (BBMP), the agency in charge of social amenities and public infrastructure in the Greater Bangalore metropolitan area of India, has announced plans to launch a distributed ledger technology (DLT) pilot that will address some of the waste management challenges in the...

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