#business

Australia Leads the Way with International Blockchain Standards

March 9, 2017 by Farzana Begum at Blockchain, Business, News, Tech

A report outlining the 'Roadmap for Blockchain Standards,' has been published by Standards Australia in March, to support the development blockchain and distributed ledger technology (DLT) and to clarify international standards. Australia’s non-governmental body is in charge of managing the Secretariat of an international technical committee for the development of...

Syscoin Adds New Services to Microsoft Azure BaaS Platform

March 8, 2017 by Evan Sixtin at Altcoins, Business, News, Tech

Syscoin have announced that they have completed all of the prerequisite steps for their first official Microsoft Azure BaaS (Blockchain-as-a-Service) Marketplace product certification and have pushed their offering to Microsoft’s staging environment for approval. Syscoin had a bumpy start, launching as a scrypt-based, merge-mineable coin with certificate issuance, distributed marketplace,...

The Blockchain is Bound to Transform the Construction Industry

March 8, 2017 by Nuno Menezes at Blockchain, Business, Commentary, News

Blockchain technology has already proven to be a powerful tool to develop useful applications for almost any industry. It is a highly versatile technology that allows a new problem-solving approach, pushing forward the disruption and transformation of many of the traditional business management and organizational models used throughout history. From...

IBM and Maersk are Developing Supply Chain Solution on the Blockchain

March 6, 2017 by Alex Lielacher at Blockchain, Business, News, Tech

On March 5, transport and logistics conglomerate Maersk and technology company IBM announced that they are collaborating to use blockchain technology to develop a new supply chain solution. The new supply chain management system will be able to track and manage the paper trail of millions of shipping containers around...

Thai Stock Exchange Launches Blockchain-Based Startup Marketplace

March 6, 2017 by Alex Lielacher at Blockchain, Business, Finance, News

The Stock Exchange of Thailand (SET) is set to launch a new blockchain-based marketplace for startups in the third quarter of 2017. This move comes as a response to Deputy Prime Minister Somkid Jatusripitak who in September 2016 strongly suggested that the SET should create ways to help startups mobilize...

VC Fund Blockchain Capital to Issue Digital Token

March 3, 2017 by Alex Lielacher at Business, Finance, News

Blockchain Capital, which focuses on investing in bitcoin and blockchain startups, announced late February its intentions to raise $50 million for a new fund partly through the issuance of a proprietary digital token. The San-Francisco-based firm’s Managing Partner, Brock Pierce, said in an interview that an Initial Coin Offering (ICO)...

Putting the ฿ Into The D: Las Vegas Style

March 2, 2017 by Michael Scott at Bitcoin, Business, Entertainment, Interviews, News

In a city long known for it’s infamous Strip, downtown Las Vegas’ Fremont Street has emerged as a vibrant corridor of urban activity. Nestled along this stretch are two gaming properties, The D Las Vegas Casino Hotel and its sister site the Golden Gate Hotel & Casino which in 2014...

IBM discloses more details about Blockchain Project Fabric: “In 2017, You may see Major Blockchain Networks Spark.”

March 2, 2017 by Christoph Bergmann at Business, News, Tech

IT giant IBM goes all in on the blockchain, where the blockchain branch of the company frequently populates the news pages of the Web. Beside further details about the home-made blockchain solution Fabric, the company announced several new cooperatives and projects. Slowly IBM shows its cards and discloses details about...

DTCC Successfully Completes Repos Use Case Leveraging the Blockchain

March 1, 2017 by Alex Lielacher at Finance, News, Tech

The Depository Trust & Clearing Corporation (DTCC), the largest clearer of financial securities in the US, announced that it has completed a test of a blockchain-based system to better manage the process for repurchase agreements for U.S. government securities and will decide by June whether it will begin development of...

R3 Member Bank BNY Mellon to Form Blockchain Development Team

March 1, 2017 by Joseph Young at Finance, News, Tech

R3CEV, more commonly known as the R3 Consortium, member BNY Mellon is recruiting blockchain experts and developers to establish its own technology and blockchain team. The multi-billion dollar bank’s decision to form an in-house development group coincides with the R3CEV’s exit from the blockchain industry. On February 24, R3CEV officially...

Indian Bitcoin Startups Set Up Cryptocurrency Self-Regulatory Body

February 27, 2017 by Alex Lielacher at Altcoins, Bitcoin, News, Regulation

Indian Bitcoin startups Zebpay, Unocoin, Coinsecure and Searchtrade, launched a self-regulatory body on February 24. The body, named Digital Asset and Blockchain Foundation of India (DABFI), is charged with laying down rules and regulations that will govern the cryptocurrency market in India. Regulations for the bitcoin industry are to be...

IBM and Northern Trust Partner to Build Financial Security Blockchain

February 23, 2017 by Nuno Menezes at Business, Finance, News, Tech

On February 22, IBM announced it was signing a partnership with Northern Trust to start the research and development of a blockchain-based technology tool that will improve the management of private equity funds and services. Even though the private equity market is quite attractive to investors and businesses, it has...

Data Protection Company Acronis is Using the Blockchain to Backup Data

February 22, 2017 by Alex Lielacher at Business, Ethereum, News, Tech

Acronis hopes to achieve a blockchain-based system to backup data, in effect instilling trust and vastly improving security in products with their solution, known as Notary, which could be augmented for a variety of use cases. The blockchain’s broad range of applications in both commercial and non-commercial industries has become...

Global Lending Platform BitBond gets $1.2 Million Investment

February 22, 2017 by Christoph Bergmann at Bitcoin, Business, Finance, News

Everybody around the globe can lend money to anybody else; this is the idea and vision of BitBond, “the first global marketplace lending platform for small business loans.” The Berlin Bitcoin startup attracted interested Investors again, this time from Germany and Turkey. An investment of $1.2 million seems small if...

Hedge Funds Are Buying Account Holders’ Claims to Speculate on Mt.Gox Payout

February 16, 2017 by Alex Lielacher at Bitcoin, Business, Finance, News

In February 2014, the once biggest bitcoin exchange in the world, Mt. Gox, declared bankruptcy after over $460 million worth of bitcoin were allegedly stolen by hackers. Following the bankruptcy declaration, a class action lawsuits against the exchange was filed by former users who had lost bitcoin because of the...

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