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BitBrum • November 19, 2017

  Cryptobates Group and Inspiring Co. are delighted to announce Birmingham’s inaugural BitBrum cryptocurrency and blockchain conference to be held…

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Tag: diamonds

Bits for Diamonds: Bucking the Merchant Acceptance Trend

Category: Bitcoin, Business, News

Bits for Diamonds: Bucking the Merchant Acceptance Trend

According to a new report from JPMorgan as seen in Bloomberg and Business Insider, merchant acceptance of bitcoin, the world’s leading digital currency, is at an all-time low. Out of the top 500 internet portal, only three accept bitcoin, down from five last year. That decline according to the report signals a “striking discrepancy” to the explosive climb in the…

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Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Category: Blockchain, Business, News

Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Everledger, the London-based startup that uses the blockchain to securely store data and provide provenance for high-value physical assets such as diamonds and artwork, has entered into a partnership with the Singapore Diamond Investment Exchange (SDiX) and physical commodity markets expert Kynetix. The Singapore Diamond Investment Exchange (SDiX) is the world’s first commodity exchange in physically settled diamonds. The exchange…

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Blockchain Startup Everledger Aims to Stop Spread of Conflict Diamonds

Category: Business, News, Tech

Blockchain Startup Everledger Aims to Stop Spread of Conflict Diamonds

The value and utility of the blockchain, the underlying technology of bitcoin, is coming more and more into focus as blockchain solutions are being developed in a wide range of industries to reduce inefficiencies and to improve the secure storage and transfer of data. As the blockchain is also immutable by design, this technology provides an excellent way of proving…

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BitGem Asset Management to Launch PinkCoin Next Week

Category: Business, Finance, News, Tech

BitGem Asset Management to Launch PinkCoin Next Week

BitGem Asset Management (BAM) will be launching PinkCoin, their diamond-backed virtual currency, on January 18th. It is the first of its kind, backed by Ethereum and a fixed pool of colored diamond assets. A crowdsale will start at 9am (EST) next Monday, where PinkCoin tokens will initially be available representing $1 of the initial pool valuation. Buyers will then be able…

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