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Blockchain Life 2021

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Consensus 2017 Draws Bright Leaders From Across Globe

June 1, 2017 by Lori Brown at Bitcoin, Business, News

Consensus 2017 attracted a thriving, ambitious crowd to New York City, with the attendance comprising of more than 2,700 people from all over the globe. Here are some the top headlines. Rootstock Launches Smart Contract Test Net, Ginger Rootstock Labs (RSK), a Blockchain startup from Buenos Aires opened its smart-contract...

Market Volatility is Back and Bitcoin’s Scaling Problem May Soon Be Solved: BTCManager’s Week in Review May 30

It has been an intense week for cryptocurrency holders as bitcoin’s rally “to the moon” took two abrupt pitstops. On May 25, the price of bitcoin briefly dropped $500 from its record high at $2760.10 to recover at around $2,400. Two days later, bitcoin took another dive to below the...

Digital Currency Group Launches Subsidiary To Facilitate Marketplace Adoption of Blockchain Solutions

May 30, 2017 by Alex Lielacher at Blockchain, Business, News

On May 22, the Digital Currency Group launched a new subsidiary to accelerate the rate of adoption of blockchain solutions into the marketplace. The subsidiary has been named DCG Connect and is designed as a membership-based organization. DCG Connect seeks to increase the rate at which blockchain solutions are being...

Japanese ATM Manufacturer’s Bitcoin Integration Likely to Boost Adoption

May 26, 2017 by Joseph Young at Bitcoin, News

Japan has seen a massive boost in the adoption of bitcoin almost immediately after the initial move toward a regulatory framework and exemption of taxes for cryptocurrency. The trading volume of bitcoin exchanges surged and most importantly, unlike many other regions, the Japanese bitcoin industry has been treating it as...

Citi and Nasdaq Partner with Chain to Develop Blockchain Payment Solution

May 25, 2017 by Alex Lielacher at Blockchain, Business, News

Banking giant Citi and technology stock exchange Nasdaq announced a new digital payment solution that provides straight-through processing and automatic payments reconciliation by leveraging blockchain technology to record and transfer payment instructions. The collaboration between the two New York-based financial services companies has culminated in a pioneering banking solution that...

ShapeShift Launches Trustless Digital Asset Portfolio Management Platform Prism

May 24, 2017 by Alex Lielacher at Ethereum, Finance, News

Switzerland-based cryptocurrency exchange ShapeShift announced on May 19 that it is launching the world’s first trustless digital asset portfolio platform called Prism, which has been built on top of the Ethereum blockchain. The new portfolio management platform enables humans as well as machines to gain exposure to portfolios of digital...

Indian Bank Kotak Mahindra Launches Blockchain-Based Trade Finance Solution

May 21, 2017 by Alex Lielacher at Blockchain, Business, Finance, News

India’s third largest private bank Kotak Mahindra announced on May 17 that it had enabled trade financing for one of its clients by applying blockchain technology to reduce the time it takes for the letter of credit (LC) to be completed from 20 to 30 days down to a few...

Major VC-Backed South Korean Exchange Launches Ripple Support

May 19, 2017 by Joseph Young at Altcoins, Commentary, News

Korbit, one of the three leading South Korean bitcoin exchanges alongside Bithumb and Coinone, has officially integrated support for Ripple trading. In an email to its customers and traders, the Korbit team wrote: “Korbit is pleased to announce fuller support for trading Ripple (XRP). Ripple is one of the leading...

Chile’s Santiago Stock Exchange Leads Blockchain Implementation in Latin America

May 19, 2017 by Alex Lielacher at Blockchain, Business, Finance

On May 17, technology giant IBM and Chile’s largest stock exchange, the Santiago Exchange, announced a partnership to implement blockchain technology into the nation’s financial services sector. The collaboration makes the Santiago Stock Exchange the first exchange in South America to utilize blockchain technology for securities lending on its short...

Bitcoin May Become the Main Currency for Palestinians

May 15, 2017 by Nuno Menezes at Bitcoin, Commentary, News, Tech

Bitcoin or a ‘Palestinian Pound,’ a digital currency inspired by Satoshi Nakamoto’s innovation, could potentially be used to propel the independence and financial sovereignty of Palestine, as Azzam Shawwa announced at a European Bank for Reconstruction and Development meeting over May 9-11. The unstable political and socio-economic situation in the...

Beijing Warns Residents That Cryptocurrency Trading Isn't Legal

Bitcoin’s Banking Struggle is Real

May 15, 2017 by Alex Lielacher at Bitcoin, Business, Finance, News

It is no secret that banks love the blockchain but hate bitcoin. Despite the irony that one would not exist without the other, it is the threat that a decentralized global digital currency that allows anyone to be their own bank possess to the current banking system that causes the...

New Anonymous Cryptocurrency INTCoin to Launch in June

May 13, 2017 by Alex Lielacher at Altcoins, News

New blockchain project INTCoin has announced its launch for the beginning of June and is currently undergoing a presale for its cryptocurrency targeted at early adopters. INTCoin leverages the blockchain’s capabilities to create a digital currency with instant transactions and minimum fees. The INTCoin project has developed a decentralized global...

Blockchain FX Startup Cobalt Attracts Citadel Securities and XTX Markets to its Service

May 12, 2017 by Alex Lielacher at Blockchain, Business, Finance, News

UK-based fintech startup Cobalt has added electronic trading houses Citadel Securities and XTX Markets to its impressive list of participants who have committed to become users of its new blockchain-based institutional forex settlements platform. Cobalt has developed a post-trade processing system for the currency market that utilizes distributed ledger technology...

XMR.TO uses Monero to Offer Bitcoin Users Complete Anonymity

May 11, 2017 by Nuno Menezes at Altcoins, Bitcoin, News

Monero (XMR) is currently the most untraceable and private digital coin in the whole cryptocurrency ecosystem, allowing you to make payments over the internet with the strongest privacy currently achievable. XMR.TO offers a service allowing you to anonymize bitcoin payments with the altcoin; the founder recently spoke with Monero Monitor...

Social Blockchain Startup Alice Uses Ethereum to Help London’s Homeless

May 11, 2017 by Alex Lielacher at Ethereum, Finance, News

UK-based charity St Mungo’s has teamed up with social technology startup Alice in an effort to create better transparency with regard to donations made by the public by leveraging the Ethereum blockchain. According to the Public Trust and Confidence Report released by the British government in 2016, the public's confidence...

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