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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

That is the story of wbrshow.idacb.com — where you will find best investors from most popular areas. We picked up…

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Tag: payments

Fintech Startup Bitt Signs an MoU with Caribbean Central Bank to Launch State-Issued Cryptocurrency

Category: Adoption, Altcoins, Bitcoin, Blockchain, Finance, News

Fintech Startup Bitt Signs an MoU with Caribbean Central Bank to Launch State-Issued Cryptocurrency

Barbados-based startup Bitt has recently signed a Memorandum of Understanding (MoU) with the Central Bank of Curacao and Sint Maarten (CBCS). The goal of the partnership is to look into the different possibilities and feasibilities of issuing digital guilder or a Central Bank backed cryptocurrency. CBCS Explores the Idea of a Central Bank backed Cryptocurrency According to the press release,…

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Plasma and Plasma Cash: The Future of Scaling and Security

Category: Altcoins, Blockchain, Business, Cryptocyclopedia, Development, News

Plasma and Plasma Cash: The Future of Scaling and Security

In March of 2018 Vitalik Buterin introduced Plasma and Plasma Cash as a solution to some of the largest difficulties facing blockchain technology Scaling, security, and verification have long plagued the emerging field of blockchain technology and cast doubt into the minds of potential investors. In 2017, document describing the upgrade came online entitled Plasma: Scalable Autonomous Smart Contracts, written…

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Here’s Why Cryptocurrencies Will Never Replace Traditional Equities

Category: Altcoins, Bitcoin, Cryptocyclopedia, Exchange, News

Here’s Why Cryptocurrencies Will Never Replace Traditional Equities

There is no doubt that cryptocurrencies have given astronomical returns to early investors. People that invested in bitcoin in its early years, around 2011 or 2012, and are now sitting on a profit higher than 3000 prevent. This has brought newer investors to the cryptocurrency market, leading to a meteoric rise in 2017. A study estimated that 8 percent of…

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ICE Announces Bitcoin Venture with Starbucks and Microsoft

Category: Adoption, Bitcoin, Exchange, News

ICE Announces Bitcoin Venture with Starbucks and Microsoft

Intercontinental Exchange, one of the world’s largest exchanges has teamed up with Starbucks to integrate bitcoin into global commerce. ICE has created a new company “Bakkt” to pursue this new initiative according to an announcement on August 3, 2018. The Beginning of a new era – Bakkt Bakkt aims to “create an open and regulated, global ecosystem for digital assets.”  The underlying…

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Mastercard CEO Ajay Banga Calls out Cryptocurrencies as “Junk”

Category: Altcoins, Bitcoin, Commentary, Crime, News

Mastercard CEO Ajay Banga Calls out Cryptocurrencies as “Junk”

On July 27, 2018, Mastercard CEO, Ajay Banga shared his thoughts regarding cryptocurrency, calling it “junk” and that an “anonymized” currency having such “wild” fluctuations in the market cannot be considered as a medium of exchange in an economy.   During the New India Lecture’ organized earlier this week at the Indian Consulate, Banga took questions about a crypto trade….

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Hitachi to Utilize Blockchain by Settling Payments Through Fingerprint Validation Mechanism

Category: Blockchain, News, Tech

Hitachi to Utilize Blockchain by Settling Payments Through Fingerprint Validation Mechanism

Technology giant Hitachi has introduced a new mechanism that uses blockchain technology to settle payments. In coalition with the Japanese telecom company KDDI, Hitachi is prototyping a new payment gateway that could change the entire paradigm of the retail industry as we know it. In a press release made on 25th July, Hitachi unveiled to the world a new payment…

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In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto

Category: Adoption, Altcoins, Bitcoin, Blockchain, Business, Finance, News

In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto

Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance. For decades, Samsung has…

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Women and the Future of Cryptocurrency: A Case Study in Everyday Digital Asset Payments

Category: Adoption, Altcoins, Bitcoin, News

Women and the Future of Cryptocurrency: A Case Study in Everyday Digital Asset Payments

Recently, significant attention has been given to the limited number of women involved in the crypto space. This limited number applies not only to investors and coin holders but also to innovators and developers in the area. As women comprise about half of the population, their shortage in the cryptosphere hints at what could be a significant factor in crypto’s…

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Shitcoin.com Owner Andreas Brekken Controls 49 Percent of Bitcoin Lightning Node Network

Category: Bitcoin, News

Shitcoin.com Owner Andreas Brekken Controls 49 Percent of Bitcoin Lightning Node Network

Andreas Brekken, the CEO of Shitcoin.com, controls 49 percent of the Bitcoin Lightning Network, according to reports. Speculation and concerns have resulted among users. Lightning Network’s Immense Growth The Bitcoin Lightning Network began its operations six months ago and had since seen stable growth in the number of active nodes and capacity. The capacity of the network then exploded by…

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Cryptocurrencies Defeat Corruption in Venezuela: Reddit User Purchases Food for Community with NANO Donations

Category: Altcoins, News

Cryptocurrencies Defeat Corruption in Venezuela: Reddit User Purchases Food for Community with NANO Donations

Although cryptocurrencies are widely regarded as a lucrative investment vehicle, it is easy to forget the original function of the decentralized assets: that of being a store-of-value quarantined from corruption and state interference. Recently, several families in Venezuela were able to receive much-needed food via cryptocurrency donations. Economic Background Once among Latin America’s wealthiest nations, Venezuela faced the front pincers…

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