Tag: transparency

Bitstamp, a Luxembourg-based cryptocurrency exchange, and Cinnober, a global independent provider of trading and clearing technology for the financial sector, recently partnered to increase the Bitstamp platform’s order matching speed and throughput. According to Bistamp’s blog post, published on November 5, 2018, Cinnober’s TRADExpress Trading System will replace Bitstamp’s in-house developed matching engine. Order Matching Speed Now 1250x Faster Bitstamp,…

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One form or another of a global refugee crisis is a humanitarian problem that has existed throughout history. More important to note is the fact that it will persist as long as war exists. With rampant global conflicts, especially in the Middle East and North Africa, it is therefore not surprising that over 68 million people in the world are…

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The Commonwealth Bank (CBA) announced on July 30, 2018, the successful completion of a test shipment utilizing blockchain technology to track the end-to-end supply of an almond crate. Almonds Meet Blockchain As stated in an official post, CBA sent over 37,000 pounds of almonds to Germany from an Australian port while tracking the entire process using a mobile application. The…

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According to the patent filing published by the US Patent and Trademark Office (USPTO), mega-retailer Walmart Inc. has filed a patent for a blockchain-based resale marketplace that would allow consumers to sell previously purchased Walmart products on the resale platform. Walmart Leverages Blockchain Technology to Gain an Edge Over Rivals The proposed platform would record purchases of customers on a…

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Bitmain has led a $110 million investment in Circle Internet Financial, in a funding round that values the company at $3 billion. Circle has also announced plans to launch USDC, a stable coin pegged to USD. Circle Bitmain Partnership The investment is the largest ever raised by a cryptocurrency or blockchain company, eclipsing $107 million raised by banking consortium R3….

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