Blockchain technology is becoming increasingly integrated into the mainstream, beyond the popular cryptocurrency market. Even traditional financial institutions, banks, investment companies, etc.
Read MoreImagine if one bank, in one country, laundered almost ten times more than that country’s GDP. Imagine if that money came from non-residents in Russia, Ukraine, Azerbaijan, Moldova and other ex-Soviet states. It’d be one of the largest money-laundering scandals in history. This is exactly what happened in September.
Read MoreWhile interoperability is vital to blockchain payments’ success, another critical area for growth in the industry is scalability. It simply won’t be possible for enterprises to build a healthy and functional ecosystem around the technology without scale.
Read MoreThe right kind of wallet can be used to store data and authenticate transactions beyond cryptocurrency. Hardware wallets are a significant cornerstone of cryptocurrency’s budding history. They first arrived on the scene in 2014, when a combination of circumstances ripened around their creation.
Read MoreThe World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. According to Crowdfund Insider, WBTC was created by a group of non-bank financiers and an insurance firm, including National Credit Insurance Brokers (Australia, New Zealand, Singapore), Incomlend (Singapore), GTR Ventures (Singapore, […]
Read MoreBlockchain is touted as the solution for everything from managing electrical grids to forming a new religion, and like any innovation, it’s caught the attention of regulators. That shouldn’t panic startups planning to disrupt any particular industry – instead, anyone using the distributed ledger would be wise to call their local regulator first.
Read MoreCryptocurrencies and their underlying blockchain technology are being touted as the next-big-thing after the creation of the internet. One area where these technologies are likely to have a major impact is the financial sector.
Read MoreAs shown by the proliferation of Bitcoin and the wave of innovation that followed, blockchain technology can be applied to many different industries to make processes more efficient. But, among the most important to the needs of a global population, is banking.
Read MoreMany people argue that cryptocurrencies are the revolution, not to mention, the technology. How can you blame them? They have only started hearing about blockchain and crypto during the bitcoin boom last year. I say, it’s time we know how to seperate the technology from its application.
Read MoreCentral banks around the world are actively testing blockchain technology for a myriad of applications, with a particular focus on the digitisation of national currencies.
Read MoreWhile no one can be certain how the market will shake out, it does appear that blockchain technology–and the myriad cryptocurrencies that have developed concomitantly–are likely to endure. Their advent has the potential of reducing the cost of undertaking various financial transactions, which would be a boon for investors as well as the U.S.
Read MoreAs 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.
Read More
