Industry and Innovation: Blockchain Benefits E-Commerce
E-commerce platforms like Amazon, JD, and eBay revolutionized the way we used to shop. With insanely low prices and huge variety of products, they are providing tremendous benefits to the consumers. According to recent research, the global e-commerce market is eyeing...
Cross-Border Payments Using Blockchain Technology
Making cross-border payments is necessary for many individuals and organizations to run their business smoothly. The constant increase in international trade is contributing to creating pressure on the payment system to be faster and less expensive. Looking at...
6 Ways Blockchain is Changing the Financial Industry
1 - Authenticating Identity In today's society, we rely heavily upon intermediaries to build trust between two parties. Without them, it would be impossible to get access to basic financial services such as loans and bank accounts. This practice gives these...
The Two Most Important Thing to Understand About the Blockchain
Blockchains or DLT technology(Distributed Ledger Technology) in general, gained a lot of eyeballs last year. The price of Cryptocurrency has been driving the headlines for much of that time but now many people are starting to understand, it’s the underlying technology...
This week in Blockchain…#5
The week beginning the 20th of May was a mixture of both further regulation and adoption from the world of Blockchain. This week was hailed as International Bitcoin Pizza week, American Express announced plans to follow suit and begin adopting Blockchain technologies...
Forex Transaction via Blockchain by German Bank and Steel Company
Cointelegraph auf Deutsch reported on May 24 that German bank Commerzbank and steel company Thyssenkrupp have completed a pilot transaction of a forex (FX) forward on a blockchain. On Wednesday, the EUR/PLN deal worth €500,000 and with one month tenure, was...
Bitcoin to be used in Cross-Border Transactions at Argentinian Bank
According to a Facebook post on May 21, it has been announced by Argentinian Banco Masventas (BMV) that they are partnering with Bitex which is a blockchain-based financial services provider based in Latin America. The motive behind this is to enable clients to use...
U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns
In Colorado, political candidates could soon accept bitcoin or other digital currencies for their campaigns, according to the reports by the Denver Post. A proposal was made by the Secretary of State, Wayne Williams for allowing donations of cryptocurrencies in...
This week in Blockchain… #4
This week in Blockchain… #4 The week beginning the 13th was unlucky for some, but in the world of Blockchain technologies was as exciting as ever. This week we saw HSBC sending Soybeans across the world in one of their first Blockchain experiments, Microsoft search...
This week in Blockchain #3
This week in Blockchain #3 Were back and the week beginning the 6th of May has seen the Blockchain industry hitting new highs. This was a week where the Marshall Islands announced they were considering making Cryptocurrencies legal tender. This would make the Marshall...
NYSE Owner Wants To Let Customers Buy Bitcoin
As reported by the New York Times on May 7, the owner of the NYSE is letting their customers buy and hold Bitcoin. This would be the second giant Wall Street move to be taken in a week in the crypto world. Citing supporting documents and anonymous sources, NY Times...
Facebook Forms Team To Explore Blockchain
CNBC reported on May 8, that the social media site, Facebook, is exploring possible applications for blockchain technology as announced by the head of Facebook’s messaging app, David Marcus. Tuesday afternoon a post by Marcus on his personal page stated that he is...
Ethereum – Under the Regulatory Spotlight
The second largest cryptocurrency Ethereum (ETH) as per the market capitalization, is facing critical observation from American regulators this month. The US Securities and Exchange Commission (SEC) as well as the Commodity Futures Exchange Commission (CFEC) is...
Oracle Offers Blockchain Products
Great news has been reported by Bloomberg on May 7 that the world’s second-largest software company Oracle Corp is going to reveal a platform-as-a-service (PaaS) product by the end of this month, and decentralized ledger-based applications next month as announced by...
This week in Blockchain…#2
This week in Blockchain… It’s the first week of May and another eventful week in the ever-growing world of Blockchain. This week we have heard about how Kanye West has been a long-time admirer of Bitcoin Technologies, how Argentina is planning on introducing over 4000...
