The World Economic Forum (WEF) has stepped into the crypto fray and is canvassing central banks to determine their involvement in blockchain developments. The WEF was founded in 1971 as a not-for-profit organization in Geneva, Switzerland, with the express mission of improving the state of the world. Per its website: The Forum engages the foremost…
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If there is one aspect about cryptocurrencies that irritates regulators and government officials more than any other, it is the anonymity afforded the criminal element of our society by the nature of blockchain distributed ledger systems. At its next meeting on June 8 and 9 in Fukuoka, Japan, the G20 central bank governors and finance…
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PayPal has been getting up to speed with blockchain lately. The online payments giant has officially made its first investment in the blockchain “world”. The company has joined the Series A funding of a blockchain-based company that helps its clients (namely financial institutions and different corporations) with managing sensitive data – all through blockchain. According…
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Aviva Ventures and Sesame Bankhall Group (SGB) have partnered to create a blockchain-based protection platform, called Acre Software. The startup is backed by £5 million in seed funding from the two companies. Acre is actually a new generation insurance and mortgage platform that has been supported by Aviva and Sesame with the goal of revolutionizing the mortgage market.…
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The privacy network Loki has earlier today announced that it has become Australia’s first privacy software not-for-profit organisation. Loki was registered as the LAG Foundation Ltd with the Australian Charities and Not-for-profits Commission (ACNC). The network's aim is to allow users to transact and communicate privately and anonymously over the internet. Using blockchain technology, Loki supports…
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Blockchain has been used in multiple sectors and organizations across the world. From healthcare to the diamond industry, various elements of businesses have been disrupted by blockchain. Now, a new, giant blockchain project is coming to life - one that actually works to improve the actual interoperability between various blockchains. The blockchain is called Cosmos.…
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A dynamic trio is gearing up towards the launch of a new, niche blockchain-based product that could potentially revolutionize the supply-chain industry. The three tech giants that are partnering are Mastercard, Accenture and Amazon Web Services. The companies are going to develop a blockchain-enabled supplier "tip" system that allows customers to essentially tip smaller scale…
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The blockchain education is undoubtedly booming. Ripple, for example, has donated $50 million for a blockchain research program, which is being adopted by major universities such as Princeton and UCL. The goal of the program is to encourage blockchain research and give the opportunity for exciting new developments and partnerships. Now, the first Middle East…
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The concept of a stablecoin is not new news. The fact that Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), has continually bashed Bitcoin is not new news either, nor is the fact that his bank’s developers have been silently working in the background on ways to leverage blockchain technology to the bank’s benefit.…
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Is Amazon (NASDAQ:AMZN) considering a “Big Play” in Crypto-Land? As news begins to trickle in that high-tech giants like Google, Facebook (NASDAQ:FB), Samsung, and others have several efforts in the works to incorporate blockchain technology and possibly cryptocurrencies, as well, into their daily operating systems, speculation continues to mount as to what Amazon might be…
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