The evolution of key industries have been historically driven by groundbreaking technological innovations that leave an indelible mark on society. The printing press led to the scientific revolution, the discovery of electricity brought light to the world, radio waves changed the way information was delivered...
Month: October 2018
Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial – CoinDesk
The Hong Kong Stock Exchange (HKEX) has teamed up with distributed ledger startup Digital Asset to develop a blockchain platform for post-trade processing. The two firms are exploring the development of a blockchain-powered platform for HKEX’s Northbound Stock Connect program, a spokesperson for HKEX told...
Big Four Auditor EY Launches Zero-Knowledge System for Private Transactions on Ethereum
“Big Four” auditor Ernst and Young has launched the prototype of a system that enables secure and private transactions to take place on the Ethereum (ETH) public network, according to a press release Oct. 30. The system, dubbed EY Ops Chain Public Edition (PE), uses...
TRON’s First dApp Hits 1 Billion TRX-Large Payout
TL;DR TRON’s creator, Justin Sun, has recently announced that TRON blockchain’s first dApp has seen a payout of over 1 billion TRX in less than two weeks. TRONbet currently has around 180,000 transactions per day, which is 20% of TRONs total transactions. Despite the fact...
Coinbase Exec Denies Plans for IPO ‘Any Time Soon,’ Reveals Plans to Add up to 300 Coins
Major U.S. cryptocurrency exchange and wallet provider Coinbase will not perform an initial public offering (IPO) “any time soon,” the company’s President and COO Asiff Hirji told Bloomberg today, Oct. 31. Speaking to Bloomberg TV, Hirji, who himself was the first to hint about the...
OpenNode lightning network bitcoin payment processor releases public beta
OpenNode, the world’s first multi-layered bitcoin payment processor for merchants today announced that the public beta release is now available in English for businesses around the world. This release enables a broad user base to start accepting bitcoin both on-chain and via the lightning network....
Major Profits for Early Bitcoin Investors, What Will the Next Ten Years Bring?
In investing, what is comfortable is rarely profitable and several findings support this popular claim. Back in 2014, a study The Digital Dividend-First Mover Advantage, published by Harvard Business Review Analytic Services and sponsored by Verizon Enterprise Solutions, found that early adopters of technology—in finance or...
Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks
The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that banking support would be provided as long as exchanges have...
Chinese Ecommerce Giant JD Launches Blockchain Research Lab | NewsBTC
While China is known for its rather unfriendly stance toward cryptocurrencies, the situation is significantly better when it comes to blockchain technology. Numerous companies, influential individuals, and even the country itself recognize that this is the technology of the future. As such, they are very...
Will Small Companies Beat Large Corporations if They Use Blockchain?
An American startup is building a blockchain agnostic protocol in a bid to provide small businesses with affordable access to new technology, and drive the mass adoption of blockchain and cryptocurrencies. Opporty, with experienced founders from the U.S., has also set up a “trusted and...