The BANKEX technical team has recently announced they have developed the world’s first private blockchain that supports the Plasma Protocol for public audit which will allow users to transfer different assets directly to each other leaving intermediaries behind and solving one of the most pressing problems of the current crypto world – high gas consumption.
Recently all around the world there has been an upsurge in fears related to the use of cryptocurrencies. These concerns are mostly rooted in the anxiety of governments and financial institutions about the anonymity of digital currencies, such as Bitcoin and Ethereum, which opens the door for criminals and cyber terrorists to otherwise secure financial systems.
American Express has partnered with Santander UK and fintech firm Ripple to enable blockchain-powered international B2B payments. The solution is anticipated to speed up cross-border transactions between the UK and the US using the blockchain technology. American Express’ customers will now be able to conduct payments on the FX International Payments (FXIP) platform that will
Ethereum’s annual developer conference, devcon three, concluded one week ago in Cancun, Mexico, with well over a thousand attendees. The four-day event included some intriguing talks such as numerous presentations highlighting the humanitarian use cases of blockchain technology, details on the scaling approaches for Ethereum and progress in the wider Ethereum ecosystem. Here we detail
Malaga, Spain — Neuromation became a winner at the d10e in Gibraltar, also receiving third place and one third of the $100,000 prize pool — $33,000 from the judges of the investors conference. Constantine Goltsev, founder of Neuromation and David Orban, advisor, received an award. It’s Neuromation’s second win at the d10e international conference, which
Bitcoin’s scalability debate is once again in full swing as the SegWit2X fork scheduled for November is slowly approaching. The community’s opposition movement named NO2X, started by Litecoin founder Charlie Lee, is gaining momentum and more signatories of the New York Agreement are reneging on the agreement as the controversy around the SegWit2X fork grows.
Autonomous Next, a leading financial technology (fintech) research provider, disclosed to CNBC how 124 hedge funds are invested in crypto assets such as bitcoin. With over 2 billion USD under management, it appears, despite some well-documented Wall Street naysayers, the world’s most popular cryptocurrency is convincing money managers the time is right to invest. Also
The B.C. Securities Commission provides registration and tools for First Block Capital Inc. to begin working as an exempt market dealer as a bitcoin investment fund. On September 6, the British Columbia Securities Commission announced that it would be allowing First Block Capital Inc. operational status. The investment fund seeks to be the first in
The market tries to face up to the challenge. Students have invaded blockchain courses on online platforms and get a hustle on adding their fresh blockchain skills to the CVs. The demand for blockchain lessons at Udemy soared comparing with last year by 978%, while B9lab research and learning blockchain center kept track of a
EY is hosting its first Hackathon in Mumbai on July 28, 2017. The three-day event will focus on creating prototypes and finding solutions using the blockchain ecosystem. Following in the footsteps of tech giants such as Microsoft and IBM, EY now plans to hold such blockchain centric events in various offices across the world. Meanwhile,