The Central Bank of France wants to experiment with digital asset technology to improve interbanking abilities, according to this "Call to Apply" document that came out last Monday, on March 30th. The document lists all of the desires and goals that the bank has with cryptocurrency. At the moment, they are looking for third party help…
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The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren't of sufficient quality. Finding the manufacturer often involved a…
Binance and WazirX, a subsidiary the world-renown exchange acquired last year will create a $50M USD fund called "Blockchain for India" according to the announcement on Binance's website. Following the fact that the Indian Supreme Court Lifted the Central Bank's Cryptocurrency Ban, this step from Binance is one business savvy way to capitalize on a newly…
Bitcoin recently experienced a significant drop in value when over the course of this last week. Its value dropped from a stable $9,000 to $5,000 in a matter of days. At the same time, on the stock market, many companies and indexes also lost value. Most notably, the S&P 500 index, whose loses flipped a…
Up until this point in time, India’s stance towards the cryptocurrency market has been quite negative, due to a variety of discouraging statements and the digital currency trading ban. Now, recent reports indicate that the Indian Supreme Court has decided to lift the crypto trading ban imposed by the Reserve Bank of India in April…
One of the largest tragedies that happened for cryptocurrency and blockchain was the fall of the first Decentralized Autonomous Organization (DAO) "The DAO" when a hacker found a bug in the system and drained a third of the DAO's holdings ($41 million worth of ETH). This is the event that caused the Ethereum hard fork…
The Austrian Institute of Technology AIT and French blockchain security company NIGMA Conseil, have signed an agreement to combat cryptocurrency-enabled crime, according to a press release published by the parties on Feb. 25th, 2020. The foundation of this agreement is intended to strengthen the collaboration between them against both cryptocurrency and other financial crimes. Both of…
Bitcoin enables financial freedom and provides access to everybody that also has access to the internet. It represents the perfect global blockchain use case. No intermediaries, just payees and receivers. However, we have a long way to go before we start to use blockchain in all of the right places (and in the right ways). For…
Distributed ledgers, i.e. blockchain applications and cryptocurrencies are completely separate things, but that doesn't reflect the U.S. budget and intentions. Trump has once again completely ignored the need for the U.S. to begin integrating blockchain technology in the governmental structures of the country. A recent Forbes article reveals how close the U.S. President Trump is to minds…
If you are a long-term cryptocurrency user, chances are that you are aware of the previous Visa-based digital currency cards that allowed holders to spend their crypto at POS card terminals, or to easily withdraw cash at any ATM. After a few years of activity, Visa decided to cancel all crypto-based cards. Now, recent reports indicate…
