It is no secret that governments around the world are reluctant to fully recognize crypto as legal tender. Nevertheless, its growing popularity, and the increasing adoption of blockchain technology, is a movement that cannot be ignored. This fact has created a quandary for central governments, as they struggle to find a place for decentralized assets…
Although wild value swings are the norm with cryptocurrencies, the last several days have been more volatile than usual due to a series of steps taken by governments across the globe. Bitcoin and altcoin prices, after a slow decline over the past few weeks, have moved wildly based on rumors and speculation that crypto may…
From the moment Bitcoin was released, advocates were quick to point to its ability to enable rapid, inexpensive transfers of fiat between people, institutions, and across borders. Although there is certainly a debate over the extent to which crypto will one day replace centralized fiat, there is no doubt that it is rapidly becoming a…
Last week, Walmart received a patent on a “smart package” system that will utilize blockchain technology to better track and authenticate packages. This move is one of many that major corporations are taking to implement blockchain into their logistics management. In fact, it is safe to say that the logistics sector is undergoing its greatest…
Payment technology company Circle has acquired Poloniex in a deal reported to be worth $400 million. Founded in 2013, Circle has been involved in a number of blockchain ventures, although in more recent years it has focused on providing peer-to-peer fiat services. Of note is the fact that Goldman Sachs is a major investor in…
In parts one and two of our series on decentralized application blockchain platforms (dApps) we examined the dominant players in the space as well as those that, due to advanced features, could rise to become leaders. In this third segment, we will examine dApp platforms that offer unique, groundbreaking, and cutting-edge features. These systems are…
In part one of our examination of Decentralized Application Platforms (dApps), we examined Ethereum, NEO, and NEM, which are the three dominant players in this space. DApp systems are excellent examples of the potential of blockchain technology, and hundreds of institutions across the globe are adopting them. In this second part we will examine other…
It is no secret that cryptocurrency is rapidly becoming mainstream, as millions across the globe enter the crypto space. Although media attention tends to focus on fiat value and the ever-growing market caps, of equal importance is the fact that thousands of institutions are implementing distributed ledger technology into their logistics, infrastructure, and management systems.…
This year promises to be the most active yet for cryptocurrency and blockchain adoption. As crypto rapidly becomes mainstream across the globe, governments and central banks have struggled to develop comprehensive policies regarding its use. It is no secret that, despite an appreciation of blockchain technology, governments are loathe to accept the legitimacy of crypto…
In a budget speech before the Indian parliament, finance minister Arun Jaitley expressed a hostile stance toward the use of cryptocurrency as legal tender. Jaitley stated that the government does not consider crypto legal tender, and would take action to end its use as a method of payment. Jaitley’s comments come as Bitcoin and other…
