Blockchain

No, Artificial Intelligence and ‘The Blockchain’ Don’t Go Together

If one types in “define blockchain” into Google, this is the definition they receive: A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network. Likewise, if one searches for “define artificial intelligence,” they receive the following answer: The theory […]

Blockchain

Paul Brody: Bitcoin Has No Practical Use

Paul R. Brody, the Global Blockchain Innovation Chief at Ernst and Young (EY), says he sees no practical application for Bitcoin and other cryptocurrencies. This statement comes amid a growing rate of adoption of virtual currencies in both developed and developing nations.  Tokenized Fiat (Not Bitcoin) is The Future of Money Speaking to Forbes India, […]

Blockchain

Blockstream Releases ‘Friendly’ Liquid Sidechain Wallet For End Users

Bitcoin infrastructure developer Blockstream has rolled out a user-geared wallet for its Liquid sidechain asset, Liquid Bitcoin (L-BTC), the company confirmed on March 11.  Liquid Core Goes Live Liquid Core, which Blockstream describes as a “friendly alternative” for controlling L-BTC funds and executing other operations, went live on Github Monday. “Liquid Core gives traders the […]

Blockchain

Argentina’s Government Partners with Binance to Fund Blockchain Technology Projects

The Government of Argentina says it will match investments made by Binance Labs in blockchain technology startups in the country — to the tune of $ 50,000. The move marks the latest example of cryptocurrency and blockchain adoption in the Latin American nation.  Argentina’s Government Matches Binance 1:1 Binance Labs, the blockchain technology incubator of […]

Blockchain

Starbucks Will Support Bakkt After ‘Disproportionately High’ Equity Deal

Bakkt, the New York Stock Exchange’s (NYSE) forthcoming cryptocurrency trading platform, will — in fact — feature Starbucks payments for users. ‘Coffee-For-Bakkt?’ This is according to an anonymous source familiar with a deal between Bakkt and its early-stage partner, which will see the latter accept the service in payment for its in-store products. The source […]

Blockchain

Blockchain Renewable Energy: Can Blockchain Change this Market?

According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure and cost-efficient using the blockchain. Blockchain and Renewable Energy Markets Cointelegraph details the GCC as a “regional political and economic union that includes all the Arab states of the Persian Gulf except […]

Blockchain

KPMG Survey: Half of Tech Execs Say Blockchain Will Change Their Industry

Big Four auditor, KPMG, has released the results of its seventh annual Technology Industry Innovation Survey. The survey, of 740+ global tech leaders across twelve countries, shows an increasing belief that blockchain will change the industry. Don’t Mind The Disruption Nearly half of the respondents (76 percent of whom are C-level executives) thought that blockchain was […]

Blockchain

LiteLink Technologies Opens Digital Payments Division in Tech City and Hires James Youn as President

VANCOUVER, B.C., March 01, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B:FF), a key player Logistics & Payment Systems with Artificial Intelligence is opening their flagship digital payments division through one of its wholly-owned subsidiaries. uBUCK Technologies SEZC (“uBUCK Tech”) will be located in Tech City Cayman, a special economic zone by Cayman Enterprise […]

Blockchain

London Stock Exchange Leads $20M Investment Into Blockchain Startup

The London Stock Exchange Group (LSEG) has reportedly led a $ 20 million investment round in a fintech startup called Nivaura, which is behind the issuance of the first automated cryptocurrency-denominated bond.  London Stock Exchange Invests in Tokenization Startup The LSEG has led an investment round worth $ 20 million in the startup Nivaura, Reuters reports. […]

Blockchain

Wall Street Doesn’t Want Private Keys So We Got Rid of Them, Says Crypto Startup

Cryptography company Curve revealed its Institutional Digital Asset Wallet Service today, which aims to provide financial institutions and enterprises with a storage solution that makes their cryptocurrencies and digital assets instantly available — while also providing total autonomy and eliminating the need for private keys.  Curv claims that it is eliminating the need for somewhat-complicated private […]