Japan's largest bank, Mitsubishi UFJ Financial Group (MUFG), has developed a new blockchain to increase the speed and lower the cost of transactions in partnership with the U.S-based tech company, Akamai, reported Fortune on May 21. The two companies will work in collaboration to design a blockchain-based system that would be able to handle 1 million … Continue reading Japan’s Largest Bank Has Developed a New Blockchain In Partnership With Akamai
Chithra B Unni, a business analyst, answers the question on Quora: What are the benefits of combining the blockchain with IoT? Blockchain, a form of Distributed Ledger Technology, transfers digital information in such a way as to eliminate the chances of data being copied or replicated in any way. Originally this technology was devised for … Continue reading What Are The Benefits of Combining the Blockchain With IoT?
This article was written by Delton Rhodes, a CoinCentral's author that enjoys researching new, innovative, and interesting blockchain/crypto projects that have the potential to impact the world. Bitcoin mining has become a profitable industry for many people in the cryptocurrency community. Despite the increasing popularity of bitcoin mining around the globe, though, there are quite … Continue reading Why Are More Governments Stopping Bitcoin Mining Operations?
This article was written by Patrick Hogan, Co-Founder & Chief Executive Officer of Tenfold. Ten years ago, few would have imagined that employees could work entirely remotely or that an entire business infrastructure could exist on the internet. With the adoption of cloud computing, a service that allows companies to access processing and data storage through the … Continue reading How Cloud Technology Enables New Business Models
Praveen Reddy Kanthala, Mechanical engineering from National Institute of Technology, Rourkela, answers the question on Quora: What is Bitcoin Mining? Bitcoin, the first cryptocurrency ever created has indeed become the most widely used digital currency on earth. Ever since the existence of Bitcoin in 2009, it has witnessed unprecedented growth across the world. The reason … Continue reading What is Bitcoin Mining?
Stuttgart Börse, Germany's second-largest stock exchange unveils the prototype of a zero-fee cryptocurrency trading app called "BISON app", which was built by fintech Sowa Labs, according to a press release published on May 16. The app will be available in autumn 2018 in German and will later be offered in English. The smartphone application is a … Continue reading Stuttgart Börse Unveils the Prototype of a Zero-Fee Cryptocurrency Trading App
Monex Inc, which acquired post-hack cryptocurrency exchange Coincheck recently, announced plans to bring Coincheck to America, reported Bloomberg on May 18. Oki Matsumoto, Monex CEO expressed that he is expecting to be granted an official license in Japan next month. Monex had the biggest gain in Japan’s benchmark Topix Index as its shares raised by 98% … Continue reading Monex CEO Plans to Bring Coincheck to America
The Federal Council of the Government of Switzerland explores the possibility of issuing its own state-backed digital currency called "e-franc", as it requests a study to see the risks and opportunities of a national cryptocurrency, reported Cointelegraph on May 16. The government employee that brought this idea is Cedric Wermuth, a Swiss lawmaker and vice-president of the Social Democratic Party … Continue reading Swiss Government Explores the Possibility of Issuing Its Own State-Backed Digital Currency
The Tel-Aviv Stock Exchange (TASE) announced it will develop a blockchain securities lending platform in collaboration with Accenture and The Floor, an Israeli fintech hub, which will allow direct lending of all financial tools, reported Coindesk on May 17. The new blockchain-based platform for lending will be acting as a "one-stop-shop for all securities lending activities, permitting … Continue reading Tel-Aviv Stock Exchange to Develop a Blockchain Securities Lending Platform
India-based IT giant Infosys Finacle announced it team up with 7 banks to develop the "India Trade Connect" (ITC), including Axis Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, South Indian Bank and Yes Bank to enhance efficiency in trade finance, according to a press release published on May 16. The consortium developed … Continue reading India-Based IT Giant Infosys Team Up With 7 Banks to Develop the ‘India Trade Connect’ Network