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Posts published in “Blockchain”

What will happen to Bitcoin and mining in China?

Last October, Xi Jinping stated that the development of blockchain technology is one of the priorities of the Chinese government. By that time, it was already known that in the territory of the Middle Kingdom, since 2014, a state cryptocurrency was being developed with the support of the People’s Bank…

BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem…

China Prosecutes 98 Over Alleged $2 Billion OneCoin Pyramid Scheme

Prosecutors in China have charged four suspects said to be involved with operating an alleged $2 billion cryptocurrency pyramid scheme. According to a news release issued by the Supreme People’s Procuratorate issued Wednesday, a local prosecutor’s office in Hunan province has charged the four individuals as part of a wider crackdown…

12 largest banks in China have implemented blocking technology in the past year

Almost half of the 26 listed banks in China say they have implemented blocking technologies in 2017, according to the reports. The Chinese industry publication CEBNet reported that 12 out of 26 public banks in China, according to published annual reports, implemented blocking technology in their work last year. These…

Blockchain for postal parcels temperature control (Swiss Post)

The national Swiss mail company Swiss Post intends to integrate a new block-based solution developed by the startup Modum into its work. Thanks to the new technology, the delivery of parcels with medicines and other temperature-sensitive products will become more safe and qualitative. The company Modum is based in Zurich…

Using stop-loss when trading crypto-currencies

When we are dealing with such an unstable market as the cryptocurrency market, the most difficult task is to limit losses. Many investors, unfortunately, learned about it from their own experience during the recent fall of bitcoin. And the rollback does not happen: the crypto currency is continually trying to…

Blockchain – is it a future of fintech?

The words of the crypto currency and the blockchain, which were known by a few only several years ago, are now everywhere. In this article, we will take a closer look at the fundamentals of the technology, consider the variants of its application, and outline possible ways for the development…

Mastercard Is Hiring More Blockchain Developers

Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists. The developers will work out of Mastercard’s office in Leopardstown, Ireland, where the firm’s research and development arm, Mastercard Labs, is headquartered. The new hires will work on creating more efficient payment systems, according…

Why is UK one the most popular blockchain location?

Great Britain has long been a “classic offshore” with low tax rates and excellent conditions for doing business: a developed banking system, the existence of large stock exchanges and so on. The UK is good for setting up a holding company, but the release of tokens in the course of…

The Future of CryptoCurrency in Decentralization

Jed McCaleb, co-founder of Ripple (XRP) and Stellar (XLM), as well as the creator of the infamous crypto-exchange Mt. Gox, said that the cryptocurrency and its core technology (block) should remain decentralized in order to succeed in the future. In an interview with Fast Money from CNBC, McCaleb said that…

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