Employees of the People’s Bank of China said that the five-year work on the official cryptocurrency of the country has been completed, they are ready to launch it “in the near future”. Mu Changchun, deputy head of the bank’s payment division, added that its architecture and prototype are ready. “We…
Posts tagged as “#ethereum #cryptocurrency #crypto #bitcoin #forex #motivation #money #cryptoyuan #stocks #stocktrading #stocktrader #millions #billionaire #blockchain #venezuela #btc #ltc #usd #litecoin”
INSEAD professor and co-founder of the Blockchain Research Institute (BRI) Don Tapscott (Don Tapscott) said that the yuan – the official Chinese currency – will become a cryptocurrency (CryptoYuan). In an interview with Bloomberg, Tapscott said that he recently met with the vice-chairman of the Chinese Communist Party. The official…
Over the next 2-3 months, Ethereum will implement the Casper hybrid protocol, which will combine the parameters of the Proof-Of-Work and Proof-Of-Stake consensus algorithms. During the conference Edcon, the founder of the platform Vitalik Buterin told about the upcoming update and the system of rewarding the steakers. We emphasize that…
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…
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…
The major Chinese cryptocurrency mining hardware manufacturer Bitmain is reportedly involved in the development of Ant Creek mining centers in the US. According to the business data website companies-number.com, Bitmain’s co-founder Jihan Wu is the sole “governing person” of the Ant Creek LLC in Tumwater, Washington. According to local newspaper…
Jihan Wu, the controversial co-CEO of bitcoin mining hardware maker Bitmain, will discuss the idea of central bank digital currencies in a speech Wednesday, a source told CoinDesk. Wu is perhaps the most highly-anticipated speaker at the three-day D.C. Blockchain Summit, which kicked off on Tuesday with a developer event.…
The Marshall Islands is the latest country looking to issue its very own cryptocurrency. Called “the sovereign” (SOV), the cryptocurrency will circulate as legal tender alongside the USD and will be distributed to the public via an “initial currency offering,” the President of the Republic of the Marshall Islands (RMI),…
J.P. Morgan Chase has added a segment on cryptocurrencies to the “Risk Factor” section of their 2017 annual report to the US Securities and Exchange Commission (SEC), filed yesterday, Feb. 27. The annual report mentions cryptocurrencies under the “Competition” subsection when describing how new competitors have emerged that threaten J.P.…
Different car producers are starting to use blockchain technology in the vehicles they are producing. Now, Porsche is testing Ethereum-based blockchain technology in collaboration with a start-up known as XAIN. This start-up is already working with DHL, Volkswagen, Nvidia, and many other enterprises in the industry. With this partnership, XAIN…