Category : Blockchain Technology

Bitcoin: IRS Takes On The Crooks—And The Good Guys

Are cryptocurrencies reportable for FBAR? For Fatca? No and maybe.

Oracle Uses Blockchain To Solve A Billion-Dollar Food Industry Problem

Oracle will use its blockchain framework in combination with the Hive Network to develop a “BeeMark” label to show that honey is being produced sustainably.

Bitcoin Slumps, What Now?

Putting a box around bitcoin volatility shows that the bounds of prediction are ridiculously wide.

Libra Can Create A Trillion Dollar Market Even Without The U.S.

Libra can bring billions of people in third-world countries into the world economy, and the trillion-dollar marketplace it would create could be the future of Facebook.

Bitcoin Surges 13% In One Hour As Intense Volatility Continues

Bitcoin prices generated sharp gains today, pushing higher as the cryptocurrency's rollercoaster persisted.

Facebook Libra App Development Already Exploding Despite Lawmakers Concerns

While U.S. lawmakers grapple with the implications of Facebook's libra cryptocurrency, an explosion of application development occurring around the world shows there may be no stopping the innovation.

State Farm And USAA See Stark Increase In Efficiency When Testing Blockchain Subrogation

The current trend of large companies looking to incorporate blockchain is still in its infancy. Mainstream mammoths across the board are finding ways to use the technology to fit their specific use cases. State Farm has dialed into the technology to...

Can Nestlé Lead Enterprises Into The Realm Of Public Blockchain Application?

The world's biggest food producer is willing to take a chance on public blockchain for its supply chain.

As the U.S. Senate learned about Facebook’s Libra, it realized that Bitcoin cannot be killed

Bitcoin has been in the spotlight lately after a tweet from U.S. President Donald Trump where he expressed his views on cryptocurrencies, stating that he was “not a fan” of Bitcoin and that its value was highly volatile and based on thin air. Since t...

Bitcoin Bears 'Poised' After 'Dr Doom's' Dire Crypto Exchange Warning

Bitcoin and cryptocurrencies have dived the traditional financial industry and economists, with some arguing bitcoin and crypto is incompatible with the current system and others more open to the new technology...

Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks.” Marcus went before members of the House Financial Service Committee to ex...

Blockchain Shows Massive Potential For The Telecom Industry

Today, it’s no longer news that the world is at the feet of the blockchain. Everything from VR to the IoT to AI to the crypto world has some connection. And of course, this incredible technology still holds the potential to influence the telecommunic...

Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U.S. doesn’t act quickly, Bitcoin could jeopardize the doll...

UnionBank to Launch a Blockhain Powered SME Financing Platform with OneConnect

OneConnect announced today, their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Ph...

Bitcoin Remains Volatile As Libra Hearing Draws Interest

Bitcoin prices remained volatile today, as many market observers tuned in to the U.S. Senate hearing regarding libra. Will Facebook's proposed cryptocurrency serve as a boon to bitcoin?