Russian Researchers Experimenting with Quantum-Secured Blockchain
Researchers at the Russian Quantum Center published a paper in May 2017 describing successful experimentation with a quantum-safe blockchain via integrating quantum key distribution technology. According to the MIT Technology Review, any information encrypted with conventional cryptography will become unsecure as soon as the first powerful enough quantum computer is turned on. This event appears […]
Retail Complex in Slovenia for “Bitcoin City” as Ljubljana Embraces Fintech
The largest shopping area in Slovenia, coincidentally named BTC, has plans to extend its cryptocurrency profile through a fintech startup in an effort to make it become a ‘Bitcoin City’. The complex, which stretches over a huge 475,000 square-meter space, filled with 500 stores, was visited by Prime Minister of Slovenia Miro Cesar, who recently […]
Google to Ban All Crypto Ads This Month
In March 2018, Google posted that it would be banning any and all advertisements involving cryptocurrency from its AdSense and AdWords advertising platforms in June 2018, and now the time of reckoning has come. Google’s new financial products policy explicitly states that the ban will include but not be limited to initial coin offerings (ICOs), […]
Indonesia Gets Green Light for Bitcoin Futures as Supervisory Board Says “Yes”
The Indonesian Futures Exchange Supervisory Board (Bappebti) is reported to have been given the green light for cryptocurrencies to be traded on the country’s futures exchange, having finally been designated as commodities, writes Coindesk. Bappebti is an agency that was launched in 2005 to regulate certain sections of the financial services industry in Indonesia. It […]
Wind-Powered Crypto Mining Farm Built on Baltic Sea Island
Estonian government-owned Salme wind farm operated by Eesti Elekter has set up a cryptocurrency mining farm on the island of Saaremaa in the Baltic Sea off the west coast of Estonia, demonstrating the beneficial synergy between wind power and cryptocurrency technology. The Salme wind farm has seven turbines which produce 6 MWh of power for […]
Philippines Looks to Blockchain for Tax Collection
A spokesperson for the Philippines Department of Finance (DoF) has confirmed that the country is looking into blockchain solutions for business improvements, including tax collection. Blockchain opportunities Paola Alvarez of the DoF spoke Monday about the country’s ambitions, saying, “Yes, of course, we are open to exploring blockchain. Secretary (Carlos) Dominguez is really pushing for […]
Take a French Leave from Taxes, or How to Keep Your Cryptocurrency Safe from the Taxman
When cryptocurrencies go through their periodic pumps, cryptocurrency investors are placed in a position of having to stop thinking so much about how to make more profit and start worrying more about how to protect their gains from the avaricious reach of the taxman. Depending on the laws in specific localities, and on the amount of […]
China State TV: Blockchain 10 Times More Valuable Than Internet
China’s primary state television CCTV has broadcast on its finance channel that the value of blockchain is “ten times more than that of the internet” in a discussion on the potential and the risks of the new technology in China, writes Coindesk. In an hour-long discussion between representatives of both private and industry sectors and […]
Russian Railways Push Smoother, Cheaper Crypto Ticketing
Media reports have indicated that state-owned Russian Railway company RZD has plans to implement blockchain applications, smart contracts, and ticket sales, according to Bitcoin.com. Several publications in recent months have suggested that RZD, self-named as “The Strongest Link in Eurasia”, may even start a cryptocurrency paid ticketing service. The company ranks itself as among the […]
CEOs Say Amazon and Walmart Sparked Blockchain Revolution
CEOs are posing the question whether major companies such as retail giants Amazon and Walmart, and tech multinational Microsoft adopting blockchain technology will create a “blockchain revolution”, writes Hedge Co.net. All of these companies have announced recent blockchain projects this year. Walmart published plans to use the technology in partnership with the IBM Corporation and […]
