MIT Media Lab’s Enigma Pioneers Blockchain-Based Secret Smart Contracts
Enigma is a blockchain-based platform developed by the Massachusetts Institute of Technology (MIT) Media Lab that facilitates secret smart contracts. On 30 June 2018, Enigma announced the launch of its testnet, which developers can use to start experimenting with secret smart contract technology. The MIT Media Lab is not forking any existing blockchain; instead, it is […]
Iran Looks to Crypto Amid Hyperinflation, Looming Sanctions
The Iranian Rial (IRR) is experiencing a hyperinflation rate of 132% annually and rising rapidly according to calculations by Professor Steve Hanke of John Hopkins University. Now, the Iranian government and the Iranian people appear to be looking to use cryptocurrency as a safe haven as their native fiat currency weakens. #Iran's annual inflation rate […]
Latvia Joins Baltic Neighbor Estonia to Drive Fintech and Blockchain Charge
The Baltic state of Latvia may be a fledgling in terms of fintech development but it is beginning to make real inroads into developing the space, writes Fintech Switzerland. Fintech has a rapidly growing footprint in the startup scene and cryptocurrency interest is growing despite government’s uncertainty regarding regulations in the sector. Latvia currently levies […]
Survey: 60% of US Consumers Wished They Invested in Bitcoin
A new study released by CreditCoin shows that more than half of US consumers surveyed who didn’t own Bitcoin or any other cryptocurrency wished they did. Additionally, new cryptocurrency adopters find that the processes of buying digital currency are too complex, and therefore off-putting to those new to the space, writes Benzinga. The report is […]
Zug: The Swiss Model of a Crypto Friendly Society
The small town of Zug just outside of Zurich with a population of under 30,000 has become known as Europe’s crypto haven as the region embraces increasingly decentralized model, writes Business Insider. Multinationals have been attracted to the town with its low 14% cooperation tax and it now attracts pharmaceutical and medical companies such as […]
Blockchain to Launch an Institutional Investment Platform
Blockchain has announced that they are launching an institutional investment platform named Blockchain Principal Strategies. The CEO and Co-Founder of Blockchain, Peter Smith, says “We are thrilled to debut Blockchain Principal Strategies, an institutional grade platform customized for institutions, family offices, and individual investors. BPS provides clients the opportunity to invest in digital assets with […]
