Blockchain and IoT Tech to Revive Polluted River in the Philippines

Blockchain and IoT Tech to Revive Polluted River in the Philippines

Tackling environmental challenges is becoming a widely-acknowledged coupling with blockchain. Bitcoin News looked into how the government in the Philippines is tapping this potential to clear one of its most polluted rivers. The list of novel blockchain innovations is growing. From financial services to the human genome, the technology is penetrating every facet of the […]

Goldman Sachs Crypto Custodial Services May Be Just Around the Corner

Goldman Sachs Crypto Custodial Services May Be Just Around the Corner

Reports have suggested that Goldman Sachs is considering offering crypto custodial services for clients. Rumors abound surrounding some of the larger Wall Street banks and their various flirtations with cryptocurrencies making it difficult to tie down what is actually in the pipeline. The latest unconfirmed story is that Goldman Sachs is venturing into crypto custody […]

Study: Blockchain Can Save Banks $27 Billion per Year by 2030

Study: Blockchain Can Save Banks $27 Billion per Year by 2030

Market intelligence firm Juniper Research has published the results of its blockchain study, with the findings showing financial institutions are set to save USD 27 billion annually by 2030 should they utilize the technology. The cost reduction for cross-border settlement transactions is shown to be reduced by over 11% when deployed on blockchain. #Blockchain deployments […]

Goodlatte First Member of US Congress to Disclose Crypto Holdings

Bob Goodlatte First Member of US Congress to Disclose Crypto Holdings

US Congressman Bob Goodlatte has declared his private Cryptocurrency holdings, becoming the first member of Congress to do so. Goodlatte, who currently serves as the chair of the House Committee on the Judiciary, has reported that he currently holds a number of cryptocurrencies, namely Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH). Clearly, holding cryptocurrencies in […]

US Overseas Military Personnel to Vote via Blockchain Mobile App

US Overseas Military Personnel to Vote via Blockchain Mobile App

West Virginia State is to pioneer a blockchain-based voting application for smartphones, which allows for its military troops serving overseas to vote in the midterm federal election ballots this November. Whilst the United States still wrestles with the notion that Bitcoin could have played a role in the operations of Russian hackers during the 2016 […]

UK Bank Barclays Could Be Tapping into Crypto

UK Bank Barclays Could Be Tapping into Crypto

It has been reported that UK bank Barclays has been looking into the possibility of opening a trading desk. Three months is a long time in cryptocurrency circles. Bitcoin News ran a story in May suggesting that the bank had no such plans and would continue to monitor clients. Barclays spokesman Andrew Smith in an […]

Indian Government Plans Blockchain District in Hyderabad

Indian Government Plans Blockchain District in Hyderabad

The local government in the Indian state of Hyderabad has partnered with multinational IT services provider Tech Mahindra to create a blockchain district to aid startups. The two parties signed a Memorandum of Understanding to work together to bring the district to the Telangana state’s capital city, Hyderabad, pushing India’s agenda of advancing technological innovation in the country. […]

Bitcoin News Daily Radio Show, 6th August 2018

Bitcoin News Daily Radio Show, 6th August 2018

Listen to Today’s BitcoinNews.com Daily Podcast by Clicking Here: In this edition of the Bitcoin News daily radio show, catch up with a Bitcoin market update, followed by a story about a study that found that the US dollar is dominant in the global Bitcoin markets. Hear how the ex-CTO of Qiwi used 100,000 payment […]

Starbucks Pro-Bitcoin but You Can’t Spend It in Stores Yet

Starbucks Pro-Bitcoin but You Can't Spend It in Stores Yet

Misleading reports following the Starbucks working partnership with the Bakkt ecosystem stated that Starbucks would be accepting Bitcoin in stores. While this is not on its agenda quite yet, the multinational corporation has expressed its support for helping customers exchange their cryptocurrencies for fiat to spend in its over 27,000 cafes. Partnership with Bakkt Starbucks is the flagship […]