UNICEF Blockchain Roll Call Funds 6 New Companies, 20 Tech Startups
United Nations International Children’s Education Fund (UNICEF) is to go ahead with a program which will see the organization invest USD 100,000 into six blockchain companies. In its continued efforts to leverage blockchain tech into its programmes, UNICEF will also include 20 other tech startups as part of the same project. The six companies named […]
BitcoinNews.com Daily Podcast 10th December 2018: Mining Industry Recession
Listen to the 10 December 2018 BitcoinNews.com Daily Podcast below. [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1892251/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-11-11%2F6976239-44100-2-a250919e44f0d.mp3”] On this edition of the BitcoinNews.com Daily Podcast we continue do delve into market analysis. We discuss how Bitmain is struggling, and how its planned IPO is no longer certain. Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We […]
Bitcoin-Powered Stock Trading: A Future Without Fiat?
Quantitative financier Amatsu Soyonobu, with co-worker Tagawa Hayashida, has come up with their own use case for Bitcoin, after the new CEO left his Silicon Valley job in search of achieving his goal to find a value case for Bitcoin outside its store value. Soyonobu, an ex-Apple software manager, decided to take things into his […]
US Insurance Company Trials Blockchain Claim System
US-based insurance company State Farm is now testing a new blockchain-based platform for settling insurance-related cases. The firm announced that the trial blockchain solution was meant to streamline the manual process of subrogation. Subrogation is a process which involves insurance companies suing third parties to pursue damages they did to an insured party. Basically, if […]
SEC Chair: ICOs Effective for Capital but Must Follow Securities Law
Securities and Exchange Commission (SEC) Chairman Jay Clayton has said that although ICOs are an effective tool to raise capital, they must adhere to securities law. The chairman’s latest ICO-related comments came during his speech on SEC rulemaking recently. He said that digital assets, ICOs and distributed ledger technologies are an “area where the Commission and […]
Busan to use Blockchain to Manage Virtual Power Plant
South Korean news agency, Yonhap News Agency, reports that the government intends to build a blockchain-enabled virtual power plant in Busan. The KRW 4 billion (USD 3.5 million) project will be located in Busan, the second largest city in the country. It has specifically selected the project in order to promote innovations in the energy sector. […]
Bitmain Struggling Amid Market Downturn, IPO No Longer Certain
Bitmain may be the largest manufacturer of cryptocurrency mining equipment in the world but despite the size of the company and its near-total monopoly on the mining industry, it is not immune to the impacts of the 2018 cryptocurrency bear market. Bitmain has been forced to close down its Israeli development center, amid rapidly declining revenues. Possibly […]
South Korea’s Shinhan Bank Considers Blockchain to Mitigate Human Error in Banking
South Korea’s second-largest commercial bank, Shinhan Bank, has begun working on a blockchain-based angle in reducing human errors in banking processes. It is the latest in a string of blockchain initiatives being pursued by a growing number of financial institutions as information technology pursues tighter integration with traditional financial services. An initial step was taken […]
