Month: August 2016

Diamond Trade Watchdog Looks at Blockchain Tech to Combat Fraud

The Kimberley Process (KP), a global industry watchdog for clean trade in diamonds, is looking at blockchain for greater transparency and security in diamond trade. The idea is to use the technology to create a “seamless and continued global process” for the Kimberley Process Certification Scheme (KPCS), the organization unveiled last week. KPCS is a process …

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IndieSquare and EverdreamSoft to Launch Blockchain Gaming Platform

Counterparty wallet and API provider IndieSquare and EverdreamSoft, the Swiss company behind the trading card game Spells of Genesis, have teamed up to develop a blockchain gaming platform. The new platform, expected to be released in September, will allow developers and companies to build games on the Bitcoin blockchain through the Counterparty protocol. It will …

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Canadian Blockchain Development Firm Announces P2P E-Commerce Platform

Blockchain Foundry Inc., a blockchain development company based in Toronto, is working on a new web-based e-commerce platform that leverages blockchain technology to remove the middlemen from the buying and selling process, giving customer a “true peer-to-peer marketplace.” Blockchain Foundry‘s Blockmarket is built on the company’s Syscoin network. Blockmarket is currently undergoing Microsoft certification to …

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Bitcoin Enthusiast Leads Initiatives to Build the Chinese Ethereum Classic Community

A group of Ethereum Classic (ETC) supporters have committed themselves to promote the digital asset worldwide, and most particularly in China. Roy Zou via Meetup.com Roy Zou, a Chinese entrepreneur and an engineer by training, is a long time Bitcoin believer. “The first time I heard about Bitcoin was from one of my Google Reader’s …

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KeepKey Now Lets You Buy Cryptocurrencies From Your Hardware Wallet

KeepKey, an American bitcoin hardware wallet manufacturer, has partnered with ShapeShift to allow customers to securely exchange cryptocurrencies from their device and make instant transactions with a two-click process. This marks ShapeShift’s first collaboration with a bitcoin hardware wallet manufacturer and a “huge step forward in security for traders,” the companies said. For the first …

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Fintech Venture Funding Report Highlights Growing Interest in Blockchain & Insurtech

Over the last quarter, a number of fintech sub-segments, including robo-advisors, insurtech and blockchain, have gained significant traction, according to a new report on venture capital investment in fintech by CB Insights and KPMG. Blockchain and insurtech in particular were among the big winners during this quarter, and these areas will continue to gain momentum, …

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Industry Experts Discuss Potential of Blockchain Tech in Auto Finance

Blockchain technology can be used to create registers to track ownership and related finance of assets like cars, and prevent and track fraudulent sales and practices, according to Haskell Garfinkel, a partner at PricewaterhouseCoopers and the firm’s co-leader in Fintech practice. Haskell Garfinkel, Partner at PwC, at the American Financial Services Association’s Vehicle Finance Conference …

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HK Bitcoin Remittance Startup Extends Global Footprint, Begins S. Korean Startup Program

Bitspark, a bitcoin remittance startup headquartered in Hong Kong, has signed a Master Agreement with Vitaxel Group to enter the Malaysian market. The partnership will enable customers in Malaysia to access Bitspark’s full services at local money transfer outlets and provide an option for individuals to utilize mobile payments. Founded in April 2014, Bitspark specializes …

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Smart Oracles Connects Financial Infrastructure With Ethereum, Bitcoin

SmartContract, an American startup developing blockchain-based applications, has announced the launch of a new solution that connects existing data and financial infrastructure with leading smart contract networks Ethereum and Bitcoin. Called Smart Oracles, the new solution aims at creating connectivity between the networks and the traditional data and financial infrastructure. SmartContract estimates that approximately 70% …

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