A loud segment of the Bitcoin community has been pushing for a hard-forking increase to the block size limit for over a year now, but multiple efforts have failed to activate a fork up to this point. Both Bitcoin XT and Bitcoin Classic were unable to gain a significant share of the network hashrate, but …
How Would a Hard Fork Affect Bitcoin’s Usefulness as a Store of Value? Read More »
IBM is working with India’s Mahindra Group on a new blockchain-based solution to improve operational processes for the bundling and selling of invoices as they look to transform supply chain finance across the country. Known as invoice discounting, the process is traditionally known for being time-consuming and risky, requiring each party in the ecosystem to …
IBM And India’s Mahindra Announce Blockchain Solution For Supply Chain Finance Read More »
Financial institutions have a vested interest in adopting bitcoin, which has a number of attractive characteristics when compared with other currencies such a fixed money supply, being not government mandated, fast, digital, cheap and decentralized, according to Daniel Lipshitz, CEO and founder of GAP600. “I do not subscribe that bitcoin will replace existing money systems, …
‘Mainstream Adoption Requires Financial Institutions to Adopt Bitcoin,’ Says GAP600 CEO Read More »
Last week, the US Department of Justice (DOJ) filed paperwork in federal court requesting the disclosure of all Coinbase US customers’ records over a three-year period. The request was made on behalf of the Internal Revenue Service (IRS), which sought the authority to serve a John Doe Summons on Coinbase. A John Doe Summons is …
Controversial IRS Request To Coinbase Highlights Need For Updated Tax Guidelines Read More »
Bitcoin pioneer Charlie Shrem has joined force with Jason Granger, a real estate and private equity expert, to launch Intellisys Capital, an investment company. Intellisys Capital has built a diversified portfolio management platform for US-based middle market operating companies, real estate and blockchain technology. The new fund, which is expected to launch in January, will …
Charlie Shrem Unveils New Venture Intellisys Capital Read More »
Smartrac, the world’s leading supplier of radio-frequency identification (RFID) products and Internet-of-Things (IoT) solutions, has launched an integrated document verification and authentication solution which utilizes Factom‘s technology to put paper-based documents on a public blockchain. Called dLoc, the new solution combines NFC technology, IoT capabilities and blockchain’s security, allowing for the reliable authentication of any …
Smartrac Launches Document Authentication Solution Powered by Blockchain Read More »
Note: This is part three of a three-part series on TumbleBit. After TumbleBit was first announced as a new privacy enhancement for Bitcoin, powered by payment channels, the first question on many people’s minds was whether or not this tool could be combined with the Lightning Network. The Lightning Network is what many Bitcoin developers …
TumbleBit Part 3: Potential Privacy Improvements for Bitcoin’s Lightning Network Read More »
Factom Inc., a company that provides businesses and governments with blockchain solutions to manage and store their data, has received a grant from the Bill & Melinda Gates Foundation to build a medical records system for the organization. Image credit: The Bill & Melinda Gates Foundation Visitor Center in Seattle, Washington, USA, via Wikimedia The …
Factom Receives Grant From Gates Foundation For Medical Records Project Read More »
Warning: Since this post was published, we have learned that GBMiners are associated with a Ponzi scheme Roughly three to four percent of Bitcoin’s overall hashrate is now pointed at a mining pool in India, putting it in the top ten of mining pools in the world. This Indian mining pool, known as GBMiners, recently …
Blockchain technology was a key topic of conversation at last month’s Finance Disrupted event in New York, which was put on by The Economist. One of the panels at the event, Blockchain vs blockchain, explored the present state of the technology and whether or not one of the currently available options, such as Bitcoin or …
Circle CEO Allaire: It’s Highly Unlikely We’ll Be Using Bitcoin in 5 or 10 Years Read More »
Michael Taggart is the face of SteemCash and claims to be a co-founder of BitShares. From 2014 through an undetermined amount of time, Michael Taggart helped promote and was an integral part of Mark Lyford’s alleged Ponzi scheme Banx Capital. When asked, the BitShares community debated if Michael Taggart is indeed a co-founder of the long-lasting …
The inaugural Singapore Fintech Festival, a week-long event organized by the Monetary Authority of Singapore (MAS) in partnership with the Association of Banks in Singapore (ABS) dedicated to the fintech sector, kicked off today with close to 11,000 participants from more than 50 countries. The event was the opportunity for IBM and KYCK! to announce …
Note: This article is part of a three-part series of articles on TumbleBit. TumbleBit is a recently announced Bitcoin improvement that could potentially benefit the peer-to-peer digital cash system in the areas of privacy and scalability. Many privacy-improving Bitcoin enhancements have been proposed over the years, but TumbleBit can be deployed on the current version …
How Does This Bitcoin Privacy Improvement Compare with CoinJoin and CoinShuffle? Read More »
It was clear something was wrong with the Clinton campaign as soon as the polls closed in Florida. Pundits and pollsters alike pointed to the high early voting numbers in Nevada, Florida and elsewhere as a positive sign for Clinton. Democrats historically dominate early voting in the states that have it, so a high turnout …
BitX, a bitcoin startup headquartered in Singapore that offers consumer wallets, exchanges services and APIs to businesses, has been accepted into the UK’s Financial Conduct Authority (FCA) regulatory sandbox. BitX will be testing its remittance solution on the blockchain. The news marks the startup’s entry into the UK and European market. Speaking to CoinJournal, Vijay …
Singapore’s BitX Joins FCA Fintech Sandbox; Sets Sights On European Market Read More »
The Financial Conduct Authority (FCA), the UK’s financial services regulator, has announced that blockchain startup Epiphyte will be providing financial institutions in the UK with an alternative clearing and settlement system that uses Bitcoin. Epiphyte, a London-based startup, specializes in using blockchain technology to provide instant settlement of transactions. The company will offer the new …
Epiphyte To Offer Transaction Clearing And Settlement Using Bitcoin To UK FIs Read More »
Jeff Garzik, the CEO and co-founder of Bloq and a former Bitcoin core developer, has been elected to the Linux Foundation’s Board of Directors. Jeff Garzik, CEO and co-founder of Bloq, via Google+ Garzik is the first board member with a background in Bitcoin and blockchain, marking a significant development in the maturation of these …
Jeff Garzik Joins Linux Foundation Board Of Directors Read More »
Coinhako, a Singapore-based bitcoin wallet service provider and exchange platform, plans to raise a round of funding as the startup eyes further expansion in the Southeast Asian region. The move follows the company’s launch in Malaysia in June, where it has already noticed “expeditious growth,” according to Gerry Eng, CTO of Coinhako. With the launch …
Singaporean Bitcoin Startup Seeks Funding for Further Southeast Asian Expansion Read More »