[ad_1] Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for Cryptocurrencies" will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up to the introduction of a bill in the House of Representatives by Davidson this
[ad_1] Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20.According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, setting the stage for a more widespread use of blockchain in the country’s banking sector.Suripong Tantiyanon, Visa’s country manager in Thailand, expressed his opinion on the partnership, noting that
[ad_1] The U.S.’s second-largest bank, Bank of America (BofA), has filed a new patent for adapting multiple digital signatures in a distributed network, according to a U.S. Patent and Trademark Office (USPTO) filing published September 18.The new patent proposes a system for managing data communication from Internet-connected devices. The document underlines that “the invention provides automated determination of which devices are communicating to which third-party entities and, in some embodiments,
[ad_1] The number of digital asset exchanges has exceeded 200. Many offer different functions, exchange fees and niches that give them a competitive edge. With so many choices, it’s hard for a novice cryptocurrency trader to pick an exchange, and it can also be tricky for more experienced traders to decide where they’ll move to next. CoinSwitch.co is a cryptocurrency exchange aggregator site backed by venture capital firm Sequoia Capital.
[ad_1] The Spanish Ministry of Agriculture, Fisheries and Food plans to apply blockchain technology to develop the forestry industry, local news outlet EuropaPress reported September 21.The operating group, entitled ChainWood, aims to improve the traceability and efficiency of the wood supply in Spain by implementing blockchain technology in industry logistics.ChainWood is a group of eight partners from different Spanish regions, including Galicia, the Community of Madrid, Andalusia, Castilla y León,
[ad_1] A Russian subsidiary of Raiffeisen Bank International has issued an electronic mortgage using local blockchain platform Masterchain, local business newspaper Kommersant reports Monday, September 24.The document containing data on the parties in the transaction, the credit loan and its duration, and the property purchased was published in a decentralized depositary system (DDS). The DDS is based on Masterchain — a Russian network for transferring valuable data via blockchain —
[ad_1] IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent and Trademark Office (USPTO) September 18.IBM first unveiled a proof-of-concept (PoC) for ADEPT in partnership with Samsung back in March 2016. The system uses a blockchain protocol as a basis for a
[ad_1] U.S.-based technology company Ideanomics has partnered with the Asia-Pacific Model Electronic Port Network (APMEN) Trade Tech Co. to streamline supply chains with blockchain tech, a press release reports Thursday, September 20.Together with APMEN Trade Tech Co., Ideanomics aims to leverage blockchain and what it calls “super artificial intelligence” to cut out “layers of middlemen” in port clearance and shipping handling for the Asia-Pacific Economic Cooperation’s (APEC) online port clearance
[ad_1] If recent reports come to fruition, blockchain technology has the potential to have a massive financial impact on the global trade industry.The World Economic Forum (WEF) released an optimistic outlook for the global economy, which would be driven by the impact and adoption of blockchain technology in the next 10 years.According to the organization, blockchain could bolster global trade to the tune of $1 trillion by 2028. The report,
[ad_1] Major league Italian soccer club Juventus announced Monday, September 24, it will launch its own cryptocurrency “fan token,” two weeks after a similar announcement from Paris Saint-Germain.The product of a partnership with “blockchain-based fan engagement platform” Socios.com, the Italian club aims to release its “Juventus Official Fan Token” as soon as Q1 next year.Like France’s Saint-Germain, which revealed its Fan Token plans with Socios earlier this month, Juventus aims
