Blockchain could disrupt financial reporting and auditing processes: PCAOB Board Member
May 10, 2017 07:20 am UTC| Digital Currency
Blockchain or distributed ledger technologies (DLTs) could lead to disruption to financial reporting and auditing processes, Jeanette M. Franzel, Board Member of the Public Company Accounting Oversight Board (PCAOB), said...
BitCAD develops decentralized solution for biometric identification
May 10, 2017 07:06 am UTC| Digital Currency
BitCAD, an international project on developing cryptographically encrypted smart platforms, announced that it is developing a decentralized solution for biometric identification. The decentralized solution curbs the...
Australia’s budget 2017-18 removes GST on bitcoin purchases
May 10, 2017 06:28 am UTC| Digital Currency
After the Australian governments recent indication towards eliminating bitcoin double taxation issue, the countrys national budget 2017-18 shows that the government is, in fact, removing goods-and-services tax (GST) on...
Hungarian central bank announces working group to crack down on OneCoin digital currency
May 10, 2017 05:52 am UTC| Digital Currency
The Hungarian central bank has announced a working group that aims to step up its fight against OneCoin a digital currency investment scheme that is being considered as fraudulent, CoinDesk reported. The Magyar Nemzeti...
Hong Kong’s FSDC releases two reports on fintech and DLT to foster development
May 10, 2017 05:42 am UTC| Digital Currency Fintech
The Financial Services Development Council of Hong Kong (FSDC) has released two research reports in order to foster the development and application of fintech and distributed ledger technology (DLT) in the country. The...
Microsoft Azure announces support for Waves blockchain platform
May 10, 2017 05:09 am UTC| Digital Currency
Microsoft has announced its support for Waves, a decentralized platform for crowdfunding and creation of digital tokens, on its Azure marketplace. The Waves platform primarily seeks to enable easy creation and...
Blockchain project Fermat partners with Cicada
May 10, 2017 04:17 am UTC| Digital Currency
Fermat, the decentralised, blockchain and graphchain-enabled open source project developing the Internet of People (IoP), has announced its partnership with Cicada, a distributed direct democracy and decentralized...
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