Korean government reveals plans to support blockchain and fintech startups
Jun 03, 2016 12:19 pm UTC| Digital Currency
According to latest reports, the Korean government plans to provide its full support to venture capital to finance fintech start-ups, as digital innovation will play a pivotal role in the fourth industrial revolution, the...
Vitalik Buterin evaluates Ethereum’s suitability to banks and blockchain consortiums
Jun 03, 2016 10:51 am UTC| Digital Currency
R3CEV has published a new report authored by Vitalik Buterin that evaluates the suitability of private or public chain Ethereum to be used by banks involved in blockchain consortiums and other such initiatives. The...
Blockchain could chop 20-50% bank jobs: predict Barclays’ former chief
Jun 03, 2016 10:04 am UTC| Digital Currency
Antony Jenkins, former chief of Barclay said that half of bank branches - and half of banking jobs - could get the chop over the next decade due to new technologieslike blockchain. According to telegraph.co.uk, in a...
kompany partners with Tradeshift for KYC/KYB verifications amid blockchain push
Jun 03, 2016 09:52 am UTC| Digital Currency
Tradeshift, a web based business network and free invoicing platform, has entered into a partnership with kompany, an Austria-based provider of global business intelligence, to provide its global customers with the tools...
Coin Gaming launched bitcoin-only sportsbook ahead of Euro 2016
Jun 03, 2016 09:41 am UTC| Digital Currency
Coin Gaming has launched Sportsbet.io, which is a new bitcoin-only sportsbook which will provide thousands of betting opportunities on the prestigious soccer tournament, Euro 2016. Sportsbet.io focuses on 3 core...
Bitcoin exhibits characteristics of a unique asset class; new research white paper claims
Jun 03, 2016 09:28 am UTC| Digital Currency
Coinbase, cryptocurrency exchange and wallet provider, and ARK Invest, an investment management firm, have released a new research white paper that explores the merit of bitcoin as the first of its kind in a new asset...
Sberbank and IIDF launch fintech accelerator, focus on big data, AI and more
Jun 03, 2016 07:33 am UTC| Digital Currency
Sberbank, one of the largest banks in Russia, in partnership with Internet Initiative Development Foundation (IIDF, or FRII in Russian) has announced the start of a joint programme to develop financial technology...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects