Blockchain technology could combat banks’ de-risking practice: ECLAC report
May 02, 2017 07:19 am UTC| Digital Currency
In a new report, the Economic Commission for Latin America and the Caribbean (ECLAC) has stated that blockchain technology could offer potential solutions to some of the problems surrounding de-risking and the navigation...
Japanese firms to launch digital currency exchanges to tap bitcoin growth potential
May 02, 2017 06:45 am UTC| Digital Currency
Japanese firms are increasingly looking to tap into the growth potential of bitcoin and other cryptocurrencies as the government exempted virtual currencies from consumption tax. In March 2017, the Japanese National...
UN uses Ethereum blockchain to distribute funds across Jordanians
May 02, 2017 06:35 am UTC| Digital Currency
The United Nations (UN) has started to distribute funds across people in Jordan using Ethereum blockchain, as a part of its trial. The blockchain fund project aims to send cryptographically unique coupons representing...
Bitcoin startup 21 introduces ’21.co lists’ to earn money online
May 02, 2017 05:51 am UTC| Digital Currency
21, a San Francisco-based bitcoin startup, has come up with a new feature 21.co Lists, where individuals can join lists of people with similar skills in order to start receiving targeted, paid microtasks. Users have to...
Cryptocurrency exchange Poloniex adds support for Gnosis token
May 02, 2017 05:44 am UTC| Digital Currency
Leading cryptocurrency exchange Poloniex has announced that it has added support for Gnosis token on its platform. Founded by Martin Kppelmann and Stefan George, Gnosis is a decentralized prediction platform built on...
Emirates NBD launches new blockchain initiative to minimize cheque fraud
May 02, 2017 05:18 am UTC| Digital Currency
UAEs leading banking group Emirates NBD has announced the launch of a new initiative that will integrate blockchain technology into cheques to strengthen their authenticity and minimise potential fraud. Called Cheque...
Norges Bank assesses future form of money, considers digital currency concept
May 02, 2017 04:59 am UTC| Digital Currency Fintech
Norway central bank has joined the list of central banks that are researching the concept of digital currencies. Speaking at Norwegian Academy of Science and Letters, Oslo, on 25 April 2017, Jon Nicolaisen, Deputy...