Bank of China to use blockchain to boost poverty alleviation efforts in Tibet: Report
May 23, 2018 06:50 am UTC| Digital Currency
Bank of China, a leading state-owned commercial banks in China, will use blockchain technology to back its efforts aimed at alleviating poverty in the Tibet Autonomous Region, according to China Money Network. The bank...
Top ten cryptocurrencies likely to go through the roof soon: John McAfee
May 23, 2018 06:01 am UTC| Digital Currency
IT and cybersecurity expert John McAfee believes that the cryptocurrency market will soon turn bullish with the influx of institutional investors. Recent surveys and announcements from banking giants also suggest that...
South Carolina issues cease and desist order against blockchain startup ShipChain
May 23, 2018 05:10 am UTC| Digital Currency
The Securities Commissioner of South Carolina has issued cease and desist order against ShipChain, a blockchain-based solution provider for the transport and logistics industry, for violating the states securities...
Australia’s DTA seeks to bring blockchain technology to welfare payments
May 23, 2018 04:16 am UTC| Digital Currency
Australias Digital Transformation Agency (DTA) is planning to explore using blockchain technology for delivering welfare payments, ZDNet reported. The announcement comes on the heels of the governments budget 2018-19 in...
Indian IT giant HCL Technologies joins Blockchain in Transport Alliance
May 23, 2018 03:32 am UTC| Digital Currency
Indian multinational IT services company HCL Technologies is the latest to join Blockchain in Transport Alliance (BiTA). Formed in August 2017, BiTA is the transportation and logistics industrys trade association for...
Energy Demand of Cryptocurrency is Becoming a Growing Concern
May 22, 2018 13:58 pm UTC| Digital Currency
There are several disadvantages that cryptocurrency has. Its volatile. Regulation around it is in its infancy stage. But perhaps the biggest setback it brings is the amount of energy it consumes in order to achieve...
May 22, 2018 13:51 pm UTC| Digital Currency Technicals Insights & Views
Bitcoin cash (BCHUSD) has dipped below $1,200 levels. While the minor trend of this pair slides through sloping channel, where the hanging man pattern which is bearish in nature pops up at the stiff resistance. Both...
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