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Month: August 2017

The Database Giant Oracle Finally Joined Hyperledger Blockchain Project

The Database Giant Oracle Finally Joined Hyperledger Blockchain Project

The multinational computer technology corporation Oracle has announced that the company has joined up with the Hyperledger project , the Linux Foundation-led blockchain development effort. Just lately, Oracle joined up with the Hyperledger consortium due to the consortium’s program to blockchain utilizing open source partnerships, horizontal/cross-industry technology support, modular architecture, as well as support for business needs. Oracle seeks to participate in Hyperledger for the advantage of the global client base as well as the industry in particular. In joining…

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HSBC, Barclays Join up Settlement Coin as Bank Blockchain Test Gets Into New Phase

HSBC, Barclays Join up Settlement Coin as Bank Blockchain Test Gets Into New Phase

A number of the world’s biggest banks have exposed a list of ways to advance a venture focused at making it simpler for central banks to issue currencies on a blockchain technology. Referred to as “Utility Settlement Coin (USC)”, this particular project is made in order to help future plans for central bank cryptocurrencies by making it simpler for global banks to do numerous types of transactions with one another utilizing collateralized assets over a custom-built blockchain. The next stage…

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Colombian Central Bank is Testing Out R3 Distributed Ledger Software

Colombian Central Bank is Testing Out R3 Distributed Ledger Software

The Banco de la República Colombia, the state-run central bank of the Republic of Colombia, has formalised an agreement with software firm R3 to experiment with and test the latest distributed ledger technology, Corda, an announcement reported today. Corda is greatly influenced by and carries the advantages of blockchain systems, however with design choices making it capable of meeting the needs of regulated banking institutions. According to the news, Banco de la República Colombia has become the newest member to…

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Russia’s Vnesheconombank Exposes New Blockchain Research Center

Russia’s Vnesheconombank Exposes New Blockchain Research Center

Vnesheconombank (VEB), a state corporation established by the Russian Federation, and a few government ministries have launched a brand new research center specializing in blockchain as well as other technologies. Based inside the National University of Science and Technology situated in Moscow, the center will create a portion of the wider digital effort being carried out within the Russia government in the behest of Vladimir Putin – the current President of Russia. Government entities which are involved in the facility…

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Vietnam Is Getting Ready to Legally Acknowledge Bitcoin

Vietnam Is Getting Ready to Legally Acknowledge Bitcoin

Vietnam is getting ready for legislation in order to legalize Bitcoin as a method of payment by the year 2018. Vietnam’s prime minister has approved a plan which could start to see the country officially acknowledge Bitcoin as a method of payment. As reported by the regional news services Vietnam News Agency (VNA), the Prime Minister, Nguyen Xuan Phuc, has assigned the Central Bank, the Ministry of Finance, as well as the Ministry of Public Safety of Vietnam to come…

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Midea, Appliance Manufacturing Giant, Wants to Place Bitcoin Miners in Household Appliances

Midea, Appliance Manufacturing Giant, Wants to Place Bitcoin Miners in Household Appliances

Midea Group, a leading Chinese electrical appliance manufacturer, is aiming to patent an approach for mining Bitcoin with home items, public records reveal. The formerly unreported application was sent in last November and released a few months ago by the State Intellectual Property Office (SIPO) of the People’s Republic of China. The application of the company includes a wide range of appliances, such as dehumidifiers, air conditioners, and TVs to be designed with specialized mining chips integrated inside. The moment…

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Congressional Candidate Patrick Nelson Is Now Taking Bitcoin Donations for 2018 Election

Congressional Candidate Patrick Nelson Is Now Taking Bitcoin Donations for 2018 Election

A US candidate for House of Representatives in 2018 has declared he’s accepting donations using Bitcoin, in a move which is considered to be the first of its kind in congressional fundraising events. Patrick Nelson, who filed last January – according to the report in February from regional newspaper, The Times Union, is running in the election in New York’s 21st Congressional District Nelson, a former staffer at New York’s State legislature and confirmed Bernie Sanders enthusiast, is progressing a…

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The Latest Version of the Opendime Bitcoin Wallet Is Available

The Latest Version of the Opendime Bitcoin Wallet Is Available

Coinkite is about to start the newest version of its Opendime Bitcoin hardware wallet. The startup announces today that the third version of its famous USB stick wallet, the newest design, will include a number of adjustments in the hardware front, and also a few adjustments to the software. One of the most significant changes in the physical feature of the product is the expansion of its length – coming from 40 mm to 47 mm. This move is needed…

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Philippines Central Bank Permits Very First Cryptocurrency Exchange Licenses

Philippines Central Bank Permits Very First Cryptocurrency Exchange Licenses

The Philippine central bank – the institution now referred to as the Bangko Sentral ng Pilipinas (BSP), has given the necessary licenses to 2 local bitcoin exchanges, as mentioned in the reports. The developments were announced last Sunday by the Daily newspaper, The Philippine Star, that also quoted statements coming from Nestor Espenilla Jr – Deputy Governor of Philippine Central Bank. The central bank first gave out rules for domestic exchanges last February, which focused to lay down the groundwork…

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Japan’s BitFlyer to Market Bitcoin in US Market

Japan’s BitFlyer to Market Bitcoin in US Market

BitFlyer, the leading Japanese Bitcoin exchange has announced its expansion into the US market. Representatives of Bitflyer USA Inc, which is headquartered in San Francisco, announced that it has acquired approval to run in about 34 states in the USA the moment it releases. Still, it is not clear as to when precisely the exchange launch will happen, however, bitFlyer said announced today that it will be launched by the Fall of 2017. Yuzo Kano, CEO, and Founder, said in…

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