In the latest review of recent blockchain initiatives – the Chinese authorities supported a major project to study the practical use of blockchain technology, a revolutionary solution for the electricity market in Estonia, and the use of the R3 consortium in the field of logistics. China's largest media group launches blockchain lab Where: China In which area: research Purpose: study of the practical possibilities of the blockchain technology in various business areas Who deals: People Capital, Xunlei Limited Technology used: ThunderChain Link: Press Release Estonian energy market switches to blockchain Where: Estonia In which area: electricity market Objective: Tokenization of…
Author: BlockchainJournal
The research division of Japanese Technology Corporation Sony announced the creation of a contactless hardware crypto-wallet . The device has not yet received the name and uses the popular smart card technology in Japan for communicating with a Bitcoin network or other cryptocurrency. The wallet provides a high level of security due to the storage of coins offline, while also offering ease of use at the level of online services for storing cryptocurrencies . While the usual Trezor One and Ledger Nano S hardware wallets need to be connected to a computer or mobile device using a USB cable, the…
In the future, the Visa payment system may start working with Bitcoin and other cryptocurrencies, if it sees that they are becoming a real payment instrument. Such a statement in an interview with CNBC was made by the CEO of the company Al Kelly. According to him, in the short term, cryptocurrencies do not pose a threat to Visa, but the payment giant is ready to implement new systems if digital currencies are more recognized. “In order for us to feel more comfortable in this environment, there must be a certain market, something akin to fiat currencies. In any case,…
This is surprising, but the world is still full of people who doubt the potential of Bitcoin and other cryptocurrencies. And they stubbornly continue to bend their line despite the fact that: Ingenious businessman Richard Branson admitted that he was “fascinated by the journey into the world of Bitcoin and blockchain” (and his company, Virgin Galactic, offers to buy a ticket to space for Bitcoins). In 2013, the Winklevoss brothers invested $ 11 million in Bitcoin (obtained as a result of litigation with Facebook) – then the cryptocurrency cost only $ 120. Today they are billionaires. John McAfee promised to…
Visa CEO: cryptocurrency is not a big threat, but if necessary, we will support it! According to Al Kelly , CEO of Visa, the company can support cryptocurrency in the future if the global market moves towards embracing consensus currencies such as Bitcoin and Ethereum. Short and Medium Term In the short and medium term, Kelly told Jim Kramer, the owner of Mad Money, that cryptoterms as an asset class do not pose a threat to reserve currencies, which are the basis of Visa products. But he said that as cryptothermia improves in the coming years, Visa will simplify the…
September 2018 brought disappointing results to many cryptocurrency investors and traders. According to data published this week by OK Blockchain Capital, about 25.47% of investors suffered small losses last month, 23.58% said they were “big losses”. Another 24.53% of respondents reported that the situation remained generally flat for them, and only 3.3% of investors reported “large profits”. 5.19% of survey participants reported that they chose to refrain from any activity during this period. At the same time, despite the overall negative trend in the markets, 69% of respondents still look at the prospects for cryptocurrency in the long term. The…
The social network on the blockchain, Minds, announced it has received $ 6 million in funding for the Serie A. Round was led by a famous Bitcoin fan and Overstock CEO Patrick Bern and his venture capital firm, Medici Ventures. According to Minds, Patrick Bern also joined the board of directors of the platform. “We believe that by promoting blockchain technology, we can make people all over the world closer to each other. By eliminating the need to trust the institutions that stand between us, the blockchain gives mankind a chance to reconnect and replace fear, suspicion and fraud with…
Based in Hong Kong, Bitcoin Exchange OKEx announced the delisting of 42 trading pairs with low liquidity and volumes. According to representatives of the platform, we are not talking about the removal of the tokens themselves, but only about the termination of support for trading pairs. These include, for example, ProChain / BTC, Iconomi (BTC and ETH) and AirSwap (BTC and ETH). Getting listed is not final. A key to success. It is our business environment. https://t.co/SpHrlMl1CX – Andy Cheung OKEx (not giving away OKB) (@ AndyC0125) 26 October 2018 “Placing on the stock exchange is not a final process.…
Does Sony open a contactless cryptographic wallet in preparation for a cryptosystem? Sony's research and development department introduced a new non-contact hardware wallet with a cryptocurrency for storage, which may indicate that the e-commerce giant can take a big step into the cryptocurrency space. Laboratory of Computer Science, Sony has prepared a contactless cryptographic wallet . Department of research and development of the Japanese Sony Corporation, Sony Computer Science Laboratories, Inc. published a press release, which reveals their work on a non-contact wallet with cryptocurrencies for the storage of crypto-options, such as Bitcoin, Ethereum, Litecoin and others. The wallet uses…
Rakib experts analyzed at once three normative acts relating to the domestic cryptographic market. Analysts concluded that the bills would prevent the circulation of cryptocurrency in the Russian Federation. The Russian Association of Cryptocurrencies and Blockchains believe that the draft laws do not allow domestic companies and individuals to buy tokens and digital currency abroad, as well as to carry out the initial placement of coins in other jurisdictions. Analysts of the RACS proposed to finalize the bills, making them more universal in terms of the terminology used. It is also necessary to bring to a single standard all the…