Connect with us

News

Forbes magazine named the largest companies that integrate blockchain technology

Published

on

The business publication Forbes presented a list of companies implementing blockchain technology that operate in the US market and have a minimum income or are estimated at more than $ 1 billion.

The magazine has included 50 large enterprises in the Blockchain's Billion Dollar Babies list. Among them are companies from cryptoindustry, traditional financial institutions, food corporations, retail and technology giants and firms from other industries.

Most of the listed companies are globally known names such as Amazon, Walmart, Facebook, ING, BNP Paribas, JPMorgan Chase, Mastercard, Microsoft, IBM or Nestle.

Companies related to cryptocurrencies are listed on Coinbase, a US crypto-bargain and Ripple start-up, as well as the European blockchain company Bitfury.

Forbes also indicated which blockchain protocols the companies he named use. Among the blockchains, various solutions based on Hyperledger, as well as Bitcoin , Ethereum and Corda of the R3 consortium were the most represented. A number of companies, like Oracle, IBM or JPMorgan, are implementing their own blockchains. Moreover, Quorum from the American bank is quite popular with other companies.

As Forbes notes, global corporations are using the underlying cryptocurrency technology “because they want to speed up business processes, increase transparency and potentially save billions of dollars.”

According to the forecast of International Data Corp., total corporate and government spending on the blockchain should reach $ 2.9 billion in 2019, an increase of 89% from a year earlier. By 2022, they will reach $ 12.4 billion, the magazine stressed.

It is noteworthy that according to a survey conducted earlier by Okta, 61% of IT companies with annual revenues of $ 1 billion invest in blockchain solutions. However, according to a Stack Overflow developer survey, 80% of enterprises do not use new technology.

Publication date 17/04/2019
Share this material on social networks and leave your opinion in the comments below.


News

OKEx is going to launch futures on Tron on May 20,

Published

on

OKEx Crypto Exchange announced the launch of futures contracts for Tron (TRX). A new financial product will appear on the trading platform already on May 20 at 10:00 Moscow time.

Justin Sun, CEO of the Tron Foundation, said that with the launch of the OKEx futures platform on the TRX, the number of transactions with a digital coin will reach 15 million per day. Note that on the eve of the network appeared information that the daily number of users of the platform of decentralized applications from Tron reached 100 thousand, exceeding the achievements of Ethereum and EOS.

The Tron project token currently occupies the 11th position in the cryptocurrency rating in terms of market capitalization. Recently, TRX was listed on the P2PB2B crypto exchange, and the number of smart contracts in the Tron-blockchain reached almost a thousand.

OKEx futures will be settled on a weekly, fortnightly, and quarterly basis. The maximum allowable shoulder size for this derivative is 20x. The new tool will combine data for the TRX / BTC pair, taking into account the performance of three crypto-exchanges – Binance, Huobi, OKEx.

TRX futures

By the way, this week the team Tron left Lucien Chen, technical director of the project. He explained his departure to the fact that TRX is no longer decentralized, now Chen is going to develop his own project, the Volume Network (VOL), which will strive to achieve the goals that were moved to the Tron Foundation.

Continue Reading

News

The Central Bank of Great Britain for the first time recognized the huge potential of Bitcoin

Published

on

For the first time, a representative of the Central Bank of Great Britain commented positively on cryptocurrency and Bitcoin , in particular.

For a long time, the British financial regulator spoke extremely negatively about Bitcoin and doubted its reliability as a form of capital preservation.

For example, at the end of April, the Deputy Head of the Office for Markets and Financial Affairs of the Central Bank of the Kingdom, Dave Ramsden, reaffirmed the negative attitude of the regulator to the cryptosphere.

However, this week, the chief economist of the British Central Bank Andrew Haldane, during his speech to the students for the first time, acknowledged not only reliability, but also the gigantic prospects of Bitcoin. In his opinion, the largest cryptocurrency will be able to completely replace cash in the next 20-30 years.

Haldane said that he was following the development of the cryptocurrency industry and was aware of the existence of thousands of coins. Nevertheless, despite the fact that for the first time one of the influential employees of the British Central Bank noted the growing value of Bitcoin, the position of the regulator’s management is unlikely to change anytime soon, analysts say.

But it is quite possible that, following the chief economist, many other senior officials of the Central Bank will reconsider their position, and this will create conditions for the British Bitcoin regulator to be fully recognized as a reliable payment instrument.

Publication date 19/05/2019
Share this material on social networks and leave your opinion in the comments below.


Continue Reading

News

OKEx Exchange will launch TRON

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures. TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC + 1). Details as follows: https: //t.co/344ykd3iGi – OKEx (@OKEx) 17 May 2019 p. The new financial instrument will be available for trading on Monday, May 20. The following are the specifications of the TRON futures: […]

Published

on

cryptocurrency futures

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures.

The new financial instrument will be available for trading on Monday, May 20. The following are the TRON futures specifications:

Derivatives calculations will be made on a weekly, fortnightly and quarterly basis. The maximum possible shoulder size of this futures is 20x. The instrument will be based on data on the TRX / BTC currency pair from OKEx, Huobi and Binance exchanges.

OKEx also reported that more than 557 million OKB tokens were purchased and burned this week. Since the start of the program (May 4, 2019), more than 1 million native tokens of the exchange have been destroyed.

Recall the other day TRON support announced Opera browser.

Follow BlockchainJournal on Twitter !

<< aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

BlockchainJournal.news

BlockchainJournal.news

Continue Reading
Advertisement

Name Price24H (%)
Bitcoin (BTC)
$7,921.00
7.82%
Ethereum (ETH)
$254.63
7.08%
XRP (XRP)
$0.404110
7.27%
Bitcoin Cash (BCH)
$397.66
10.30%
EOS (EOS)
$6.30
6.03%
Stellar (XLM)
$0.140078
4.85%
Litecoin (LTC)
$93.56
7.23%
Cardano (ADA)
$0.085697
5.48%
Tether (USDT)
$1.00
0.12%
Monero (XMR)
$86.69
6.68%
Advertisement

Trending

Copyright © 2018 blockchainjournal.news