Thursday, June 1, 2023
BLOCKCHAIN & CRYPTOCURRENCIES

BLOCKCHAIN & CRYPTOCURRENCIES

Why banks shouldn’t fear blockchain

The blockchain will transform banking, and banks need to be leading that change. Read more: www.weforum.org

India’s currency ban will push FinTech and bitcoin adoption

To put this currency ban into perspective, an e-wallet provider, Paytm, noted a 1,000% user base increase since the banknote ruling went into effect. Read more: www.livebitcoinnews.com

Skype competitor, Bitphone, closes down

Bitphone, the first-ever encrypted Skype competitor, not only plugged the security holes of Skype but accepted Bitcoin payments for their service directly. Read more: www.bitcoinist.com

IBM, China UnionPay develop blockchain loyalty points

International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points. Read more: www.coindesk.com

Credit China FinTech joins Blockchain Business Council

Credit China FinTech Holdings Limited has been appointed as a founding member of the Global Blockchain Business Council ("GBBC"). Read more: finance.yahoo.com

How blockchain can help fight cyberattacks

Blockchain is the culmination of decades of research and breakthroughs in cryptography and security, and offers a totally different approach to storing information. Read more: www.fintechranking.com

Microsoft announces Asia’s ‘first blockchain consortium’

The consortium aims to bring increased efficiency with lower costs and faster settlements in the Taiwanese financial market. Read more: www.cryptocoinsnews.com

Bitfinex releases initial relaunch plans for bitcoin exchange

Digital currency exchange Bitfinex is planning to slowly re-enable user access following a recent hack and loss of nearly 120,000 bitcoins. Read more: www.coindesk.com

IBM launches blockchain cloud services on security server

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. Read more: bitcoinmagazine.com

Bank of England seeks to accelerate Blockchain work

A senior Bank of England official says the central bank's fintech accelerator is looking for new blockchain opportunities. Read more: www.coindesk.com

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