Add one more name to the list of industries that blockchain intends to disrupt. After laying off 14 percent of its staff and splitting its operations into two separate units, Consensys Inc., announced yesterday that it was venturing into the municipal bond market. The Brooklyn-based company announced acquisition of Heritage Financial Systems, a Pennsylvania-based registered… Read More ConsenSys Plans to Enter the Muni Bond Market. Will It Succeed?
Germany has become one of the first countries in the world to adopt a blockchain strategy for its economy. The strategy document was released this morning and covers a broad swathe of topics dealing with the use of blockchain and Decentralized Ledger Technology (DLT) in industries. It is aimed at providing a framework of operations… Read More Germany Adopts Blockchain Strategy while Warning Against Libra
Tech giant IBM is developing a blockchain-based browser. The Armonk, New York – based company has filed a patent for a system which will maintain a record of browser events inside a blockchain. The system will also utilize a token to verify browsing activities for each user A Privacy-focused Browser IBM’s filing makes clear that… Read More IBM Files Patent For Blockchain-Based Browser
South Korea is ramping up its blockchain creds. The SME and Startups Ministry of South Korea declared Busan, the country’s second-biggest city by population, a regulation-free zone for development of blockchain technology. As part of the move, the city is being turned into a controlled experiment for development of services related to public safety, tourism,… Read More South Korea Declares Second Biggest City “Regulation-Free Zone” For Blockchain
Cryptocurrencies shot into mainstream consciousness with their volatile price swings and scandals. But their adoption and traction for mainstream use and trading is still abysmally low. South Korean smartphone giant Samsung Electronics recently took a stab at further popularizing coins by integrating private key storage capability in its latest Galaxy S10 edition. “The Galaxy S10… Read More Will Samsung’s Galaxy S10 Spur Crypto Adoption?
Yesterday bitcoin’s price touched a high of $11,650.46 and seemed poised to touch $12,000. Today it has reversed course as a bunch of East Coast economists came out against it. At 13:35 UTC, the price of a single bitcoin was $10,901.48, a drop of 4.68% from its price 24 hours ago. Among the top 10… Read More Bitcoin Price Reverses Course Amid Pessimistic Price Predictions