ConsenSys Plans to Enter the Muni Bond Market. Will It Succeed?

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 investment advisor and broker/dealer for muni bonds. The purchase is … Continue reading ConsenSys Plans to Enter the Muni Bond Market. Will It Succeed?

Germany Adopts Blockchain Strategy while Warning Against Libra

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 for companies and industries to incorporate the technology and minimize … Continue reading Germany Adopts Blockchain Strategy while Warning Against Libra

IBM Files Patent For Blockchain-Based Browser

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 the new system is focused on privacy. Once it is … Continue reading IBM Files Patent For Blockchain-Based Browser

South Korea Declares Second Biggest City “Regulation-Free Zone” For Blockchain

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, and finance using blockchain technology. The idea is to apply … Continue reading South Korea Declares Second Biggest City “Regulation-Free Zone” For Blockchain

Will Samsung’s Galaxy S10 Spur Crypto Adoption?

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 is built with defense-grade Samsung Knox, as well as secure … Continue reading Will Samsung’s Galaxy S10 Spur Crypto Adoption?

Bitcoin Price Reverses Course Amid Pessimistic Price Predictions

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 most-traded cryptocurrencies, Monero continued its upward trajectory. The privacy-focused coin … Continue reading Bitcoin Price Reverses Course Amid Pessimistic Price Predictions