Samsung Backed blockchain provider building smart credit management system for Islamic banks The research side of the Saudi Arabian Islamic development bank group is looking to develop a blockchain based smart credit management system. In order to make this a reality, the islamic research and training Institute of the bank has teamed up with Samsung […]
Month: June 2020
The Payment System is a Mess – Can Blockchain Really Solve the Problem?
The Payment System is a Mess – Can Blockchain Really Solve the Problem? Since the emergence of blockchain, many firms have attempted to use it to solve the challenges in payments. Blockchain’s capabilities appear to lend themselves well to payments. Since the emergence of blockchain technology, many firms have attempted to use it to solve […]
Wilshire Phoenix’s Potential Challenger to Grayscale Bitcoin Trust GBTC
Wilshire Phoenix’s Potential Challenger to Grayscale Bitcoin Trust (GBTC) On Friday (June 12), Wilshire Phoenix Funds, LLC filed a registration statement (Form S-1) with the U.S. Securities and Exchange Commission (SEC) for its proposed "Bitcoin Commodity Trust" (BCT). Will Grayscale Bitcoin Trust (GBTC) finally have some competition?Wilshire Phoenix, which was founded in 2018, is "a […]
Crypto Community Finds Red Flags in Crypto Podcaster’s 12 BTC Loss as Donations Pour In
Crypto Community Finds Red Flags in Crypto Podcaster's 12 BTC Loss as Donations Pour In The cryptocurrency community is sending donations to popular podcast host Eric Savics after he announced his entire bitcoin savings had been stolen in a phishing scam. Several red flags have since started showing up, including his profile being set to […]
Bitcoin Price Falls As Concerns Mount Over a Potential Second Wave of COVID-19
Bitcoin Price Falls As Concerns Mount Over a Potential Second Wave of COVID-19 Rising concern over a potential second wave of COVID-19 have spooked the world's stock markets, which means that the short-term correlation with U.S. stocks that we have witnessed on occasion over the past few months has returned. The reason for this concern is fresh […]
The USDT Supply on TRON Surpasses a Major Milestone
The USDT Supply on TRON Surpasses a Major Milestone When people think of Tether’s USDT stablecoin, the Ethereum blockchain will be mentioned relatively quickly. However, it seems as if the USDT issuance on TRON is also on the rise, as its circulation amount surpassed $2.5 billion.It is rather interesting to see how the USDT supply […]
Nexo Finance CEO Talks Crypto Lending On Recent Podcast Interview
Nexo Finance CEO Talks Crypto Lending On Recent Podcast Interview During a recent interview by the Cryptotesters podcast , the Nexo CEO, Antoni Trenchev provided a lot of insight on the Nexo crypto lending platform. Antoni talked about product offering, digitized gold, potential tax benefits, and more. With being a regulated entity, the company continues to […]
Bitbengrab is the 247 Arbitrage Trading Opportunity Traders Crave
Bitbengrab is the 24/7 Arbitrage Trading Opportunity Traders Crave Cryptocurrency trading has indeed evolved this past decade – from being a space where looking for fellow traders was highly dependent on chat forums to becoming one of the most ubiquitous activities in finance as adoption frequently tends towards new horizons. As a result, there are […]
TRANSFORMATIONAL CHANGE IN A DIGITAL UNIVERSE
TRANSFORMATIONAL CHANGE IN A DIGITAL UNIVERSE GOING BEYOND DIGITAL TRANSFORMATION. The future is in technology, but the bigger future is in transcending it. Right now we are experiencing exponential change with the term Digital Transformation re-emerging to what was a fuzzy and undefined topic where many talked about it but didn’t really understand its true […]
Top US Bank Regulator: Bitcoin Ethereum and XRP Solve Many Problems Hindering Legacy Financial Institutions
Top US Bank Regulator: Bitcoin, Ethereum and XRP Solve Many Problems Hindering Legacy Financial Institutions The Trump administration’s new Acting Comptroller of the Currency, Brian Brooks, is pitching blockchain technology as a potential game changer in the banking industry. Brooks, the former chief legal officer at the cryptocurrency exchange Coinbase, is now leading the federal […]