Tag Archives: blockchain

Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry

Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry

Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology in the handling of digital invoices. Disrupting China’s Counterfeit Invoice Market Faked official invoices are big business in China. One person who creates these legal proof of payments — “fapiao” […]

Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, so you should conduct your own research when making a decision. The past few months in Bitcoin’s history have been very interesting to watch, especially when honing in on its price fluctuations as a gauge of where it is […]

Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year

Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year

Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has announced its plans to launch a crypto asset exchange this year, in a company press releaseWednesday, May 23. A new subsidiary, MF Financial Co., Ltd., that launched today will be devoted to the company’s new crypto exchange project, and will be […]

Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain

Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain

Several major global banks have successfully completed a cross-border payment pilot test using Thai bank Krungsri’s (Bank of Ayudhya) Blockchain Interledger, according to a press release May 22. The pilot, conducted in the Bank of Thailand’s (BOT) regulatory sandbox, was executed by Japan’s Mitsubishi Group, their banking unit MUFG Bank, and the Standard Chartered Singapore bank. The […]

Walmart Looks to Blockchain for Retail Product Resales

Walmart Looks to Blockchain for Retail Product Resales

A new patent application from retail giant Walmart shows how blockchain could be used to augment its digital offerings for consumers. The document, released last Thursday by the U.S. Patent and Trademark Office, outlines a blockchain ledger which would track the items that stores sell to a particular customer. It’s the latest example of an intellectual […]

A New Startup Has Zooko and Naval Betting on Better Crypto Contracts

A New Startup Has Zooko and Naval Betting on Better Crypto Contracts

If a series of high-profile vulnerabilities weren’t enough to persuade you that today’s smart contracts are insecure, a group of computer scientists that have been researching them since the 1980s just might. Announced Monday, computer scientists Mark Miller, Dean Tribble, Brian Warner and Bill Tulloh have launched a new startup, Agoric, to develop a secure, blockchain-agnostic programming language based […]

OPEN Presents Innovative Protocol Blockchain for Interoperability*

OPEN Presents Innovative Protocol Blockchain for Interoperability*

Cryptocurrencies and blockchain, undoubtedly, will disrupt companies and entire industries in the near future. OPEN Platform has been working hard from day one to push this vision forward by creating the tools that allow any developer anywhere to accept cryptocurrencies in a plug-and-play manner. This has the potential to tap into the $400 billion of cryptocurrencies, the […]

Kraken Donates $1 million to Coin Center, Backing Blockchain Research

Kraken Donates $1 million to Coin Center, Backing Blockchain Research

Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators. Kraken Backs Blockchain Think Tank Executive Director of Coin Center, Jerry Brito, made the surprise announcement at the […]