Blockchain Technology May Become Non Existent in Future Digital Currencies

Blockchain Technology May Become Non Existent in Future Digital Currencies   Although it may be hard to imagine, cryptocurrencies are far older than Blockchain technology. Most of us look at Bitcoin as the first cryptocurrency, although it is only the first Blockchain-based currency. Cryptocurrencies like B-Money and BitGold existed prior to Bitcoin, however, these didn’t really…

Russia’s National Settlement Depository Tests Blockchain Based Bond Trading System

Russia’s National Settlement Depository Tests Blockchain Based Bond Trading System   The National Settlement Depository (NSD), the central depository for Russia’s largest securities exchange group, has announced it is testing a new commercial bond trading platform built on top of the Hyperledger blockchain consortium’s Fabric software. Already, Raiffeisenbank Russia has used the prototype platform to…

South Korea bitcoin ethereum

South Korea is Evolving into an Ethereum Powerhouse

South Korea is Evolving into an Ethereum Powerhouse   As the world’s second largest Ethereum exchange market, South Korea is evolving into an Ethereum powerhouse with a rapidly growing number of active developments, domestic projects and communities. In a move that wasn’t surprising, on Sep. 21 South Korea has passed China in total Bitcoin trading volume. Earlier this week, the biggest…

Accenture Receives Patent for Its Controversial ‘Editable Blockchain’ Technology

Accenture Receives Patent for Its Controversial ‘Editable Blockchain’ Technology   Professional services provider Accenture has secured a patent related to its work on ‘editable Blockchain’ technology as of late September 2017. The permissioned Blockchain would enable parties to edit data in cases of errors or fraud. According to Accenture’s Blockchain practice managing director David Treat, the editable Blockchain concept was intended…

Nasdaq Teams with SEB for Blockchain Mutual Fund Trading Trial

Nasdaq Teams with SEB for Blockchain Mutual Fund Trading Trial   Nasdaq and Sweden’s SEB bank are partnering to trial blockchain for mutual fund trading. Focusing on the Swedish market, the distributed ledger platform aims to allow participants to trade in real time, thereby simplifying the market’s complex, often paper-based transactions. In a statement, Göran Fors, acting head…

Trump Admininstration Doubles Down on US Commitment to Blockchain

Trump Admininstration Doubles Down on US Commitment to Blockchain   The Trump administration is reaffirming its commitment to blockchain as a technology with the potential to improve U.S. government operations. Speaking at Data Transparency 2017, a conference exploring the role of open data in government this week, two senior White House officials emphasized that distributed…

Mastercard May Be Looking to Store Payments Data on Blockchain

Mastercard May Be Looking to Store Payments Data on Blockchain   Multionaional financial services corporation Mastercard may be looking to integrate blockchain into its payments infrastructure. The U.S. Patent and Trademark Office (USPTO) published a new application from the financial giant this week that outlines a solution for a “uniform settlement system” – one that would help…

Blockchain and Cryptocurrencies Are Revolutionizing the Real Estate Sector

Blockchain and Cryptocurrencies Are Revolutionizing the Real Estate Sector   Blockchain, including digital tokens, are revolutionizing many aspects of the real estate market. It was only a matter of time before two industries that have seen similar booms in many regions, would come together. Although the real estate industry is traditionally slow to adopt emerging technologies,…