Archive for the ‘bitcoin’ category

Jan 24, 2020

Riyadh City Picks IBM to Integrate Blockchain in Government Services

Posted by in categories: bitcoin, government

The municipality of Saudi Arabia’s capital city Riyadh has partnered IBM to facilitate government services and transactions on a blockchain.

Under terms of the partnership, early blockchain-tech mover IBM will work with Elm Company, the municipality’s technology partner, to develop an implementation strategy to plug government transactions and commercial services to citizens and residents on a blockchain, reports.

The city administration, IBM and Elm will further sync with key government departments and private and semi-government sectors over a number of workshops to determine the services that can be transformed by blockchain.

Jan 17, 2020

Blockchain In Fintech: The New Age Of Banking

Posted by in categories: bitcoin, business, finance, internet…/

The application of Blockchain in Fintech is proving that virtually every industry aspires to implement the technology in its internal process. Today, tasks that previously required bulky machines, tangible or physical currencies, and human hands have been efficiently digitised.

There are copious technological advancements making waves in almost every sphere of global business, and the financial service industry is no exception. Therefore, many will agree that the fintech industry is one of the fastest-growing sectors of the decade.

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Jan 17, 2020

HSBC Adopts R3 Corda Blockchain For Letter Of Credit On Blockchain

Posted by in categories: bitcoin, finance, robotics/AI

There is countless paperwork involved in conventional trading systems across borders. For instance, exporters and importers have to wait for their respective banks to verify purchase and receipts before issuing a letter of credit.

All because there is no trust within the system. So, the need for a trustless system that will automate a letter of credit is a must.

The average time to issue a Letter of Credit is 5–10 working days. However, that won’t be the case for a letter of credit on the Blockchain.

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Jan 9, 2020

Dunwoody becomes latest metro Atlanta government hit by cyber attack

Posted by in categories: bitcoin, cybercrime/malcode, government

Dunwoody officials said Thursday that no data was compromised during the ransomware attack, which was detected on Christmas Eve and is now under investigation by the FBI. The intrusion was quickly identified by staff, which worked with the city’s computer security contractors at InterDev to shut down servers and disconnect computers in order to limit the impact of the attack.

“As soon as we detected a problem, we took immediate steps to protect the city’s infrastructure,” Ashley Smith, InterDev’s director of government services, said in a news release. “Data back-ups were used to fully restore systems with no loss.”

Dunwoody police Chief Billy Grogan said the attackers demanded a ransom be paid in bitcoin, a digital currency. He declined to reveal the amount requested but said the city did not pay.

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Jan 6, 2020

What will happen to cryptocurrency in the 2020s?

Posted by in categories: bitcoin, cryptocurrencies

Crypto in the 2020s: scalable and private blockchains, barbell adoption, crypto as a core part of tech, and adoption by institutions and governments.

Jan 5, 2020

Thanks Boomer? Bitcoin-Friendly Generations to Inherit $70 Trillion

Posted by in category: bitcoin

Data from Coinshares underscores the wealth from days gone by which will ultimately fall into the hands of those who are sympathetic to Bitcoin as sound money.

Those who consider Bitcoin sound money will benefit from Baby Boomers to the tune of three times of U.S. GDP.

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Jan 3, 2020

My 1 year Mesenchymal Stem Cells Update

Posted by in categories: biotech/medical, bitcoin

My mission is to drastically improve your life by helping you break bad habits, build and keep new healthy habits to make you the best version of yourself.

- Please consider donating: or my Bitcoin Cash (BCH) address: qr9gcfv92pzwfwa5hj9sqk3ptcnr5jss2g78n7w6f2

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Dec 31, 2019

HoloPort Testing Begins

Posted by in categories: bitcoin, evolution, internet

Holochain is a next generation protocol and an evolution of blockchain for web 3.0 leading to a more distributed world.
We are en route to build a more healthier, more empowered internet!

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Dec 30, 2019

Secretary-General Says United Nations Must Embrace Blockchain

Posted by in categories: bitcoin, cryptocurrencies, sustainability

In September 2018, United Nations secretary-general António Guterres gave a speech on the global lack of trust, or what he called a “trust deficit disorder.” He just gave a similar speech, this time discussing blockchain specifically. The organization isn’t just motivated to build a more sustainable world or reducing waste from their supply chain, but as American support has waned, donors are demanding assurance their donations are being spent for the purpose they were intended.

United Nations secretary-general António Guterres says the intergovernmental giant needs to embrace blockchain. In a statement provided to Forbes by the secretary-general’s office, Guterres touted the technology first made popular by bitcoin as a crucial component of the organization that generate’s $50 billion in revenue annually.

Coming at a time when the president of China has touted blockchain as a national priority, and the $6 billion United Nations Children’s Fund has started accepting bitcoin and ethereum donations for some of its projects, the statement from Guterres shows that cryptocurrency and the underlying blockchain technology is being seriously explored at the highest levels of the largest organizations in the world.

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Dec 29, 2019

Inside The Cryptocurrency Revolution | VICE on HBO

Posted by in categories: bitcoin, business, cryptocurrencies, internet

Bitcoin’s emergence as a global digital currency has been as revolutionary as it has been erratic. But while fledgling investors obsess over every fluctuation in the cryptocurrency market, nation-states are more interested in the underlying blockchain technology and its ability to revolutionize how business is done on the internet and beyond. VICE’s Michael Moynihan travels to Russia with Vitalik Buterin, inventor of the ethereum blockchain, to get a front-row seat to the geopolitical tug of war over Internet 3.0.

Check out VICE News for more:

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