Adding blockchain angle causes a surge in stock prices

Blockchain-related stocks provide an alternative for investors who want in on the boom but are wary of buying cryptocurrencies directly. Companies that touch anything related to blockchain see a surge in their stock price. * Riot Blockchain Inc., formerly known as Bioptix * Overstock (launched an exchange) * 360 Blockchain formerly known as 360 Capital …

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Singapore trying to be the first to put its currency on the blockchain

Deloitte and the Monetary Authority of Singapore (MAS) launched Project Ubin: to the put the Singapore dollar onto a Distributed Ledger (blockchain). The project started in 2016. MAS and The Association of Banks in Singapore (ABS) announced on 5 October 2017 that the consortium which they are leading had successfully developed software prototypes of three …

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7% GDP growth in Vietnam, Philippines start of a fintech-AI-reform powered long World Economic Boom

There could finally be return to a global economic boom (GDP growth over 4%) similar to the PC and internet boom of the 1990s and early 2000s. The Boom years of the 1960s and early 1970s at over 5% global GDP growth could also be possible. This would be seen as coming true if 2018 …

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Hong Kong Considers Blockchain-Based Trade-Financing System

Hong Kong is looking into building a trade-financing system using blockchain technology, a senior official said. Blockchain, the decentralized encryption technology behind cryptocurrencies, could provide “great benefits” to trade finance in countries participating in China’s Belt and Road initiative, said James Henry Lau, Hong Kong’s Secretary for Financial Services and the Treasury, at a forum …

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Neufund creating tokenized economy

Neufund is an ecosystem of smart contracts operating on the Ethereum blockchain. Neufund is a community-owned fundraising platform. It acts as a bridge between the investment world and the blockchain space. By first quarter of 2018, companies will be able to raise equity on the Neufund platform. Startups and established companies alike can legally issue …

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Trading your time and attention for cryptocurrency

mytime is a decentralized blockchain platform with its own cryptocurrency — mytimecoin (MYTC). The number of services that require a human’s attention to operate is growing daily. However, our time is finite and will never be enough for all the activities which genuinely interest us. Our time is the most valuable thing we have. So …

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Blockchain software projects mostly Bitcoin, Ethereum, Ripple written in C++ and Go

The code for Bitcoin was published in April 2009. The number of projects on GitHub related to blockchain has grown significantly, averaging more than 8,600 new projects a year. In 2016 alone, there were almost 27,000 new cryptocurrency and blockchain projects. In 2010, organizations developed less than 1 percent of all projects. By 2017, their …

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Neuromation interview – Blockchain for Artificial Intelligence

An Interview with Sergey Nikolenko, Chief Research Officer of Neuromation, a Blockchain for Artificial Intelligence company. The Neuromation Platform will use distributed computing along with blockchain proof of work tokens to revolutionize AI model development. The revolution is long overdue: deep learning employs artificial neural networks of extremely large capacity and, therefore, requires highly accurate …

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Singapore, HK and China are hot for fintech and blockchain

Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. Singapore adding financial jobs when globally 30% of banking jobs are being automated by 2023 In a plan unveiled Monday, the Monetary Authority of …

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AI, Automation, Digital Finance, Blockchain could boost global GDP growth by over 2% per year

Based on McKinsey scenario modeling, they estimate automation could raise productivity growth globally by 0.8 to 1.4 percent annually. * Deep learning could be worth $17 trillion. As deep learning advances, it should automate and improve technology, transportation, manufacturing, healthcare, finance, and more. Digital Finance could add 6% to world GDP by 2025 which would …

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