A new report from Morgan Stanley Research finds that two major initiatives—digitizing its predominantly cash-based economy and reforming its archaic tax system—have the potential to amplify India’s expansion, making it one of the world’s fastest-growing large economies over the next 10 years. “The country was already on a strong trajectory, but digitization puts India’s nominal …
Bitcoin set a new intraday high price record of $6,064, according to CoinDesk’s Bitcoin Price Index (BPI). The previous all-time high set on October 13, when the price rose to $5,856.10. Brian WangBrian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked …
IBM today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers. Using IBM Blockchain, and in collaboration with technology partners Stellar.org and KlickEx Group, the solution is intended …
The Zilliqa team expanded their network to 3,600 nodes (6 shards), and they observed a peak throughput of 2,488 transactions per second. Zilliqa is a blockchain developed by National University of Singapore researchers. They are planning to write another article to share more technical details, but for now we would like to highlight the tasks …
Bitcoin is at $5750 and some exchanges had bitcoin at $5800. Bitcoin has an overall market valuation of $95 billion. Investors believe the momentum is warranted given the results of the last hard fork in August, which split the network in two, but did so in a way that fairly safely created a new asset …
A cryptocurrnecy hard fork is a software upgrade that introduces a new rule to the network that isn’t compatible with the older software. You can think of a hard fork as an expansion of the rules. A new rule that allows block size to be 2MB instead of 1MB would require a hard fork. Nodes …
Bitcoin has an intraday high of $5280 and ended yesterday at $5226. Week-on-week, BTC is up 18.75 percent, while month-on-month it’s up 23 percent. The new record broke a previous all-time high of $5,013 set in September. The cryptocurrency dropped to a low of $2,980 in mid-September on the news China had banned token sales …
Neuromation is building a critical component of the budding AI eco-system and plan to capitalize on the first-mover advantage: The Neuromation Platform provides an exchange and an ecosystem where participants can either contribute or purchase the components of an AI model. The Platform will use distributed computing along with blockchain proof of work tokens to …
Neuromation is creating a distributed platform to service all aspects of future synthetic data ecosystem. The platform will allow users to create dataset generators, generate massive datasets, train deep learning models. Users will also be able to trade datasets and models in the platform marketplace. They plan to take advantage of the latest trends in …
OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with the Infocomm Media Development Authority (IMDA), has become the “first consortium” in South East Asia to complete a proof of concept for a know your customer (KYC) blockchain. The parties say the development “raises the possibility” of using blockchain to make KYC “more efficient …
Quoine is the first global crypto fintech company to receive an official license from the Japan Financial Services Agency (JFSA) on Friday, 29th September 2017. QUOINE operates QUOINEX, a cryptocurrency exchange and high performance trading platform that went global since May 2014. At its core, QUOINE is focused on stringent security measures on QUOINEX and …