The Bill and Melinda Gates Foundation have the Level One project to use Digital financial services (including blockchain for identification) for financial services for the world’s poor. Digital financial services (DFS) are among the quickest and most effective ways of turning millions of unbanked citizens into formal financial customers. For the first time in history, …
The Bill and Melinda Gates Foundation have the Level One project to use Digital financial services (including blockchain for identification) for financial services for the world’s poor. Digital financial services (DFS) are among the quickest and most effective ways of turning millions of unbanked citizens into formal financial customers. For the first time in history, …
SenseTime (the “Company”), China’s leading artificial intelligence (AI) company, has successfully raised US$600 million in its Series C round of funding. This gives the company a $4.5 billion valuation. Alibaba Group is taking the lead role for this round of funding and other participants include Temasek and Suning. As the Company set a record by …
SenseTime (the “Company”), China’s leading artificial intelligence (AI) company, has successfully raised US$600 million in its Series C round of funding. This gives the company a $4.5 billion valuation. Alibaba Group is taking the lead role for this round of funding and other participants include Temasek and Suning. As the Company set a record by …
Nasdaq has partnered with Chain, a bitcoin infrastructure firm, for a pilot program to test the use of blockchain for trading shares of private companies. The Chain Protocol is a design for a shared, multi-asset, cryptographic ledger. It supports the coexistence and interoperability of multiple independent networks, with different operators, sharing a common format and …
The Crypto Invest Summit is the biggest investment conference and expo for ICOs, blockchain technology and cryptocurrencies on the west coast. Join us May 1-2 at the Los Angeles Convention Center. Use the code : NextBigFuture30 to get 30% off your admission tickets (not for the ICO pitch). There will 4,500+ attendees at this 2 …
Binance, the world’s largest cryptocurrency exchange by traded value, is planning to open an office in Malta, said founder Zhao Changpeng in an interview from Hong Kong. Binance will soon start a “fiat-to-crypto exchange” on the European island nation, and is close to securing a deal with local banks that can provide access to deposits …
Following a $25 million ICO, award winning startup Proxeus signs a groundbreaking partnership with high-security data center MOUNT10. March 21, 2018 – Proxeus, the workflow engine and document generator for creating blockchain applications, has announced a partnership with data storage facility, MOUNT10. This partnership is a key element in Proxeus’ ambitious goal of disrupting data …
Bitcoin’s underlying blockchain technology has the potential to affect every industry. Trust, inventory and reconciliation Decentralization is valuable for resolving “the cost of trust.” The world is burdened with enormous costs because people can’t trust each other. Skyscrapers are filled with accountants who are constantly reconciling their ledger with the ledger of the other company …
Mobile payments are just one of seven key markets for China’s booming fintech industry. Fintech is short for “financial technology” and refers to the application of technology within the financial services industry. This is information from a Brookings Institution piece, authored by Wei Wang and David Dollar. Other areas include online lending, consumer finance, online …
the National Institute of Standards and Technology (NIST) has released a straightforward introduction to blockchain, which underpins Bitcoin and other digital currencies. (59 pages) A blockchain is essentially a decentralized ledger that maintains transaction records on many computers simultaneously. Once a group, or block, of records is entered into the ledger, the block’s information is …