CryptoCoins News, 1/1/0001 12:00 AM PST Uber and Bitcoin are among the most groundbreaking technologies currently on the market. Uber, part of the so-called sharing economy, has created jobs and helped people arrive at their destination safely. The company has grown, attracting the attention of governments worldwide. The issue for Uber circles on the fact that, in order to drive a […] The post How To Use Bitcoin For Uber appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CoinDesk, 1/1/0001 12:00 AM PST Richard MacManus is the founder and former editor of ReadWriteWeb, a popular tech blog that was launched in 2003 and later acquired by SAY Media in 2011. He now publishes a tech newsletter called Augment Intelligence and authored the book "Health Trackers". In this opinion piece, MacManus talks about the difficulties of running a web-based […] |
CoinDesk, 1/1/0001 12:00 AM PST Bailey Reutzel examines how the bitcoin community's reluctant to engage over standards could harm the digital currency in the long term. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price has been declining all day. The failure to continue higher turns our attention back down in the chart. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: […] The post Bitcoin Price: Again, There And Back Again appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Business Insider, 1/1/0001 12:00 AM PST Blockchain database technology, which underpins digital cryptocurrencies such as Bitcoin, has got finance industry executives very excited. But they may have to cool their jets according to consultant Oliver Wyman and post-trade service provider Euroclear. The companies jointly released a report on blockchain, declaring that "it is likely to take more than ten years to overhaul core parts of the system" in capital markets where stocks and bonds are traded. Blockchain technology allows institutions to directly trade and transact with each other securely, without having to work through a middle-man or record keeper. It has the potential to hugely reduce costs and speed up activity. Investment banks are going gaga for the technology, with 42 signing up for an industry-wide consortium looking at the technology and Goldman Sachs declaring that it has the potential to change "well, everything." The pair think that while "challenger disruptors" will start to develop workable blockchain solutions within the next two years, it will take collaboration between banks to truly change the system and that is a much slower process. On top of that, the systems that need overhauling are simply massive — it's a big job. Here's a visualisation of how Oliver Wyman and Euroclear see adoption going: You could make a case for saying that Euroclear has a vested interest in saying the blockchain will be a slow burner — the post-trade services it supplies are precisely the type of costs that blockchain could cut. But most in the banking industry that I've spoken to say five years is the most optimistic timeline for industry adoption. The report also includes the below handy chart that sums up all the main potential use cases for blockchain technology within financial services: Join the conversation about this story » NOW WATCH: Watch Martin Shkreli laugh and refuse to answer questions during his testimony to Congress |
CryptoCoins News, 1/1/0001 12:00 AM PST With an eye to the future, China’s government is working with Factom, a blockchain based record verification and auditing infrastructure company along with consulting firm iSoftStone to plan blockchain based administration projects for smart cities. The plan will include strategies for storage, auditing and verification services. Named after the Factom brand, Factoids, a token value, […] The post Factom Lands Smart-City Deal With China appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |