Blockchain News
Leading Spanish bank Santander announces its digital cash project on the Ethereum Blockchain.
Santander, a part of the Spanish Santander Group is now using the Ethereum Blockchain to develop a public digital cash system using the Ethereum Blockchain. Santander officials confirmed this project which will make the bank the first to use an ... (Sep 24, 2016, CoinTelegraph)
The Looming War for Blockchain Patents
There's a patent land grab developing in the blockchain space that could potentially make doing business more challenging for those who want to build upon the open-source technology in the future. “Everyone is trying to stake their claim and plot out ... (Sep 24, 2016, CoinDesk)
IPFS Protocol Selects Ethereum Over Bitcoin, Prefers Ethereum Dev ...
IPFS Protocol Selects Ethereum Over Bitcoin, Prefers Ethereum Dev ... (Sep 24, 2016, CoinTelegraph)
BlockApps Brings Ethereum Blockchain Service Offering To China
The move is to enable Chinese companies to create Ethereum blockchain-based solutions in collaboration with Alibaba Cloud Computing and Microsoft Azure China operated by 21Vianet, Tencent, and WanCloud. BlockApps has created a development ... (Sep 24, 2016, CryptoCoinsNews)
Global Blockchain Summit 2016: Sberbank sets out its blockchain strategy
Sberbank sets out its blockchain strategy. Sberbank CTO Pavel Khodalev talked about central bank support for blockchain strategy. Ian Allison. By Ian Allison. September 24, 2016 09:42 BST. Sberbank Building Sberbank is working with Russian government ... (Sep 24, 2016, International Business Times UK)
Blockchain Education Network To Host Bitcoin Airdrops At 4 Chicago Universities
Bitcoin airdrops are a great way to get cryptocurrency into the hands of students in a particular region. Since most students are also part of the Millennials demographic, it seems to be a matter of time until they look into Bitcoin. Blockchain ... (Sep 24, 2016, The Merkle)
Microsoft Launches Project Bletchley Consortium Blockchain Technology
Bletchley v1 slashes the time it takes to deploy a consortium Ethereum network, according to Marley Gray, principal program manager at Microsoft Azure Blockchain Engineering. "It reduces the estimated three-week process of setting up a globally ... (Sep 23, 2016, eWeek)
IBM, China UnionPay Complete Block Chain Pilot Project
(Reuters) – IBM IBM -0.62% said on Friday it completed a pilot project with Chinese credit card company China UnionPay that will facilitate the sharing of loyalty bonus points among banks using block chain technology. Bonus points earned through ... (Sep 23, 2016, Fortune)
IBM, China UnionPay complete block chain pilot project on bank loyalty poi...
IBM, China UnionPay complete block chain pilot project on bank loyalty poi... (Sep 23, 2016, Reuters)
Blockchain Summit Day One: Highlights From Shanghai
A busy first day of Blockchain Summit, part of International Blockchain Week in Shanghai, was filled with product demonstrations and discussions on security and regulation. Presenters included Joseph Lubin, founder of ConsenSys; Tim Swanson of R3; Feng ... (Sep 23, 2016, Bitcoin Magazine)
Tendermint Wins Innovation Award and Announces Cosmos at International Blockchain Week
Blockchain app specialist, Tendermint, winner of the 20,000 RMB prize for the "Most Innovative" Award at the International Blockchain Week Demo Day in Shanghai, has announced the unveiling of Cosmos, a novel blockchain network designed to solve an ... (Sep 23, 2016, Bitcoin Magazine)
Industry Report: Poloniex Ditches NH, Santander Embraces Ethereum
Spanish banking giant Santander has announced it will use Ethereum's blockchain to digitize public cash. EtherCamp founder Roman Mandeleil revealed the news in a recent Devcon2 panel, making Santander the first bank to offer cash through a public ... (Sep 23, 2016, Bitcoinist.net)
Why Bitcoin Spinoffs Are a Dumping Ground For Memes About Get-Rich-Quick Schemes
“You really, really don't want to get involved in this. But, there is some good news, it's worth $0.00000.” It's an unusual sales pitch, even in the world of cryptocurrencies based on bitcoin's code—called altcoins, or sometimes “tokens” when they're ... (Sep 23, 2016, Motherboard)
SWIFT 2.0? Ripple Signs Major Banks to Blockchain Payments Deal
“The creation of GPSG is significant because this represents the first time that major banks have formulated policies to govern the transfer of money across borders using Blockchain. I'm very excited to be a part of this group of forward-looking ... (Sep 23, 2016, CoinTelegraph)
BlockApps Expands Ethereum's Presence in China; Announces New Funding and Key Partnerships
Ethereum is gaining ground in China as innovators have announced key developments and partnerships during International Blockchain Week in Shanghai. BlockApps, an enterprise blockchain platform developer specializing in Ethereum technology, has ... (Sep 23, 2016, Bitcoin Magazine)
Bitwage Seeks to Help Freelancers Gain More Bitcoin-Paying Work
Workers all over the world have been using Bitwage since 2014 to help them obtain Bitcoin digital currency through their freelance work, even if their employer doesn't offer that payment option to them, directly. Now, Bitwage has a new feature to help ... (Sep 23, 2016, CoinTelegraph)
Bitcoin Price Watch; Trading The Weekend Action
As we noted in this morning's bitcoin price analysis, things have been pretty wild this week. Price gave us plenty to go at with our intraday scalp strategy (and in turn, plenty to discuss as part of our intraday analyses) and we have managed to close ... (Sep 23, 2016, newsBTC)
Bitcoin Price Reaching for $600
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price has held support and advanced on $600 and 4,000 CNY earlier today. However, the bear is not yet out of the woods. This analysis ... (Sep 23, 2016, CryptoCoinsNews)
Swiss Finance Infrastructure Firm Testing Blockchain with Digital Asset
A major financial infrastructure provider in Switzerland has partnered with blockchain startup Digital Asset Holdings to build a proof-of-concept focused on securities market infrastructure. SIX Securities Services and Digital Asset will create a ... (Sep 23, 2016, CoinDesk)
Censorship and healthcare's redactable blockchain trapdoor
In a permissionless blockchain, there is no key, making the series of transactions or blocks immutable. In a permissioned blockchain, this “trapdoor key” can be given to miners, a centralized auditor, or shares of the key could be distributed among ... (Sep 23, 2016, CIO)
Bitcoin Weekly Recap 9-23-2016 - DCEBrief
In a first for Bitcoin exchanges, Gemini Trading is reportedly getting ready to host end-of-day Bitcoin auctions on its exchange. Gemini, the Winklevoss twins' ... (Sep 23, 2016, DCEBrief (press release))
Ripple, Big Banks Launch First Interbank Blockchain Group for Global Payments
In an announcement today, blockchain and Fintech startup Ripple has revealed that banks are getting closer toward uniform policies and governance for the transfer of money over blockchain. The Global Payments Steering Group (GPSG) sees six founding ... (Sep 23, 2016, CryptoCoinsNews)
Large-Scale Blockchain Adoption by Financial Services Requires Time and Investment
“Distributed ledger technology (DLT), more commonly called blockchain, has captured the imaginations, and wallets, of the financial services ecosystem,” notes the report, citing a few statistics as evidence, including news that over the past 3 years ... (Sep 23, 2016, Wall Street Journal (blog))
The Long History and Disputed Desirability of Alternative Bitcoin Implementations
The question whether alternative software implementations for Bitcoin are desirable has been discussed for years. These implementations, or clients, are essentially computer programs that connect to, and therefore become part of, the network. The ... (Sep 23, 2016, Bitcoin Magazine)
MIT Study: Bitcoin Not Popular with Students
A study by the Massachusetts Institute of Technology (MIT) has found that, contrary to popular belief, bitcoin is not the payment of choice for students. In 2014, two MIT students, Jeremy Rubin and Dan Elitzer, raised $500,000 and started the MIT ... (Sep 23, 2016, CryptoCoinsNews)
Bitcoin For Night Owls
The Winklevosses have started a daily bitcoin auction for night owls, a profiteer-cum-criminal of bitcoin denies the digital currency is money after all and Purse and Unocoin are hitching a ride on Amazon's Indian locomotive. Meanwhile, Bitfinex is ... (Sep 23, 2016, PYMNTS.com)
First Block Mined With Bitcoin Unlimited Gets to China in Milliseconds
According to a statement on the website of Bitcoin.com, the major dichotomy between the Unlimited and the Bitcoin Core protocol is the former's ability to allow miners and nodes to choose the size they want. Roger Ver, CEO of Bitcoin.com reiterated his ... (Sep 23, 2016, CoinTelegraph)
World's Largest Mining Company to Use Blockchain for Supply Chain
The world's largest mining firm by market value intends to begin using the ethereum blockchain to improve its supply chain processes. BHP Billiton revealed at the second annual Global Blockchain Summit that it will use blockchain to record movements of ... (Sep 23, 2016, CoinDesk)
Ethereum's network is currently suffering from a computational DDoS attack
Ethereum network hit by computational DDoS attack. Ethereum's founder says attackers are laying siege to its network, causing it to slow down greatly. Mary-Ann Russon. By Mary-Ann Russon. September 23, 2016 11:06 BST. Ethereum, the world's computer ... (Sep 23, 2016, International Business Times UK)
Wall Street Blockchain Alliance Sees Applications in Authenticated Content And Certification
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. The Wall Street Blockchain Alliance Certification Framework (WCF) has announced it will use distributed ledger technology to authenticate ... (Sep 23, 2016, CryptoCoinsNews)
Bitcoin Price Watch; Spiking In To The Weekend
So the end of the week is here, and it's time to take a penultimate look at the bitcoin price market before we kick off the weekend. Price has been pretty volatile across the last few days, and with this volatility has come plenty of opportunity to get ... (Sep 23, 2016, newsBTC)
RBS tests demonstrate ability of Ethereum to support a national domestic payments system
The Innovation Engineering team at Royal Bank of Scotland has built a Clearing and Settlement Mechanism (CSM) based on the Ethereum distributed ledger and smart contract platform. The project, dubbed Emerald, was setup to explore the creation of a ... (Sep 23, 2016, Finextra (press release))
Ethereum Network Comes Across Yet Another DOS Attack
Ethereum is definitely heading towards trouble. The promising blockchain-based smart contracts protocol has been facing a lot of issues in the recent days, the latest one being yet another DOS attack. A brief alert about the latest DOS attack was ... (Sep 23, 2016, newsBTC)
Ethereum Classic Price Technical Analysis – ETC Bounces Sharply
Ethereum classic price made a new low against the Bitcoin, and then managed to recover sharply. There was a bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx), which the buyers managed to clear recently. The price is now back ... (Sep 23, 2016, newsBTC)
Ethereum Price Technical Analysis – ETH Trims Gain, Recovers
Ethereum price made a short-term top yesterday against the US Dollar as I pointed out. There was a sharp decline, as the ETH/USD pair fell below the $12.50 support area and somehow managed to hold $12.25. Yesterday's highlighted bearish trend line on ... (Sep 23, 2016, newsBTC)
Google Cloud Joins Amazon, IBM in Serving Blockchain Clients
Royal Bank of Scotland Group has employed Google servers in a trial of a new blockchain application for clearing and settlement, the consulting firm GFT said Friday in a statement. The company's cloud services will also be used by other bank clients of ... (Sep 23, 2016, Bloomberg)
Bitcoin Price Technical Analysis for 09/23/2016 - Another Bearish Flag?
The 100 SMA is still above the longer-term 200 SMA on this time frame, suggesting that bulls could still push bitcoin price back up. After all, price is still finding support at the longer-term ascending channel bottom and the dynamic inflection point ... (Sep 23, 2016, newsBTC)
Blockchain to Drive Wanxiang's $30 Billion Smart Cities Initiative
Auto giant Wanxiang announced today that it will use blockchain technology as part of its newly announced smart cities initiative. Revealed at the Wanxiang-sponsored Global Blockchain Summit, the company intends to invest ¥200bn ($30bn) over the next ... (Sep 23, 2016, CoinDesk)
IBM, China UnionPay Develop Blockchain Loyalty Points Exchange
International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points. In a proof-of-concept revealed today, IBM and China UnionPay have developed a platform that allows ... (Sep 23, 2016, CoinDesk)
IBM in blockchain project with China UnionPay — FT.com
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership ... (Sep 23, 2016, Financial Times)