BlogHide Resteemsbchainjournal (39)in life • 7 years agosteemCreated with Sketch.BLOCKCHAIN TECHNOLOGY COULD ‘CHANGE OUR WORLD MORE THAN PEOPLE IMAGINE.’ -ALIBABA’S CO-FOUNDERJack Ma, Alibaba’s co-founder, mentioned that blockchain technology could “change our world more than people imagine,” while speaking about the potential of the technology in Hong Kong attending the…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.TRON ACTIVATES ITS MAINNETTRON (TRX), the tenth largest cryptocurrency with a market capitalization of $2.7 billion, announced that its mainnet the TRON Foundation called “Independence Day” was activated on June 25, reported…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.PHARMACEUTICALS GIANT MERCK PLANS TO USE BLOCKCHAIN TO VERIFY THE AUTHENTICITY OF MEDICATIONSPharmaceuticals giant Merck plans to use blockchain to verify the authenticity of medications by following them as they move through the supply chain, reported Coindeskon June 25. Merck filed a…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.BREAKING “THE SILO BETWEEN BLOCKCHAIN-BASED CRYPTOCURRENCY AND THE EXISTING MONETARY SYSTEM” IS A PRIORITY FOR THE PBOCThe Digital Currency Research Lab at the People’s Bank of China has been working hard to develop a cryptocurrency which would be composed of features of both cryptocurrencies and the present…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.THE IMPORTANCE OF PRIVACY FOR CRYPTOCURRENCY AND THE WORLDWIDE ECONOMYMichael J. Casey, the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative explains the importance of privacy for cryptocurrency…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.HOW A CENTRAL BANKER ENVISIONS BITCOIN, DLT AND BANK LEDGER IN THE FUTUREYao Qian, the director-general of the Institute of Digital Money of the People’s Bank of China, explains how he envisions Bitcoin, distributed ledger technology and bank ledger in the future.…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.BLOCKCHAIN IS ‘DEFINITELY AN OPPORTUNITY’ IN THE LONG TERM, SAYS UBS CEOUBS CEO, Sergio Ermotti, said that blockchain is “definitely an opportunity” in the long term to help businesses reduce their costs, according to an interview made by CNBC. He told CNBC, “It’s…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.WHAT IS THE DIFFERENCE BETWEEN LITECOIN AND BITCOIN?Alok Yadav, a cryptoanalyst and researcher at Indian Institutes of Science Education and Research, answers the question on Quora: What is the Difference Between Litecoin and Bitcoin? The two…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.THE WORLD’S LARGEST BLOCKCHAIN INSURANCE GROUP WILL USE R3’S CORDA PLATFORMThe world’s largest blockchain insurance group will use R3’s Corda platform in order to develop new products, reported Coindesk on June 18. The Blockchain Insurance Industry Initiative (B3i)…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.SQUARE IS GRANTED A BITLICENSEThe payment firm Square is granted a BitLicense from New York regulators, according to a press release published on June 18. The New York State Department of Financial Services (DFS) announced that…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.A TRANSITION THAT WILL BRING BLOCKCHAIN FROM NICHE USE CASES TO GENERAL-PURPOSE TRANSACTIONSPaul Brody, a principal and the Global Blockchain Leader at EY, explains a transition that will bring blockchain from niche use cases to general-purpose transactions. We were promised a global…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.FACTOM BLOCKCHAIN INITIATIVE IS GRANTED THE TASK TO SECURE U.S. BORDER PATROL DATAFactom Blockchain Company is granted the task to secure the U.S. border patrol data recorded with cameras and sensors through a platform in a beta version by being awarded a sum of $192,380 during…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.TWO MAJOR RUSSIAN BANKS ARE TESTING CRYPTOCURRENCY PORTFOLIOSTwo major Russian banks, Sberbank and Alfa-Bank, are testing cryptocurrency portfolios for private clients, according to a local news outlet. The two financial institutions will be offering its…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.WHAT’S THE DIFFERENCE BETWEEN THE ETH AND EOS CRYPTOCURRENCIES?Knut Andre, cryptocurrency investors with years of experience and a graduate student that studied business and international economics, answers the question on Quora: What’s the difference between…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.JD.COM PLANS TO ISSUE ASSET-BACKED SECURITIES ON THE BLOCKCHAINE-commerce giant JD.com plans to issue asset-backed securities (ABSs) on the blockchain, reported Cointelegraph on June 13. The subsidiary JD Finance will issue the ABS in collaboration with Huatai…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.WHAT IS THE BITCOIN LIGHTNING NETWORK AND ITS BENEFITS?Abhishek Singh, the Program Director at Blockchain Semantics answers the question on Quora: What is the Bitcoin Lightning Network and Its Benefits? The Lightning Network is a decentralized system…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.BITCOIN’S PRICE INCREASED ABNORMALLY DURING THE RECENT BOOM DUE TO TETHER MANIPULATION, A STUDY SAYSBitcoin’s price increased abnormally during the recent boom due to the manipulation of the U.S. dollar-pegged tether, reported Coindesk on June 13. The new study published by John Griffin and Amin…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.GERMANY’S FINANCE REGULATOR CHIEF: BLOCKCHAIN CAN TURN THE ENTIRE FINANCIAL SECTOR ‘UPSIDE DOWN’Germany’s finance regulator chief, Felix Hufeld mentioned that blockchain can turn the entire financial sector “upside down” and that it is “revolutionary”, reported Coindesk on June 13. During a…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.FINANCIAL INSTITUTIONS HAVE RAISED THEIR BLOCKCHAIN BUDGET OF 67% IN 2017, ACCORDING TO A RESEARCHFinancial institutions have raised their blockchain budget of 67% individually in 2017 with a combined total of $1.7 billion invested for the technology, according to a research published by…bchainjournal (39)in life • 7 years agosteemCreated with Sketch.SOUTH KOREAN BANKS WILL ROLL OUT A BLOCKCHAIN-BASED ID VERIFICATION SYSTEM IN JULYA group of South Korean will roll out a blockchain-based ID verification system in July, reported Coindesk on June 12. The new system called BankSign will be tested during a three months session…
