Global debt is one of the main contributors of monetarily based emergencies such as the global depression in 2008. Projections show that excessive debt is one of the main challenges facing economies and markets the world over. Slower growth is therefore expected if such concerns are not addressed. However, blockchain technology promises to play a role in helping resolve this problem. Through Tokenisation, it is now possible for individuals to hold stakes in digital assets that would help them overcome financial uncertainties. Onus Coin is pioneering this filed by helping individuals reduce their financial debt. Onus coin platform will help users to borrow loans from one another, store their assets and gain value on loans. These assets could not be insured in the traditional systems like banks which do not lend to certain individuals based on a risk assessment which is skewed. In addition, the Onus system helps and offers a form of..
The first day of trading for CBOE's bitcoin futures contracts is over and the day largely went according to plan, according to its CEO. Source:..
A presentation by the bank's wealth management execs declared that blockchain technology has a lot of potential, but was lukewarm of cryptocurrencies. Source:..
Gamers can now begin having marathon gaming sessions again as Bitrefill is now allowing gamers to buy Steam vouchers with Bitcoin and Litecoin. With the recent news that the Steam games platform would no longer be accepting Bitcoin as a payment option, many gamers erupted into rage over the decision by Valve. However, Valve did say that the use of Bitcoin as a payment option had become “untenable” for them. Yet it’s always darkest before the dawn, and a new hope has emerged to keep gaming addicts comfortably ensconced in front of their TVs and monitors. Fans of the Steam platform can now buy globally redeemable vouchers from Bitrefill using Bitcoin. The vouchers are denominated in EUR but the company promises that the vouchers can be used globally. The announcement was made on the Bitrefill blog, which reads: We’re happy to announce that you can now again pay for your Steam gaming with Bitcoin–buying Steam vouchers..
Bitcoin is already the world’s most popular digital currency. It’s recent skyrocketing in price has led to a massive upsurge in account openings and trading as people look to climb aboard the Bitcoin bandwagon. In recent weeks, the number of new Bitcoin accounts has seen a major upsurge. In addition, trading in Bitcoin has reached unprecedented levels. This is in light of the expected launch of the Bitcoin futures contracts by Cboe and CME. This move has helped push the Bitcoin frenzy into overdrive, which resulted in the price of Bitcoin temporarily crossing $18,000 before dropping back down to $15,000. How Many Accounts Have Been Opened? Blockchain, a wallet service for the cryptocurrency, said that it saw a record 500,000 accounts opened within just four days. This has taken the total number of accounts opened thus far to about 20 million, which is double what it was a year ago. Besides that, transactions have been ramped up..
One of the most talked about technologies in development for bitcoin is the Lightning Network. But what does it do, and when might it be ready? Source:..
The zcash development team is planning a series of network upgrades for next year, according to a roadmap published today. Source:..
KYC.Legal, which is working to create a fast, reliable personal identification system based on blockchain technology to meet know-your-customer (KYC) requirements, has assembled a formidable team of advisors for their project, which has now been made even stronger by new advisors Vibhuti Jha and Allan Young. Allan Young Allan Young is a successful entrepreneur with experience in technology, venture capital, private equity, and asset management. He got his start in technology and finance as part of the founding team that launched a $20 million student-run venture fund which achieved 4 IPOs in a portfolio of 15 investments. He was a co-founder of a start-up in advertising technology which was subsequently sold to Rakuten, whose Rakuten Ichiba e-commerce platform is Japan’s largest e-commerce site. Since then he has been involved in numerous start-ups, most recently as the founder of TopLine, a major technology and business incubator..
SonoCoin Rocks The Cryptocurrency World With ICO Launch & Release Of The First Ever Audible Blockchain Enabled Cryptocurrency
As Cryptocurrency trading and the launch of new ICO’s reach a fever pitch, it will become crucial to identify and separate the winners from the losers. With the launch of the first Audible Cryptocurrency that is Blockchain enabled, SonoCoin is positioning it self as a pioneer in the world of Digital Currency trading. Geneva, Switzerland – Dec 5, 2017, SonoCoin has made global headlines this week with the announcement and launch of an ICO based on a new type of cryptocurrency. The SonoCoin solution is similar to Bitcoin’s peer-to-peer value transfer, with an improved user-friendly platform similar to PayPal. Whereas all other cryptocurrencies are numbers based, SonoCoin is a digitally encrypted audio file that operates on a proprietary blockchain system, using the Proof-of-Stake (PoS) protocol to verify transactions. The SonoCoin audio file is a sound interpretation of a code that can be recognized and recorded by any device that..
Regulators in South Korea have reportedly banned the trade of futures contracts and other derivatives tied to bitcoin. Source:..
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- ONUS COIN: Revolutionizing debt management on blockchain December 11, 2017
- 'According to Plan': CBOE Bullish on First Day of Bitcoin Futures Trading December 11, 2017
- Deutsche Bank: Blockchain Opportunities Are 'Huge' December 10, 2017