Development of blockchain technology must be lead by business opportunities

June 21, 2018 6:52 pmComments Off on Development of blockchain technology must be lead by business opportunities
Development of blockchain technology must be lead by business opportunities

The blockchain technology continue its development, and it can already be said that it is a mature technology. The penetration and use of technology is already a fact not only in the financial sector but also in many others. But the leading factor in technology development should be the business, but regulators, according to the senior manager at PwC, Markus Jensen. He pointed out that business is currently relying on […]

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The future of blockchain opens a whole new world of opportunities

June 15, 2018 10:33 amComments Off on The future of blockchain opens a whole new world of opportunities
The future of blockchain opens a whole new world of opportunities

The algorithms at the basics of the blockchain technology and Artificial Intelligence need to be studied at school so they can be better understood. This conclusion made Professor Alfred Taudes, Head of the Institute for Cryptoeconomics at Wirtschaftsuniversität Wien. His qualifications in Business Administration, Information Systems, Applied Informatics and Operations Research allows him to freely share his views, which may not always be close to what is commonplace. According to […]

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Cryptocurrencies lost 42 billion USD in market value over the weekend

June 11, 2018 1:55 pmComments Off on Cryptocurrencies lost 42 billion USD in market value over the weekend
Cryptocurrencies lost 42 billion USD in market value over the weekend

The sale of crypto-currencies continue in 2018, after just last weekend they lost 42 billion USD in market value. This in turn has further increased the depreciation of the Bitcoin, which lost 50% of its value since the beginning of the year. According to some analysts, the decline last week is linked to a hacker attack on South Korea’s crypto-currency exchange, but others are on oppinion that it is due […]

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More than 1.2 billion USD of crypto-currency were stolen since the beginning of 2017

May 28, 2018 10:54 amComments Off on More than 1.2 billion USD of crypto-currency were stolen since the beginning of 2017
More than 1.2 billion USD of crypto-currency were stolen since the beginning of 2017

Criminals have stolen 1.2 billion USD of crypto-currency since the beginning of 2017, after the popularity of the Bitcoin and the emergence of more than 1,500 digital coins placed the unregulated sector under the spotlight. This is clear from the calculations of the Anti-Phishing Working Group (APWG). The amount includes both reported and unreported theft. Of these 1.2 billion USD, barely about 20% and even less were recovered. According to […]

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Zimbabwe banned local banks from trading or processing crypto-currency

May 22, 2018 12:49 pmComments Off on Zimbabwe banned local banks from trading or processing crypto-currency
Zimbabwe banned local banks from trading or processing crypto-currency

The Zimbabwe Central Bank banned local banks from trading or processing crypto-currency operations until the relevant legislation has been developed. This was announced today by Governor John Panonetsa Mangudya. The crypto-currencies are popular in Zimbabwe because of the volatile economy of the country and the frequent shortage of liquid funds. The order issued at the beginning of the week gives local banks 60 days to complete the processing of Bitcoin […]

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