Altcoins
Revolut Sees 57% Jump in Crypto Demand with COVID-19 Lockdown

Revolut Sees 57% Jump in Crypto Demand with COVID-19 Lockdown

Revolut, a UK-based payments unicorn, has reported a significant jump in the number of its clients trading cryptocurrencies on its application. According to the data published by the payments company, the number of Revolut users trading digital currencies surged 68 percent in April. The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation The massive spike in demand in Bitcoin and other cryptocurrencies was witnesses following a 52 percent drop in the average value of each trade in March. Towards the end of April, the average sum of digital currencies purchased by each user also jumped by 57…

Russia’s Biggest Bank Is Buying 5,000 Blockchain ATMs That Can Mine Crypto

Russia’s Biggest Bank Is Buying 5,000 Blockchain ATMs That Can Mine Crypto

Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”. Cointelegraph spoke with two experts who said the most obvious use case for a blockchain optimized graphics card is mining cryptocurrency. Sberbank is Russia’s oldest and largest bank and holds almost 44% of all personal deposits in the country. It operates 14,200 branches and 77,000 ATMs across the country. The state is its largest shareholder and its Chairman and CEO, Herman…

blockchain-enabled-p2p-trust-for-first-time-in-history

Don Tapscott: blockchain enabled p2p trust for first time in history

In the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet of information to the internet of value. In his presentation titled ‘Blockchain Revolution: The State of The Union,’ Tapscott argued that blockchain comprises the foundational technology that will underpin “the second era of the digital age.” Transition to the second digital era In writing the 25th anniversary…

How Blockchain Could Bolster The Economy Following COVID-19

How Blockchain Could Bolster The Economy Following COVID-19 According To The World Economic Forum

A report which delved into how the deployment of blockchain could address the efficiencies that have been exposed since COVID-19 was released this week. The world economic forum released a blockchain toolkit intended to help the government in changing their supply chains to adapt.  A report was recently published by the world economic forum which delved into how the deployment of a blockchain-based solution could address the supply chain efficiencies and failures that have been so clearly exposed since the pandemic of COVID-19 spread throughout the world. The economic forum also released a blockchain deployment toolkit which was intended to…

The Bridge Between AI And Bitcoin

The Bridge Between AI And Bitcoin

There are clear comparisons that can be made between Artificial Intelligence and Bitcoin, as well as other cryptocurrencies. Generally speaking, in itself the blockchain is a primary form of artificial intelligence, as it is able to make decisions and does include some aspects machine based learning, though in the future we expect that the blockchain will become more integrated with AI technologies, neural networks, deep learning and that sort of thing. What is AI? Artificial Intelligence or AI is dubbed as the next technological revolution, first we had the data revolution and now, computers are able to manage and manipulate that data themselves,…

Argentinas banks set to use rsk blockchain technology for tracking payments

Argentinas banks set to use rsk blockchain technology for tracking payments

RSK is entering the enterprise blockchain field with a pilot program designed to improve the direct debit process among Argentinian banks and financial institutions. An Argentinian consortium of banks and technology companies under the patronage of the Central Bank of Argentina is promoting a pilot program implementing blockchain. The system would be used to handle direct account debit claims. The pilot was announced on April 21 by IOV Labs, the developer of the RSK blockchain. The company is part of the 2019 Financial Innovation Roundtable, which also includes Sabra Group, Banco de la Provincia de Córdoba, BBVA, ICBC, Banco Santander and others.…

dutch-central-bank-ready-to-play-a-leading-role-with-digital-euro

Dutch central bank ready to play a leading role with digital euro

The Dutch central bank wants to be the proving ground for central bank digital currencies (CBDCs) in the European Union. In a 45-page report released by the bank on April 21, the De Nederlandsche Bank (DNB) said it was “ready to play a leading role” with research and development into its own digital currency as well as a Europe-wide digital currency. A digital Euro is expected to make cross-border payments faster and cheaper for all member states who participate. The Netherlands would be a suitable testing ground, the report said. Though not the primary target of the report, the DNB singled out cryptocurrency Libra…

jack-dorsey-donates-28-of-his-wealth-to-global-covid-19-relief

Jack Dorsey donates 28% of his wealth to global covid 19 relief

Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter: The fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve the world: “I believe they represent the best long-term solutions to the…

barcelona skorarei sta kryptonomismata

Barcelona scores on cryptocurrencies

Many teams have entered the cryptos court. Millions of followers can experience the benefits of the new digital economy. How does a collector’s currency work, like that of Barcelona. What the profits. Barcelona, the football team with the most fans in the world, gets its own cryptocurrency, ” Barça Fan Tokens ”. However, this is not the first popular club to join the digital economy through the issue of collector currency. Juventus, Paris Saint-Germain, Atlético De Madrid, Galatasaray, Roma and West Ham are ahead! Let’s get it right from the start, and first of all explain what ‘token’ means. It…

Οι συμβουλές Buffett στους ανθρώπους των κρυπτονομισμάτων

Buffett’s advice to the people of cryptocurrencies

The billionaire’s lunch with Tron’s founder. Estimates for the industry and the currency of the … heritage. Developments in Germany on the issue of cryptocurrencies. The long-awaited lunch between Warren Buffett and Justin Sun, founder and CEO of Tron’s cryptocurrency, which included other prominent figures in the space, was finally held. We recall that Sun had won the auction that Buffett runs every year to have lunch with him for a record $ 4.5 million. There, Buffet received his first cryptocurrencies in the brand new ‘Samsung Galaxy Fold’. A few days ago Sun wrote his impressions. We’ve listed some conversations…