BLOCKCHAIN EMBASSY

By Mark Smalley | http://bce.asia

Dubai Innovation Office Seeking Startups for $20k Blockchain Contest

Dubai’s government is on the hunt for startups to take part in a new blockchain contest, offering prizes of up to $20,000 for the winning …

Bitcoin

US Government Code-A-Thon to Focus on Blockchain Health Applications

First blockchain came to help fintech, but can it also solve problems associated with healthcare? A government-supported code-a-thon aims to find out.<p>…

Health Care

Austrian Utility Giant Trials Blockchain Energy Trading

Wien Energie, Austria’s largest utility conglomerate, is taking part in a new blockchain trial focused on energy trading.<p>The conglomerate is working …

Bitcoin

Is Bitcoin Forming a New Price Floor at $1,000?

Bitcoin appears to be stabilizing at a new price point.<p>The value of tokens on the public blockchain protocol reached a high of $1,039 today, …

Bitcoin

22 Companies Leveraging Blockchain for Identity Management and Authentication

February 13, 2017  By : Elena Mesropyan<p>Among the variety of non-financial use cases, blockchain technology can be applied to identity …

Japan's 3 Megabanks Have All Invested in Japan's Biggest Bitcoin Exchange

Less than a year after raising ¥3 billion ($27 million) in a record funding round by a bitcoin and Fintech company in Japan, Tokyo-based bitFlyer now …

Bitcoin

Accenture Just Made It Far Easier For Businesses to Say ‘Yes’ to Blockchain

Accenture has developed software to help secure blockchains for businesses.<p>The consulting firm on Wednesday debuted a system that integrates the …

Innovation

Corporate boards are on board with blockchain

Nearly nine out of 10 senior executives in financial services and information technology believe that blockchains will be used on a daily basis in …

FinTech

Exempt in Norway

<b>The Norwegian Tax Administration changed its stance and declared Bitcoin transactions exempt from Value Added Tax (VAT) this week. Previously, they</b> …

Europe

What’s in a Name? From Bitcoin to Blockchain to Distributed Ledgers

<i>Nelson M Rosario is an intellectual property attorney working as an associate at Marshall, Gerstein & Borun in Chicago. He has years of experience</i> …

Bitcoin

World’s First Dedicated Bitcoin Bank Opens In Vienna

A dedicated bitcoin bank, possibly the world’s first, has opened on Mariahilfer Strasse in downtown Vienna, Austria, according to The Local, an …

Bitcoin

Tokens For Time: BNY's Blockchain Lead Explores Concept With Pet Project

"The level of experimentation that’s now possible ... it’s just incredible."<p>So says Alex Batlin, global blockchain lead for BNY Mellon, in a …

Bitcoin

Accenture looks to drive FSI blockchain adoption

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Despite all the coverage around blockchain technology and the benefits it can bring to FSIs, these companies have been hesitant to adopt it, due partly to unresolved concerns …

FinTech

South Africa's Financial Power Players Just Went All-In on Blockchain

South Africa's central bank, its central securities depository (CSD) and several of its largest banks came together yesterday to chart a course …

Bitcoin

Bitcoin Volatility Tightens After Prices Surge to 1-Month High

Bitcoin prices entered rangebound trading today, after soaring to their their highest in over a month.<p>Earlier in the session, the digital currency's …

Cryptocurrency

Why Venezuela's Currency Crisis Is A Case Study For Bitcoin

As the value of hard currency changes drastically—and often—developing or recession-hit countries are finding Bitcoin as an innovative solution.<p>Just look at Venezuela, the country with the highest inflation rate in the world. The socialist nation has experienced a swift fall in oil prices, throwing …

Cryptocurrency

Meet the Ex-Banker Using Ethereum to Take On Traditional Hedge Funds

In the world of hedge funds, the old adage really is true: you have to have money to make money.<p>The barrier to entry for an individual investor is …

Bitcoin

Huiyin Grows Blockchain Startup Fund to $80 Million

Two months after it first announced a $20m fund that would focus exclusively on bitcoin and blockchain startups, Huiyin Blockchain Venture is …

Bitcoin

Blockchain: The Invisible Technology That's Changing the World

Blockchain: The Invisible Technology That's Changing the World<p>Large swaths of your digital life will soon run atop a blockchain foundation just …

Accenture Unveils Hardware Solution for Blockchain Keys

Accenture has unveiled a new blockchain-focused hardware solution for storing private keys.<p>The professional services firm partnered with Thales, a …

Bitcoin

The Philippines Just Released New Rules for Bitcoin Exchanges

The central bank of the Philippines has released new guidelines for bitcoin exchanges operating in the country.<p>The move comes months after officials …

Bitcoin

The Swedish Telecom That Bought KnC is Now Mining Bitcoin

Months after acquiring bankrupt bitcoin mining firm KnCMiner, a Sweden-based company has started to mine.<p>GoGreenLight moved to buy out the miner last …

Bitcoin

Arizona Bill Would Make Blockchain Smart Contracts 'Legal'

An Arizona legislator wants to amend state law to account for blockchain signature and smart contracts, public records show.<p>HB 2417, introduced on …

Bitcoin

IBM's Biggest-Ever Blockchain Trade Finance Trial Could Go Global

Two government agencies are behind IBM's latest blockchain implementation, the largest ever in terms of parties involved and arguably one of the more …

Bitcoin

Islamic finance and digital currencies: The halal aspect

A collection of bitcoin tokens stand in front of an illustration of binary code in this arranged photograph in London last month. In Indonesia, …

Blockchain Could Be the Solution to Health Care’s Electronic Record Woes

This morning, Senate Republicans moved Rep. Tom Price one step closer to the highest office of public health, rolling over a Democratic boycott in …

Health Care

How Blockchain is Helping Solve Japan's 'Galapagos Syndrome'

Like the islands that inspired Charles Darwin’s seminal work on evolution, "<i>On the Origin of Species"</i>, Japan’s technology sector is a diverse place …

Bitcoin

Identity Startup Cambridge Blockchain Finishes $2 Million Fundraise

Blockchain identity startup Cambridge Blockchain has finished raising $2m in a funding round backed by VC firms Partech Ventures and Digital Currency …

Startups

Swiss Blockchain Consortium Develops Ethereum Trading Tool

Businesses in Switzerland working on an ethereum-based over-the-counter (OTC) trading platform say they have completed work on a new privacy solution.<p>…

Bitcoin