"Big Four" auditing and accountancy firm PwC has accepted its first ever payment in cryptocurrency. According to a report by The Wall Street Journal, out today, the firm's Hong Kong office indicated that it accepted the payment in relation to its work with local companies working with cryptocurrencies and blockchain technology. The transaction...
Financial institutions Standard Chartered and Axis Bank have announced a new cross-border payments platform built on top of technology developed by Ripple. Unveiled today, the platform – which will connect corporates between Singapore and India – will be accessible through Standard Chartered's Straight2Bank system. According to SC's release, the platform will...
The break-neck speed rally of Bitcoin has left investors wondering where Bitcoin would finally stabilize. Goldman Sachs believes that $8,000 would be the consolidation level for the current rally. Where does rally stop? Bitcoin’s price may have smashed through the $5000, $6000 and $7000 levels over the past few weeks, but technical analysts expect...
LedgerX just initiated its first long-term bitcoin futures option. Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the right to buy bitcoin at a price...
Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching...
As firms increasingly develop their own cryptocurrencies, Blockchain Expo brings their first ICOs & Cryptofinance conference track to Silicon Valley this fall. Following major ICOs in recent years, such as Bitcoin and Ether, many start-ups are entering the space with their own token sales. While they currently experience little regulation, many predict...
Blockchain is the technology with the greatest potential to disrupt and reshape digital business in 2018, according to Dimension Data. The global technology company named distributed ledgers as top disrupter, ahead of AI, machine learning, robotics and VR/AR, and said that businesses that have not started the digital investment cycle...
https://www.youtube.com/watch?v=Kzr1eJdtvc4&t=2s By J.S. Khalsa San Jose, California November 11, 2017 San Jose, CA - Serial entrepreneur and philanthropist Hob Khadka announced today his first decentralized travel eco system with end to end travel solutions, XcelTrip, with an effective launch date of November 11th, 2017. Conceived as an “online travel aggregator with a human touch,”...
Rapid Rise of Cryptocurrencies and Blockchain Technology Over the past few years, inventions in the fintech space have been rapidly transforming into innovations thanks to early commercialization, mass acceptance and adoption. Cryptocurrencies have been around for a  long time, but they have gained maximum traction and attention in the past decade. After the launch...
Bank of America has filed a pair of patents for a Blockchain-based system aimed to improve the tracking of file transfer processing in real time. Under the system, a Blockchain can be integrated with communications and memory devices to facilitate the data processing process. Based on the patent applications as of mid-October 2017, the bank proposes the...