XBT Provider AB, the issuer of Bitcoin and Ether exchange traded products listed on the Nasdaq stock exchange in Sweden, has announced it’s putting plans to launch altcoin products on hold, citing the current market volatility and uncertainties, reports Bloomberg on February 13, 2019. No More Altcoin Basket for Now As reported by BTCManager in
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The Digital Transformation Agency (DTA) of the Australian Government has released an overview of blockchain technology, February 12, 2019. It aims to serve as a guide for government representatives. This comes after a research program conducted by DTA to determine whether blockchain technology can be used effectively to support an informational system across the government.
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Coinbase, a leading U.S.-based cryptocurrency exchange on February 12, 2019, announced the launch of its cloud backup feature that will enable users to store an encrypted recovery phrase on iCloud or Google drive in order to retain their funds even if their private keys or smartphone gets misplaced. Coinbase Crypto Wallet Flaunts Cloud Backup Feature
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After dominating several industries, blockchain technology is now headed to the medical world as IBM and Boehringer Ingelheim announced on February 12, 2019, a partnership that will see the latter make use of the emerging tech in their clinical trials. Boehringer Brings The Blockchain One of blockchain’s most admirable features is its efficiency in record-keeping.
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The founder and CEO of Overstock.com and the chairman of tZero, a subsidiary of Medici Ventures, Patrick Byrne, is going all-in on blockchain technology, saying it has the potential to “radically” transform government services worldwide, Market Watch reported on February 12, 2019. Patrick Byrne Pitches Radical Transformation of Govt Services Via Blockchain Patrick Byrne, founder
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HODL RALLY, a blockchain inspired supercar rally has inaugurated an eight-day event around Europe which aims to create a unique network of cryptocurrency and blockchain enthusiasts, investors as well as entrepreneurs, according to a press release on February 13, 2019. HODL RALLY Collaborates with EVOLV Based on reports, HODL has inaugurated its cryptocurrency car rally
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JP Morgan will be launching the JPM coin, a dollar-backed token to be used for international transfers, securities transactions and the replacement of dollars for large firms, CNBC reported on February 14, 2019. History-Making Moves Cryptocurrencies aren’t reserved for crypto firms and individuals anymore and haven’t been for a while. Countries such as Venezuela have their own
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The University of Bahrain will begin giving out their certificates to students on blockchains, according to a February 11, 2019 report, which states that this new initiative will solve the problem of transparency while helping to address the skill gap. Blockchain in Bahrain Blockchain being used to issue educational certificates has existed for a while
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Japan’s Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world with more than $2 trillion in assets, is collaborating with Akamai Technologies Inc., to launch a distributed ledger technology (DLT) based payments system called Global Open Network, according to a press release on February 13, 2019. MUFG and Akamai Launch Blockchain Payments
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Finablr, a United Arab Emirates (UAE) based fintech, and foreign exchange platform has announced that its network brands, UAE Exchange and Unimoni, have joined the blockchain technology bandwagon via Ripple’s RippleNet DLT network for cross-border payments, according to a press release on February 10, 2019. RippleNet Adoption for Cross-Border Payments In a bid to seamlessly send
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