In a blog post published on December 10, 2019, tech firm Blue Bite stated that it will be tapping VeChain’s (VET) supply chain-focused blockchain solutions to enable end-to-end transparency and security for fine art certificates. Using Blockchain to Secure Fine Art Singapore-based distributed ledger technology (DLT) organization VeChain has cemented itself as one of the
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Jack Dorsey is the visionary founder behind Twitter and Square Financial. In a fairly long Twitter thread, Dorsey announced that Twitter is hiring a small team of developers to help build an open and transparent protocol named BlueSky, which could serve as a base for what is to be the rise of decentralized social media,
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Denmark is set to enforce robust bitcoin tax compliance at its tax agency has received information about 20,000 crypto owners in the country. The Scandinavian nation is the latest country to move towards combating crypto tax evasion. Danish Tax Agency Authorized to Gather Bitcoin Tax Info At the start of 2019, BTCManager reported that the
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BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX). With this significant development, merchants can now receive stablecoin payments for their goods and services without having to worry about Bitcoin price
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The Zcash Foundation, the nonprofit organization in charge of privacy-centric crypto Zcash (ZEC), in collaboration with Electric Coin Co., is set to launch the Blossom hard fork today December 11, 2019 (22:06 UTC+00:00) at block height 653600. The Zcash Blossom upgrade is expected to bring more scalability, capacity, and speed to the network, reports Crypto
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Nike, one of the largest fitness and sport brands in the world, is embracing the shifting technological paradigm as they seek to make shoes named CryptoKicks that are digitized on a blockchain. The patent gives them the right to create unique digital assets and a shoe ID for a pair of shoes sold by the
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Japan is considering the option to use JPMorgan Chase & Co.’s blockchain-based information network in order to fight money laundering within the nation. According to the news published by Bloomberg, December 10, there would be more than 80 institutions interested in being part of the network. Japan Leads Interbank Information Network (IIN) The Japanese banking
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Cryptocurrency rules imposed by governments have been different across various jurisdictions. This has given birth to a uniquely vulnerable form of regulatory arbitrate that allows stakeholders to take advantage of polarised stances from various authorities. Breaking down this aspect and coordinating for broadly similar guidelines across the globe will allow for more clarity and bring
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Simplex, a European Union-licensed financial institution that functions as the fiat gateway provider of top crypto exchanges like Binance, Huobi, Poloniex and a host of others, has now added support for two more fiat currencies: the Japanese yen (JPY) and Canadian dollar (CAD). The move could enable Binance and other Bitcoin trading venues to integrate
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Australian Securities Exchange (ASX), the country’s primary securities exchange, is actively working on its distributed ledger technology (DLT) platform which it expects will pose a competition to tech industry’s heavy hitters such as IBM and Microsoft when it goes live in mid-2020 to replace its Clearing House Electronic Subregister System (CHESS). This according to reports
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