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Five Hurdles Blockchain Faces to Revolutionise Banking


Blockchain is touted as the next step in the digital revolution, a technology that will change every industry from music to waste. When it comes to money, it goes well beyond bitcoin. Academics have claimed it will “do to the financial system what the internet did to media”. There are many...

SoftBank Takes Control of WeWork; Announces $5 Billion Financial Package


The cancellation of the WeWork  IPO has been one of the biggest business sagas of the year, and it seems a resolution has finally been reached. It has now emerged that SoftBank, which was the biggest investor in the co-working space startup, has picked up 80% ownership of the company...

Ripple Opens a New Office in DC to Strengthen Its Blockchain Advocacy


As per the official announcement dated October 22, 2019, Ripple has expanded its horizon and opened a dedicated office in the US capital Washington, D.C. The new office will help the leading blockchain payments tech firm boost its efforts for crypto and blockchain advocacy. In the announcement blog...

The Federal Reserve Makes a Big Move Into the US Treasury Bill Market


The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...

Samsung Adds 12 New Dapps to its Mobile Blockchain Keystore


The world's largest smartphone maker, Samsung has added 12 new decentralized apps (dapps) to its mobile wallet marketplace, the Samsung Blockchain Keystore. Almost half of the new dapps are gaming titles. Per media outlet Decenter, the new gaming dapps are: DarkTown Yangpa Kisadan (literally...

Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial


The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...

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