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Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off
28.10.2019
On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS...
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Greyp Collaborates With Two Blockchain Entities to Launch an Automatic Payment System
24.10.2019
Greyp, the sister concern of leading car manufacturing firm Rimac Automobili, has entered into a strategic partnership deal with two blockchain-based platforms- slock.it and the Energy Web Foundation or the EWF. The collaboration aims to curate an automatic payment system for Greyp’s IoT vehicles....
Zuckerberg to Tell Congress: Libra Can Fix ‘Failing’ Financial System
22.10.2019
Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives
Indian University Students Create Blockchain-Based System for Online Voting
21.10.2019
Students from the Malla Reddy Engineering College for Women in India have created a blockchain-based system for online voting
Designing accessible color systems
21.10.2019
The team at Stripe explores how they’re refining their color palette to make it more accessible and legible for users across all their products and interfaces. Not only that but the team built a wonderful and yet entirely bonkers app for figuring out the ideal range of colors that they needed.
We...
Fed’s Push for a Faster Payment System Could Create Difficulties for the Small Banks
21.10.2019
On Monday, the Federal Reserve Board announced that it is planning for a fast payment service known as FedNow. It is going to be a payment service that will facilitate and settle payments in real-time. Considering the way in which Fintech has grown, it is only natural that the Federal Reserve...
Remittances Partnership to Use Cambodia Central Bank’s Blockchain System
21.10.2019
The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
How Can EEA's Reward Token System Help Banks Motivate Their Employees?
19.10.2019
While banks are looking for ways to tokenize employees’ reputations, the Enterprise Ethereum Alliance has already found a way
Binance to Add Bitcoin Cash to Its Decentralized Exchange
17.10.2019
Already widely available for trading across the world, bitcoin cash continues to expand into new markets and platforms. The latest venue where users can soon exchange the cryptocurrency is Binance’s decentralized exchange. The system will feature a token pegged to BCH issued on Binance Chain....
Bermuda Starts Development of a Blockchain-Based National ID System
16.10.2019
The Atlantic island is rolling out the first phase of a national digital identification system built on blockchain tech
Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
15.10.2019
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....
Wales to Develop Local Cryptocurrency to Underpin Mutual Credit System
15.10.2019
Wales plans to test and subsequently launch its own cryptocurrency to boost the local economy
Collective #557
14.10.2019
Design System Playground * roughViz * GitSheet * How to design delightful dark themes * Able
Collective #557 was written by Pedro Botelho and published on Codrops
Dutch Central Bank: World Will Need Gold if Entire System Collapses
14.10.2019
Crypto-skeptic Dutch central bank admits gold superiority to fiat money
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Blockchain Revolutionizing Banking System: Crypto's Bright Future
14.10.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Current status and issues
The blockchain has pursued decentralized ideal and it has succeeded to some extent. However, decent years after the invention of blockchain, some of its problems...
Android Tool Lets You Check Crypto Payment Apps for Double-Spends
13.10.2019
The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly...
Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...