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Retirement contribution limits will rise in 2019

 

Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019.

Podcast: 20 Government Shutdowns and Two Other Numbers You Need to Know

 

https asset barrons com dynamic insets barrons generic podcast 2018 1538513741291 json src https graphics wsj com audio

Inflation and Trade Data Put the EUR in Focus, with an Eye Needed on the GBP

 

Earlier in the Day Earlier in the Day There were no material stats released through the Asian session this morning leaving the markets to focus on news from the weekend the mid year economic and fiscal outlook report MYEFO out of Australia and what lies ahead for the week There were no

Weekly Market Preview: Global Slowdown, Fed Policy Meeting, Four Stocks to Watch For the Coming Week

 

Worries about a global economic slowdown continues to fuel what I can only call “panic selling.” Not wanting to be the last few market participants holding the proverbial bag, investors are racing to sell equities before prices bottom out. The result? All the three major market indexes, for the first time since

This Week’s Fed Meeting: Pressure on Powell to Sound Dovish, but Not Too Dovish

 

This week marks a pivotal period for U S Federal Reserve Policy While the Fed is widely expected to raise it benchmark interest rates Wednesday by 25 basis points traders are more likely to react to the comments of Fed Chairman Jerome Powell The Bank of Japan is also expected to make

Global Economic Weakness Drives Investors into Safe-Haven U.S. Dollar

 

The U S Dollar was the big winner in the Forex market last week but the move wasn t driven by a strengthening U S economy but rather a grim outlook for the global economy U S inflation and retail data came in as expected and investors continued to position themselves ahead of this week s

Former Fed Chairs Speak: Greenspan Sees Economy Slowing, Yellen Worried About High Corporate Debt

 

In case you missed it the Ghosts of Christmas Past returned last week or should I say the Ghosts of Fed Chairs Past returned last week to offer their takes on risks to the economy Of course I m speaking about former Fed Chairs Alan Greenspan and Janet Yellen In case you missed it the Ghosts

Weak Data from China, Euro Zone Proves to Be Too Much for U.S. Investors to Handle

 

The major U S stock indexes were hit hard on Friday with the selling driven by weaker than expected economic data in China and the Euro Zone which raised concerns over a global economic slowdown Perhaps softening the negative tone ever so slightly were positive developments in the on going

Routing 101: Identifying the Cost of Routing Decisions

 

Shutterstock photo It’s no surprise the Access Fee Pilot proposal has received comments from all over the industry, it represents a dramatic shift in the decades old philosophy of incentivizing market quality , and could affect spreads and depth across the market cap spectrum.  The comments below talk about

Market Close Report: NASDAQ Composite index closes at 6,910.67 down -159.66 points

 

Friday s session closes with the NASDAQ Composite Index at 6 910 67 The total shares traded for the NASDAQ was over 2 13 billion Declining stocks led advancers by 3 14 to 1 ratio There were 755 advancers and 2372 decliners for the day On the NASDAQ Stock Exchange 2 stocks reached a 52 week

Health Care Sector Update for 12/14/2018: IDRA, KANG, AXON

 

Top Health Care StocksTop Health Care Stocks JNJ 10 2 JNJ 10 2 PFE 2 PFE 2 MRK 2 6 MRK 2 6 ABT 2 3 ABT 2 3 AMGN 2 8 AMGN 2 8 Health care stocks extended their declines through Friday trading with the NYSE Health Care Index dropping to a 3 2 retreat this afternoon

Health Care Sector Update for 12/14/2018: JNJ, KANG, AXON, PFE, ABT, MRK, AMGN

 

Top Health Care Stocks Top Health Care Stocks JNJ 9 38 JNJ 9 38 PFE 2 02 PFE 2 02 ABT 1 51 ABT 1 51 MRK 2 19 MRK 2 19 AMGN 2 47 AMGN 2 47 Health care stocks were sinking in early Friday afternoon trading including a 2 8 decline for the NYSE Health Care Index

Retail Sales: Stronger in the U.S., Weaker in China

 

Friday December 14 2018 A week and a half before Christmas Day we remain in the heart of holiday shopping season This points directly to the business of retailers and new Retail Sales numbers have come in this morning So while we re already mindful that these companies are

Stock Market News For Dec 14, 2018

 

Markets closed mostly lower on Thursday with stocks moving in and out of positive territory as investors continued to worry over the lack of clarity and progress in U S China trade talks The Fed s efforts to normalize monetary policy faced criticism from President Donald Trump once again

Health Care Sector Update for 12/14/2018: KANG, AXON, MDCO, JNJ, PFE, MRK, ABT, AMGN

 

Top Health Care Stocks Top Health Care Stocks JNJ 0 50 JNJ 0 50 PFE 0 61 PFE 0 61 ABT FlatABT Flat MRK 0 70 MRK 0 70 AMGN 1 17 AMGN 1 17 Health care stocks were mostly lower in Friday s pre market trading Health care stocks were mostly lower in Friday spre market

Investors Positioning Ahead of Next Week’s Fed Monetary Policy Decision

 

Positioning ahead of next week s U S Federal Reserve monetary policy meeting is primarily driving the price action in the U S Dollar and other dollar denominated commodities such as gold and crude oil Early Thursday the U S Dollar is mounting a slight recovery from early session weakness

Bitcoin Price Tumbles Further: New Low for the Coin

 

Bitcoin Price

Bitcoin price is tumbling further today, dashing any hopes of a rally that some felt was certain thanks to current extreme oversold conditions.

The world’s largest coin by market cap is currently selling for $3,301.60 USD according to coinmarketcap.com. But earlier today, it fell to $3,200, representing a 15-month low for Bitcoin and not helping bulls’ hopes for a revival.

This is the lowest level since September 2017.

Bitcoin Price Drop

In the last four weeks alone, Bitcoin has dropped 49% in price. Surely, sellers are exhausted, and Bitcoin is set to ...

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You Can Earn Bitcoin (BTC) While Shopping with the Lolli App

 

Lolli app

Do you shop frequently at Sephora? Lululemon? Walmart? If you do, a new in-browser app has emerged and wants to give you Bitcoin (BTC). CoinDesk just reported that the app called Lolli just added Sephora to their list of retailers.

Earn Bitcoin (BTC) While Shopping

Lolli gives shoppers cash back after they make purchases at their list of partnered retailers. The Bitcoin rewards startup told CoinDesk that it recently won over Sephora by data. Around 30 percent of Lolli’s active users are women.

“We’ve gone back to a lot of these retailers that previously ...

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Crypto Users Increased to 35 Million in 2018: What Will 2019 Bring?

 

crypto users

As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users in 2018 doubled.

Well, almost.

Crypto Users in 2018

On Wednesday, December 12th, the Cambridge Centre for Alternative Finance published a study detailing the number of ‘verified’ crypto users the sector gained in 2018. The figure was over 15 ...

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Ethereum (ETH) Constantinople Hard Fork Nears and ETH Hacks Rise

 

Ethereum eth

Two days ago, brand new code was released on GitHub that had a Constantinople activation time within it. The post reads that Geth, or ‘Go Ethereum,’ is a special release and a hard fork will take place on the Ethereum (ETH) mainnet at block 7,080,000. This new hard fork is expected to take place around January 16th, 2019.

Ethereum (ETH) Constantinople

#Ethereum Constantinople mainnet hard fork scheduled for block #7080000, estimated around the 16th of January, 2019!

— Péter Szilágyi (@peter_szilagyi) December 7, 2018

Ethereum’s co-founder, Vitalik Buterin, re-tweeted the ...

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Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

 

Orbs blockchain

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform.

Orbs Blockchain Raises $15 Million

Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.”

It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects.

The latest investment will “focus on helping Orbs further the protocol’s development and ...

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Is Bitcoin ABC the Real Bitcoin Cash? OKEx Thinks So!

 

Bitcoin ABC

OKEx has officially taken sides in the Bitcoin Cash hash war. According to an official statement made by the Malta-based cryptocurrency exchange today, it will list Bitcoin Cash ABC under the original Bitcoin Cash (BCH) ticker.

Bitcoin ABC Wins with OKEx

The statement reads:

“We will change the ticker of Bitcoin Cash ABC from BCHABC to BCH, and that of Bitcoin Cash SV from BCHSV to BSV at 5am Dec 13, 2018 (CET, UTC +1). At the same time, spot trading of BCHABC and BCHSV will also be suspended. All remaining balance of the ...

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Denmark Crypto Taxes: It’s Making Sure You Pay Em!

 

Denmark Crypto Taxes

There’s no getting around Denmark’s tax agency, Skattestyrelsen, so don’t even try. The agency is pursuing Denmark crypto taxes with vigor and is leaving no stone left unturned!

Denmark Crypto Taxes

Skattestyrelsen has confirmed that approximately 2,700 individuals owe taxes on Bitcoin gains, according to a release it made earlier.

These individuals reportedly bought and sold Bitcoin via a Finnish cryptocurrency exchange between 2015 and 2017. However, they have yet to declare any profits or losses on their tax documentation. Whoops!

It’s now an agency priority to chase down these people and ...

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Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

 

Blockchain Phone

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities.

Blockchain Phone

It started with Sirin Labs, whose pioneering phone ‘Finney,’ let people store and use digital currencies without transaction fees. Then HTC came to the party with the world’s second blockchain phone called Exodus 1. This phone boasts a “Social Key Recovery” function that lets a user use ...

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State Farm is Now Testing Blockchain Technology for Auto Insurance Claims

 

State Farm

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday.

State Farm Testing Blockchain Technology

According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts in mutual funds.

“Today, subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers,” said Mike Fields, innovation executive of State Farm. “You can imagine the time ...

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Major Brands Are Now Using Blockchain Tech for Customer Loyalty

 

Blockchain Tech

Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to maneuver between the numerous club cards in their wallets and online, often finding it difficult to keep track of their point status and where they can be redeemed.

While cryptocurrencies made a splash in recent years, making headlines and causing general ...

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Crypto News: EOS Surges and Ripple Exec Says He isn’t Phased by Bull Market

 

crypto news

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market.

EOS Surges as Other Coins Fall

EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a wave of criticism as of late for its lack of decentralization. This weekend, EOS jumped up more than 16%.

At this time, it remains unclear why the coin surged so much.

Coinbase is exploring the addition ...

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World of Ether is Now Live! Game on

 

World of Ether

The highly anticipated crypto-collectibles dApp, World of Ether (WoE), has officially launched its mainnet!

World of Ether is LIVE!! Start exploring at https://t.co/gzqosL76JV pic.twitter.com/cxM9p7ZYyN

— World of Ether (@WorldofEther) November 24, 2018

World of Ether

World of Ether is a blockchain-based game that is centered around collecting, breeding, fighting, and selling monsters. The developers behind the game have created a multi-level rich, interactive world, held entirely on the Ethereum blockchain. WoE is very similar to that of Pokemon, where there are five different ‘types’ of monsters. Each type holds its ...

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Cryptocurrency Downturn: A Tough December All Around

 

Cryptocurrency Downturn

The cryptocurrency market is taking a tumble again today, marking another crypto downturn for what has been a tough December. BTC has fallen another 11% in the last 24 hours. It had previously fallen 8% only one week ago today.

At the time of writing, the world’s largest coin is selling for $3,287 USD.

Cryptocurrency Downturn

Ripple and Ethereum, the second and third largest cryptocurrencies by market value, have also declined in the last 24 hours. And the losses are great; XRP fell 10.16% and Ethereum an even bigger 15.56% according to Coinmarketcap.com.

...

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Crypto Playing Cards: New Cards that Will Help Crypto Adoption

 

Crypto Playing Cards

Crypto wants to switch up the financial sector. Why not do so while playing cards!? A Switzerland-based company is now selling Crypto Playing Cards online.

Crypto Playing Cards

There are no Clubs, Spades, Diamonds, or Hearts in this deck. Rather, the cards are all about cryptocurrency. Players will play their hand with the specially designed crypto suits of Bitcoin, Ethereum, Litecoin, and NEO.

According to the company:

“Every suit has different dominant colors and each character was specifically designed to proudly represent its cryptocurrency. The playing cards are crafted from premium cardstock ...

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The US Department of Homeland Security Offers $800K for Blockchain-Based Anti-Forgery Software Development

 

The US Department of Homeland Security

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation.

US Department of Homeland Security and Blockchain

The DHS, through its unit Science and Technology Directorate (S&T), will distribute the non-dilutive funds in four phases. The department chose the non-dilutive route so that the entity doesn’t need to sell equity in order to receive the funding. The funds will be distributed through ...

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Will the US Air Force Soon Be Using Blockchain for Supply Chain?

 

US Air Force

The grad school for the United States Air Force just developed a tool to help supply chain professionals learn about blockchain. The US Air Force Institute of Technology (AFIT) released its free tool in hopes of advancing the current infrastructure built around supply chain management.

This news was released by the US business journal Modern Materials Handling (MMH) back on December 3rd.

US Air Force and Blockchain Technology

AFIT has put together a live application that is paired with a set of video tutorials. This application can be accessed from any smartphone or computer. ...

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A Blockchain for Europe: A New Association Sets Out to Educate

 

Blockchain for Europe

It seems that blockchain ventures are popping up almost by the day. In order to promote understanding and regulation of blockchain and distributed ledger technologies (DLT), a ‘Blockchain for Europe’ Association has formed.

The latest endeavor comes from four already pretty major and renowned blockchain companies that have joined forces to establish the Association.

Blockchain for Europe

The four members of the association are Ripple, the NEM Foundation, Emurgo, and Fetch.AI.

But what’s the point of Blockchain for Europe? The companies want to address the European Union’s “fragmented” policy debate which surrounds ...

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Binance Blockchain: Binance to Launch the Binance Chain

 

Binance Blockchain

If it wasn’t enough for Binance to be the biggest crypto exchange by trading volume in the world, such is its popularity that it will now launch its own blockchain. Dubbed the ‘Binance Chain’ (give that genius a can of coke), the new blockchain is due to arrive in the “coming months” according to a Tweet today.

The Binance Blockchain

The Tweet gave a little more detail. It said the following:

“Binance is pushing for blockchain adoption and doing many things to help advancement of the industry. E.g. we will have the Binance chain ...

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NASDAQ Officially Confirms Launch of Bitcoin Futures in Early 2019

 

Bitcoin Futures

The world’s second-largest stock exchange in the world, the Nasdaq exchange, has officially confirmed its plans to launch Bitcoin futures in 2019. Late last week, unofficial reports surfaced of the exchange launching these plans, first reported by Bloomberg.

Joseph Christinat, VP of Nasdaq’s media team, spoke to the UK’s daily tabloid The Express yesterday and confirmed the plans. The VP states that these futures will be listed and launched in the first half of 2019—no official date has been given at this time.

Nasdaq Bitcoin Futures

The launch still remains subject to approval from ...

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CVS Health, Aetna, UnitedHealth Group, and Humana Trial Blockchain Technology for Healthcare

 

Blockchain technology for Healthcare

The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology.

Blockchain Technology for Healthcare

Humana, Multiplan, UnitedHealth Group’s Optum, Quest Diagnostics, and UnitedHealthcare are all a part of the group. The alliance is trying to figure out how blockchain technology can improve data quality and lower costs.

Blockchain tech entered into the mainstream media back in 2017. It’s surprising that these healthcare systems haven’t ...

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Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

 

Orbs blockchain

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform.

Orbs Blockchain Raises $15 Million

Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.”

It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects.

The latest investment will “focus on helping Orbs further the protocol’s development and ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

 

Blockchain Phone

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities.

Blockchain Phone

It started with Sirin Labs, whose pioneering phone ‘Finney,’ let people store and use digital currencies without transaction fees. Then HTC came to the party with the world’s second blockchain phone called Exodus 1. This phone boasts a “Social Key Recovery” function that lets a user use ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

State Farm is Now Testing Blockchain Technology for Auto Insurance Claims

 

State Farm

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday.

State Farm Testing Blockchain Technology

According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts in mutual funds.

“Today, subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers,” said Mike Fields, innovation executive of State Farm. “You can imagine the time ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

The US Department of Homeland Security Offers $800K for Blockchain-Based Anti-Forgery Software Development

 

The US Department of Homeland Security

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation.

US Department of Homeland Security and Blockchain

The DHS, through its unit Science and Technology Directorate (S&T), will distribute the non-dilutive funds in four phases. The department chose the non-dilutive route so that the entity doesn’t need to sell equity in order to receive the funding. The funds will be distributed through ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Will the US Air Force Soon Be Using Blockchain for Supply Chain?

 

US Air Force

The grad school for the United States Air Force just developed a tool to help supply chain professionals learn about blockchain. The US Air Force Institute of Technology (AFIT) released its free tool in hopes of advancing the current infrastructure built around supply chain management.

This news was released by the US business journal Modern Materials Handling (MMH) back on December 3rd.

US Air Force and Blockchain Technology

AFIT has put together a live application that is paired with a set of video tutorials. This application can be accessed from any smartphone or computer. ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

A Blockchain for Europe: A New Association Sets Out to Educate

 

Blockchain for Europe

It seems that blockchain ventures are popping up almost by the day. In order to promote understanding and regulation of blockchain and distributed ledger technologies (DLT), a ‘Blockchain for Europe’ Association has formed.

The latest endeavor comes from four already pretty major and renowned blockchain companies that have joined forces to establish the Association.

Blockchain for Europe

The four members of the association are Ripple, the NEM Foundation, Emurgo, and Fetch.AI.

But what’s the point of Blockchain for Europe? The companies want to address the European Union’s “fragmented” policy debate which surrounds ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

CVS Health, Aetna, UnitedHealth Group, and Humana Trial Blockchain Technology for Healthcare

 

Blockchain technology for Healthcare

The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology.

Blockchain Technology for Healthcare

Humana, Multiplan, UnitedHealth Group’s Optum, Quest Diagnostics, and UnitedHealthcare are all a part of the group. The alliance is trying to figure out how blockchain technology can improve data quality and lower costs.

Blockchain tech entered into the mainstream media back in 2017. It’s surprising that these healthcare systems haven’t ...

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Voting on the Blockchain: South Korea Tests New Technology

 

Voting on the Blockchain

South Korea has just become the first East Asian country to legalize medical marijuana. But it may be the second to put voting on the blockchain. Japan is already trialing the technology to allow citizens to cast votes on “social contribution projects.”

South Korea has been an advocate of blockchain technology though it has a strict stance towards cryptocurrency. It makes sense that it would follow in Japan’s footsteps.

Voting on the Blockchain in South Korea

Democratic voting on the blockchain is one of the most controversial applications of blockchain technology. Switzerland has trialed ...

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Sberbank CEO: Expects Industrial Blockchain Adoption in Under Two Years

 

Blockchain adoption

The head of Russia’s Sberbank has set tongues wagging after he emerged bullish about the future of blockchain adoption. CEO Herman Gref is forecasting industrial scale adoption in as little as one or two years.

Blockchain Adoption

Gref believes the technology is on the cusp of entering the industrial development stage of its evolution. Speaking to journalists this week, he said:

“The hype around the technology [blockchain] is now over, and the technology is entering the stage of industrial development. It needs a year or two to be implemented at the industrial scale.”

...

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Public vs Private Blockchains; Ernst & Young’s New Blockchain Prototype

 

private blockchain

On October 30th, Ernst & Young (EY) announced a world-first for distributed ledgers. Called the Ernst & Young Ops Chain Public Edition, the company created a new blockchain prototype that combines the security of the public ledger model with the privacy of the private ledger model—thus a private blockchain.

It does this by using zero-knowledge proof (ZKP) technology on the public Ethereum blockchain. The result, it claims, is a network that will suit the needs of institutions, especially in the financial sector.

But why the need to combine the pro’s of both networks, what’s ...

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BNP Paribas, HSBC, and 10 Other Banks Launch Hong Kong Blockchain Trade Finance Platform

 

Blockchain Trade Finance Platform

A new Hong Kong-based blockchain trade finance platform has just launched this week that was developed by twelve major global banks, Reuters reported this Wednesday. The platform was developed by Canadian-based HSBC, France-based BNP Paribas, Great Britain-based Standard Chartered, and nine other major banks.

Blockchain Trade Finance Platform

The new platform is called eTrade Connect, and on Wednesday, HSBC said it reduced the time it takes to approve trade loan applications. Usually, these loans would take a day and a half to process, but thanks to eTrade, it has been reduced to four hours.

...

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Blockchain and Shipping: Samsung SDS Signs Deal with Largest Port in Europe

 

Blockchain and Shipping

Samsung SDS, the blockchain subsidiary of the tech giant Samsung, has just announced its partnership with Europe’s largest port, the Port of Rotterdam. In addition to this agreement, the Major Dutch bank, ABN AMRO, will also be in on the blockchain and shipping deal.

Samsung SDS: Blockchain and Shipping

The Samsung subsidiary released the news via a press release this morning. According to Samsung SDS, its trial will focus on shipping containers from an unnamed factory in Asia to the port of Rotterdam.

The Port of Rotterdam is located in the SouthWest corner of ...

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Journalism Outlets Love Crypto and Blockchain—Look at Forbes Magazine

 

Forbes Civil partnership

Multiple journalism outlets have started to incorporate cryptocurrency and blockchain into their business models, which isn’t surprising; we knew this was coming. Back in July, Forbes magazine included crypto players in its ’40 under 40′ list. Last week, Time Magazine put a blockchain startup on its list of 50 innovative businesses. And this week, we have seen the market introduced to a Forbes Civil partnership.

A Forbes Civil Partnership: What Does This Mean?

On Tuesday, October 9th, the co-founder of Civil, a blockchain platform, confirmed that Forbes will be working with the blockchain-based platform to publish ...

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Malta Prime Minister: Cryptocurrency is the “Inevitable Future of Money”

 

Inevitable Future of Money

According to the Maltese Prime Minister, Joseph Muscat, cryptocurrency is the “inevitable future of money.”

The country has never shied away from embracing crypto and its underlining technology—the blockchain. According to the Prime Minister, it is this technology which allows the future of money to be more transparent.

The Inevitable Future of Money

Muscat believes that using blockchain will filter “good business from bad business,” but that’s only the beginning. He believes “distributed ledgers can do much more.”

The Prime Minister addressed the 73rd Session of the General Assembly of the UN ...

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Austria will Use Ethereum’s Blockchain for Government Bonds

 

Austria will use Ethereum's blockchain

Blockchain technology is becoming a firm favorite for government economies across the globe. Austria is the latest country to speak of its desire to implement the technology. Austria will use Ethereum’s blockchain, but for what?

Well, the European country is looking to raise funds. It will be auctioning $1.3 billion worth of government bonds and will use Ethereum’s blockchain to authenticate the contracts. But will it manage to raise such a large sum? We will know next Tuesday.

Austria will use Ethereum’s Blockchain

Austria‘s primary financial services institution for its export industry and associated ...

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Linux Foundation Launches Training Course for Hyperledger Fabric Blockchain Technology

 

blockchain courses

The Linux Foundation is a non-profit organization which, according to its website, “supports the creation of sustainable open source ecosystems by providing financial and intellectual resources, infrastructure, services, events, and training.”  The organization aims to provide an array of blockchain courses, catering to a job demand.

Blockchain Courses

The Linux Foundation offers blockchain focused education services including the ‘Blockchain for Business’ course. It saw over 100,000 students take its free introductory ‘Hyperledger’ course last year, and now it is eager to add to its blockchain courses.

The organization has developed and, as of yesterday, ...

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Canadian Government Body Builds Ethereum Blockchain Explorer

 

Ethereum Blockchain Explorer

A Canadian body called The National Research Council of Canada (NRC) announced on Monday, August 20th, that it has built an Ethereum blockchain explorer. The NRC manages a Canadian-government-funded research program named the Industrial Research Assistance Program (IRAP) and it is this program which is hosting its own Ethereum blockchain explorer.

Ethereum Blockchain Explorer

IRAP has implemented the blockchain-based app on InterPlanetary File System (IPFS), a protocol that enables peer-to-peer storing and sharing of data on a distributed ledger. In this case, the explorer will allow users to search the Ethereum blockchain for government contracts such ...

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After Months of Waiting, JD.com Launched its Blockchain Platform and Mobile App

 

JD.com blockchain platform

JD.com has been busy today. On Friday, the Chinese e-commerce company rolled out two new products: a JD.com blockchain platform and a JD.com app. The latter is the platform’s first use case.

Here’s what we know. 

JD.com Blockchain Platform: Officially Live 

Today, JD.com posted a press release, which stated that the company had not only created a blockchain platform but a mobile application as well.

The company decided to both announce and launch the products Friday; this is likely a marketing move to keep the company in the backs of weekend traders’ ...

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UEFA’s New Ticketing System Uses Blockchain Technology

 

UEFA Ticketing System

The Union of European Football Associations (UEFA) has made quite the revolutionary announcement today. No, Lionel Messi has not quit football or anything like that, rather the announcement revealed the new UEFA ticketing system.

And the new UEFA ticketing system uses blockchain technology. Get in!

The UEFA Ticketing System

UEFA successfully deployed its new blockchain ticketing system via mobile phones.

The system was actually tested first back in May where it was used to sell 50% of the tickets for the 2018 UEFA Europa League final in Lyon and it was successful. ...

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Golden Gate Ventures to Launch $10 Million Blockchain and Crypto Fund

 

Golden Gate Ventures

Capital firm Golden Gate Ventures (GGV), based in Singapore, is planning to launch a $10 million USD fund exclusively for blockchain and cryptocurrency investments. The fund will be accessible for cryptocurrency start-ups as well as established blockchain companies looking for further investment.

The announcement was made via Reuters, early today August 10th. 

Who is Golden Gate Ventures?

Golden Gate Ventures is one of Southeast Asia’s leading venture capital firms. The new fund will see the GGV invest in start-up companies such as cryptocurrency exchanges, security providers, and blockchain tech startups. This investment will be ...

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