Blockchain technology to transform music industry
Sep 09, 2015 05:20 am UTC| Digital Currency
Bitcoin and the underlying blockchain technology are already creating waves in the financial sector with many people considering it as the next big thing since the internet. Theblockchain technologyis nothing but a...
Contactless payment limit raised in UK, Bitcoin an attractive alternative
Sep 08, 2015 12:13 pm UTC| Digital Currency
The payment system is being increasingly taken over by cashless payment mechanism and contactless payments are soon becoming the new normal. In the United Kingdom, the spending limit on contactless payment has been...
Westpac CEO: Bitcoin and the blockchain are "potentially disruptive"
Sep 08, 2015 10:50 am UTC| Digital Currency
Brian Hartzer, Managing Director and CEO of Westpac Banking Corp, believes bitcoin and the blockchain as potentially disruptive technologies which could be quite powerful from an efficiency point of view. However, he says...
Bitcoin’s fate indecisive in Russia
Sep 08, 2015 09:52 am UTC| Digital Currency
Owing to the potential of bitcoin and blockchain technology to disrupt traditional banking system, different countries have taken different stance on the matter. Russian Internet watchdog Roskomnadzor directed ISPs to...
Magnr announces back-office blockchain project
Sep 08, 2015 07:50 am UTC| Digital Currency
Magnr, a Bitcoin financial services provider, is working on a blockchain Project Kodo, and has also announced that Colin Kwan will take over as the new chief executive officer and oversee the development, as reported by...
How cryptocurrency transactions represent voluntary taxation system
Sep 08, 2015 07:01 am UTC| Digital Currency
Travis Patron, a digital money researcher, explained why bitcoin may facilitate a taxation environment subversive to national governments and that cryptocurrency is already taxed by default, in an article titled, Why...
French Investment firm eyeing Bitcoin for remittance market
Sep 08, 2015 06:06 am UTC| Digital Currency
Digital currency has taken the global financial sector by storm with major banking and financial institutions recognizing its potential. The most prominent one in the list is Barclays, which has two bitcoin innovation labs...