Law and Regulation of Bitcoin and Other Cryptocurrencies in South Africa

Nowadays, Bitcoin or cryptocurrency is no longer fresh new news to many people around the globe however, it is still has a difficult concept to understand, especially for newbies. As a basic understanding, digital currencies exists solely online and therefore it is intangible. Also, it is a decentralized currency that means, the value of the virtual currencies rely solely on the user’s networks or through ledger technology such as Blockchain which serves as a Public Financial Transaction Database. Consequently, the legality and regulation for digital currencies will depend on the…

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Bitcoin’s 10th year anniversary – New era of Technological Innovation and Global Disruption

  Enthusiasts and critics alike analyse blockchain’s evolution: from its inception and tremendous rise to the current state of the industry — one that is faced with challenges including regulatory uncertainty, security concerns, and issues with scalability.   What the future holds for decentralised technologies and crypto-assets?  Industry leaders comment on the rise and fall of bitcoin over the past decade, what systemic problems have contributed to the rise of blockchain technology, where we stand in terms of mainstream adoption, and an insight into what the future could hold for…

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Smart Dubai and IBM to Offer the First Government-Endorsed Blockchain Platform in the Middle East

  DUBAI, United Arab Emirates, 30 October, 2018 – Smart Dubai and IBM (NYSE: IBM) today announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform as-a-service in the United Arab Emirates (UAE). Delivered through an IBM Cloud environment and built locally in the UAE, the enterprise-ready platform will serve as a stepping stone for organizations in the UAE and globally to transition their blockchain testing and development into full-production. It will also transform and digitize applicable government processes and citizen services     Dubai has been…

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5 Tricks That Might Make Fintech Professionals Truly Stand Out

  As time passes on, the importance and significance of various Fintech operations are at a constant rise with respect to the companies across a variety of industrial sectors. Fintech opportunities are multi-varied as well as being up for further development and consolidation through intrinsic and constant research.     The trend that propagates and defined throughout the industries are the implementation of various Fintech activities and ideas generally implicates the application of various software systems of which a variety of APIs might be implemented across different kinds of platforms…

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A beginners guide to Bitcoin and Blockchain Technology

Cryptocurrency transactions are verified by the process known as mining. Miners are nodes that solve complex mathematical problems to enable the transaction to happen.     Although you could once mine your own cryptocurrencies using a standard PC, this isn’t viable any longer; the quality and quantity of hardware required to mine cryptocurrencies effectively is directly proportional to the volume of people deciding to mine. The physical components that are needed for mining involves specialized or consumer hardware and a combination of your graphics cards and CPU.    First of all…

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PLAAS: Simple and Revolutionary way for managing Farm data and access to Markets on the Blockchain

Gaborone, Botswana: 29 October 2018 – PLAAS is launching a platform that enables farmers to accurately record important farm data and get access to direct market. Backed by years of study of African farmer needs, the PLAAS platform is expected to play an important role in revamping farm outputs and increasing returns to farmers.       PLAAS is a mobile and wallet application that enables farmers and cooperatives to manage their daily farm production and stocks on the blockchain. Blockchain is used for data monitoring. It offers the farmers an…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 26 October 2018

Crypto News and Analysis Sony has formally announced their plans to develop a wireless crypto wallet. Sony Corp is letting the world know how serious they are about being leaders in the sale of commercial products that will be utilizing blockchain technology. Plans to build the state of the art hardware wallet is where it all begins with Sony. Hardware wallets will be where the wealth of the 21st century will be stored. And Sony wants to have a strong presence near the wealth of all cryptocurrency owners.    …

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Partnership becomes the key strategy to expand the global share in the mobile payment industry

Leading market players have opted the partnership as the key strategy to raise their stake in the global industry and build an international presence. Mobile payment has become a viable option as the world rides on the wave of digital transformation. Many tech giants have entered the industry with their tailor-made and best-in-class solutions. Market players have opted the partnership as the key strategy to raise their stake in the global industry.   Glance Technologies Inc. has partnered with the British Columbia Restaurant & Food Services Association to serve nearly…

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Edge Wallet Integrates ShapeShift, Changelly, Stellar and XRP

Edge Releases Expansive Suite of Updates   San Diego, CA – October 25, 2018 – Edge, the security platform and multi-asset mobile wallet, has announced a significant version update to Edge Wallet, which enhances user privacy while expanding users’ ability to securely buy, sell, and trade cryptocurrencies. The Version 1.4.0 update integrates leading exchanges Changelly and ShapeShift for additional currency support, and offers users the first decentralized crypto price hunting service. Additionally, the update makes Edge Wallet the first-ever multi-asset mobile wallet to support the sixth largest cryptocurrency by market…

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Private sector innovation is the key to blockchain adoption on a global scale says Lisk Head of Marketing, Thomas Schouten.

In an interview with Coin Telegraph published yesterday, Ryan Taylor, CEO of Dash Group, claimed that the ‘inevitable future’ of cryptocurrencies would lie with digital currencies issued by Central Banks. Taylor claimed that central banks will play a huge role in that as governments around the world begin to issue their own cryptocurrencies.     In response to this, Thomas Schouten, Head of Marketing, Lisk, believes that the greatest innovations in blockchain will come from within the private sector and that central banks are playing catch up to the exciting work…

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