Bitcoin News 5 July 2017 – Bitcoin Scaling Looms – Countdown Dates to Watch

Bitcoin News Review and the Major news from today’s headlines – Countdown to SegWit: the Dates to Keep an Eye On;  Deloitte and Waves Platform have partnered and believe they will shape the future of the blockchain.



Countdown to SegWit: The dates to keep in mind:-

July 14: BTC1 Deployment
July 21: BIP91 Signaling to Start
July 23 (at the earliest): BIP91 Lock In
July 25 (at the earliest): BIP91 Activation
July 29: BIP91 Deadline
July 31: BIP141 Deadline
August 1: BIP148 Activation
For more info, go to the full article here

Note: We are getting closer to the scaling of Bitcoin, an upgrade that promises to relieve congestion and transaction time delays on the blockchain.



Deloitte and Waves Platform have partnered and believe they will shape the future of the blockchain.

The Waves CEO says “Our partnership is a significant step towards mass application of Blockchain technology. Presently, Blockchain companies are not regulated, as there is no existing legislation as such. Our strategic partnership with Deloitte will allow us to take active part in the formation of this regulatory landscape.”

Note: Waves is an open blockchain platform designed for ease of use and mass adoption. Anyone can use Waves to launch, distribute and trade their own crypto token. The platform is fully decentralized, transparent and auditable.



Other news headlines:-

Social payment systems are on the rise as Apple and Facebook get involved with Digital banking and payments

UAE on a quest to become the center of excellence for technology will be pushing FinTech innovation and provide regulatory advice

In a push for 260000 Japanese merchants to accept Bitcoin, a chain of 334 optometry stores using the app announced that it will accept the cryptocurrency starting 10 July. Since Japan made Bitcoin a legal payment system, Bitcoin adoption has shown rapid escalation.


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