Cryptocurrency does not pose a risk to global financial stability reports the FSB

A report published by the Financial Stability Board (FSB) was recently released and, the international body that monitors and makes recommendations about the global financial system, has claimed that cryptocurrencies do not currently pose a risk to global financial stability.     The report also suggests that vigilant monitoring is needed due to the speed of market developments, while asserting that cryptocurrencies could have implications for financial stability in the future, should the use of crypto-assets continue to evolve.   Leading projects within the blockchain and cryptocurrency space, including: Orvium;…

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Blockchain Technology: Its Applications and Impact on Various Industries

  Distributed Ledger systems such as Blockchain gained mainstream recognition after serving as the underlying technology behind cryptocurrencies. Today, multiple industries are embracing the variety of applications that implement Blockchain technology.   There is a growing demand for services today that embrace transparency and data security. A distributed ledger technology provides a way to record and transfer data that are not only safe and transparent but also auditable and resistant to change. The key behind this is to have an open and decentralized system, where transactions between two parties can…

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RAILROADED – Inner workings and Conflicts in the Silk Road story

This is the second in a six part series of RAILROADED, the targeting and caging of Ross Ulbricht and behind-the-scenes information.  As detailed in the written version “FREE ROSS RAILROADED – A peek into the inner workings and conflicts in the Silk Road story and meet the people involved. It’s an eye-opener!”     This episode includes: – Thwarting Der-Yeghiayan Being Wonderful The Setup Closing In  New York Takes Over   Click here to watch EPISODE 1 – RAILROADED? Ross Ulbricht and the Silk Road Case        …

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How can Blockchain Technology disrupt the Car Insurance Sector?

  Car insurance has been around for a while now. Even thousands of years ago, Chinese merchant seafarers used to form a collective fund to pay for the damages of any capsized ship among the group.   While technology has grown by leaps and bounds over the past decade, the multi-trillion global vehicle insurance is still stuck to their traditional methods in many of their operations. For example, brokers call potential customers through the phone to narrate their sales pitch and payments, and claims are processed manually via paper contracts.…

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Blockchain & Bitcoin Conference Switzerland: Crypto Event in the Fintech Capital of Europe

  On October 9, 2018, the international company Smile-Expo will host the second Blockchain & Bitcoin Conference Switzerland – large event about DLT and cryptocurrencies. The conference will unite top professionals from the DLT sphere, as well as investors, developers and market analysts.   Guests can expect: top international speakers from leading companies; discussions of topical blockchain issues and use cases; pitch sessions with unique ideas from innovative startups; exhibition of new DLT-based solutions; new business contacts; productive networking.   Only 3 days, from 03.10 to 05.10, you can buy 2 tickets…

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BitMEX Announces Regulatory Expert Angelina Kwan as COO

  BitMEX Appoints Leading Regulatory Expert Angelina Kwan as COO – Former Managing Director of HKEX to advance global crypto trading platform’s growth   Seychelles — October 2, 2018 — BitMEX, one of the world’s leading crypto-coin trading platforms, has appointed leading regulatory expert Angelina Kwan to the role of Chief Operating Officer. Kwan previously served as Managing Director and Head of Regulatory Compliance for Hong Kong Exchanges and Clearing Limited (HKEX). She will be responsible for overseeing and driving the company’s growth, while guiding BitMEX on its mission to…

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5 Years Since Silk Road Was Shut Down – How Has Cryptocurrency Changed?

Five years ago today (October 1st, 2013), bitcoin’s most notorious marketplace, the Silk Road, was shut down by the FBI and its founder Ross Ulbricht arrested. Operating as part of the dark web on a Tor hidden service, the Silk Road was an online platform where people bought and sold illicit goods and services using bitcoin. While millions of dollars were transacted over the website in its short span, the Silk Road made headlines around the globe when it was shut down by the FBI after a controversial investigation, and…

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Don’t get left behind: The digital economy, automation and the future of work

  In the west, the term digital economy was first coined in 1995 in Don Tapscott’s book The Digital Economy: Promise and Peril in the Age of Networked Intelligence. Prior to this, not a whole lot of consideration was given to how the internet might change the way we live and do business. Of course, it is well understood now that the digital economy has helped, and has potential to help still, with things like scientific research, economic growth, improving living standards and providing job opportunities. Currently, it makes up…

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Your First 100 Million – great advice for building your Cryptolife

“Dress British think Yiddish” – real advice from a real financial guru…     Surviving in the cryptomarkets takes grit and some street smarts, nobody teaches and tells it straighter than Dan Penna aka the 50 Billion dollar man. Pena made his first big money in the oil business and is the founder and chairman of The Guthrie Group, an investment consortium, incorporated on the Channel Islands in 2002. He also founded a company called iZone-iHUB, which ran a hackathon with the stated purposes of allowing start-ups the ability to…

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What Makes Blockchain a Robust and Revolutionary Technology

  What is Blockchain technology and why is it considered so revolutionary that more and more industries are adopting it to optimise their operational efficiencies? It is because there are specific inbuilt attributes in Blockchain that has made it a very robust and powerful technology.     What is Blockchain   In very basic terms, Blockchain is the process of maintaining a continuously growing database and volume of records through a series of blocks. Every block in the chain has a timestamp and is linked to the previous block. All…

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