RSK Brings Blockchain Regtech Leader Coinfirm and its AML/CTF Platform Into its Federation

Set to bring smart contracts and new scalability to bitcoin, RSK has partnered with Coinfirm and brought it into its federation to address AML/CTF through the team’s expertise and recognized blockchain AML/CTF Platform.     LONDON, Nov. 22, 2017 /PRNewswire/ — RSK, the company behind smart contracts for bitcoin, and leading blockchain regtech Coinfirm announced today a partnership to address anti-money laundering and counter-terrorism financing compliance for the cryptocurrency marketplace.  RSK  has brought in Coinfirm’s AML/CTF Platform along with its proprietary algorithms and big data analytics into its Federation. RSK has now added another strong…

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US$2b of capital available for FinTech start-ups through Singapore FinTech Festival 2017’s Investor Summit

SINGAPORE, Nov. 18, 2017 /PRNewswire/ — Over 1,000 attendees, comprising investors and FinTech start-ups, turned up at the Singapore FinTech Festival’s Investor Summit or “Deal Day” today, and up to US$2 billion of capital was made available for the start-ups. The Investor Summit was the finale of the four-month long matchmaking programme to provide opportunities for FinTech start-ups to access funding from local and global investors. More than 1,000 FinTech start-ups and 400 investors indicated interest to participate in the process and 525 connections were made among interested parties.     The Investor Summit,…

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Bitcoin News – Exponential Growth of Cryptocurrency Market

Bitcoin is the Trailblazer and King of Cryptocurrency also known as the “Internet of Money”.  The success of Bitcoin has led to the exponential growth of the altcoins market such as Ethereum, Ethereum Classic, Ripple, NEM, Litecoin, and Dash.  The first six months of 2017 has seen a spurt of growth from Bitcoin, Ethereum and various Altcoins that pushed the market cap over $100 billion collectively.   The various cryptocurrencies are not all the same as they have different applications.  For example:- BITCOIN – a store of value and payment…

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Bitcoin News 30 June 2017 – Ethereum Network Congestion Eased

Bitcoin Today – The Bitcoin price continues to consolidate around $2500 – enormous growth from the $1000 level of January 2017. Ethereum over the past few days has hovered around the $300 mark and looking strong. The network congestion of the past week or so could be improved as the Ethereum network’s transaction capacity has just been increased.  Stepping up the GAS!       News Headlines: Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017 Demand for Bitcoin Industry Surges, Blockchain & Coinbase Lead Investors Japan…

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What is Bit-Media – An Introduction

Introducing Bit-Media We are a community embracing the amazing opportunities created by new technologies such as cryptocurrencies, namely Bitcoin and Ethereum as well as FinTech, a new technology changing financial services industry. Watch this video to learn more about Bit-Media and where you can find us on Social Media and the web.   We invite you to take hands and join our community to embrace our new digital economy.   Here are the links to join our Community:-   YouTube         Facebook        Twitter  …

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Bitcoin Believers Business Manifesto

  From the desk of Bit-Media Zug, Cryptovalley Switzerland     Dear friend   We have taken the unusual step to write this manifesto because we have a wholehearted belief in this message that we are about to share with you and the world,   You see, we believe that we are at the start of a revolution that could be of more importance than the industrial revolution and it could well be the most important change that we as humans have ever made.   What are we talking about?…

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InsurTech, a Very Innovative Industry

The Digital Economy is innovating and growing in leaps and bounds… from FinTech, to RegTech and now InsurTech, which they say is the most innovative industry of them all.     “The term ‘FinTech’, while a decent attempt to bracket all innovation in an immense industry under one, tell-all heading, is a bit too broad. For that reason, other sub-terms such as RegTech, WealthTech and InsurTech have emerged. For the latter, given the breadth of established companies already around and the countless disrupters entering the field, the emergence of city-wide…

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FinTech and Artificial Intelligence, the Forth Industrial Revolution

FinTech is changing the way business interacts with the consumer and vice versa.  Mobile has transformed interaction enormously however, it is believed that changes in technology will be way more transformational.  Much interest, development and momentum in this area of late – the beginning of the Forth Industrial Revolution.   “FinTech will transform the way we live and do business. Whether it is cashless transactions between friends, sending remittances to family in other countries or apps that automatically invest savings at the best rates, FinTech provides consumers with better services,…

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Bitcoin News 11 April 2017

Bitcoin Today – the Bitcoin price is taking off! What can you expect with all this good news, growing interest and increasing adoption? Faith in Bitcoin remains despite the Block Size Debacle while Litecoin is aiming for a user activated soft fork which could be good news for Bitcoin’s scaling decision.   The price was over $1228 at time of recording… is the price going to push past the $1500 mark soon? Quite possible as Bitcoin is becoming very resilient. Total Market Cap of Digital Currencies Nears $30 Billion –…

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Is 2017 the year of RegTech?

What is RegTech?  By all accounts, RegTech is something to watch as 2017 has been touted as the “Year of Regulation”.   Regulation of Bitcoin Exchanges and Enterprises is being led by Japan and China with more countries following suit.    Bitcoin Regulation is also on on Swiss Government’s Fintech-Friendly Agenda.  This is a very positive move for Bitcoin’s growth in value which creates a bullish outlook for the future.   DEFINITION of RegTech – “A blend word of ‘regulatory technology’ that was created to address regulatory challenges in the financial…

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