Tag Archives: Blockchain

Taiwan: Taipei Bank Launches First Blockchain Payment System In The Country

Privately-held Taipei Fubon Commercial Bank has reportedly become the first bank in Taiwan to deploy a blockchain-based payment system, local media Taipei Times reports May 14. The bank announced that it deployed its blockchain-based payment system for restaurants and merchants near the National Chengchi University. Taipei Fubon Bank first revealed its plans to introduce a blockchain-based payment network… Read More »

US: Seminole County Florida To Accept Crypto For Tax Payment

The Seminole County, Florida, tax collector Joel M. Greenberg announced May 14 that the county will begin accepting cryptocurrency for payment for various services this summer in order to eliminate heavy fees and improve payment accuracy and efficiency. According to a press release, the county will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) to pay for services,… Read More »

REX Shares to Launch Blockchain ETF, Managed by CNBC’s ‘Fast Money’ Brian Kelly

The U.S. Securities and Exchange Commission (SEC) has blocked the filings of Bitcoin exchange-traded-funds (ETFs) even after the launch of Bitcoin futures contracts in December 2017. The regulator now seems closer to accept this financial instrument, but some investment firms chose not to wait and get creative. REX Shares is about to launch BKC, its Blockchain ETF.Bitcoin Trader… Read More »

CFO of Australia’s Commonwealth Bank Quits Role To Join EOS Token Developer Block.One

Rob Jesudason, the Chief Financial Officer (CFO) of Australia’s Commonwealth Bank (CBA), has left the bank to join a blockchain company, the Sydney Morning Herald reports May 14. Jesudason resigned with immediate effect in order to become the group president and chief operating officer of blockchain software firm Block.one. Block.one is the developer of the ‘EOS.IS’ blockchain software,… Read More »

Polish Financial Watchdog To Fund Anti-Crypto Social Media Campaign

Poland’s Financial Supervision Authority (KNF) is conducting a social media campaign about the risks of investing in cryptocurrency, according to a May 10 post on the KNF’s website. KNF has placed a tender order of 615,000 zloty (around $173,000) to plan and conduct the campaign, which focuses on the risks associated with cryptocurrencies, pyramid schemes, and forex trading.… Read More »

Largest Credit Bureau In Eastern Europe To Use Blockchain For Customer Data Storage

The Polish Credit Office, Biuro Informacji Kredytowej (BIK), has partnered with UK fintech firm Billon to implement blockchain for customer data storage, according a press release from Billon today, May 14. BIK, the largest credit bureau in Central and Eastern Europe, is owned by Poland’s leading banks and tracks around 140 mln credit histories, according to the press… Read More »

Blockchain Tech in Porn Industry: The First Mobile App Offering Full Access to a Wide Range of Adult Content

To date, the porn industry is one of the fastest growing, with more than $100 billion in turnover, 2.5 billion requests on search engines per day, and on average more than 600 million active users every day.  However, while choosing porn videos, erotic video chats, adult online video games and at online sex shops we all prefer to… Read More »

New York City Wants To ‘Lead The Way In Blockchain’, Unveils Industry Initiatives

The President and CEO of the New York City Economic Development Corporation (NYCEDC) announced blockchain-related initiatives for the city today, May 14. The initiatives include the launch of the NYC Blockchain Resource Center and a public competition for blockchain apps to improve the public sector. According to the NYCEDC release, the Blockchain Resource Center will serve as a… Read More »

Microsoft May Build Identity System with Bitcoin Lightning Network

Microsoft, the world’s sixth-largest IT company by revenue, will have both cryptocurrency and stock markets watching as they announce its blockchain-based decentralized identity system at Consensus 2018 in New York City.The news may be especially bullish for Bitcoin as Microsoft developers hint they will use the actual Bitcoin chain to build the platform.Microsoft to Present Decentralized Identity PoC at… Read More »

HSBC Completes World’s First Blockchain Trade Finance Transaction

Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. Financial services group HSBC said on Monday it had for the first time utilised blockchain technology to complete a speedy commercial trade finance transaction that normally takes around a week using normal paper-based processing mediums. The transaction was the first time that a… Read More »