"The difficulty is coming up with a way to have consensus between different people on the database, so everyone agrees what’s on it. That’s the real innovation that was created. That’s where th... Read More
Here's a paradox.
Cascarilla says: "You’re appealing to the enlightened self-interest. Everyone wants to have a similar database to the other. It doesn’t cost you that much to run a data... Read More
Transactions over the blockchain are also much faster than working through existing systems, so counterparty risk — the risk that the person you're trading with goes bust before you complete ... Read More
Cascarilla says: "In the financial system you don’t actually know because it’s all moving around and there’s many days of settlement risk and it’s very hard to track the actual beneficial own... Read More
Since last August, Nabi has also been a member of a working group looking at how the technology that underpins bitcoin — blockchain — can be used in the post-trade stage of banking: clearing, ... Read More
Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000
Another billionaire investor has made bullish comments on bitcoin.
Marc Lasry, the co-founder, chairman and CEO of Avenue Capital Group, an investment firm with $9.6 billion in assets under managem
Pop Icon Peter Gabriel Has Invested in a Blockchain Startup
Legendary musician Peter Gabriel is backing UK-based blockchain startup Provenance, though the full amount of Gabriel's investment has yet to be disclosed.
Gabriel, formerly the lead singer of rock
US Government Backs Decentralized Energy Grid With $1 Million Grant
The U.S. Department of Energy (DoE) has announced it will award a grant of nearly $1 million to a blockchain startup in a move aimed to advance the development of a decentralized energy grid.
World's First Bank-Backed Crypto Exchange Finally Opens to the Public
The world's first bank-backed cryptocurrency exchange is now open to the public after months of delays.
Japanese financial giant SBI Holdings formally launched its in-house crypto trading platform,