Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors

digital real brazilianA tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used in public blockchains following all compliance rules set […]

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JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services

JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related ServicesJPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related services.” JPMorgan’s Blockchain Plans JPMorgan Chase & Co foresees increased blockchain usage in traditional finance and […]

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Private, public and consortium blockchains: The differences explained

There are three main types of blockchain technology: public, private and consortium blockchains, each of which has specific pros, cons and ideal uses.

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Société Générale Launches Blockchain-Based Structured Product

French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into Its Ecosystem In its latest milestone in the blockchain arena, French multinational bank Société Générale has issued its very first structured […]

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BOSAGORA(BOA) Won UN Solidarity Awards

Public Blockchain Platform ‘BOSAGORA’ has received ‘the UN Solidarity Awards’ last 16th. The UN received stories of various actors contributing to individual/society to overcome COVID 19 last May. Among thousands of entries were gathered from all around the world and the UN hand selected the 50 most touching and effective entries that aimed to overcome […]

The post BOSAGORA(BOA) Won UN Solidarity Awards appeared first on Bitcoin News.

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Antpool Begins Burning BCH Network Fees Increasing Digital Scarcity

Antpool Begins Burning BCH Network Fees Increasing Digital ScarcityOn Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. […]

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What Is Ontology Cryptocurrency?

It seems there is one cryptocurrency and blockchain project which has been making a lot of waves lately. Known as Ontology, this new high-performance public blockchain will be quite interesting to keep an eye on. So far, the project is still in the early stages of development, but there will be some milestones to be achieved in the coming months. Ontology Explained When it comes to public blockchains, one of the more pressing issues these days is scaling. No public blockchain can properly scale to enterprise-grade levels in their current form. Ontology aims to address that problem by introducing a new high-performance blockchain which serves as a

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China’s PBOC Governor Speaks Against Speculative Cryptocurrencies

China's PBOC Governor Speaks Against Speculative CryptocurrenciesThis week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), […]

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