#Blockchain

There are lots of researches concerning the way blockchain may cut operational expenses, accelerate transactions and settle issues with KYC and AML regulations. However, the very issue of KYC is problematic both for crypto-industry itself and global finance. Expenses for customer identification, anti-fraud efforts, and follow-up of such operations are truly colossal. The very procedure […]

Our weekly overview highlights the most interesting tidings of this week. Bitcoin Price Bitcoin has been stable for the better part of the week, with its price fluctuating between $418 and $423. However, Friday night it abruptly dropped to $414. Later on, it returned to $417. Some experts believe that price stability is caused by […]

Vice President of Sberbank of Russia, the country’s biggest state-owned bank, Andrei Sharov believes banks may disappear by 2026 because of blockchain technology’s impact. “In ten years, I’m afraid, there will be no banks, and I won’t have any job. Now, peer-to-peer crediting platforms are effectively developing, just as blockchain-based payments technologies,” he told Rambler […]

R3 has finally shared the details of their work on their financial solution for banks, Corda, based on distributed ledger. The blockchain startup R3, founded in late 2015, leads a consortium of 42 major banks and financial institutions with the single aim – to provide banks the opportunities of the disruptive technology in a way […]

Conference Money 20/20 Europe kicked off on Monday, April 4, in Denmark’s capital of Copenhagen to feature a host of prominent speakers and attendees, including over a thousand of CEO’s from around the world. Apart from other things, the conference will give a closer look at fintech development, cryptocurrency and blockchain regulation, and other related […]

Last year, blockchain has effectively become a buzzword for banking organizations. The initiative of R3CEV, an umbrella for several major financial players, is the talk of the town. However, in the light of recent leakage of so-called Panama papers, all those initiatives, from Ripple experiments to R3CEV, should probably be considered from a different point […]

Part One covered general features and peculiarities of bitcoin in comparison to national currencies of a cashless economy. Part Two covers bitcoin’s perspectives under conditions of negative percent rate policy (NIRP).

Publications specialized in covering crypto-industry use the term ‘cashless economy’ in the context of convergence between modern-day national currencies and bitcoin. While bitcoin hasn’t been a coin or a banknote for a single day in the first place, national currencies are only starting to abandon those ‘barbarian’ forms. Digitized national currencies require a certain degree […]