#Blockchain

Dmitri Donets, deputy chairman of e-business center at PrivatBank presented an extended speech on the bank’s cryptocurrency-related intents at Blockchain Conference Kyiv.

According to Russian minister for communications, Nikolay Nikiforov, options of using bitcoin’s underlying technology of blockchain to the benefit of the state should be scrutinized. He told that on the sidelines of “Internet Economy” forum on December 21.

The idea that corruption is not really good comes from the very word, which derives from Latin for “spoilage”. That is how they called it in the ancient Rome, where it became comparable to the contemporary corruption in terms of scale by Caesar’s times. In order to give the phenomenon a name, the rhetoricians used […]

Several big-name companies from across both financial and technological sectors, including Cisco, Wells Fargo, London Stock Exchange Group, JP Morgan, Intel, Fujitsu, SWIFT, and IBM announced they created a consortium under the aegis of the Linux Foundation in order to develop an alternative for the blockchain technology.

The advent of blockchain is considered by some to be among the greatest breakthroughs in the e-banking realm. Those “some” include, for instance, experts from the Financial Times, or even officials from major banks. However, there is a significant downside to it all, as the technology may eventually deprive thousands of people from their jobs. […]

SWIFT, the international communications platform for international banking, announced a possible “roadmap” that might include the blockchain technology. As for now, they speak of improving the correspondent banking area. According to the statement, the organization expects the amendments to become effective as of early 2016.

Sberbank, Russia’s biggest state-owned bank, is planning to join R3 in order to develop its services with the blockchain technology. This was announced by the bank’s deputy chairman, Leo Khasis, in an interview to Kommersant.

It so fell out that I use my spare time to come up with bizarre jokes. Most of them are too complicated to become popular; however, sometimes my majesty comes down from the ivory tower and generates something that immediately spreads out like a virus. It spreads out so effectively that my facebook friends sometimes […]