Credit Suisse Predicts Consolidation Of Financial Markets Due To Blockchain IntegrationFinancial conglomerate Credit Suisse has published the report on possible impact of blockchain, once it’s implemented across diverse economy sectors. The report was prepared by thirty-one expert from different countries.
Reports: Cryptotechnologies Garner Record-Breaking Acceptance and InvestmentContrary to numerous predictions and announcements of bitcoin and related technologies being bleeding demised, recent reports depict a picture of increasing and, at times, overwhelming interest and support from financial industry. Thus, according to the report compiled by FTI Consulting, 70% of surveyed financial institutions believe that the blockchain technology is capable of impacting their […]
UN Report on Digital Currencies Calls to Balance Regulation and InnovationLast week, the UN Economic Commission for Latin America and the Caribean (ECLAC) released a
Europol Finds No Evidence Linking Bitcoin to Islamic StateAccording to a recent report by Europol, the EU top law enforcement agency, there is no evidence to back allegations concerning possible usage of bitcoin or other cryptocurrencies by the Islamic State terrorists to fund their activities. “There is no evidence however of IS-financing networks in existence. Despite third party reporting suggesting the use of […]
The International Monetary Fund Praises CryptocurrenciesThe International Monetary Fund issued a report praising the benefits of virtual currencies, and stating they are here to stay. The statement comes in contrast with the scandalous statements by Mike Hearn, which earlier claimed bitcoin failed. In a statement accompanying the report, the Managing Director of IMF Christine Lagarde said: “Virtual currencies and their […]
Latest Report States Virtual Currency is Attack Prone without State SupportA non-profit think tank RAND Corporation funded by the Pentagon and U.S. Homeland Security released a report titled “National Security Implications of Virtual Currency”, which analyzes possible scenarios of using virtual currencies (referred to in the text as just VC) by terrorists, insurgentes, organized criminals, and malevolent individuals, collectively referred to as non-state actors. The […]
The Internet of Things is on the MarchAccording to a newly issued report by the International Data Corporation, overall spending on the IoT-related products is expected to nearly double by the year 2019 to comprise almost $1.3 trillion, as compared to current $700 billion. Leading the trend is the Asia-Pacific region, which hosts more than forty percent of overall spending related to […]