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Why The Travel Industry Needs Crypto-Driven Solutions

The travel industry is one that could highly benefit from transitioning to blockchain technology – and it needs to do so immediately.Despite substantial and continuous developments in engineering new machines for transportation, the supporting services attached to them have not progressed at the same pace. As international travel has become more and more common, the […]

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The World Needs Fewer Blockchain Ideas and More Decentralization

Blockchain has become somewhat of a buzzword in the financial sector. Many people have high expectations for this revolutionary technology. However, some critics claim the financial sector needs decentralization, rather than more proprietary solutions. There are some reasons as to why this latter approach may be preferable.Is Blockchain Over-hyped?According to a recent piece on InvestorPlace, […]

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Bank of America Patents Blockchain Security Tools

Bank of America has won a patent for a way to control access to certain aspects of a permissioned blockchain network, newly published documents show.The patent for a somewhat innocuously titled “system for managing security and access to resource sub-components” explains how security tokens (essentially electronic keys, distinct from blockchain-based assets that mimic physical securities) […]

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The Auto Industry Is Gearing Up for a Blockchain-Powered Future

We’re all excited for self-driving, even autonomous, cars, and many tout blockchain as the technology needed to make that happen.But while that conversation is an exciting one today, CoinDesk’s Consensus 2018 conference played host to an array of esoteric use cases for the mobility space that showcase how many executives in the automotive space are […]

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Infosys Partners with 7 Banks for Blockchain Trade Finance Network

Indian IT giant Infosys is exploring the potential of blockchain technology to bring new efficiencies in trade finance.Infosys Finacle, a subsidiary of the firm, announced Wednesday the development of a trade network called India Trade Connect (ITC) in partnership with seven Indian private banks, including ICICI, Axis Bank, South Indian Bank and Yes Bank.The blockchain-based […]

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JPMorgan Has Asked a 29-year-old Highflier to Draw Up a Cryptocurrency Strategy

LONDON — JPMorgan has asked a London-based fintech head to draw up a cryptocurrency strategy for the bank.Oliver Harris, 29, is taking on a new role as head of crypto-assets strategy, reporting to Umar Farooq, the head of blockchain initiatives at the corporate and investment bank. Harris will also lead JPMorgan’s Quorum project, the internal […]

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E-Commerce Giant Alibaba’s Jack Ma Says Blockchain Is Not a Bubble, Bitcoin Is

Jack Ma, the founder of Chinese e-commerce giant Alibaba, spoke out at the 2nd World Intelligence Conference in Tianjin, saying that blockchain technology is not a bubble, but Bitcoin is, Wednesday, May 16.Ma said he has been researching blockchain for years, and believes strongly in its potential to address issues of data privacy and security […]

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How to Invest Wisely in Blockchain and AI Stocks Right Now

The stock market, especially on the technology side, is all about buzz words. Two decades ago, the buzz was all about internet stocks. A few years back, the buzz was all about e-commerce stocks. More recently, the buzz surrounded cloud stocks.But now, the buzz has pivoted to blockchain and artificial intelligence.Blockchain, which is the underlying […]

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Wall Street Vet Brian Kelly Launches Blockchain ETF

Investment manager Brian Kelly is launching a new blockchain startup-based exchange-traded-fund (ETF), he announced Wednesday.Working in partnership with REX Shares founder Gregg King, Kelly will actively manage a portfolio of roughly 30 companies actively using blockchain technology and matching one of four general criteria, he told CoinDesk. The fund will support firms from the seed […]

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IBM to Issue Cryptocurrency Token on Public Stellar Blockchain

Computing giant IBM has announced that it has signed a partnership with environmental fintech startup Veridium Labs to issue a cryptocurrency token on the Stellar blockchain.The initiative, unveiled on Tuesday, will see IBM and Veridium tokenize carbon credits, enabling pollution-heavy companies to offset the damage their operations cause to the environment. Proceeds from selling the […]

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