Bitcoin, it seems, is out — the cool digital currency taking the world by storm now is Zcash, a product designed by academics to be all but untraceable. Speculators love it — and have been paying for $1,000 a unit to get their hands on the next...
Across the world, business accelerators have been popping up. In the U.S. alone, the number of accelerators grew from 16 programs to 27 in 2009, to 49 in 2010, before eventually reaching 170 programs in 2014. And across the globe, there are 387 accelerators and counting,...
Blockchain technology has been finding its way into new industries. Thanks to this new technology, paper ledgers and trails could soon be a thing of the past in the food safety industry. Now, all in the name of improving food safety, Beijing’s Tsinghua University, IBM...
The investment that got away. The uncle who should have bought into Microsoft in the early 80s, the cousin who could have gotten in at the ground floor with Google, the neighbor who was “this close” to making a killing with Facebook, but instead used...
Only in the tech space do we see an unending list of prize challenges hoping to prove that bettering the future can come quicker if we drill down and compete. And the carrot in the competition is no chump change. From hackathons promoted by Worldpay with...
Each week it seems blockchain just gets another endorsement. This week? Richard Branson. The billionaire and Virgin Group founder said blockchain will create an “economic revolution,” especially in developing countries. His reasoning revolves around the issue of proving ownership of certain assets and access to capital. Pointing...
JP Morgan Chase is working on a new way to leverage the blockchain technology that supports bitcoin and allow the bank to design a publicly available system to complete confidential transactions. Instead of creating a completely new private blockchain — as many banks exploring the blockchain have done...
Could 2016 be “The Year of the Blockchain?” Some research says it could indeed be. IBM said, by this time next year, 15 percent of banks could be running blockchain solutions. IBM’s Institute for Business Value said it spoke with 200 global banks and produced...
Standard Chartered announced on Wednesday (Sept. 28) the completion of the first real-time cross-border payment for businesses with another major correspondent bank. The move is Standard Chartered’s latest step to leverage distributed ledger technology for its clients as part of the recently launched “Banking the...
