There’s another digital currency in town, and its name is YoCoin. The question is: Can YoCoin give bitcoin a run for its money? We’ll have to wait and see. But YoCoin is pitching itself as a “new cryptocurrency with mainstream appeal.” “Unlike most of the...
A group of U.K. banks may have just hit a cross-border blockchain payment milestone. This group, which includes Santander, CIBC and UniCredit, announced this week that it has hit a new milestone in the blockchain innovation space. What the group claims is that it has moved...
Remember Craig Wright? To refresh those memories, he’s the Australian computer scientist who is claiming to be bitcoin’s inventor (AKA Satoshi Nakamoto). He recently went as far as claiming that he would prove he was the creator but backed out, saying he couldn’t “be the...
The hacking of an experimental virtual currency project called the Decentralized Autonomous Organization (DAO) has sent a chill into the digital currency ecosystem. More specifically, Ether, a bitcoin-like digital currency alternative. Ether, which is a relatively newer digital currency on the market that runs on the...
Bank of Tokyo-Mitsubishi UFJ (MUFG) is looking to go beyond bitcoin to innovate its FinTech side. The bank is reviewing its own digital currency option that uses the same underlining technology. This report comes after a local newspaper reported that the bank would issue virtual currency next...
While the concept of incorporating blockchain’s tech into their own business models is gaining steam, institutional investors are still mixed on moving forward at full pace with exploring the full breadth of blockchain’s potential. In fact, in new research from State Street Corporation on the subject...
The company Blockchain, which is most known for its bitcoin wallet, has another project up its sleeves that it’s developing in order to make faster bitcoin payments. What the company is developing, according to a TechCrunch report, is a network called Thunder that enables users...
The state whose claim to fame is being the first state in the Union in 1787 might soon get a little more tech-savvy. Delaware, a state also known for incorporating most public companies, is eyeing the blockchain. Although this is still in the experimentation stage...
What happens when you get a group of Wall Streeters and 100 financial institution executives in one room to talk about FinTech beyond the power of the blockchain? You get talk about a “digital dollar” and the future of how the U.S. dollar could be...