Bitcoin inched up as high as $5,700 today, as the major rally that fueled an enormous rise in the last few days cooled a bit. At mid-day, bitcoin was at the $5,600 level for its single-coin price, a gain of more than three percent on the day.
Armin Ebrahimi is Founder and CEO of ShoCard, a digital identity verification system that protects consumer privacy through patented use of mobile devices and the blockchain. An industry veteran, he brings more than 30 years of experience in scalable platforms, online services, mobile-development and digital advertising to the ShoCard team.
JPMorgan Chase may not like bitcoin and other cryptocurrencies – just ask CEO Jamie Dimon, who recently called bitcoin “a fraud” – but the underlying blockchain technology is apparently another story.
The banking giant said today that it will launch a new payment processing network that uses blockchain in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group.
Professional services giant Accenture has appointed Iliana Oris Valiente as managing director and global blockchain innovation lead for the company’s emerging technology group, effective immediately. She is responsible for developing Accenture’s cross-industry blockchain technology capabilities and its talent pool for blockchain consulting, architecture and technology delivery.
Blockchain consulting and production firm ConsenSys recently held a forum with the US State Department to bring together government agencies with the private sector to explore the policy implications and potential applications of blockchain technology.
Jason Brett is the Director,
An official for a division of the People’s Bank of China (PBoC) has touted the need for a state-issued cryptocurrency that would be controlled by the government.
Yao Qian, the Director of the Digital Currency Research Institute, a division of the PBoC, made his pitch at a meeting hosted by the International Telecommunications Union.
Yet another Russian official has claimed Russia will launch its own digital currency. This time, more details have emerged, indicating that the new currency will be centralized and can’t be mined.
The so-called “CryptoRuble,” as press reports have named it, has no specific timeline to its roll out.
IBM, financial services company KlickEx Group and blockchain nonprofit organization Stellar.org are collaborating on a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments.
The blockchain solution is designed to improve efficiency and reduce the cost of making global payments for business and consumers.
SBM is the second-largest bank in Mauritius with a market share of about 25% of domestic banking assets.
OKEx, a digital asset trading platform launched by OKCoin, has added support for Tether (USDT) trading.
USDT is a cryptocurrency asset issued on the bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a US Dollar held in the reserves of Tether Limited.