Billionaire investor Michael Novogratz, speaking at the CB Insights Future of FinTech Conference in New York, said that cryptocurrencies could be worth north of $5 trillion in five years, and revealed he has 10 percent of his net worth holdings in bitcoin.
Small business financial software giant Intuit QuickBooks has integrated blockchain payment provider Veem to provide an alternative to traditional wire transfers. The announcement was made during the Money 2020 Europe conference.
Veem, previously Align Commerce,
Ken Kurson writes in the Observer that trusting in cryptocurrency isn’t so far removed from the trust we place in humans for managing fiat currency. Case in point: Illinois and its financial crisis.
China’s central bank has created a five-year development plan that pushes blockchain and other FinTech innovations.
The People’s Bank of China (PBoC) strategy for advancing technology in the country’s domestic financial industry was unveiled in an announcement that touted plans to strengthen research on applications for regulation,
The company’s decision to launch with the ETC/BTC trading pair follows BTCC CEO Bobby Lee’s public twitter poll in May.
Based in Los Angeles, Export Portal is a blockchain gateway for large scale business-to-business global transactions, unifying legal services, international payments, and shipping under the same umbrella by providing export/import legal documents, laws, and regulations documentation. Information is encrypted and shared in real-time with trading parties,
The Accounting Blockchain Coalition, a consortium of the largest accounting firms in the world, has announced formation of five working groups. The goal will be creating global accounting standards and creating plans for blockchain use in the industry.
Working group participants will only include coalition members.