London becoming the Hub for Bitcoin Advancement London is quickly gaining traction in becoming a global hub for development digital currency users that includes premium financial institutions such as Bank of England, UBS, Barclays and Goldman Sachs. All these institutions are looking into using Bitcoins to expedite traditional financial processes.…
Barclays in conjunction with a start-up is working on how to use underlying technology of bitcoins, BlockChain, in their day to day banking activities. As per Finextra, the bank has joined hands with a Swedish company, Safello, that was also a part of Fintech accelerator program in London to understand…
Bitcoin seems to be all over the place these days. It is already inducted into the educational curriculum, government is looking for ways to regulate it and even the Wall Street seem to be intrigued with this wave of virtual currency. The crypto-currency has a potential, this one thing is…
Digital crypto currencies and especially Bitcoins are known for their decentralized setup and this is exactly what made so popular. However, from the looks of it, this is about to change! The way this world works is, mighty is the one who has access and control over the information and…
The decentralized network of Bitcoin allows money transfer based on P2P system. Every node of this system keeps the network alive by mining new coins and also validates the transactions. All the transactions that happen across this network are registered on blockchain which uses cryptography technology to validate the authenticity…
Diamonds are a girl’s best friends. This notion has been sold by top advertisers for tens of years to keep their products selling at a premium price. However, this generation is smarter and is not only looking for attractive but also intelligent ways to invest their money, thus the Bitcoin…
Crowdfunding has become one of the best ways to help new start-ups fuel their dreams by using platforms like Kickstarter and GoFundMe and seek donations from common people. Everyone is free to contribute as much as they like and in some cases, they are even given rewards for their contributions.…
In 2008 when Satoshi Nakamoto proposed an electronic mechanism that can function without relying on trust, did not see this coming. Today bitcoin ecosystem has been victimized with lack of faith in its systems since that very day. There is no doubting the technology behind Bitcoin which is robust and…
Samsung Electronics and IBM team up and show a keen interest in the Bitcoin technology. Even though the last one year have made the fate of Bitcoins uncertain in terms of acceptable form of payment and its value has fallen considerably, that didn’t stop major industry players to get attracted…
Jamie Dimon, President and chairman of JP Morgan Chase bank says that their bank will be able to learn a lot from the disarrayed payment system like that of Bitcoin. Dimon, although was initially apprehensive of this digital currency, later sent a letter to all the shareholders of JP Morgan…
