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Daily Archives: August 6, 2016

Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February

Saheli 06 Aug 2016 625 Views

Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances ... Read More »

New multi-million-dollar school with the latest technology will enroll 650 students this August

Saheli 06 Aug 2016 645 Views

It’s one of the largest of Sioux city’s new elementary schools. It also may be one of the most energy efficient.The new multi-million dollar Perry Creek Elementary will open in the fall with some new bells and whistles no other local elementary has. As you walk through the halls of ... Read More »

Moody’s new report identifies 25 top blockchain use cases, from a list of 120

Saheli 06 Aug 2016 519 Views

Moody’s Investors Service (MIS) recently released a detailed report that names 120 blockchain projects being explored by various companies. The bond credit rating business then offers 25 top use cases for blockchain technology. The report, “Credit Strategy — Blockchain Technology: Robust, Cost-effective Applications Key to Unlocking Blockchain’s Potential Credit Benefits,” ... Read More »

How would Costco treat the chickens at its proposed Fremont plant?
Technology

How would Costco treat the chickens at its proposed Fremont plant?

Saheli 06 Aug 2016 705 Views

Opponents have lodged a long list of complaints against the chicken-processing operation Costco wants to build in Fremont, pushing back with concerns about pollution, illegal immigrant workers and whether farmers will get a fair shake. But there has been little talk about the welfare of the birds or of the ... Read More »

Ernst & Young Startup Challenge seeks blockchain solutions

Saheli 06 Aug 2016 740 Views

The multinational professional services firm, Ernst & Young (EY), recently announced a Startup Challenge in London, to “explore how blockchain technology can tackle challenges in digital rights management and energy trading.” With headquarters in London, EY has more than 700 offices in over 150 countries. The company employed212,000 people in ... Read More »

Ethereum hard fork results in two surviving cryptocurrencies, both are now trading

Saheli 06 Aug 2016 567 Views

After the DAO hack in June, Ethereum’s development team decided to resolve the situation with a hard fork, creating two separate networks and cryptocurrencies. This controversial move was widely embraced by those who lost money in the attack, but strongly opposed by those who want to save Ethereum’s original cryptocurency. ... Read More »

Decreasing relevance has consumers straying to bank alternatives, states Earnst & Young

Saheli 06 Aug 2016 656 Views

British multinational professional services firm, Ernst & Young (EY), recently published its Bank Relevance Index (BRI). The data shows how banks’ “decreasing relevance has consumers straying to bank alternatives.” “The BRI is the engine behind EY’s most extensive research survey into consumer banking behavior and trends, due out later this ... Read More »

Blockchain an ‘essential’ tech for CEOs, states PwC

Saheli 06 Aug 2016 614 Views

PricewaterhouseCoopers (PwC) is one of the world’s largest professional services firms in the world. With headquarters in London, the company operates in 157 countries, boasts 756 locations and employs 200,000 people. The company ended 2015 with global revenues reaching US $35.4b. “In the last year, we have helped 443 of ... Read More »

Ethereum Analysis: ETH vs ETC potential parity
Real Estate

Ethereum Analysis: ETH vs ETC potential parity

Saheli 06 Aug 2016 596 Views

Ethereum Vs Ethereum-Classic is producing an endless amount of news and more questions right now. Does ETH need to fork again? What’s going on with this replay attack? Putting aside the technical blockchain considerations as well as the philosophical one’s, today we take a day trader’s perspective to see what the ... Read More »

Bitcoin based content platform, Yours, attracts ‘overwhelming interest’ from investors

Saheli 06 Aug 2016 577 Views

Yours is a new decentralized content network that uses bitcoin to reward creators. As the project gets closer to launch, more details have surfaced from the development team, and a new project website has just been revealed. The idea came about a little over a year ago, when project leader ... Read More »

Asset holders to earn interest from fees on decentralized exchange OmniDex

Saheli 06 Aug 2016 680 Views

The Omni Layer Foundation recently released the latest version of its Decentralized Exchange, OmniDex 2.0. Omni holders will soon start receiving 0.05% of the exchange volume as interest, after an introductory month of fee free trading. The project initially launched as Mastercoin in 2013, raising over 5,000 bitcoins in industry’s ... Read More »

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