• Anton Dzyatkovsky, co-founder of MicroMoney, explains how blockchain technology and increasing internet penetration into previously untapped regions can help bring previously inaccessible financial services to the unbanked. [Note: This is a sponsored article.] I believe that the evolution of blockchain-based infrastructures and active Internet penetration in emerging markets enable the financial industry to provide services to a much larger audience than before. I have to put it simply — there is now an open path

    Crypto-economy: a Path for 2 Billion Unbanked Cash Adepts

    | 2017/10/18 11:00 am
  • MicroMoney COO and co-founder Sai Hnin Aung offers his thoughts on how blockchain technology can level the financial playing field for the 2.5 billion unbanked people in the world. [Note: This is a sponsored article.] I am completely sure that financial exclusion can really be eradicated. That has become possible due to the lending industry I have the honor to belong to. Our social business idea hasn’t arisen out of the blue. For centuries people have been

    Blockchain Changes Banking for the Unbanked

    | 2017/10/16 8:00 pm
  • Apple is internally expanding tests of its new Apple Pay Cash feature, thus further intensifying the battle for the supremacy of the mobile payment ecosystem. Moreover, Bitcoin’s advances and Apple’s latest efforts further underscore the obsolescence of the banking industry. Bitcoin, Apple, and Peer-to-Peer Payment Solutions Apple is enhancing its Apple Pay application by adding the Apple Pay Cash feature to facilitate person-to-person money exchanges. According to Apple’s website: You can make secure purchases in

    In Apple’s Battle for Supremacy in the Payment Ecosystem, Bitcoin Will Win

    | 2017/10/16 1:15 am
  • “A good name is more desirable than great riches; to be esteemed is better than silver or gold.” Proverbs 22:1 Bunty Agarwal and Denis Grodetskiy, MicroMoney Advisors, ICO Strategists, and Business Model Analysts at Group 5 Advisory We, at Group 5 Advisory, share MicroMoney’s vision of how technical solutions such as “digital DNA” can help the unbanked people in emerging economies benefit from accepting technology as it has been designed by MicroMoney. Ultimately, it is

    A Good Name is More Desirable Than Great Riches

    | 2017/10/15 3:00 pm
  • UTRUST, a fintech solutions company is on the verge of making cryptocurrency payments a norm with its new PayPal-like platform. Unlike other cryptocurrency payment processors, the UTRUST payment solution ensures that the interests of both users and merchants are protected. UTRUST is the creation of a highly experienced team, who have been involved with a range of different sectors including corporate management, B2C startups, payment solutions, blockchain development and more. They have created one of

    UTRUST, the PayPal-like Cryptocurrency Payment Solution Announces ICO Campaign

    | 2017/08/24 10:00 am
  • Until now, finding ourselves with a wallet full of Bitcoin but devoid of cash has meant one thing. An intense period of holding on to our asses. I mean, nervously watching every price rise from the time we sold until we could afford to buy back in. Or in my case, never quite getting to that point. Now there is a solution for those of us desperately HODLing who sometimes also find ourselves desperate for

    How to Release Equity and Still Hold on to Your Crypto Assets with SALT Lending

    | 2017/08/16 8:30 pm
  • More and more traditional financial services are starting to realize the dozens of potential benefits of integrating digital currencies to their existing operations. Fidelity Investments has joined the list this week. Traditional Investing Meets Digital Currencies Fidelity Investments, a Boston based firm that manages client’s portfolios and provides investment advice, has announced that they have partnered with Bitcoin exchange and wallet provider service Coinbase to allow customers to view their digital assets on their Fidelity

    Fidelity Investments Adds Cryptocurrency Integration Through Coinbase

    | 2017/08/11 10:30 am
  • In the last couple of months, projects that had ICOs have managed to collect the impressive amount of $1.7 billion. Giving the Market Confidence Since a long time now, ICOs have been attracting a lot of attention from investors, startups, entrepreneurs, and regulators. One of these regulators is the Securities and Exchange Commission (SEC), which recently published an official report, explaining its official stand on initial coin offerings. According to the official report, initial coin offerings that

    For the First Time ICOs Raised More Money Than VCs

    | 2017/08/10 10:00 pm
  • Law makers from both sides of the political divide have called upon the Reserve Bank of Australia to embrace blockchain technologies. This follows yesterday’s all time high Bitcoin price of over $3400. Liberal senator Jane Hume from the ruling coalition and Labour senator Sam Dastyari have formed the Parliamentary Friends of Blockchain, as reported in the Sydney Morning Herald. They claim that failing to capitalise on the potential of crypto-currency could put the future of Australia’s

    Australia Latest Country to Push for National Cryptocurrency

    | 2017/08/08 12:15 pm
  • Bank of America has filed three new blockchain-related patents geared towards data authentication and identity verification. The new patents are the latest in a growing number of blockchain patents filed by the financial services giant. Creating Innovation With Blockchain Financial services company Bank of America has submitted three new blockchain patents that focus primarily on authenticating information as well as those who handle it. According to the official website of the United States Patent and Trademark

    Bank of America Files Three New Blockchain Patents

    | 2017/08/04 5:45 pm
  • The SEC has officially published a report wherein it describes the potential risks of Initial Coin Offerings (ICO) and Decentralized Autonomous Organizations (DAO). The DAO Report The U.S. Securities and Exchange Commission published a report on July 24, that details its investigation into the DAO project. The DAO (Decentralized Autonomous Organization) was founded by the German startup Slock.it UG. On June 16, 2016, the DAO project was hacked and the attackers were able to steal 3.53

    SEC Issues Warning for ICO Issuers and Investors

    | 2017/07/26 2:00 pm
  • The National Bank of the Republic of Belarus has deployed an information network based on blockchain technology, according to a recent press release. This is intended for use in a wide range of “modern and advanced” scenarios in both the banking world and further afield. Practical Applications The network is initially to be used as a register of bank guarantees and their issuance. Belarusian banks will soon be able to transfer verifiable records of such, enabling

    State Bank of Belarus Builds on Blockchain

    | 2017/07/19 1:00 pm
  • Over 500 people attended a panel discussion to hear Microsoft officials discuss blockchain’s potential for industry disruption. Leading the Blockchain Industry On July 12, Microsoft organized a panel discussion to explain its ambitions for blockchain technology. Two leading Microsoft officials, Yorke Rhodes, global strategist for blockchain, and Craig Hajduk, a principal manager for blockchain engineering, discussed how Microsoft is aiming to be the leading provider of blockchain enterprise services. Over the past two years, the famous

    Microsoft Reveals Ambitious Blockchain Strategy

    | 2017/07/15 6:30 pm
  • Recently the Italian government was forced to bailout 2 major banks for $19.4 billion, in one of its wealthiest regions. Roberto Ferrari, Chief Digital and Innovation Officer at Italy’s Mediobanca Group, believes that blockchain and fintech could have prevented this issue. The Bailout Two major Italian banks, the Banca Popolare di Vicenza and Veneto Banca were recently rescued by the Italian government. The European Commission approved the plan of the Italian government, to commit as much as

    Blockchain and Fintech Could Fix Italian Banks

    | 2017/07/09 9:00 am
  • The cryptocurrency industry is full of altcoins, and their number has already exceeded one thousand. Due to the fact that most cryptocurrencies are open source, it can often take just one tech-savvy enthusiast to fork a virtual currency and thus create something completely different. That is how Litecoin came to be. The Birth of Sibcoin When it comes to these forked cryptocurrencies, however, the sad truth is that unless the developers have something serious on

    Can Sibcoin Outdo Mother Coin Dash?

    | 2017/07/08 12:00 pm
  • The International Monetary Fund urges banks to pursue blockchain investment before they face irrelevancy in the face of a competing fintech industry. How A Central Authority Can Stand to Benefit A staff discussion note from June 2017 provides evidence of the IMFs position on cryptocurrencies, as they move to adapt and promote adoption. The Director of the IMF Christine Lagarde has previously praised blockchain technology for the savings and speed it offers the financial services industry. Her comments

    IMF Looking at how Blockchain Technology Can Revolutionize the Banking Industry

    | 2017/06/28 11:30 am
  • Idealists have labored on and on about the thousands of potential uses for blockchain services since its inception. As a host of blockchain-based projects and services continue to emerge, we are finally beginning to see the fruits of that labor. Speeding up Administrative Congestion The technology under the hood, known as a blockchain, is being tested more and more to see how it can change different services around the world. From currencies to record keeping,

    Improving Public Services Through Blockchain Technology

    | 2017/06/25 9:30 pm
  • Global startup District0x is building a network for decentralized markets and communities, powered by Ethereum, Aragon and IPFS. The DAO Hack A year has passed since the fatal DAO hack, which managed to steal $50 million from the smart contract. Since then the cryptocurrency market has grown to a staggering $109 billion market. Ethlance, a marketplace on the District0x Network is aiming to prevent a similar or worse hack. District0x is a network of decentralized markets and

    District0x: A Network for Decentralized Marketplaces and Communities

    | 2017/06/25 6:30 pm
  • Founded in 2015 and a graduate of this year’s PayPal incubator program, Singapore-based company TenX managed to raise $34 million through their recent ICO.   One of the major problems that cryptocurrencies face today is the liquidity for real-world usage. Only a very few cryptocurrencies have a high enough trading volume and liquidity support in order to provide such a service. According to the TenX team, many cryptocurrency users face this problem: Once you start

    TenX ICO Raises $34 Million in 7 Minutes

    | 2017/06/24 4:00 pm
  • The Sibcoin team has announced the launch of Perevod.io, a decentralized service for international money remittances. The service allows two parties to send each other fiat money through Sibcoin-supporting exchanges and requires no specific experience with cryptocurrencies, which fulfills the project’s promise of bringing cryptocurrencies closer to people. Perevod.io is applicable in numerous use cases, including operation in underbanked countries, bypassing international sanctions imposed on financial services, and avoiding excessive transaction fees inherent in traditional

    Sibcoin Launches a Decentralized Service for International Remittances

    | 2017/06/23 12:30 pm
  • A new machine-based investing platform called Catalyst aims to allow cryptocurrency investors to become bitcoin fund managers. Disruptive Trends in Finance Enigma is a start-up run by MIT graduates and their current project is an online financial platform called Catalyst. According to the platform’s whitepaper, “Algorithmic trading and machine learning are proving to be disruptive trends in investment management.” Bitcoin and cryptocurrency have a large barrier of entry for those looking to invest the smart way. Many current,

    MIT Grads Envision a Future Where Anyone Can Start a Bitcoin Fund

    | 2017/06/07 1:00 pm
  • The Beth Fund is a new generation investment fund, headed by Dr. Seiji Yoshizaki, partner Hayato Takano and a team of four Japanese fintech entrepreneurs. The blockchain-based fund combines their company’s ‘Deep Learning’ practices with the power of Ethereum Technology.   As they develop innovative technology, the company is offering an opportunity to investors and cryptocurrency community members to be part of the ecosystem by participating in the ICO. The upcoming Beth crowdsale is expected

    Beth: A New Generation Closed-End Fund Based on Ethereum & Deep Learning

    | 2017/05/23 5:30 pm
  • Swiss EY (Ernst & Young) Partner Daniel Haudenshild, financial services managers Valdemar Scherer and Sven Möller are collaborating with Polybius Bank project’s team to assist in company operations, technology, and legislation. Polybius’ target is to offer a fully regulated, decentralized bank for cryptocurrency enthusiasts and entrepreneurs. Big Four Auditor EY Interested in ‘Cryptobank’ Project The Estonia-based startup is targeting the ICO for this month, in a bid to add to the initiative’s growing community support.

    Swiss EY Team & Polybius Are Building a ‘Cryptobank’, ICO to Follow

    | 2017/05/23 7:00 am