• It is a fact that UK banks are unwilling to provide their services to distributed ledger technology (DLT) companies. However, the Financial Conduct Authority (FCA) has questioned their official line of reasoning for this in a recent report. DLT Companies Denied Banking Services We all know that blockchain is an exciting technology with huge potential, hence many companies are building future development around its possibilities. The UK is positioning itself as a global hub for all

    UK Banks – scared of the regulator… or competition?

    | 2017/10/25 5:15 pm
  • Technological innovation has helped fuel the current massive amount of global trade. With a click of a mouse button and an online video conference, trade deals can be hammered out with each participant never even having to leave their own office, much less their own country. [Note: This is a sponsored article.] However, those who regularly traffic in international trade are not yet taking advantage of all that blockchain technology has to offer in the

    Built-in Arbitration System is the Hallmark of Confideal

    | 2017/10/24 8:30 pm
  • Many people in the development community have been working on a new feature for some coins called Atomic Swaps. These swaps completely remove the need for third-party oversight and put the trading of different cryptos into the user’s hands Decentralized Trading? In recent weeks there’s been a lot of talk in the crypto development community about a revolutionary idea known as a cross-chain Atomic Swap. Atomic Swaps are a new tech that is still undergoing

    Atomic Swaps: What They Are, How They Work, and What They Mean for Digital Currencies

    | 2017/10/23 5:30 pm
  • The rapid development of information technologies is affecting our daily lives – the way we communicate, do business, make purchases, carry out transactions, and monitor our health, are just a few examples of how our lives have been affected by technology. Obviously, every process in the financial service industry either is or will be affected by these changes. [Note: This is a sponsored article.] The Essence of Securitization Securitization, by definition, is the transformation of

    From Securitization to Tokenization at the Edge of the New Era

    | 2017/10/22 11:30 am
  • Mastercard has opened up their own blockchain to allow payment transactions to be carried out between selected banks and merchants, but this process uses fiat currency and not Bitcoin or other cryptocurrencies. Quite a few companies have taken a keen interest in what blockchain technology has to offer, and one of these corporate entities is Mastercard, the massive credit card provider. Mastercard has spent the last few years developing its own blockchain, and now the

    Mastercard Blockchain Now Open for Payment Processing

    | 2017/10/21 8:30 pm
  • Recognizing the importance of digital technologies in the financial world, President Vladimir Putin has ordered the issuance of a national cryptocurrency. Concurrently, Russian industry is intent on attaining supremacy in the cryptocurrency mining industry by introducing new computing technology. In effect, the Russian Miner Coin (RMC) company is promising a revolutionary technology for Bitcoin and altcoin mining that would significantly improve energy efficiency. Breaking Computing Technology Paradigms for Cryptocurrency Mining By using technological innovations, Russians

    Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies

    | 2017/10/20 6:00 am
  • If you have immigrated recently, it can be a tough task to get a credit or a credit card in a new place. I know it for sure as I changed several countries for the last three years following the expansion of my business — a fintech company and a social lending service provider MicroMoney. [Note: This is a sponsored article – written by Anton Dzyatkovsky, co-founder of MicroMoney] Even though in the previous country

    Immigrants: is it Possible to Get a Loan if You are New?

    | 2017/10/19 9:00 am
  • Japan’s Financial Services Agency allows Bitcoin to be used to pay for goods and services in the country as part of an effort to foster a growing Fintech industry despite a glaring lack of any significant investment. The Japanese Financial Services Agency announced earlier in the year that they would begin allowing payment for goods and services in bitcoin and require cryptocurrency exchanges to be licensed and audited, giving Bitcoin an actual approval when other

    Japan’s Embrace of Bitcoin Masks Lack of Fintech Investment

    | 2017/10/19 1:30 am
  • Prominent financial giant, JP Morgan Chase & Co. has introduced its new project that utilizes blockchain technology for international money transfers. Blockchain is Not a Fraud   JP Morgan has been featured in several articles in the last couple of weeks as its CEO, Jamie Dimon, harshly criticized Bitcoin by calling it a “fraud” and “tulip mania 2.0”. Dimon’s comments have caused a  lot of controversy in the Bitcoin community. In a recent article, Dimon even

    JP Morgan Introduces New Blockchain Money Transfer Project

    | 2017/10/18 11:15 am
  • 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