Category: Technology
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Online Automotive Parts Retailer To Accept Bitcoin Cash
Newparts, an online automotive parts store, announced that it has included about seven cryptocurrencies as a payment option. The firm stated that now it will accept Bitcoin Cash (BCH) and Bitcoin Core (BTC) too. The U.S. dealer incorporates a list of over one million parts. Newparts announced that cryptocurrency will allow it for expanding its…
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GCC Launch Is What Cryptocurrency Exchange Of Bahrain Looking For In 2019
A Bahrain-based cryptocurrency exchange, Rain, supported by Bitcoin developer Jimmy Song, is seeking a full operating license in 2019 to expand its activities in GCC. If successful, the company would be the only regulated digital currency exchange in the province. This monitoring can reassure unconvinced investors of cryptocurrency transactions, which have so far suffered from…
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Investment Management License Approved For Crypto Fund In Switzerland
Crypto Fund AG, a Swiss-based virtual cash fund said the FINMA (Financial Markets Supervisory Authority) has granted it an asset management license. The license allows the company to manage investments related to cryptocurrency in Switzerland and endeavor others as well. Crypto Fund is also authorized to provide investment advice to companies. “The authorization corresponds to…
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IBM Launches Blockchain Network To Track Food Along With Retail Giant Carrefour
The US technology giant IBM has officially introduced blockchain network for food tracking named as Food Trust, after a long testing phase of 18 Months, the company said in a press release on. In the same announcement, the company revealed that another major food retailer, Carrefour, has joined its ecosystem. The French company with more…
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Grant Approved For Telephone Number Management Through Blockchain By UK’s Telecoms Regulator
The UK Office of Communications (Ofcom) receives a £ 700,000 grant from the Business, Energy and Industrial Strategy (BEIS) Strategy to explore the possibilities of blockchain technology, according to a statement released. This subsidy would help the UK telecoms regulator investigate how the blockchain can improve management of landline numbers. BEIS, founded in 2016, is…
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Millennials With High Income Are More inclined towards In Crypto Investments, Survey Says
A recent study by the blockchain company Clovr found that investing in cryptocurrency is the most popular among millennials that earn between $ 75,000 and $99,999 per year. The survey got responses from more than 1,000 Americans that fall in the age band between 18 to 80 Years. According to the survey, men are almost…
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Circle Acquires Seedinvest, A Brokerage Firm, And Crowdfunding Platform
Circle Internet Financial Ltd, Cryptocurrency Financial Corporation took over the brokerage firm and equity crowdfunding platform SeedInvest. As per an announcement, the exact terms of the transaction were not disclosed.. SeedInvest, headquartered in New York, was set up in 2012 as an investment platform for startups. Since then, the company has raised funds for 220…
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NSE To Perform Tests To Employ Blockchain For E-Voting
NSE (National Stock Exchange of India Limited) has declared that it will examine E-voting for listed firms on Elemential Labs platform employing the blockchain tech. The aim is to offer a short risk effort solution for E-voting. As per a media release, the pilot (intended at offered a low risk and highly transparent solution for…
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Porsche Looks Keen On AI And Blockchain Startups For Investment In New Technologies
According to a press release on September 25, German automaker Porsche AG will spur its investment in startups with a focal point on artificial intelligence and blockchain by about $176 Million in the coming 5 Years. The increase in Porsche’s total investment in venture capital operations over the upcoming five years is owing to the…
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Walmart Needs Around 100 Companies To Incorporate Blockchain Tech
Walmart, the US retail goliath, and one of its division Sam’s Club, which is a membership-only club, are searching for suppliers for leafy green to implement a farm-to-store tracking system that depends on the blockchain technology, as reported by Reuters. The peer-to-peer tracking system depends on the DLT (distributed ledger technology) created by IBM, the…