Bitcoin community of India encourages government to legalize cryptocurrency. The Indian Foundation Digital Asset and Blockchain filed a petition to recognize the legality of bitcoin and other cryptocurrencies in the country. Collection of signatures against the backdrop of a resonance in media about bitcoin's illegality. The petition is addressed to the leadership of the Ministry of Finance and the Central Bank of India. The application has already been signed by more than 6 thousand people, however, the government needs at least 100,000 signatures to consider the petition.
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Ever since the birth of money, economies have controlled nearly every aspect of human life. Money is power, and escaping that principle is nearly impossible unless you want to live in the wild. Honorable, civil-based economies have historically forged the backbone of the most powerful nations on Earth. Without this willing deception to believe money has value—just like any physical product or service—there would be no complex markets to foster innovation.
Bitcoin is the most popular cryptocurrency today with millions of transaction taking place every day. It is created by solving complex algorithms with sophisticated computers in an energy-intensive process termed bitcoin mining. However, there are only 21 million bitcoins that can ever mined.\
These days, the banking industry is calling on their users to use digital banking payments instead of cash. According to research, some of the more economically developed countries, like Sweden and UK, will move to a cashless society by 2020. However, why are banks so eager to call on their customers to stop using cash?
Blockchain Technologies Corp. announced the release of the new web app that allows voters to report suspicious behavior at polling sites on election day.
This work is urgent amid news of hackers threatening the upcoming election and at least one candidates’ vocal concerns about possible “rigging” -- justified or otherwise -- undermining the public’s trust in the election process.
Innovation Enterprise introduced the Supply Chain Innovation Summit, coming to Chicago on November 17-18. During 2 days, high-level professionals will discuss new trends, challenges & solutions within supply chain management.
Bitfinex, one of the world's largest cryptocurrency exchanges, announced that many of its largest BFX token holders have agreed to exchange over 20 million BFX tokens for equity in Bitfinex. The equity consists of shares of Bitfinex's owner, iFinex Inc.