Inshorts

The well-known manufacturer of hardware cryptowallets Ledger began to cooperate with Intel. Companies will work on integrating the BOLOS operating system (Blockchain Open Ledger Operating System) used in Ledger wallets into the Intel product line, where Software Guard Extensions (SGX) technology is used. "We have seen an increasing demand from the market for secure solutions to manage crypto assets over the past couple of years. Following the launch of a line of hardware wallets based on our operating system integrated in a secure chip, working with a leading player like Intel is a unique opportunity to keep providing our growing client base with innovative solutions for cryptocurrency and blockchain applications," said Ledger CEO and co-founder Eric Larchevêque. The development of the companies will be integrated into popular software cryptowallets, including Electrum and MyEtherWallet. Note that the solution from Intel will protect important data from unauthorized use.

Bitcoin millionaire in a boxing match with a banker. Young bitcoin-entrepreneur Erik Finman calls JPMorgan's CEO Jamie Dimon in the boxing ring. Erik Finman got rich at the age of 18, investing 1000 dollars in bitcoin in the spring of 2011. This summer Finman said that he had accumulated more than 400 bitcoins. The young man is ready for battle, in the literal sense of the word, for the high rank of bitcoin with Jamie Dimon - he said this in an interview, posting a link to his page on Twitter. Eric recalled that the well-known banker called operations with the cryptocurrency "fraud". Also, Finman recalled Dimon's statement about a complete boycott of the cryptocurrency topic, and that 48 hours later called bitcoin investors "fools." That's why Finman is ready to give Dimon a chance to improve and fight with him in the ring. For the fight, Erik Finman promised to give one hundred thousand dollars to charity in Puerto Rico.

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Blockchain startup Chain is launching a new cloud-based service called Sequence. The service is designed to manage balances in financial and commerce applications. Sequence can be used for digital wallets, credit platforms, markets and exchanges, eliminating the need to create an individual system in each case. "While registers are managed by the service, all transactions must be signed with the corresponding keys. These keys are stored in secure enclaves and are controlled by users, services or organizations that have authority for specific assets, accounts, and functions. Sequence can not access them." A single transaction can include a number of actions involving multiple assets and accounts," - noted the developers of Chain. Currently available for free as a public developer preview, the overall launch of the Sequence is expected in the first quarter of 2018.

The former Chairman of the Federal Reserve Ben Bernanke said, that blockchain holds considerable promise for global banking systems. This statement he made at a conference organized by Ripple in Toronto. "The Fed, the Bank of England, and Japan are very supportive of these technologies because they’ll improve payment systems," says Bernanke. He noted, that the blockchain system could prevent last year's fiasco when hackers used the money transfer system SWIFT to steal more than $ 80 million from the Central Bank of Bangladesh. Bernanke also believes that blockchain will be particularly effective for accelerating cross-border payments. The other day, World Bank President Jim Yong Kim also spoke positively about the blockchain.

Blockchain technology expands in financial field. BNP Paribas, a global banking firm, has set partnership with Tata Consultancy Service, Indian IT firm. The partnership will allow the banking firm to have a new asset servicing data platform through blockchain technology. Tata Consultancy will provide its Quartz blockchain solution along with Swift-certified BaNCS for Corporate Actions platform. PhIlippe Rault, head of digital transformation at BNP Paribas said, that blockchain is absolutely efficient technology for them and providing services through this technology is excited for them.

The Enforcement Authority of Sweden will sell bitcoins at an auction. In total, the management plans to sell about 0.6 BTC, an amount worth roughly $3,200 at press time. "Assets are not just the car on the driveway or the money [in a] bank account. We live in a digital world, and now we are looking for assets in computers and hard drives as well as in telephones and web services," said Johannes Paulson, the agency's operations developer. Despite the fact that the source of funds is not exactly known, local media report that this money was transferred to the account of payment of debts from one of the local companies.

State University of Melbourne (Australia) plans to introduce a blockchain into the system of attestation of the university. This is necessary in order to avoid falsification of documents on education and rewards. The blockchain technology will allow to get rid of fraud, as each record will be tied to a separate transaction and it will not be possible to change it, note representatives of the university. "While we are entirely committed to the existing degrees and awards that the University offers, we are also interested in exploring how we can build a more diverse credentialing ecosystem," said University Pro Vice-Chancellor Gregor Kennedy. "Issuing credentials on the blockchain is a key component of this investigation," said University Pro Vice-Chancellor Gregor Kennedy. The tools are based on the Blockcerts open standard developed last year by Learning Machine Technologies and the MIT Media Lab, that was founded of the Massachusetts Institute of Technology.

The Swiss Financial Market Supervisory Authority (FINMA) issued a license to the cryptus exchange. In an official press release, the exchange notes that licensing is the result of "over one year of substantial effort". Bernhard Kaufmann, Managing Director of the crypto exchange, said that "government licensing is crucial when establishing a payments business". "Although this is the first time for FINMA, however, the service has already committed other active actions in the crypto space," Kaufmann added. Note that, having received the license, Payment21 now processes the bitcoin of the transaction on behalf of the e-commerce providers, allowing them to accept cryptocurrency as payment for goods and services.

Digital currencies will become more affordable for Canadians. BitJob, a student employment focus startup, built on the blockchain technology, sets partnership with Canadian Bitcoin Brain, Alberta’s first bitcoin trade. Bitcoin Brain, which has 10 atm points over five Canadian cities, like Toronto, Montreal, Winnipeg, Edmonton and Calgary, will allow BitJob users to make transactions and moving their gainings. Dave Bradley, Bitcoin Brain’s founder says that they want to make as easy as possible for Canadians to reach digital currencies.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.