Inshorts

Why Are Banks So Eager To Shift To A Cashless Society?
December 15,
2016
What Happens When Bitcoin Mining Rewards Diminish To Zero?

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.\

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Why Are Banks So Eager To Shift To A Cashless Society?

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?

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MasterCard Released Three Blockchain APIs
November 1,
2016
New Web App That Allows Voters To Report Incidents At The Polls

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.

MasterCard Released Three Blockchain APIs

MasterCard’s development site now features three APIs connected to its internal blockchain work, including offerings focused on smart contracts and payment settlement. The APIs were released by MasterCard Labs, its innovation outfit, reported CoinDesk.

Bitfinex Announces Sizable Token-For Equity-Swap
October 29,
2016
Upcoming Supply Chain Innovation Summit

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 Announces Sizable Token-For Equity-Swap

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.

Chain Joins The Microsoft Azure Ecosystem
October 27,
2016
UFOMiners Launch Four Powerful Cryptocurrency Miners

One of the leading cryptocurrency mining hardware manufacturers, UFOMiners has introduced four powerful miners for Bitcoin and Litecoin Mining. The hardware - MesaMiner, NekrosMiner, OberonMiner and OberonMiner Prime - are now available for ordering at a price range of $3200 and $4900.

Chain Joins The Microsoft Azure Ecosystem

Microsoft Azure announced that Chain joined Azure. Now developers can install Chain Core (Chain’s distributed ledger) in Azure or locally to start or join a blockchain network, build financial applications, and access in-depth technical documentation and tutorials. Through this partnership you have the option to run your own prototypes on the testnet or create your own private network on Azure, all with a single click.

October 24,
2016
Coins.ph Raises US$5M To Deliver Blockchain For The unbanked

Coins.ph, a Philippines-based startup that provides financial services through the blockchain, announced on Friday it has raised a US$5 million Series A led by Quona Capital’s Accion Frontier Inclusion Fund, reported e27.co

Other participating investors were Innovation Endeavors, Pantera Capital, Digital Currency Group, Wavemaker Labs, Global Brain, BeeNext, and Rebright Partners. Additionally, Kickstart Ventures invested in the round.

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