Materials by tag Bank

Jun 12, 2019 at 13:15
The World’s First Blockchain & Crypto Stamp Presented in Austria
The Austrian Post has presented the world's first special cryptocurrency and blockchain stamp. The groundbreaking special block links the analog and the digital era. From the dirndl embroidery and lederhosen stamp to exceptional items made of porcelain, glass, meteorite dust or sparkling Swarovski crystals in the past few years.
Jun 11, 2019 at 13:07
Blockchain Could Prevent Customer Data Leakage in Russia
Blockchain regulation in Russia is still in turmoil, as the technology was proposed to be banned by politicians. However, if implemented properly, it could have prevented a massive leak of personal data from 900K clients of three major Russian banks that happened recently.
Jun 07, 2019 at 10:20
Bitcoin Traders in India are no Longer at Ease
Bitcoin and cryptocurrency traders in India are not benefiting from the industry following the ban of cryptocurrency activities by the Reserve Bank of India (RBI) in April last year, and this is making their social life hard. The peer-to-peer (P2P) system that was developed by cryptoasset exchanges has some voids in it and hackers have taken advantage of this to fraud people and most of them have become or are yet to be victims.
May 29, 2019 at 13:43
Shinhan Bank Unveils a Blockchain System for Loan Approval
The oldest and second biggest banking institution, Shinhan Bank, headquartered in Seoul, South Korea, has adopted blockchain authentication technology for non-face-to-face loans in order to accelerate the loan approval process. The institution, owned by Shinhan Financial Group, announced that it has launched an effective system which validates the documents needed for non-facing loan business in the country by applying blockchain and distributed ledger technology.
May 25, 2019 at 10:12
Facebook's Cryptocurrency to be Presented in 2020
The leading social media network, Facebook, the company that owns Instagram and WhatsApp, apps which allow users to make and share content or take part in social networking, plans to put its own cryptocurrency on the market by 2020, the coin will be used to make payments beginning with over 12 different nations globally by April next year (Q1 of 2020).
May 23, 2019 at 13:37
San Marino to Regulate Blockchain to Promote its High-Tech Profile
The council works on amendments and approvals of decrees related to innovative technologies in the Republic of San Marino. This small enclave nation enclosed by Italy wants to be among the first states to regulate and approve blockchain and its far-flung applications. The decree also aims to revive the country's economy and promote its high-tech profile.
Apr 29, 2019 at 12:23
Italy: Weak Blockchain Regulations Expose Users to Risks
Several academic papers in Italy discuss the risks associated with cryptocurrencies including Bitcoin, Ethereum, Ripple and others, and warn that there are a number of vulnerabilities created by dependence on blockchain and distributed ledger technology, including cybercrime.
Apr 03, 2019 at 13:12
Crypto Exchange Halts Services due to Indian Regulations
Over the weekend, an India-based crypto exchange shut down its services, suspended trades and cancelled all open orders on March 30. Coindelta alludes to its financial issues and the Reserve Bank of India’s (RBI) stringent cryptocurrency regulations as one of the main reasons forcing the exchange to lay down tools.
Mar 16, 2019 at 16:46
Central Bank of Russia Plans on Limiting Cryptocurrency Trading
Russia’s Central Bank plans to put a yearly limit on so-called “unqualified investors” who are willing and able to buy cryptocurrency, as reported by RBC – a local business news outlet. The bank wants to impose new regulations on digital currency.
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