2016 September

Coin Center Tells European Regulators: Be Open To Open Blockchains

Blockchain technology has expanded rapidly in financial markets in the last year, drawing concern among financial regulators. The European Securities and Markets Authority (ESMA), an independent European Union authority, has released a paper on distributed ledger technology (DLT) as it applies to securities markets, including the possible benefits and challenges. ESMA believes DLT is expanding in […]

Butter and Cheese Make the World’s First Blockchain Trade Finance Transaction

Barclays and Israel-based startup Wave, which has benefitted from the former’s accelerator program, have revealed what they claim as the first global trade transaction using blockchain technology. In an announcement today, Barclays has revealed a successful letter of credit transaction between Ornua, an Irish agriculture co-operative and Seychelles Trading Company a distributor of food products […]

Bitcoin Price Watch; Upside Scalps On Tonight

So the session is about to draw to a close out of Europe, and it’s time to take the second of our twice daily looks at the bitcoin price in an attempt to see if we can draw a profit from the markets at some point during this evening’s session. Things have been pretty dull […]

Barclays Executes Letter of Credit Transaction on Private Blockchain

These are exciting times for blockchain technology. Barclays, a world-renowned bank, and Wave, one of their accelerator graduates, conducted a live test of distributed ledger technology. A Live Letter of Credit transaction was performed and completed.This is a significant validation of blockchain technology. Wave is a company dedicated to bringing distributed ledgers to the financial […]

“Blockchain Technology” – I Don’t Think it Means What You Think it Means

The post “Blockchain Technology” – I Don’t Think it Means What You Think it Means appeared first on 99 Bitcoins. During World War II numerous indigenous people of the islands of the Pacific Ocean, who previously had no contact with other civilizations, suddenly witnessed history’s most devastating and hitherto technologically advanced war being fought right […]

India’s Zebpay Adds 20,000 New Users Monthly, Looks to "Expand More Aggressively"

Zebpay, an app-based bitcoin exchange, has just crossed the 100,000 downloads milestone for Android and iOS devices, highlighting “India’s growing interest in bitcoin as an investment, commodity and technology.” Eyeing a user-base of more than 450,000 by the end of 2016, Zebpay is now in the process of raising additional funding to “expand more aggressively in India,” Sandeep […]

Hyperledger’s Executive Director Brian Behlendorf on Strategy, Goals and Growth

The Hyperledger Project, a collaborative cross-industry effort to advance blockchain technology led by The Linux Foundation, announced that 17 new organizations have joined to help create an open standard for distributed ledgers for a new generation of transactional applications. The project now has more than 80 members, which represents a growth of 170 percent in the last six months. […]