Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14. Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to its 2.4 billion users. Bowles will join the…

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Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks

Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12. As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania’s finance ministry will seek to completely formalize crypto-based exchange operations. Parliament approved the move during a sitting on Wednesday, Delfi says, while…

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Number of Smart Contracts on TRON DApp Shoots up by 1098%

In a recent Medium report, the team at TRON shared their weekly report regarding the TRON DApp (decentralized app) performance. Some of the numbers that have been elaborated upon include the number of DApps, smart contracts, DApp DAUs, the 24-hour trading volume and number of transactions. As per the claims made, the highlight of progress is the…

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Australian Securities Exchange Debuts Infrastructure Replacement

The Australian Securities Exchange (ASX) has released the first code for its replacement app development tool based on blockchain, the company confirmed in a press release on May 7. The new platform, dubbed the Customer Development Environment (CDE), builds on the exchange’s previous offering, Chess, which will now be retired. The initial features, which hinge on distributed-ledger technology (DLT), began…

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Why Blockchain Domains Will Be a Huge Asset Class

Why Blockchain Domains Will Be a Huge Asset Class

Who remembers what domain investing was like in the 1990s or early 2000s? New digital real estate was being created from scratch and sold, launching an entirely new, purely digital, asset class. And as the internet filled up with new websites, premier domains began to shoot up in value. Some companies in the .com era…

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How to integrate blockchain into your project

How to integrate blockchain into your project

Blockchain has gained attention over the recent years. Find out whether your business needs a blockchain solution. Originally an innovative technology behind Bitcoin, blockchain, by now, seems to have become one of the brightest phenomena of the last decade. Along with industry leaders such as Microsoft and IBM, the new-generation business owners and entrepreneurs are…

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Smart Contracts of Blockchain Technology

Smart Contracts of Blockchain Technology

Smart contracts were first introduced in the Ethereum project in 2013. The contracts which can be done and maintained over blockchain which impose the same limitations and obligations on agreeing with parties as it is done traditionally are called smart contracts. Let’s take an example, assume you want to apply for driving licence in a…

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Navigating the Risks of Blockchain Technology in Commercial Real Estate

Navigating the Risks of Blockchain Technology in Commercial Real Estate

Cryptocurrencies like Bitcoin and Ether continue to dominate the headlines. But these tokens could not exist without blockchain.  Investors in real estate, that most quintessential of physical assets, historically have not taken advantage of blockchain. However, recent signs have pointed to a coming blockchain revolution in the world of commercial real estate.  For example, in…

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