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Know-hows on Different Legislations and Blockchain Implementation Profitability in Your Business

...r countries are planning to implement regulations on Blockchain. For example, Russian government promises new legislation to enter in force by 2019 but there is still no information on its contents. In the UAE, there is already a stable approach to blockchain technology. Dubai already initiated a program to implement new technology countrywide and by 2020 this Emirate promises to be fully Blockch...

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Is Accepting Bitcoin a Reasonable Choice for Banks?

...are ready to create their own currencies to meet the demands of evolving innovations. Not only the Citigroup speaks positively about the Bitcoin, but also other major banks in countries like China, Russia, Japan and others. They already suppose that blockchain technology and cryptocurrencies can solve many problems with trans-border transactions, fund operations and even client services. Most W...

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Virtual currency draft bill in Gibraltar

...legislation. It is expected to be considered by the Parliament and to come into force in the second half of 2018. How will Gibraltar treat **virtual currencies**? First, sale, distribution and promotion of any kinds of tokens and coins which use blockchain technology will be subjected to the regulation. Consequently, new acts will contain rules about investments, secondary market activities an...

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Governmental digitalization in Malta

Recently the **Parliament of Malta considered three bills on distributed ledger technology**. Simply put, distributed ledger technology (DLT) is widely known as **blockchain technology**. Analyzing the provisions of the aforementioned documents, we can certainly say that the public authorities of Malta have a positive attitude towards the blockchain technology. **Malta government authoritie...

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List of ICOs to watch in June

At present, the main concern among cryptocurrency enthusiasts is a sharp drop in the exchange rate. But this does not affect **the popularity of the blockchain technology**. Recently, the **number of new blockchain projects, varying from gaming to artificial intelligence, rapidly increased**. Here are some projects that successfully launched during the previous month and are worth to be revie...

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Why cryptocurrency is the future of electronic cash systems

...l. This has given new opportunities for consumers and businesses around the world to become more connected. A lot has changed since Satoshi Nakamoto’s original white paper in November 2008. We’ve seen major advancements in the capabilities of blockchain technology to empower a better future of P2P payments via cryptocurrencies (despite the Bitcoin dip). When considering the current lands...

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Decentralized Internet – affordable resources and privacy on the web

...ople speak of a decentralized internet, the gist of the matter seems to be the lack of privacy on the web, the lack of control over our personal data, and the desire for affordable resources. No one product defines the decentralized internet, but blockchain technology provides at least some capabilities to achieve these goals in a variety of functional areas. Time will tell if the products on o...

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5 signs of booming blockchain innovation in Australia

...and blockchain companies since 2014, but they’re actually migrating their entire infrastructure to blockchain by 2020. We’re not just talking about listing Bitcoin or other digital assets here. The country’s main stock exchange will embrace blockchain technology entirely. The plan is to implement a post-trade system that is blockchain-based. This will replace their existing Clearing House...

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World Bank launches first global blockchain bond-i and raises AU$110 million

...ough its life cycle using distributed ledger technology (blockchain). The bond raised AU$110 million, marking the first time that investors have supported the World Bank’s development activities in a transaction that is fully managed using the blockchain technology, as was stated in press release of the World Bank. **The World Bank authorized Commonwealth Bank of Australia (CBA) as arrang...

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Dubai International Financial Center is planning to launch the world's first blockchain court

**The Dubai International Financial Centre (DIFC) has partnered with Smart Dubai to establish the world’s first “Court of the Blockchain”.** The abovementioned organizations recently announced that they are conducting researches regarding the blockchain technology and how it can be implemented, and used to enforce court rulings and separately on the resolution and mitigation of disputes rel...

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A Blockchain Education Network: the new era of scholastics

**blockchain technology continues to see expansion into every business sector, including the education system.** The added efficiency and security of implementing of a blockchain protocol is undeniable. The paper-based system that dominates most of the educational networks of the world is grossly outdated, and there is no real global consensus on the overall status of education. These systems...

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Blockchain: how it affects legal liability

...nsactions might eventually make it to these digital ledgers due to possible loopholes in the network approval process such as the 51% attack, raising questions on information security as well. Other legal issues worth considering before dealing with blockchain technology include data privacy, intellectual property issues, and smart contracts. Blockchain can potentially be an integral part of a ...

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Wirex receives E-Money License

...ising over $200,000 on the BnkToTheFuture platform. In 2017, Wirex achieved another fundraising victory after securing $3 million in Series A funding from one of Japan’s largest financial institutions, SBI Group. The SBI group is no stranger to blockchain technology, and the firm already has partnerships with Ripple, BitPesa, and PrimeChain technologies. Wirex has offices in London, Tokyo,...

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New bills to stop crypto price manipulation

... of 2018**”: This act obliges the Commodity Futures Trading Commission to perform a similar review of digital currency regulations in other countries. In the joint declaration, Soto and Budd mentioned that "Virtual currencies and the underlying blockchain technology has a profound potential to be a driver of economic growth." They also added: *"That’s why we must ensure that the Unite...

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Cryptocurrency in 2019: things to expect

...lockchain industry has always been associated with cryptocurrency, and in 2019, it is expected to work on its image as an industry that has a lot more to offer. If the industry wants to operate on a larger scale, it needs to be communicated that the blockchain technology has a lot of uses that are unrelated to cryptocurrency. **Taxation and Regulation** 2019 is set to be the year of more wid...

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Best cryptocurrency to mine in 2019

...es. The software needed for its mining process is also just as easy to use and set up on a mobile device or PC. V) **FEATHERCOIN** Feathercoin was created as an optimized version of Bitcoin, with the aim of expanding and building upon existing blockchain technology. With a transaction time of 60 seconds, it is ten times faster than Bitcoin and runs on the Neo scrypt hashing algorithm. Fea...

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