American multinational technology company IBM is forging ahead with a piloted blockchain-based finance solution to help small businesses throughout Africa. IBM’s research wing successfully accomplished a blockchain-based micro-lending pilot project with Twiga Foods, a Kenyan logistics company. The project uses Hyperledger Fabric, a blockchain framework implementation that acts … [Read more...] about IBM’s Blockchain Venture to Offer Microloans to Small Businesses in Africa
Fintech
Fintech
Pigzbe Is a Crypto Pocket Money Wallet for Teaching Kids About Finance
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A new cryptocurrency hardware wallet aimed specifically at kids aged six and above is coming soon. Despite the name, though, Pigzbe isn't a simple crypto-piggybank -- it doubles as an educational tool that teaches kids about money, helps them manage their finances, and even attempts to create an inter-family token economy. Also see: Automata Podcast: Making Social Networks … [Read more...] about Pigzbe Is a Crypto Pocket Money Wallet for Teaching Kids About Finance
Massive Bitcoin Hardware Heist Occurs in Iceland
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One of the world’s largest bitcoin hardware heists has occurred in Iceland. According to Reykjavik police, over 600 computers used to mine bitcoin and other cryptocurrencies have disappeared from their data centers, and over 11 arrests have already been made. Also see: To the Bottom: Cryptocurrency Exchanges Seem Locked in Fee Rat Race Subscribe to the Bitsonline YouTube … [Read more...] about Massive Bitcoin Hardware Heist Occurs in Iceland
Bank of England’s Mark Carney Is Just the Latest Establishment Figure to Trash Bitcoin
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Mark Carney, the governor of the Bank of England, today became the latest elitist to trash Bitcoin, commenting that it attracts "fools" and demanding that it must held to the “same standard” as other financial instruments. His comments follow on from wealthy investors like Paul Singer, who labeled Bitcoin as "utterly worthless", and Charlie Munger, who commented that people … [Read more...] about Bank of England’s Mark Carney Is Just the Latest Establishment Figure to Trash Bitcoin
What’s the Russian Government Doing With Blockchain?
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Over the last six months or so, Russian state corporations, such as lenders VEB and Sberbank, encouraged by the government, have been investing in blockchain technology. However, the investment is yet to bear fruit, while the country's authorities are still ambivalent about the crypto space. Also see: Waltonchain (WTC) in Hot Water After Employee Wins Official … [Read more...] about What’s the Russian Government Doing With Blockchain?
