09:30 pm

Day: June 18, 2017

insurance sector

AIG Issues Its First Insurance Policy on Blockchain No Comments

AIG, the multinational insurance provider, has announced its first blockchain based insurance policy, that was issued to UK's Standard Chartered Bank. The blockchain policy termed the “master policy” governs multiple policies for the bank's operations in various countries. The insurance sector has found that blockchain technology can offer them loads of benefits at a fraction of the cost. T...

Indian Blockchain Startup Audience Farm Enters AdTech Space No Comments

In the recent days, India has emerged as one of the strong forces in the crypto-sector as it attempts to keep up with many developed countries when it comes to research, development, and deployment of blockchain solutions. The focus of Indian blockchain sector is gradually expanding beyond fintech, to other segments like shipping and logistics and AdTech. Recently one of the blockchain companies, ...

NewsBTC Banks Digital Currencies Warning

Yet Another Bank Warns About the Dangers Associated With Digital Currencies No Comments

One recurring trend we saw over the past few year sis how banks continue to warn about Bitcoin and cryptocurrency. For some reason, banks are legitimately afraid of digital currencies. That is not entirely surprising, as digital currencies bring competition to the traditional financial ecosystem. The Bank of Samoa feels now a good time to warn about Bitcoin and other currencies. Banks warning ...

NewsBTC ViaBTC Fire Core

According to the ViaBTC team, All Bitcoin Core Developers Should be Fired No Comments

There are quite a few different opinions on Bitcoin and the scaling debate. According to some, Bitcoin Core should remain in charge. Others, such as ViaBTC, feel Bitcoin Core developers should be fired. Not only is that an impossible statement, it only fuels the ongoing bickering even more.  Statements like these add nothing of value whatsoever. ViaBTC Makes A Ridiculous Statement ViaBTC has a...


Gene-Chain Strikes a Balance Between Privacy and Scientific Advancements No Comments

What the Human Genome Project took years to do can now be achieved within minutes, thanks to advancements in genetic sequencing techniques and state-of-the-art laboratory equipment that accelerates the gene mapping process. At the same time, scientists still don't have a clear understanding of the whole human genome, which has turned genetic research and studies into a central branch of biological...


Blockchain: A Threat, as Well as an Opportunity for Conventional Accountants No Comments

It is increasingly becoming important for people to have an idea of Bitcoin and blockchain technology. With Bitcoin gaining legal status in various countries and the ever-growing implementation of blockchain technology across different industries, it is now important for those working in finance and accounting line of work to be prepared for the upcoming shift in industry trends. A recent artic...

Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Poised For Gains No Comments

Key Points Bitcoin price after a strong correction found support at $2040 against the US Dollar, and started a recovery. There is a monster ascending channel forming with support at $2260 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price may soon gain momentum and break $2700 for a move towards the last swing high at $2970. Bitcoin price corrected lower from $2970 ...

Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Eyeing Break above $400 No Comments

Key Highlights ETH price corrected lower this past week towards $255 against the US Dollar, but later it recovered very well. There is a crucial bullish trend line with support at $310 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). It looks like the price is about to retest $390 and may even attempt a break above $400. Ethereum price correction was a good thing aga...