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Kenya’s President Uhuru Kenyatta has ordered the Ministry of Information and Communication Technology (ICT) to a create a task force that will focus on how the country can leverage blockchain technology and the Internet of Things (IoT). Kenya is the most recent African country to publicly support blockchain...
Ever the Bitcoin bull, Fundstrat’s Tommy Lee has today predicted a full recovery and then some in the cryptocurrency market within 2018. He cites crypto-related announcements from various international companies as contributing to the restoration of lost confidence. Rakuten, Starbucks, Facebook, and Amazon Thought to be Looking Towards...
This week, the Texas State Securities Board (TSSB) issued another cease-and-desist order: This time to a “company” called LeadInvest. The agency contends that LeadInvest fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program. On February 26th 2018, the Securities Commissioner of...
The next era of blockchain development is rolling out, with features like smart contracts and faster transactions making crypto much more than just a means of exchange. These simple features are making a lot of new business models possible. Smart contracts make many classes of transactions almost completely...
Artificial intelligence (AI) could become a driving factor in what the future holds for global economic growth. As a new production factor, AI can change how work is performed and reinforced, introducing new sources and changing the way humans are perceived in driving business growth. Accenture reported that...
Mohammed and Fred, two residents in the United Arab Emirates (UAE), are two cryptocurrency ‘noobs’ that invested in late 2017, unaware the rally would fade all too quickly. The Tale of Two UAE Bitcoin Investors Cryptocurrencies aren’t new. Wikileaks accepts bitcoin donations since 2011, but it only took...
Blockchain has transformed a number of industries, one, in particular, is the fintech arena. However, one area that remains largely unexplored is the world of humanitarian aid. In reality, blockchain is perfectly suited for this, as it allows users to create and spread information across a large network...
Europol and London’s Met Police are on to Monero, Zcash, and Dash, as the top cryptocurrencies for cybercrime, but there is not much they can do. Anonymous Cryptocurrencies Problematic for Europol As crime linked to cryptocurrency takes an increasingly high profile, police cryptocurrency experts are struggling with the...
“The manufacturing industry is focused on big players… this prevents independent buyers, startups and small to medium-sized businesses from participating. We are solving this problem.” — SyncFab’s CEO Jeremy Goodwin. SyncFab has been in business since 2013 and since then partnered with the cities of San Francisco, San...
Cryptocurrency mining is a very difficult yet potentially profitable business model. Without meeting certain conditions, it is almost possible to break even, let alone make a profit. It seems Canada is slowly becoming a major hub for cryptocurrency mining operations as of right now. The cold climate and...
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