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As the frenzy to incorporate blockchain technology into companies’ existing infrastructure picks up steam, many executives claim that the incorporation of Digital Ledger Technology (DLT) has been harder than they had anticipated. The report, which was conducted by Greenwich Associates, collected data and responses from more than 200...
Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals. This sentiment is shared by Joe Duran, the founder and CEO of United Capital, who expressed...
Recent reports claim that US tech giant, IBM, is helping The Central Bank of Azerbaijan (CBA) to implement blockchain technology into the country’s existing infrastructure, signaling that the country is undergoing a modernization revolving around the nascent technology. IBM Azerbaijan Partnership in Motion The reports regarding the IBM-Azerbaijan...
Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in...
There has been a long held and persisting debate in the cryptocurrency community as to whether or not XRP, the cryptocurrency commonly associated with Ripple, is truly useful, or if it simply a cash grab by Ripple. Despite this, detractors are beginning to take note of the widespread...
Despite the Chinese government’s frequent warnings and unprecedented actions to block their citizen’s access to cryptocurrency, the country’s middle class is becoming increasingly interested in cryptocurrencies as an investment vehicle. Although the middle class is expressing more interest in digital currency investments, the government’s anti-crypto actions have been...
The first ever Bitcoin ATM has arrived in Shropshire, U.K. The machine has been installed in the Red Lion Service Station by Church Stretton-based Bitchains. Bitchains Plans Rural Expansion Before Heading to Major Cities In what is a first for the county of Shropshire, a Bitcoin ATM has...
XRP, the cryptocurrency associated with Ripple and their xRapid settlement system, jumped nearly 14% overnight following a recent 20% jump that can be attributed to a variety of factors. The cryptocurrency is currently sitting at $0.369, up from its 24-hour price of just over $0.32. The continued rise...
Blockchain settlement startup, Ripple, has added PNC Financial Services Group to their list of clients utilizing their real-time cross border settlement systems in order to more efficiently process international payments. PNC will be using Ripple’s xCurrent system, which utilizes blockchain technology in order to quickly and cheaply process...
Ripple’s settlement system that uses a combination of blockchain and cryptocurrency technologies may be going live within the next month or so, according to a statement from a company executive. The product, which utilizes XRP to complete real-time cross border settlements, has already struck some high-profile partnerships, and...
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