South Korean Fintech Firms Petition Against Apple’s NFC Barricade
Several South Korean fintech companies plan to petition the Korean Fair Trade Commission (KFTC) to object to Apple’s policy of not opening its near field communication (NFC) to outside app developers, according to Pulse, an English-language news site of Maeil Business Newspaper in South Korea. The Korean firms claim Apple’s policy prevents them from offering […] The post South Korean Fintech Firms Petition Against Apple’s NFC Barricade appeared first on CCN: Financial Bitcoin & Cryptocurrenc [READ MORE]
Stumbled upon an ingenious new cryptocurrency? Perhaps you’re the developer of your own altcoin, looking for others to take notice? Or you’re simply looking to share an interesting and undiscovered article with the cryptocurrency crowd. CoinUpVote is the community for you! With its launch today, CoinUpVote is looking to fill the void in the cryptocurrency […] The post CoinUpVote, an Aggregator and Discussion Website for the Cryptocurrency Enthusiast appeared first on CCN: Financial Bitcoin & [READ MORE]
R3, Banks, Fintech Startups Test Blockchain Platform for Syndicated Loans
A group of banks, the R3 blockchain consortium and Fintech startup Symbiont have created completed the trail of a proof of concept blockchain simulating an exchange of syndicated loans. An increasing number of financial instruments are being tested, successfully, for transfers and exchange on a blockchain platform and the latest industry endeavor puts the scanner […] The post R3, Banks, Fintech Startups Test Blockchain Platform for Syndicated Loans appeared first on CCN: Financial Bitcoin & [READ MORE]
Swedish Investment Portal Sees Bitcoin as a Currency for the Future
Aktiespararna, a news site of the Swedish Shareholders’ Association that offers investment advice, has posted an article presenting bitcoin as a future currency that can address the problems of security. The article focuses on the importance of security on account of crises afflicting traditional currencies. The example offered is the 2013 financial collapse in Cyprus […] The post Swedish Investment Portal Sees Bitcoin as a Currency for the Future appeared first on CCN: Financial Bitcoin & C [READ MORE]
UK Authority Warns Against Using OneCoin
The Financial Conduct Authority, citing an investigation by the City of London Police, has issued an official warning, urging users to be wary of trading with the altcoin, OneCoin. In an official warning published yesterday, the Financial Conduct Authority in London has sought to inform users against the trading of OneCoin. The altcoin, which is […] The post UK Authority Warns Against Using OneCoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News. [READ MORE]
Bitwage, a payment solution that allows employees, freelancers and contractors to be paid in a variety of payment methods, has developed a solution to enable people seeking work to provide verified references, according to a blog by Jonathan Chester, Bitwage founder and president. The Bitwage payment verification solution, “My Employment” (M.E.) generates data about its […] The post Bitwage Offers Employment Verification Platform, Adds Five More Payout Currencies appeared first on CCN: Financial [READ MORE]
The National Australia Bank, one of Australia’s big four banks, successfully completed its first proof-of-concept (PoC) money transfer over a blockchain. The banking brigade buoying blockchain keeps on rolling. Using Ripple’s ledger technology, the National Australia Bank (NAB), successfully transferred an AUD$10 payment from an employee’s account to another banking employee account at the Canadian […] The post Australian ‘Big 4’ Bank Taps Blockchain to Transfer $10 to Canada, in 10 Seconds appe [READ MORE]
U.S. Congress Sees a Bipartisan Caucus for Bitcoin and Blockchain
Coin Center, a Washington D.C.-based non-profit and advocacy center focusing on public policy issues facing bitcoin and blockchain technology has led an effort that now sees the formation of a Congressional caucus focused on studying the innovation. Washington is buying in to Coin Center’s efforts to help policy-makers understand decentralized, open technologies such as the […] The post U.S. Congress Sees a Bipartisan Caucus for Bitcoin and Blockchain appeared first on CCN: Financial Bitcoin [READ MORE]
R3, 8 Member Banks Test Intel Blockchain Prototype
A group of 8 banks from the R3 blockchain consortium have successfully tested a blockchain prototype developed by Intel by simulating bond transactions. Picking US treasury bonds as the instrument, New York-based private blockchain startup R3 and eight of its member banks from its larger consortium put to test a technology developed by Intel, […] The post R3, 8 Member Banks Test Intel Blockchain Prototype appeared first on CCN: Financial Bitcoin & Cryptocurrency News. [READ MORE]