Don’t ‘Disadvantage’ Emerging Tech Like Blockchain, Says U.S. Telecoms Authority Chairman

The U.S. should not “disadvantage” emerging technologies such as blockchain due to “antiquated” regulations, the head of the country’s telecoms regulator told Indian daily news outlet Indian Express Friday, Oct. 26. Speaking while attending the India Mobile Congress 2018, Ajit Pai, chairman of the U.S. Federal Communications Commission (FCC), also called for a “conversation” with…

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Crypto Exchanges And ICOs Are Evolving Into New Entities

Ivan Bogatyy (MetaStable Capital) and Makoto Sakaguchi (Cumberland)(Image courtesy, Ivan Bogatyy) Today, the initial coin offering market is in turmoil with some ICOs closing down. Others are prolonging their capital raising with the hope that the market will pick up. However, this is unlikely to happen soon as new patterns are beginning to emerge from the…

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Vietnam’s Largest Telecoms Company Enters Blockchain Sphere, Aims to Be Industry Leader

The Viettel Enterprise Solutions Corporation has set a goal to become Vietnam’s leading blockchain technology provider in five years, local news outlet Viet Nam News reported Oct. 25. The Viettel Enterprise Solutions Corporation is a development and innovation wing of Vietnam’s largest telecommunications operator Viettel Group. The Viettel Enterprise Solutions Corporation was established earlier in…

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American Express and Rambus Join Forces on Secure Global E-commerce Tokenization

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October 25, 2018         By: Payment Week Share on Facebook Share Share on TwitterTweet Share on Google Plus Share Share on LinkedIn Share Send email Mail October 25, 2018 – Rambus Inc. (NASDAQ: RMBS) and American Express Australia today announced a new collaboration to help merchants enrich and secure e-commerce and m-commerce transactions with tokenization. Rambus Token…

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Security Token Platform OpenFinance Network Secures Investment from Sharpe

Security token trading platform operator OpenFinance Network secured an investment from Sharpe, a company that aims to transform traditional market intelligence. Sharpe, a company that operates several businesses through its multiple units, including Sharpe Capital, Sharpe Ventures, and Sharpe Analytics, announced that it had invested in US-based security token trading platform OpenFinance Network (OFN). The…

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Major Agriculture Companies Partner to Use Blockchain in Grain Trading

The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25. ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make trading more efficient and…

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Malta’s Financial Watchdog Warns Against ‘Dubious’ Crypto Trading Platform

Malta’s Financial Services Authority (MFSA) has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country, English-language newspaper Malta Today reports Oct. 25. The platform in question, “Primetradingbot,” reportedly appears to be running a “high yield” Bitcoin (BTC)-related investment scheme, which the MSFA cautions has “a…

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China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets

Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China, the company announced in a press release on Oct. 24. Following the roll out of its BaaS platform in China, Alibaba Cloud will expand its enterprise-level blockchain service to major international markets including Europe, the…

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German Central Bank and Deutsche Boerse Successfully Complete Blockchain Settlement Trial

The central bank of Germany, Deutsche Bundesbank, and securities marketplace organizer Deutsche Boerse (DB) have successfully completed the trial of a blockchain solution in the settlements area, DB’s report reveals Thursday, Oct. 25. According to the report, the trial of blockchain based settlement technology research, or Blockbaster, started in 2016. The main point of the…

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AMD: ‘Blockchain-Related GPU Sales in Third Quarter Were Negligible’

In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.” American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7…

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Oracle Releases Suite of Blockchain-Based Software for Supply Chain Managemen

Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains. Oracle is an American corporation founded in 1977, and currently is one of…

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Air Canada to Integrate Blockchain-Based Travel Distribution Platform

Canada’s largest airline Air Canada has announced its participation on a blockchain-based travel distribution platform developed by Swiss blockchain startup Winding Tree, according to a press release published Oct. 24. Air Canada was established in 1937 and provides scheduled and charter passengers and cargo air transportation. In 2017, Air Canada carried 48.1 million passengers, with…

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 24

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The crypto markets have been consolidating in a small…

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HSBC Exec at Money20/20: Blockchain, CBDCs Pose ‘Great Challenge’ to Interbank Settlement

A senior executive from U.K.-based bank HSBC has said that time-efficient distributed ledger technologies (DLT) and central bank digital currencies (CBDCs) represent a “great challenge” to existing real-time gross settlement (RTGS) systems, Cointelegraph learned at the Money20/20 conference Oct. 23. HSBC’s Global Innovation Lead for Global Liquidity & Cash Management, Craig Ramsey, made his remarks…

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Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars

Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, Cointelegraph learned at the Money 20/20 conference Oct. 23. The underlying technology behind USDC was developed collaboratively between Coinbase and blockchain-powered payments technology company Circle. Coinbase customers in supported jurisdictions can now purchase,…

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Ethereum, Parity Co-Founder Announces Blockchain Framework for a ‘Multi-Chain World’

Blockchain infrastructure firm Parity Technologies’ founder Gavin Wood demoed a live blockchain launch in just fifteen minutes at the Web3 Summit in Berlin Oct. 23, TechCrunch reports. Parity is a U.K.-based blockchain infrastructure provider, known primarily for developing one of the most well-known clients for Ethereum (ETH), which Wood also co-founded. In what TechCrunch describes…

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Electronics Giant HTC Announces Presale of Its Blockchain Smartphone Exodus in BTC, ETH

Taiwanese electronics company HTC has announced the presale of its widely-discussed blockchain smartphone, Exodus 1, the product’s official Twitter account reveals Oct. 23. The Exodus 1 presale was officially announced today during the Web3 summit, taking place Oct. 22-24 in Berlin. According to the HTC Exodus website, “early access” to the phone can currently only…

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