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Samsung SDS, Mahindra join forces for blockchain technology

Samsung SDS, Mahindra join forces for blockchain technology

News
Samsung SDS has agreed to form business ties with Indian IT giant Tech Mahindra in a bid to enter the overseas blockchain market with its Nexledger blockchain platform, the company said Sunday. "Samsung SDS agreed to cooperate with Tech Mahindra to expand the usage of the Nexledger platform overseas," the system integration arm of Samsung Group said. Under the agreement, the two will seek more business opportunities in the blockchain markets in India, the United States and Europe and cooperate to upgrade the Nexledger platform. Tech Mahindra, an IT affiliate of India's Mahindra Group, has been providing IT services to about 900 companies from across the world and has secured more than 120,000 IT engineers. Samsung SDS launched its enterprise blockchain security platform Nexledg...
Bittreo Launches Cryptocurrency Brokerage Software to Make Life Easier for Newbies and Experts

Bittreo Launches Cryptocurrency Brokerage Software to Make Life Easier for Newbies and Experts

News
Bittreo, a Vancouver-based cryptocurrency retailer has unveiled its Brokerage  SaaS product as part of its broader expansion plans. Bittreo is now the first brokerage to develop own SaaS for retail crypto locations. Going Live in June According to a press release, the Bittreo SaaS product will go live later in June 2019 and it’s aimed at making it easier for people to start a retail crypto brokerage firm from across the globe. Commenting on the development, Yum Kasukawa, Co-founder of Bittreo noted that: “This is a game changer for global crypto adoption. The main obstacles facing the mainstream adoption of cryptos are lack of trust and difficult access. Our physical location where investors can transact face to face with trusted professionals solves both of those problems.”
IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

News
The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12. According to the newspaper, the asset called “Learning Coin” will be accessible only within the IMF and World Bank. The coin has no money value and thus is not a real cryptocurrency, the FT underlines. As the FT has learned, “Learning Coin” was launched in order to better understand the technologies that underlie crypto assets. Its app will serve as a hub where blogs, research, videos and presentations are stored. During the test, the World Bank and IMF staff will earn coins for achieving certain educational milestones. The institutions will allow them to redeem the assets gained for some rew
Bank Of America Anticipated To Join The Crypto Scene

Bank Of America Anticipated To Join The Crypto Scene

News
Banks are working their way into the cryptocurrency world, with the most recent move being made by Bank of America. Though during Bitcoin’s inception, its creation was cited as a way to move away from a centralized currency, an increasing amount of banks are wanting in on the crypto action. In 2014, according to CNN, Bank of America filed for a patent that would allow them to store cryptocurrency for big companies. This move received the ‘go ahead’ on Nov. 13 of 2018. Recently, we’ve seen widespread adoption of blockchain technologies in the mainstream market. Just this recent midterm election, Voatz, a mobile voting platform utilizing blockchain technology, was tested to prevent voter fraud and give overseas military personnel an easy, accessible way to vote. Outside voting, we see
#Bitcoin and Brew Apology; November Article Not Published. #Cryptopia’s Behavior Increasingly Suspicious

#Bitcoin and Brew Apology; November Article Not Published. #Cryptopia’s Behavior Increasingly Suspicious

Crypto Fact, Market Watch, News
Bitcoin and Brew would like to apologize to our readers.  The following story was written on 11/25, and was never published due to fear of unwanted social criticism.  We are monitoring the situation and are actively working to inform communities affected.     Cryptopia Exchange ( https://www.cryptopia.co.nz/) has grown increasingly suspicious in their behavior.  At the time of this article, there are approximately 100 coin wallets in maintenance mode.  This represents about 20% of all the wallets on Cryptopia.  Users are unable to withdraw, unable to create deposit address, and if coins are sent to prior used deposit address, they are not credited to the account. The markets for coins in maintenance remain mixed; some markets are still open for trading, while othe
New blockchain center opens in New York amid cryptocurrency market woes

New blockchain center opens in New York amid cryptocurrency market woes

News
The city of New York has a new blockchain center. Opened by the New York City Economic Development Corporation (NYCEDC) as part of a partnership with FuturePerfect Labs (an affiliate of FuturePerfect Ventures) and GBBC Labs (a subsidiary of the Global Blockchain Business Council), the new facility is expected to play a significant role in developing the city’s blockchain ecosystem. The center, located in the city’s Chelsea district, will seek to provide entrepreneurs and innovators with business support, space, and mentorship. It will also bring together industry, government, investors, innovators, and academia in a bid to advance the dialogue about how New York can establish a suitable regulatory environment which protects consumers without stifling innovation. James Patch
NASA Publishes Proposal for Air Traffic Management Blockchain Based on HyperLedger

NASA Publishes Proposal for Air Traffic Management Blockchain Based on HyperLedger

News
The United States National Aeronautics and Space Administration (NASA) has proposed an air traffic management blockchain, according to a paper published on the agency’s official website on Jan. 10. The proposed system would employ an open-source permissioned blockchain to enable secure, private and anonymous communication with air traffic services. The document notes: “This framework features certificate authority, smart contract support, and higher-bandwidth communication channels for private information that may be used for secure communication between any specific aircraft and any particular authorized member.” The engineering prototype of the system reportedly employed the Hyperledger Fabric and demonstrated that such infrastructure could be rapidly deployed and economically m
Pakistan Embraces Blockchain Technology; International Remittance Service Launched

Pakistan Embraces Blockchain Technology; International Remittance Service Launched

News
According to a press release published on January 8, 2019, Pakistan’s telecommunications companyTelenor, in association withValyou, has successfully launched a blockchain-enabled cross-border remittance service. Notably, the service is powered by distributed ledger technology (DLT) developed byAlipay. Rapid and Secure International Remittance Service for Pakistanis in Malaysia On Tuesday, January 8, 2019, Pakistan joined the ranks of select few nations with blockchain-enabled international remittance service. Pakistan’s Telenor Microfinance Bank joined forces with Valyou, a Malaysian fintech company to offer instant and secure international remittance service to Pakistanis living in Malaysia. The official announcement regarding the development was made at an event Islamabad. The
XRP Cryptocurrency will now be going to be used by 5 More Banks

XRP Cryptocurrency will now be going to be used by 5 More Banks

News
One of the largest cryptocurrency, Ripple revealed today in a report that a total of 13 more financial institutions had joined RippleNet, putting the total at over 200. Out of all these, 5 of them will be going to use the Ripple(XRP) cryptocurrency for liquidity. Some of the establishments named just within the press release are: SendFriend, Transpaygo, Euro Exim, JNFX, and FTCS Financial Institution. Apart from that, they will be going to use the entire liquidity on demand, and the eight others would not. Kaushik Punjani, Director of Euro Exim Financial institution, said of the partnership:As a frontrunner in commerce finance options for international corporates and fitness, we’re uniquely positioned to supply new cost channels and methods to supply liquidity. Our clients—whether o
India May Legalize Bitcoin Under “Strong” Rules

India May Legalize Bitcoin Under “Strong” Rules

News
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. This revelation comes just a few months after a government panel suggested the creation of a new regulatory framework within the Reserve Bank of India (RBI) that bans digital assets and declares crypto transactions illegal in India. According to an unnamed senior official who spoke with the New India Express, the committee had met twice, but deliberations were still ongoing. “We have already had two meetings. There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It