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    Sergey Sevantsyan: Facebook and Telegram cryptocurrencies will blow up the micropayment market

    Sergey Sevantsyan: Facebook and Telegram cryptocurrencies will blow up the micropayment market

    Sergey Sevantsyan, a crypto-evangelical and blockchain technology adviser in his interview for LetKnow.News told about the impact of crypto-projects from Facebook and Telegram on the money transfering market, and how blockchain and cryptocurrency changed the financial world.

    YESTERDAY

    Why banks are not in a hurry to implement blockchain
    Exclusive

    Why banks are not in a hurry to implement blockchain

    Banks are one of the main drivers of innovation in the financial sector. When it comes to the blockchain, however not everyone is in a hurry to introduce this new technology into their business processes. And there is a number of reasons for that.

    13 JUNE 2019

    Exclusive
    Italy to Use Blockchain in Baby Food to Enhance its Safety

    Italy to Use Blockchain in Baby Food to Enhance its Safety

    Italy has always been at the forefront of innovation and security. An Italian startup plans to apply blockchain to baby nutrition safety. The company promises to ensure the safety of 90% of the ingredients used in nutrition products for children within a year.

    27 MAY 2019

    Bitfinex Will List Its New Exchange Token Starting Monday

    Bitfinex Will List Its New Exchange Token Starting Monday

    Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering.

    19 MAY 2019

    Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

    Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

    According to a Reuters report, Facebook registered a new company, Libra Networks, in Geneva on May 2. This coincides with the slow roll-out of their internal cryptocurrency that will define the company’s first foray into blockchain technology.

    19 MAY 2019

    Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox

    Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox

    Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory sandbox framework for the fintech industry, reported The Economic Times on March 16.

    19 MAY 2019

    Facebook Coin: Weiss Ratings slams crypto-project; claims FB is ‘noticeably absent’ from DLT discussions

    Facebook Coin: Weiss Ratings slams crypto-project; claims FB is ‘noticeably absent’ from DLT discussions

    The cryptocurrency industry has seen a resurgence in terms of price recently, after a majority of the top coins recorded double-digit gains over the week. In the middle of this, Weiss Ratings, the popular cryptocurrency rating platform, has taken up arms against the much-talked about Facebook Coin, tweeting,

    17 MAY 2019

    Luxury Fashion Brand Alyx to Use Iota’s DLT for Supply Chain Tracking

    Luxury Fashion Brand Alyx to Use Iota’s DLT for Supply Chain Tracking

    Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology (DLT) for supply chain tracking, cryptocurrency news outlet The Block reports on May 15.

    16 MAY 2019

    Pfizer Executive: Technology Is ‘Basically Good Enough’ to Ramp Up Production Blockchains

    Pfizer Executive: Technology Is ‘Basically Good Enough’ to Ramp Up Production Blockchains

    A Pfizer executive has challenged existing theories about slow rates of blockchain adoption — telling the Consensus conference on May 14 that the technology is “basically good enough to have more production blockchains than we have today.”

    15 MAY 2019

    Payments Startup Uphold to Use Ledger Vault

    Payments Startup Uphold to Use Ledger Vault

    French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.

    14 MAY 2019

    Expert: Blockchain will not overthrow corruption
    Exclusive

    Expert: Blockchain will not overthrow corruption

    The blockchain technology alone cannot defeat corruption. That’s what Yevgeny Pavlov, the head of the Russian sales department of The Bitfury Group said in an interview for LetKnow.News.

    13 MAY 2019

    Exclusive
    UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

    UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

    A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.

    11 MAY 2019

    Top Five (5) Blockchain Technology Use Cases For Central Banks

    Top Five (5) Blockchain Technology Use Cases For Central Banks

    The coming of Bitcoin, Altcoin and blockchain technology has met with so much criticism in the early days. The new innovations these digital currencies came with were hugely criticized especially by financial institutions and central banks in general.

    5 MAY 2019

    Chinese Internet Court Employs AI and Blockchain to Render Judgement

    Chinese Internet Court Employs AI and Blockchain to Render Judgement

    In China, blockchain technology is increasingly employed to settle court cases, local news outlet Global Times reported on April 25.

    26 APRIL 2019

    Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

    Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

    Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the desire among financiers to maintain the status quo is holding back the adoption of blockchain technology, Business Insider reported on April 23.

    24 APRIL 2019

    Insurtech: Automating insurance claims with blockchain

    Insurtech: Automating insurance claims with blockchain

    Many insurance players and start-ups around the world are experimenting with blockchain to improve their processes. One emerging area of focus is using the technology to automate claims.

    24 APRIL 2019

    Israel: Institute Sues Professor for Alleged Blockchain Intellectual Property Violation

    Israel: Institute Sues Professor for Alleged Blockchain Intellectual Property Violation

    The Technion Israel Institute of Technology has filed a civil suit against a faculty member for allegedly establishing of a zero knowledge proof technology company and making use of the knowledge developed by him while working at the institute. The news was published by local media outlet Calcalist on April 22.

    23 APRIL 2019

    The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

    The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

    The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects are clearly excluded.

    19 APRIL 2019

    Bitcoin Lightning Network (BTC LN) Passes a Big Benchmark in Surpassing 8,000 Nodes

    Bitcoin Lightning Network (BTC LN) Passes a Big Benchmark in Surpassing 8,000 Nodes

    If you follow crypto news, you have certainly heard about the Bitcoin Lightning Network. This off-chain scaling solution for Bitcoin (BTC) was launched last year and it has been growing a lot lately. Now, the LN has reached the landmark of 8,000 nodes, a proof that the service is finally breaking into the mainstream.

    17 APRIL 2019

    Hong Kong insurer Blue Cross adopts blockchain to speed up medical claims, eliminate fraud

    Hong Kong insurer Blue Cross adopts blockchain to speed up medical claims, eliminate fraud

    Hong Kong’s insurance firms are fast embracing technology to keep up with their more nimble rivals.

    17 APRIL 2019

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