The expert explained why China needs its own cryptocurrency
“Chinese authorities want to create their own digital currency in order to keep all financial flows and their citizens under control, “ claims Maxim Korkodinov, the head of the analytics department at CryptoRank.io in his comments for letKnow.News.
Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost
Shinhan, one of the oldest and largest banks in South Korea, has partnered with two fintech firms to build a new security system using blockchain tech.
Top Blockchain Ideas That May Shape Up the Future of the World
Since its introduction ten years ago, blockchain technology has proven to be a great invention. So far, it has powered many inventions like smart contracts and the Internet of Things (IoT). These inventions will undoubtedly have a lasting impact on humanity.
New Jersey Signs Blockchain Task Force Program Into Law
Blockchain implementation research is coming to New Jersey.
Peter Thiel said that AI is a military technology that will primarily be used 'by generals'
Tech billionaire Peter Thiel painted a gloomy picture of artificial intelligence in his NYT's op-ed on Thursday, detailing the technology's real value and purpose as primarily a military one.
Technology giants' power to be probed in US
The US Justice Department has announced an investigation into leading online platforms, examining whether they are unfairly restricting competition.
Daimler to Produce Crypto Hard Wallet for Automotive Industry
Mercedes Benz parent company Daimler has partnered with blockchain firm Riddle & Code to produce a hardware wallet for automobiles.
Top 5 blockchain challenges businesses face
While blockchain technology can offer great opportunities, the hype surrounding it often leads to unrealistic expectations, according to the World Economic Forum.
Hyundai’s Token Company Partners With CasperLabs to Build a PoS Blockchain
HDAC Technology, a blockchain company backed by Hyundai, has entered into a strategic partnership with blockchain startup CasperLabs to jointly research and develop consensus mechanisms and seamless integration between the HDAC and CasperLabs blockchains.
The largest F.A.Q. on bitcoin
There have always been a lot of questions around Bitcoin. We decided to collect 50 answers to them, to dispel all myths once and for all.
Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project
Nestlé, the largest food company by revenue, announced a pilot program to track its supply chains using blockchain, according to a company statement.
Top 10 emerging technologies of 2019
The Internet of Things (IoT) is the emerging technology offering the greatest opportunities to create new business and revenues, according to CompTIA's second annual Top 10 Emerging Technologies report, released Monday.
Germany: CDU and CSU Union to Integrate Blockchain Into Public Services
In Germany, the CDU and CSU Union wants to integrate blockchain technology into public services, Cointelegraph Deutschland reported on June 25.
Latin American Banks Exploring Ripple’s Cross-Border Payments Technology Across Eight Countries
A pair of banks in Latin America are reportedly taking a hard look at adopting Ripple’s cross-border payments technology.
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.
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.
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.
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.
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.
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.