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Day: June 25, 2018

cryptocurrency June 25, 2018

Alibaba subsidiary begins sending payments with blockchain, E&Y partners with Microsoft on content rights platform, Tron aims to build out its voting system and more! Microsoft partners with E&Y on content rights platform Ant Financial (Alibaba Subsidiary) Begins Trials For Blockchain Payment Remittance in Philippines As reported by CoinTelegraph, a subsidiary of Alibaba (Ant Financial) has […]

cryptocurrency June 25, 2018

A research group linked to China’s Ministry of Industry and Information Technology (MIIT) has released its latest evaluation of blockchain networks – with perhaps surprising results. The China Electronic Information Industry Development (CCID) Blockchain Research Institute – which aims to provide an independent rating system for the blockchain space – has placed the just-launched EOS network in the […]

cryptocurrency June 25, 2018

“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should [serve] 80 percent of people and make 20 percent of profit,” declared Jack Ma, executive chairman of Alibaba. For years, blockchain proponents have proclaimed that the technology could reduce costs in the multibillion-dollar international remittance industry. It’s […]

cryptocurrency June 25, 2018

The price of ethereum, the world’s second largest cryptocurrency by market capitalization, dropped to a 74-day low below $430 – a level not seen since April 12. Data from CoinDesk’s price index shows the cryptocurrency dropped by more than $50 over a short-term period of 12 hours to reach $426.47 around 16:00 UTC on Sunday. Yet […]

cryptocurrency June 25, 2018

Is the timing of the departures a coincidence or a reflection of deeper problems? ICON and TRON are abandoning the signature decentralized application platform for their own mainnets. Though some ERC20 projects, such as ICON, plan for a departure to their own mainnets in their white papers, the timing of the emigration – when Ethereum’s […]

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