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Mastercard will start supporting cryptocurrencies

Whatever your opinion of cryptocurrencies – whether you are a fanatic or a skeptic – the fact remains: these digital assets are becoming an increasingly important part of the world of payments, both in the business world and in personal life. And now, the largest financial payment system, MasterCard, has begun to form mechanisms to …

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Development of new blockchain companies

Stephen Wozniak is an electronics engineer, programmer, philanthropist, and technology entrepreneur from the USA. In 1976, he co-founded Apple Inc. with his partner Steve Jobs, which later became the world’s largest IT company by revenue and the largest company in the world by market capitalization. Recently, on December 3rd Steve Wozniak’s blockchain venture “Efforce” has …

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Blockchain technologies for city services

As being reported by multiple sources, Polish city Olsztyn became the first City to use Ethereum blockchain for emergency services. The city is allegedly the first city in the world to leverage on Ethereum’s blockchain to assist in emergency services. Olsztyn completed a successful trial of SmartKey, which is a blockchain technology connecting blockchain distributed …

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Digital payments

The move to digital payments that provide better fraud protection and digital asset representation continues to accelerate, among other things driven by the COVID-19 pandemic and increased interest in digital currencies from banks and consumers alike. At the end of October, PayPal announced the launch of a new service allowing its customers to buy, store …

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Bitcoin culture – Portraits of a Mind

Bitcoin may be completely paperless, but one artist has meticulously dragged it into the physical world by hand-painting the cryptocurrency’s 12.3 million-digit founding code across 40 separate paintings. Working under the project name Robert Alice, artist Ben Gentilli spent three years working on the canvases, which he has collectively titled “Portraits of a Mind.” Using …

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Blockchain and decentralization – the future of social networks

Yesterday Business Insider Magazine published an article about the Blockchain. Future of social media platform Twitter will be shaped by Bitcoin and its underlying technology, according to chief executive Jack Dorsey, who was once again endorsing a decentralized social media standard at a virtual conference on September 25. “A lot of our value in the …

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Financial system and blockchain

According to CNBC, Goldman Sachs is renewing its push into Wall Street’s digital future. Last month the firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month. The appointment means the newest face of blockchain and cryptocurrency on Wall Street isn’t a starry-eyed …

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Cryptocurrencies – a direction for investment

Forbes Magazine has just reported that Fidelity Investments (one of the largest international fund management firms) president and director of digital funds Peter Jubber, on 26.08.2020 has filed paperwork with the U.S. Securities and Exchange Commission (SEC) informing the regulator of a new fund dedicated to bitcoin. The previously unknown Wise Origin Bitcoin Index Fund …

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Decentralized blockchain applications in China

Blockchain-Based Service Network (BSN), a Chinese state-sanctioned blockchain infrastructure project, launched its English-language website for international decentralized applications developers on august 10th. Developers are now able to build apps and run nodes on either permissioned Blockchains or major public chains through the global version of the network. Available permissioned Blockchains include Hyperledger Fabric and FISCO-BCOS, …

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