For governments and security agencies around the world, the WannaCry attack should serve as a wake-up call regarding the need to take a different approach to securing weapons in cyberspace.
Fintech isn't just the new kid on the block anymore; it's got some serious dough behind it. But does it mean that fintech companies are the future?
Blockchain, the Internet of Things and the sharing economy — how do these emerging trends relate to one another? In fact their interconnection is much deeper than one might think.
Las Vegas-based blockchain startup REcoin Group has announced launch dates for its cryptocurrency crowdsale. The ICO is set to go live on Aug.
Blockchain is best suited for environments where there is shared information and distrust or a need for validation between two parties — which makes financial services providers prime candidates for its use in at least four areas.
There's no killer app for the blockchain yet. But there are still hordes of innovative concepts coming over the horizon.
At this week's Blockchain and Digital Currency Conference in New York, blockchain project veterans explained why getting up and running with blockchain technology is a moon shot, not a road trip.
Banks have had a rocky relationship with bitcoin, but they are starting to embrace the technology of the blockchain. However, barriers and misconceptions remain.
Blockchain continues to win mindshare among fintech executives. The naysayers' position is starting to soften, and the viability of blockchain as a means to exchange information between untrusted parties has begun to receive recognition from major banks.
Luis Cuende has been building software since he was 12. He has now launched a blockchain solution for decentralized businesses. Blockchain Tech News sat down with Cuende to get his perspective on the blockchain now and in the future.
Agents ensure last-mile connectivity for remittances service providers, but networks can suffer from issues such as lack of financial incentives and networking. A blockchain-based solution might enable better collaboration, increased engagement and improved incentives.
One area where the blockchain is gaining a foothold is in intellectual property, where it's being used mainly as a way to ensure that artists and musicians receive recognition and compensation for their work, no matter where it might pop up on the internet.
The blockchain allows anyone with access to its distributed ledger to track what went into a product and who handled it along the way. This transparency is especially relevant to food supply chains, given their geographic expansion in recent years and the amount of data companies track.
With new technologies, it takes a while for regulation to catch up. Blockchain technology is no exception. While we are slowly beginning to see standards emerge, the reputation of blockchain is still marred by the criminal aspects of bitcoin.
Bitcoin was designed to be free from control by any one institution. But as mining and buying activity become concentrated in China, a country whose government wields absolute power, it's getting harder to argue that bitcoin is decentralized and borderless.
Major financial institutions such as JP Morgan are finishing up blockchain technology pilot tests and other businesses are starting to jump on board, as well. But is blockchain tech worth the hype?
The blockchain technology at the heart of the cryptocurrency bitcoin has opened up a number of possibilities for the banking industry. Here's what's in it for financial institutions.
Virtual Currency Today is becoming Blockchain Technology News. Editor Suzanne Cluckey explains what all the change is about.
The Trump administration has expressed interest in blockchain technology, which raises a few questions: Should government entities use the blockchain? And if so, what are some of the use cases?
The price of bitcoin is off only about 5 percent since Friday, when the SEC nixed the Winklevoss-backed proposal for a bitcoin exchange-traded fund. Which raises the question, "Was the commission's decision a foregone conclusion from the get-go?"