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Use Cases & Verticals


More than a million people signed up to trade cryptocurrencies in the days after mobile trading app Robinhood first announced the feature, co-CEO Vlad Tenev at the Future of Fintech conference on Wednesday. The co-founder of the investing app and web platform was bullish on bitcoin despite the price declines seen over the last few …

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The founder of a little-known cryptocurrency is making big waves. First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron (with a market capitalization of more than $3 billion), is acquiring the file-sharing service BitTorrent for as much as $140 million. (A subsequent CoinDesk report …

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Brewing giant Anheuser-Busch InBev is aiming to shake up digital advertising supply chains with the help of blockchain technology. The world’s largest brewer has launched its first ad campaigns through the Kiip mobile marketing app, which uses ethereum’s blockchain to record and track data. The goal is to monitor and, eventually, expand the reach of a …

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Yao Qian is the director-general of the Institute of Digital Money of the People’s Bank of China. This article represents his personal academic opinions and does not represent the opinions of the institution. Bookkeeping refers to the recording of economic data in account books. A ledger, therefore, is a book with a certain format based …

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The Freedom of the Press Foundation (FPF) now officially accepts donations made with cryptocurrencies, the non-profit announced Monday. The move is “a natural fit” for the organization, which aims to support journalists reporting on issues within governments, said executive director Trevor Timm. FPF – which will now accept bitcoin, bitcoin cash, ethereum, litecoin and zcash …

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Paul Brody is a principal and the global blockchain leader at EY We were promised a global financial and industrial revolution. We got a mango tracker. Three years since enterprises started exploring the possibilities in blockchain, it’s perfectly understandable to be disappointed with what we’ve got so far. But believe it or not, the seemingly …

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The world’s largest blockchain insurance consortium will use R3’s Corda platform to build its upcoming products, the company announced Monday. The Blockchain Insurance Industry Initiative (B3i), the independent company founded by Allianz, Aegon and Swiss Re, and supported by AIG and AIA, will use the platform to advance a prototype reinsurance blockchain, as well as …

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Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Under the watch of the Bank of Russia, Sberbank and Alfa Bank will offer their clients shares in a special fund that will be trading the six most popular cryptocurrencies on major exchanges, including Kraken and Bitstamp, …

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Nvidia appears to be expanding its interest in blockchain. CoinDesk has learned the graphics card producer, which saw a headlines-grabbing business boost from crypto mining demand last year, is now working with a startup called Ubex to develop a smart online marketing platform that uses blockchain and artificial intelligence. Abhinav Agrawal, a spokesperson for the startup, …

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Talk to any three blockchain entrepreneurs, and at least one of them will pitch a way for internet users to own their own data. Recent privacy debacles at Yahoo, Equifax and Facebook have driven home the realization that anyone with a smartphone is walking, talking, searching, eating, posting, browsing fodder for advertisers, machine learning algorithms …

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Sweden’s land registry authority and a group of participating banks, businesses and startups have completed the third phase of an ongoing blockchain pilot. It was announced Friday that the Lantmäteriet has passed the testing checkpoint with the aid of a number of partners. These include financial firms SBAB Bank and Landshypotek, blockchain startup ChromaWay, tech consultancy …

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Retail giant Walmart is exploring a way to let households manage their electricity bills using cryptocurrency – a concept it says could potentially lead to increased efficiency and lower prices. According to a patent application filed by Walmart in December 2017 and revealed on Thursday by the U.S. Patent and Trademark Office, the company is …

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JD Finance, a subsidiary of Chinese e-commerce giant JD.com, announced on Wednesday that it is planning to issue asset-backed securities (ABSs) on a blockchain. According to a report from the Securities Times, an outlet of the China Securities Regulatory Commission, JD Finance established the project in partnership with Huatai Securities, a brokerage firm that will underwrite the …

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Congress is set to consider yet another proposed mandate for a cryptocurrency study, this time in the area of sex trafficking. The House of Representatives Financial Services Committee is introducing a new bill today that, if passed and signed into law, would require the director of the Government Accountability Office (GAO) to open a study …

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Young women coders in Afghanistan are getting a chance to use ethereum’s cryptocurrency. Revealed exclusively to CoinDesk, Code to Inspire (CTI), a non-profit for teaching women in Afghanistan to write code, has partnered with the Bounties Network to allow students to accept ether (ETH) for fixing vulnerabilities for businesses or projects posting bounties. And according …

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GroundX, the blockchain subsidiary of the South Korean messaging giant Kakao, has announced it will work with a government-backed agency to develop blockchain projects focusing on social and public services. According to a report from CoinDesk Korea on Monday, Lee Jong-Gun – who joined GroundX from a UN big data initiative last month – announced …

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A national banking group in South Korea is to roll out a blockchain-based ID verification system for domestic commercial banks in just weeks. According to a notice revealed on Monday by the Korea Federation of Banks (KFB), the new system – dubbed BankSign – is scheduled to be launched in July following a testing phase …

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The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights as the trio continues to advance blockchain solutions to foster secure, high-speed cross-border payments. In a recent job posting on the American Express careers board, a clear reference was made to the partnership as …

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Its initial coin offering is still in progress, but a new announcement indicates that the team behind KODAKCoin is working to put the forthcoming cryptocurrency to use. WENN Digital – the company that licensed the photo-centric KODAK’s brand for a cryptocurrency and associated digital rights management platform – announced Monday that it is working with Oak …

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In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has …

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