blockchain | ForkLog

ForkLog 127 24.04.2016

Bitcoin Skyrocketing, Public Services & Blockchain, and Platforms Launching. Cryptospace News, April 16-23

Bitcoin price growing, new investments in the industry, ambitious statements on practical application of blockchain technology – all highlights of crypto-industry’s week presented in ForkLog’s weekly overview.

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ForkLog 62 19.04.2016

Negative Interest Rate Advocates to Develop a Blockchain-Based Customer Rewarding System

A group of developers has announced they will launch a new blockchain-based system CRYPTonFly, which would distribute cryptocurrency dubbed CRON$ for various real-life activities. The system’s creators believe it will be popular with commercial organizations, which may use it to incentivize their customers to use their services.

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ForkLog 58 13.04.2016

Bitcoin Enthusiast Intends to Enter Russian Parliament to Defend Technological Innovations

Bitcoin enthusiast Alexei Bragin, earlier engaged in ReactOS and tutoring at Moscow State Technical University, decided to enter Russian parliament to defend “the interests of science and small businesses”.

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ForkLog 76 13.04.2016

Russia Intends to Launch a Blockchain Project to Identify Bank Customers

Russian developers used blockchain technology to implement several pilot projects on biometric identification for bank customers. The projects were the subject of discussion at early April’s meeting of “Internet + Finance” group. Attending the meeting were Pavel Pugachyov, deputy head of Russian President’s directorate for Development of IT and E-Democracy, Andrei Romanenko, head of “Internet […]

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ForkLog 44 12.04.2016

Bank of Russia Concedes Using Blockchain Technology to Issue Smart Bonds

April 12, in the course of Exchange Forum 2016 in Moscow, head of Bank of Russia’s department for financial market development Yelena Chaikovskaya told that the Central Bank was watching the blockchain technology closely, and the attention was rather positive. Moreover, she said, blockchain may be used in the Central Bank’s project for bondization in […]

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ForkLog 119 12.04.2016

How Blockchain Could Facilitate KYC Policies

There are lots of researches concerning the way blockchain may cut operational expenses, accelerate transactions and settle issues with KYC and AML regulations. However, the very issue of KYC is problematic both for crypto-industry itself and global finance. Expenses for customer identification, anti-fraud efforts, and follow-up of such operations are truly colossal. The very procedure […]

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ForkLog 57 06.04.2016

VP Of Major Russian Bank Predicts Blockchain Will Cause Banks to Disappear by 2026

Vice President of Sberbank of Russia, the country’s biggest state-owned bank, Andrei Sharov believes banks may disappear by 2026 because of blockchain technology’s impact. “In ten years, I’m afraid, there will be no banks, and I won’t have any job. Now, peer-to-peer crediting platforms are effectively developing, just as blockchain-based payments technologies,” he told Rambler […]

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ForkLog 116 05.04.2016

R3CEV To Open-Source Their Corda Blockchain Platform

R3 has finally shared the details of their work on their financial solution for banks, Corda, based on distributed ledger. The blockchain startup R3, founded in late 2015, leads a consortium of 42 major banks and financial institutions with the single aim – to provide banks the opportunities of the disruptive technology in a way […]

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ForkLog 88 05.04.2016

Money 20/20: Blockchain May Need Its Own Regulation

Conference Money 20/20 Europe kicked off on Monday, April 4, in Denmark’s capital of Copenhagen to feature a host of prominent speakers and attendees, including over a thousand of CEO’s from around the world. Apart from other things, the conference will give a closer look at fintech development, cryptocurrency and blockchain regulation, and other related […]

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ForkLog 121 04.04.2016

The Panama Papers: Banks and Private Blockchains in the Service of Corruption

Last year, blockchain has effectively become a buzzword for banking organizations. The initiative of R3CEV, an umbrella for several major financial players, is the talk of the town. However, in the light of recent leakage of so-called Panama papers, all those initiatives, from Ripple experiments to R3CEV, should probably be considered from a different point […]

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ForkLog 149 01.04.2016

Bitcoin, Cashless Economy and NIRP, Part II

Part One covered general features and peculiarities of bitcoin in comparison to national currencies of a cashless economy. Part Two covers bitcoin’s perspectives under conditions of negative percent rate policy (NIRP).

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ForkLog 113 31.03.2016

Bitcoin, Cashless Economy and NIRP, Part I

Publications specialized in covering crypto-industry use the term ‘cashless economy’ in the context of convergence between modern-day national currencies and bitcoin. While bitcoin hasn’t been a coin or a banknote for a single day in the first place, national currencies are only starting to abandon those ‘barbarian’ forms. Digitized national currencies require a certain degree […]

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