RAKBank launches block-chain based payments to India

November 27, 2017

A retail and business bank in UAE has partnered with the blockchain company Ripple to support instant cross-border payments to retail customers in India which is the world’s largest remittance receiver. We saw American Express partner with Ripple to use its technology to provide a way to send instant cross-border payments with lower transactions costs. The age of block-chain has now allowed conventional bank remittances to be replaced by instant…

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Monetary Authority of Singapore issues consultation on Payments bill

November 27, 2017

The country’s central bank and monetary authority of Singapore is moving forward to bring many regulations that will deal with retail payment services. This single legislation will also include bitcoin and cryptocurrency exchanges. With an announcement on Tuesday, the Monetary Authority of Singapore launched the second revision on its payments service bill, a regulatory network designed for payments that will propose to streamline the regulation of all payment services available…

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Dash Prices surge to reach an all time high of $600

November 23, 2017

Dash has been setting new records in the past 10 days. It has extended its rally of a growing trend with a 20% surge yesterday. This surge has resulted in the price of Dash Coin to reach at $584 which represents a total of 70 percent increase from November 12 when its price was $346. The half of Dash’s trading volume was concentrated in one single region that is South…

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Mad Money host Cramer joins the critics

November 23, 2017

CNBC’s Mad Money host has just said that bitcoin and junk bonds are just bubbles with no real values and that the stock market is the only thing that is worth trading with ‘real and obvious value’. The former hedge fund manager, best-selling author and host of Mad Money, Jim Cramer said that he doesn’t understand why people believe the stock market is a dangerous and overvalued market. His valuable…

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SmartOne: First decentralized legal community

November 20, 2017

We have seen a variety of decentralized platforms that are disrupting the internet like freelance portals, betting companies, lottery companies. New companies have been announcing ICO of all different types. So far, we haven’t seen anything in the legal space. This is about to change as a startup attempts to bring smart contracts for you for legal solutions. SmartOne, a new blockchain based marketplace is built for legal solutions and…

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Ripple jumps up with a double digit number

November 19, 2017

The price of Ripple posted about a double digit increase in the trading price on Thursday following the announcement of the new partnership with the credit card giant American Express to process cross-border payments. As reported by HiTechFacts, American Express and Santander has partnered with Ripple, the infamous cryptocurrency with a stable price that is under $1. To create a blockchain payments channel between UK and US. Customers of these…

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World’s First Virtual Reality Real Estate Supported by Blockchain

November 18, 2017

Blockchain was always about enhancing existing systems and maximizing the potentials of old ideas that that have thrived over the years. The technology has evolved to bring home certain ideas which may not have been possible before now. A few years ago, the idea of owning a portion of cyberspace on the rules of real estate allocation would have been impossible. Today, this idea not only moves towards reality, but…

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American Express & Santander collaborate to provide seamless cross-border payments

November 18, 2017

Another advancement has strengthened the block-chain community. American Express and Santander have partnered with the financial technology firm and the famous cryptocurrency Ripple to speed up cross border payments between the United States and United Kingdom by using the block-chain technology. American’s business customers will be able to use the blockchain technology as all international payments that previously was done through FX International Payments platform will be routed through Ripple’s…

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Sola: World’s first decentralized social network

November 13, 2017

Do you love to create your own content and the idea of making money from that content is attractive then you should try out Sola. It is a platform which helps you get your thoughts out to the world also get paid for it. With Sola, you don’t need to have a great following to reach a huge audience. There is no concept of friends and followers in this network…

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Only 8% of blockchain products remain active

November 13, 2017

GitHub the famous code repository shows there were about 26000 blockchain related projects that was created on its platform but only a small amount of them remained active. This data was compiled by Deloitte in its detailed new report called “Evolution of block-chain technology. They got their insights from the GitHub platform. In total there were 26,885 blockchain-related projects developed last year. Despite the technology being nurtured only about 8%…

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