Day: April 10, 2020

Ripple Integration Brings Instant Payments to Thailand

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Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April 9, the solution aims to solve the challenges of expensive and unreliable global payments. They state that through their platform, remittances from Europe to Thailand will take less than a minute to complete. Instant cross-border payments via RippleNet Historically, remittances between Europe and Thailand often take more than one whole business…

Blockchains Still Lack Interoperability for Enterprise Use, WEF Says

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Over the past few years, Blockchain technology integration has increased within a wide number of industries. As such, there are now hundreds of diverse blockchain networks in operation all over the world. For the most part, however, most of these Blockchains are not able to communicate with each other in a way that provides efficient use for enterprise solutions. According to the World Economic Forum (WEF), the current level of blockchain interoperability is still too low for such implementations. On April 9, the WEF published a white paper on blockchain…

Real Estate Security Tokens Steadily Gain Market Share

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The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020. Three new properties were also listed on RealT during March — doubling monthly real estate token trade. RESTs now represent nearly half of active security token markets, and 15% of total volume.  Tokenized real estate quietly garners liquidity During January, tokens representing fractionalized ownership in three properties in Detroit, Michigan produced $19,950 in monthly volume. The tokens represent fractionalized ownership in rental incomes generated by the property. Tokens for a home on Fullerton St. represented…

Chain of Events Post-BSV Halving Mirrors BCH’s, Loyalists Propping Up the Network

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Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a result of disagreements between opposing factions within the BCH community, which led to a group backed by self-proclaimed Bitcoin (BTC) creator Craig Wright and billionaire Calvin Ayre forking the chain to form Bitcoin Satoshi’s Vision, or Bitcoin SV. As was the case with BCH, BSV also saw a reduction in hash rate as miners moved their…

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

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The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published by Genesis Mining indicates that 50% of bitcoin miners expect to see BTC’s price increase after the halving. Also read: Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’ 50% of…

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

boss

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published by Genesis Mining indicates that 50% of bitcoin miners expect to see BTC’s price increase after the halving. Also read: Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’ 50% of…