Blockchain Technology Will Profoundly Change the Derivatives Industry

Editor’s note: This is a guest post by Matt O’Brien. As the hype and pessimism around blockchain technology converge toward reality over the next several years, one certainty emerging among Wall Street and Main Street traders is that advancements in platform technology will profoundly change how commonly used securities known as derivative contracts will be traded. The distributed ledgers inconceivable ...

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Why the Global Economy Needs Open Blockchain Assets to Fight Negative Interest Rates

The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based systems, but many high-level decision-makers still must be persuaded of this technology’s global impact. The United States seems to be doing fine in the aftermath of 2008’s Great Recession. Despite technological change causing some workforce pain, the U.S. ...

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BunkerChain Labs Takes on Fraud in Online Gaming Using the Blockchain

In a bid to provide the online gaming industry with a transparent and provably fair wagering platform, ex-military nuclear bunker and data center operation BunkerChain Labs has reactivated the “War Games” protocol built entirely on the blockchain. For more than 50 years, the nuclear bunker where BunkerChain Labs operates was used by the Canadian Department of Defense to conduct frequent war games ...

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IBM: Government and Blockchain Sector Should Work Together to Enhance National Security

IBM Vice President for Blockchain Technologies Jerry Cuomo recently testified before the Commission on Enhancing National Cybersecurity on how the blockchain can benefit transactions, eWeek reports. Cuomo is persuaded that the technology could potentially cause a tectonic shift in the way financial systems are secured and that government, technology companies and industries should work together to advance blockchain technology to ...

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How Blockchain Technology Is Reinventing Global Trade Efficiency

This article orginally appeared in The Distributed Ledger. The business of moving commercial goods around the planet represents billions of dollars in enterprise revenue—as well as losses and inefficiencies resulting from risk, fraud or anachronistic manual paperwork delays. The good news is that few sectors are poised to so dramatically benefit from the advent of blockchain-based solutions. Given the size of ...

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Russia’s National Settlement Depository Successfully Tests Blockchain-Based E-Voting System

The National Settlement Depository (NSD), Russia’s central securities depository, has developed and successfully tested an e-proxy voting system running on a distributed ledger built with the NXT distributed cryptographic platform. The project’s open-source code is available on GitHub. The NSD, a member of the Moscow Exchange, is a Russian nonbanking credit organization, Russia’s central depository and a professional securities market ...

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ISO May Propose Certified Standards for Blockchains and Distributed Ledgers

In April when the Bitcoin community began preparing for Australian Craig Wright’s “Satoshi Nakamoto reveal,” there was another announcement from Down Under that was overlooked.   On April 14, Standards Australia, a non-government, not-for-profit standards organization announced that “Australia proposes International Blockchain Standards” and included a proposal for a “new field of technical activity.” This proposal was registered with the ...

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Bitcoin in Use: The Arnhem Conference to Celebrate Bitcoin Retail Payments

Over the past years, the Dutch town of Arnhem consistently made headlines for its exceptional Bitcoin project: Arnhem Bitcoincity. Launched in 2014, the initiative started with 15 bars and restaurants accepting bitcoin and has since grown to include more than 100 brick-and-mortar bars, restaurants, stores and more. With some 150,000 inhabitants, Arnhem might even be the most Bitcoin-dense municipality in the world, ...

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Sweatcoin Pays Brits Blockchain-Based Digital Currency to Get Fit

If you’ve ever needed an incentive to get fit, a new app launched in Britain could give you the boost you need. The new fitness app for Apple devices, Sweatcoin, rewards steps people have taken with digital currency, which can be used to buy goods and services. The British-made app by co-founders Oleg Fomenko, Anton Derlyatka, Danil Perushev and Egor Khmelev, ...

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