The former Director General for Technology and Transformation (Martin Clements) of the United Kingdom Foreign and Commonwealth Office is the latest top UK Government official to become a director of Blockchain startup SETL. Former Bank of England executive director Sir David Walker also joined SETL as board chairman. This new financial services firm is among the…

All the technical analysis in the world would struggle to anticipate what will happen to Bitcoin over the immediate and short term. There is simply too much going on, and too many unknowns. This article is focusing on a more fundamental analysis of Bitcoin, and considers whether now is the right time to buy Bitcoin…

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA) published a white paper or information document on the concept of Distributed Ledger Technology (DLT). This is a reliable guide or report informing the public regarding complex concerns about the subject. It also presents the institution’s viewpoint on the topic. HKMA produced the treatise in collaboration…

Bitcoin was designed for anonymity, although unlike many new cryptocurrencies that have been launched today with a focus on security, many of the now-lead directors aren't anonymous anymore. There is one major exception to this, though, and that is Satoshi Nakamoto. He is the famed creator of Bitcoin who started this great journey. Whether you're…

ZhongAn, the first web-based only insurance provider in the People’s Republic of China, has established its ZhongAn Internet Technology (IT) Services subsidiary. This auxiliary start-up will collaborate with the insurance firm as well as external partners to conduct further research on blockchain technology and build up artificial intelligence commonly known nowadays as AI, cloud computing…

BitPay, payment provider for Bitcoin digital currency, launched another innovative app with features for making payments, buying and storage. This is another addition to the collection of BitPay’s tools for merchant payment. At present, BitPay.com is a payment processor that helps merchants set up their own gateways for digital currency transactions. With this platform, business owners…

Blockchain is arguably one of the most promising technology innovations since the Internet emerged. It facilitates transactions and value exchanges without using middlemen, central authority or trust. Blockchain technology connects consumers and suppliers directly. It utilizes cryptography or codes to safeguard exchanges. There is a mainframe or digital journal, which in essence is a decentralized database,…

Microsoft has become very aggressive in its attempts to build a structure that depends on a specific blockchain called Ethereum. This is a computing platform based on blockchain that features smart contract function. It introduces a decentralized Ethereum Virtual Machine or EVM capable of implementing peer-to-peer (P2P) contracts. The crypto-currency used is Ether. Majority of Bitcoin…

We've looked at the situations surrounding the conception of Bitcoin in our previous article, and if you haven't seen it. Take a look at it here. There wasn't a lot of noise or interest at first, therefore not a lot of things happened in that period, but these following three years are packed full with…

Since it was first proposed in 2013 by its creator, Vitalik Buterin, Ethereum has managed to grow exponentially and become a serious competitor to bitcoin and other digital currencies. For those who do not know, it’s worth pointing out that Ethereum is a blockchain-based, public, distributed computing network that also offers smart contract functionality. This is…