Blockchain platform goes live for North Sea crude oil trading

Blockchain platform goes live for North Sea crude oil trading

Oil majors and trading firms can start finalizing crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionize the market.
Fintech company Calastone to shift fund network to blockchain

Fintech company Calastone to shift fund network to blockchain

Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
FEATURE-Blockchain, AI hailed as new tools to protect high seas

FEATURE-Blockchain, AI hailed as new tools to protect high seas

SEATTLE (Thomson Reuters Foundation) - Emerging technologies that can remotely monitor the high seas will be crucial to enforcing a proposed deal to preserve the biological diversity of the world's oceans, researchers and campaigners said.
Bitcoin for payments a distant dream as usage dries up

Bitcoin for payments a distant dream as usage dries up

The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability.
Bitcoin for payments a distant dream as usage dries up

Bitcoin for payments a distant dream as usage dries up

The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability.
Two Sigma Ventures backs cryptocurrency security startup Trustology

Two Sigma Ventures backs cryptocurrency security startup Trustology

The venture capital arm of quantitative hedge fund manager Two Sigma has backed Trustology, a young company that develops technology to help investors safeguard digital assets such as cryptocurrencies, the companies said on Thursday.
SEC, EtherDelta founder settle charges over operating unregistered exchange

SEC, EtherDelta founder settle charges over operating unregistered exchange

The U.S. Securities and Exchange Commission (SEC) said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange.
China will likely publish rules for new tech board in January: 21st Century

China will likely publish rules for new tech board in January: 21st Century

China will likely publish rules for Shanghai's planned "technology innovation board" in January, and will launch the new tech board before June, the 21st Century Business Herald reported on Tuesday, citing unidentified sources close to the Shanghai Stock Exch…
Cryptocurrencies to survive sell-off: Allianz’s El-Erian

Cryptocurrencies to survive sell-off: Allianz’s El-Erian

Cryptocurrencies are here to stay despite a prolonged slump this year, and will gain wider acceptance after the recent entry of more institutional investors in the space, Mohamed El-Erian, chief economic adviser at Allianz, said on Tuesday.
France hopes to lure crypto-issuers with Gallic stamp of approval

France hopes to lure crypto-issuers with Gallic stamp of approval

With hundreds of cryptocurrencies being issued every month, countries face a choice: ban them, leave them unregulated, or come up with rules to tame them.
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