7 Years Ago

Google Turns it’s Attention on Use Blockchains Making them Searchable

BBFTA News Editor | | PERMALINK

Google is trying to capture data and information on a variety of blockchains as they know only too well data is king and more and more is being put on to blockchains and held cryptographically away from current search engines.

Google believes that customers want accessible searchable blockchains so have developed Blockchain ETL (extract, transform, load) which enables generalized searches on Blockchains. It is proving to be popular with over 500 projects being established via viral marketing and word of mouth. The tech giants Google Amazon Facebook and Microsoft will not want to be shut out by blockchain or digital assets which is why they are investing so heavily into these sectors.

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Blockchain
Data Analytics
Market Research
https://www.forbes.com/sites/michaeldelcastillo...0f63954248

Kik who Raised $100million in an ICO Set to Challenge SEC

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One of the most successful ICOs last year, that within six months of doing an ICO was valued at over $1billion, is to fight the US Securities Exchange Commission (SEC) as to whether it’s token Kin is not a security.

The SEC believes that Kik has broken US security laws by issuing security. The firm argues that the tokens issued aren’t security tokens but a utility token as it has hundreds of thousands of people have been using Kin as a currency to buy goods and services. The firm plans to formally challenge the SEC’s position. This video is the companies vision for Kin (watch here). To see Kik’s CEO version of why he thinks the SEC has got is wrong read here.

This challenge is important as it will help to clarify and help determine what influence the SEC has...


READ MORE

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ICO
Information Security
https://bitnewstoday.com/news/kik-interactive-k...-to-court/

Iran Unveils a Cryptocurrency Backed by Gold

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The number of Governments using Cryptocurrencies seems to be gathering pace, with the announcement that Iran has been in discussions with Austria, Bosnia, France, Germany, Russia, South Africa, and Switzerland.

Iran is looking to launch a state-backed Cryptocurrency called Peyman, Persian for covenant. Four Iranian banks are involved, Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank. The over-the-counter exchange Iran Fara Bourse will offer the ability to trade the new currency. Initially, the Peyman will only be available for institutions, as Iran looks to accelerate the speed of banking transactions and facilitate payments globally as a way around US-led sanctions. Having been removed from SWIFT last year Iran has struggled to efficiently deal in global financial markets.

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Banking
Cryptocurrency
https://www.ccn.com/iran-launches-gold-backed-c...-sanctions

Deutsche Borse Making Progress with a Blockchain Platform for Securities Lending

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A platform for collateral swaps in the securities lending market backed by Deutsche Borse.

 The platform will not use traditional settlement and digital tokens will be transferred between accounts to represent change of ownership. The platform is designed to allow more efficient collateral management of high-quality liquid assets (HQLAs), which are in greater demand because of increased clearing and margin requirements under Basel III regulations.

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Digital Currency
Securities
https://bitcoinexchangeguide.com/deutsche-borse...-platform/

Lightning Blockchain Gathers Steam and Proves to be Ultra Fast

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Cryptocurrency detractors claimed it would be impossible to handle the volume of Visa or MasterCard. 

Lightning Network is disproving them, it is a matter of when not if Digital Assets will significantly challenge fiat currencies! With transactions costing pennies or less and to be able to use your phone, Lightning completely changes the way money is moved. If banks aren’t paying attention yet, they will be when they look at Lightning payments and realise they are likely to be disrupted!

#FrontierInsights
Cryptocurrency
Finance
Digital Assets
https://ethereumworldnews.com/lightning-network...of-600btc/