Blockchain is continuing to march at the forefront of the fintech boom and one can clearly notice the ramifications for system efficiency and simplification across the investment banking ecosystem. While the impact is likely to be huge long term, the technology is still going through the typical growing pains of a somewhat nascent player in Read more about What does Blockchain mean for investment banking?[…]
While traditional audit and assurance services will remain essential, blockchain business applications and new accounting technology are likely to have a significant impact on the way auditors execute engagements. Blockchain technology forms the foundation for an internet-based peer-to-peer network that uses computer-powered cryptography to facilitate exchanges of value. According to the newly released audit and Read more about How can blockchain technology affect audit and assurance?[…]
The researchers of the Massachusetts Institute of Technology (MIT) have developed a new cryptocurrency that considerably reduces the need of users to join a network, besides verifying the transactions up to 99% compared to the other currently popular cryptocurrencies. Popular cryptocurrencies, such as Bitcoin, are networks built on the blockchain technology, a financial ledger, formatted Read more about MIT analysts’ brand new cryptocurrency Vault, is faster, more efficient than the other popular cryptos.[…]
The Bitcoin price recently spiked from $3,830 to $4,051 by around five percent. Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. The sudden increase in the price of Bitcoin led other major crypto assets to spike in value. Ripple, Bitcoin Read more about Crypto Market Adds $7 Billion, Bitcoin Breaks Above $4,000 Amidst Widespread Crypto Surge, Ethereum Faces Strong Resistance[…]
Buying and selling BTC with USD using credit or debit cards is now much simpler with PCEX’s high-caliber crypto-exchange. Built by financial experts, PCEX only charges 0.05% on any trade in the intraday and derivative markets, and 0.5% in the cash or delivery market. What Are PCEX’s Game-Changing Features? Not only does PCEX offer the Read more about Start Trading On Panaesha Capital’s PCEX Crypto-Trading Platform at 0.05% Fees[…]
Phones based on blockchain technology will soon become the latest in a fast-growing list of innovations. In an era where major technology development companies are now trying to outdo each other by developing cutting-edge blockchain technology related systems, Foxconn is seeking to take the ‘blockchain step’ in its sector by developing blockchain technology enabled mobile Read more about Foxconn and Sirin Labs partner to Manufacture Blockchain Technology Based Cutting Edge Phones[…]
Cryptocurrencies are changing the face and landscape of the financial world. However, do we know enough about the underlying technology that makes these currencies so disruptive? Here is a simple summary of blockchain technology, the distributed online ledger that every cryptocurrency is built on.