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Economist Nouriel Roubini: Blockchain and bitcoin are the world’s biggest scams

The economist who predicted the 2008 financial collapse has been telling congressional leaders that bitcoin and blockchain represent a significant threat to the stability of the financial marketplace. But he's getting pushback.

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Banks remain wary of blockchain-based electronic payment networks

While blockchain-based payment networks could help eliminate central authorities and their accompanying fees for cross-border transfers, banks and other enterprises see risks.

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Mastercard, Microsoft partner on B2B fintech network that could save billions

Mastercard and Microsoft have developed a B2B global trade platform that creates a directory of businesses for verification purposes and a payment and clearance network to challenge what is today a mostly paper-based system.

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China once again cracks down on cryptocurrencies, news outlets

The Chinese government has banned more than a half dozen online media outlets after they published information on cryptocurrencies, and a regional government authority clamped down on all venues hosting crypto events.

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What Vitalik Buterin’s tweetstorm means for the future Ethereum blockchain

In an effort to explain what will be a major upgrade to the Ethereum blockchain that will include a Proof of Stake mechanism and sharding system, its founder meticulously detailed the history of development efforts and where those...

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U.S. Treasury: Regulators should back off FinTech, allow innovation

The Treasury Department, in a report, is recommending that state and federal regulators loosen their grip on FinTech and financial services firms in general and allow them to innovate.

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Blockchain, chatbots, and AI could reinvent corporate finance

Over the next several years, CFOs and their finance organizations will be able to tap three key technologies to make their business processes better, faster and less expensive.

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Google to offer blockchain as part of cloud service

Google has joined a growing number of cloud service providers who are offering blockchain to enterprises.

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The top 3 disruptive FinTech technologies to watch in 2018

FinTech will benefit from three technologies that are expected to expand the usefulness of big data, offer more secure and responsive applications and exponentially grow computational performance.

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UC Berkeley puts blockchain training online; thousands sign up

After teaching an on-campus course about cryptocurrencies, UC Berkeley is planning to launch a two-part, online course aimed at educating students around to globe about cryptocurrencies and business-scale blockchain networks.

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SEC official says Ethereum is not a security, freeing it from oversight

The Securities and Exchange Commission has reportedly been scrutinizing Ether, second only to bitcoin in value, to determine whether it should be considered a security; today, an SEC official stated it is not.

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The way blockchain-based cryptocurrencies are governed could soon change

Proof of Work algorithms, which govern how bitcoin and other cryptocurrencies run, have proven slow and costly. So developers are eyeing a faster and more efficient algorithm: Proof of Stake.

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Regulatory uncertainty could stymy blockchain adoption

Even as companies seek to integrate the distributed ledger technology into their business models, uncertainty about the regulatory landscape is seen as a major stumbling block.

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Amazon joins list of blockchain-as-a-service providers

Amazon plans to be one of a handful of tech companies leaping to provide blockchain as a service for enterprises seeking to test the waters without the expenses and risk associated with a new roll out.

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What is blockchain? The most disruptive tech in decades

The distributed ledger technology, better known as blockchain, has the potential to eliminate huge amounts of record-keeping, save money and disrupt IT in ways not seen since the internet arrived.

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Now, blockchain can turn carbon credits into tokens for trading

Companies are developing a crypto token that represents carbon credits to be traded on a blockchain ledger, creating a more efficient and transparent method for exchanging the valuable certificates tied to reducing greenhouse gas...

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Businesses join to create enterprise standard for blockchain networks

Enterprise Ethereum Alliance, a group made up of 500 businesses, has published its first standard for a business-centric distributed ledger that promises to speed up transactions while increasing privacy.

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What is blockchain technology?

Cryptocurrency such as Bitcoin has garnered most of the media coverage and hype to date, but keep your eye on blockchain – this new technology is poised to change IT in much the same way open-source software did a quarter century ago....

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