Financial Services Industry

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Facebook’s Libra co-creator: Social, financial data will remain separate

Facebook planned for regulatory pushback and competition from other crypto wallets, which is what has emerged.

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Cryptocurrencies backed by cash could elude new regs

Stablecoins can include features that are typical of regulated securities, meaning they might be able to avoid new government oversight.

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IBM, Intel, J.P. Morgan and Microsoft join others on new blockchain token spec

A business consortium led by the Enterprise Ethereum Alliance said their new blockchain-based token specification can create regulatory compliant digital currency for use in any number of scenarios.

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Mastercard partners on blockchain-based food supply chain

Mastercard and Envisible's new blockchain-based supply chain will enable grocers and suppliers to not only track goods on the distributed ledger but for them as well.

Facebook headquarters

Facebook won't launch cryptocurrency until U.S. regulators approve

Growing pressure from regulators prompted Facebook CEO Mark Zuckerberg to say his company will not back a global financial network based on a cryptocurrency without government okay.

HTC blockchain-enabled smartphone Exodus 1s

HTC launches a cheaper blockchain phone

HTC is now selling the Exodus 1s, a blockchain-enabled smartphone that can natively store Bitcoin and other cryptocurrencies and costs less than half the price of its predecessor.

Facebook headquarters

Can Facebook's Libra cryptocurrency survive the exodus?

Seven of the founding members of the Libra Association, Facebook's non-profit governing council for its planned cryptocurrency, have jumped ship amid increasing scrutiny by U.S. and European regulators.

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Here's why there won’t be a quick enterprise blockchain revolution

While corporate CIOs see the distributed ledger technology as innovative, blockchain is unlikely to become technically and operationally scalable anytime soon.

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How blockchain is helping the coffee industry count beans

Blockchain will enable farmers, bankers, exporters and others to track and trace the shipment of coffee beans from grower to retailer.

disruptive technologies / cloud / cryptocurrency / IoT / Internet of Things / smart cities

Why Wells Fargo plans to pilot its own cryptocurrency

The world's fourth-largest bank said cryptocurrency will allow near real-time money movement and cut out settlement middlemen, thus reducing costs from fees.

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Why France and Germany fear Facebook’s cryptocurrency – and plan to block it

France and Germany are the latest nations to come out against cryptocurrencies, saying they will block Facebook's Libra as it poses a risk to consumers and “the monetary sovereignty” of European nations.

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Gartner sees blockchain as ‘transformational’ across industries – in 5 to 10 years

CIOs have to continue to educate execs and senior leaders about blockchain opportunities and challenges and continue to develop proofs of concept to test its business worthiness, the research firm says.

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Q&A: What Apple’s embrace of cryptocurrency could mean for the payment industry

Apple has become the latest in a flurry of mega companies exploring the use of cryptocurrency, the implications of which could drastically transform payment processing.

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Apple exec confirms cryptocurrency is on company radar

After indications earlier this year that Apple might be interested in cryptocurrency, a company exec this week confirmed the company is indeed interested in digital money, as it has "interesting long-term potential."

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Hedera Hashgraph launches mainnet, hopes to compete with global business networks

Hedera is a distributed ledger that runs on a new protocol that enables higher transactional throughput than bitcoin or Ethereum and is aimed directly at business use.

binary chains / linked data / security / blockchain

Why blockchain, despite some early success, remains a corporate enigma

While the benefits of blockchain seem straightforward, the nuances around implementing it — including adding business partners to a network, integrating it with legacy systems and navigating uncertain regulatory waters — make its...

Chains of binary data.

What's a smart contract (and how does it work)?

Smart contracts are potentially one of the most useful tools associated with blockchain, and they can enable the transfer of everything from bitcoin and fiat currency to goods transported around the world. Here's what they do and why...

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Trump’s hostile view of Bitcoin and crypto could chill industry

In a series of tweets, the president said he's not a fan of digital currency that's based on 'thin air,' a stance experts believe could signal government pushback and new regulatory scrutiny.

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