by Debra Guzov | Bitcoin and Blockchain
Blockchain, the decentralized digital ledger, is mostly known as the technology behind bitcoin, however, it can essentially be used for any tracking or transactional purpose. Zhongshan, a Chinese city south of the Pearl River Delta, are using blockchain technology to...
by Debra Guzov | Bitcoin and Blockchain
On August 3, 2018, Intercontinental Exchange (NYSE:ICE), the parent company of the New York Exchange, announced that it is launching a new fintech company called Bakkt. In their announcement, ICE explained that Bakkt “intends to leverage Microsoft cloud solution to...
by Debra Guzov | Bitcoin and Blockchain
Blockchain, the decentralized digital ledger, functions as the technology behind smart contracts. Smart contracts are contracts between at least two parties, which are written in computer code and stored and operated on a blockchain. Smart contracts “automatically...
by Debra Guzov | Bitcoin and Blockchain
De Beers Group, a member of the Anglo American plc group, began in 1888 and today is a world leader in the diamond industry and the largest diamond producer in Botswana, Canada, Namibia and South Africa. De Beers Group is now tackling blockchain technology to...
by Debra Guzov | Bitcoin and Blockchain
Cryptocurrencies, as the name entails, were created with the intention of someday replacing sovereign currencies. Cryptocurrencies, most notably bitcoin, have not been utilized as currencies but instead as investment vehicles. Even the world’s G20 financial leaders...