Blockchain Adoption

FC Barcelona Partners With Chilliz To Launch A Cryptocurrency For Their Fans

One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase. Barcelona To Launch Own Cryptocurrency According to an official press release, FC Barcelona, the captain of which is...
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StellarX-Backed London Football Exchange Acquires Majority Shareholder Status of Perth Glory Football Club

In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League. According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority...
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Australia Readies National Blockchain Roadmap In A Strive To Push Adoption

The Australian government is taking significant steps in adopting blockchain in its daily operations. Earlier today, the country released its “National Blockchain Roadmap” to improve the nation’s productivity in different sectors. Australia Published Blockchain Roadmap Less than a year ago, the federal executive Government of Australia (the Morrison Government), announced that it will develop a...
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Goldman Sachs and Citigroup Execute Equity Swap On Blockchain Similar To Ethereum

Two of the largest multinational investment banks in the world, Goldman Sachs and Citigroup, recently conducted a successful transaction utilizing the blockchain technology. Both giants made the first of its kind equity swap, but 13 more are waiting to be fulfilled, as well. Equity Swap On Blockchain As reported by Forbes, Citigroup and Goldman Sachs...
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Fidelity’s VC Arm Invested $13 Million In His Blockchain-Based Startup: Clear’s Co-Founder Explains Why

Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital. “Eight Roads is the investment...
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USA Is Looking Closely To Launching Its Own Cryptocurrency, According To Fed Governor Lael Brainard

The U.S. Federal Reserve is experimenting with blockchain technology to establish potential use cases for a central bank digital currency (CBDC). Fed’s Governor Lael Brainard said this in a recent speech, but she also noted that risks still exist, and they have to be addressed before launching a digital currency. The U.S. Contemplating A CBDC...
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4X Faster Crypto Transactions: Welcome To MIT’s Spider Off-Chain Routing Scheme

For more than a decade, there has been one major issue thwarting the adoption of cryptocurrency: transactions simply take too long. Fortunately, researchers at MIT have now announced that they have developed a more efficient system for routing cryptocurrency transactions, which they have dubbed “Spider.” According to ComputerWorld, MIT researchers are able to use this “Spider”...
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Deutsche Bank Sees How The Internet Compares To Blockchain Technology

An interesting graphic compiled by Deutsche Bank compares the early-stage evolution of the Internet and blockchain technology. It shows that the two have relatively similar difficult beginnings, but ultimately the former receives more mass adoption than the latter. Internet Vs. Blockchain Adoption Rates Nowadays, it’s hard to imagine living a normal life without constant access...
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From Bitcoin To Other Altcoins: How Are They Actually Used In Today’s World?

Bitcoin and the alternative coins receive different acceptance from people: from a speculative tool for trading to an investment option, digital gold, etc. Yet, most of them have another, more meaningful purpose that is somehow neglected by the masses when they see only their coins’ prices. While most people are aware of the top digital...
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In the New Decade, Crypto Will Become Essential Like Email: Says Tyler Winklevoss

It’s the start of a new decade, and industry famous twin Tyler Winklevoss, the co-founder, and CEO of cryptocurrency exchange and custodian company Gemini Trust, has shared his views on what the next ten years hold for crypto. According to Winklevoss, crypto is already becoming more than a niche technology and a form of money,...
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Tokyo-Based Softbank To Offer Cryptocurrency Debit Cards To Its Clients

Softbank, one of the popular banks in Japan, has announced the introduction of a new type of debit card for its clients. Reportedly, the bank will start providing debit cards equipped with Internet of Things (IoT) chips, and it would be usable as a cryptocurrency wallet as well. Softbank Launches Cryptocurrency Debit Card The popular...
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Changpeng Zhao (CZ): Blockchain Will Be Bigger Than The Internet

One of the most influential people within the cryptocurrency community, Changpeng Zhao, recently spoke about the current and future state of blockchain and cryptocurrencies, in general. The founder and CEO of Binance shared his opinion on the market, the prices, and his belief that blockchain will have a more significant impact on the world than...
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Meltem Demirors Is Wrong – Blockchain Is Not Dead And Here’s Why (Op-Ed)

Blockchain took it on the chin this week as several big names in the industry speculated that the technology that underpins Bitcoin and other cryptocurrencies has been over-hyped. Meltem Demirors, CIO of CoinShares Group, even went so far as to declare blockchain “dead.” Don’t Start Eulogizing Blockchain Quite Yet Demirors, along with more than a...
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CFTC Chairman: The US Should Lead the Rest of the World in Crypto Adoption

Heath Tarbert, the head of the U.S. Commodity Futures Trading Commission (CFTC) says the country should be at the forefront of global crypto adoption by creating innovative solutions in the emerging cryptocurrency space. The U.S. financial watchdog chief also wants regulators to move towards a more streamlined regulatory environment for digital assets in the United...
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Paxos to Debut Blockchain-Based Clearing & Settlement Pilot for U.S. Stock Market

Blockchain startup Paxos is set to launch a blockchain pilot for clearance and settlements in the U.S. stock market. The project provides an alternative to the process offered by the Depository Trust and Clearing Corp (DTCC). If successful, the Paxos system will be one of the first blockchain implementations deployed in the U.S. stock market...
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The Xi Effect: China To Invest Over $2 Billion On Blockchain In 2023

The Chinese involvement with blockchain is set to increase even further. According to a recent report, the giant country will increase its blockchain investments, which are expected to surpass $2 billion in 2023. The news may not come as a surprise as the total interest in China has risen after President Xi’s endorsement a few...
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Samsung, LG And Hyundai Tap Into “Consortium-Type” Blockchain Network

Eleven South Korean companies including Samsung, LG And Hyundai are in the blockchain news today for teaming up and taking a new government-backed initiative for a “consortium type” blockchain network which will allow citizens to ditch paper-based certificates, employee ID cards, degree certificates, insurance claims documents and more in favor of a new mobile-based blockchain solution....
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Blockchain Driver Licenses On Mobiles Introduced In South Korea

South Koreans will soon start showing their blockchain driver licenses directly via their smartphones, according to a new move which is featured in the blockchain news today. This will put South Korea in the forefront when it comes to the adoption of this technology – and allow it to make use of a unique blockchain...
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Blockchain Is A New Frontier In Many Industries: Top Executives

The latest cryptocurrency news bring up the topic of blockchain technology. There are mixed indicators regarding the current progress of stalling of adoption right now. As the updates show, blockchain is a new frontier in many industries and that its adoption is getting real every single day. To back up the statement above, we will...
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