IBM and Bank of Tokyo-Mitsubishi UFJ inks deal for Blockchain Contract Management

Following some of the other japan advances, such as an internal bank coin, in Singapore at the Watson centre: SINGAPORE - 16 Sep 2016: IBM (NYSE: IBM) today announced it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to examine the design, management and execution of contracts among business partners using blockchain technologies. The two companies will begin by piloting blockchain to automate business transactions between the two companies. This is one of the first projects built on the Hyperledger Project fabric, an open-source blockchain…
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Steam finally bitcoins?

Someone has datamined some strings by steam to integrate bitcoin in some form via bitpay Bitcoins in Steam coming () submitted 20 hours ago * by Haoose bitcoin_authorization_explanation Bitcoin transactions are authorized through the BitPay website. Click the button below to open a new web browser to initiate the transaction. bitcoin_payment_tips_header Tips for Bitcoin customers bitcoin_payment_tips_text This process can take up to 60 seconds. To avoid purchasing failures, please do not hit your back button or close the bitpay window before the process is complete. checkout_payment_method_specific_note_bitcoin Note: Any…
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Singapore Blockchain Ledger in works by DBS and Stanchart

Trade finance has always been one possible application of irrevocability as a feature Standard Chartered Plc is working with DBS Group Holdings Ltd. on developing distributed ledger technology for trade finance in Singapore, in a bid to make such transactions simpler and more transparent. ... In pursuing the technology that underpins cryptocurrencies, including bitcoin, Standard Chartered and DBS are developing a new approach that could improve the trade finance business by speeding up banking transactions, while cutting costs and boosting transparency. This is the world’s first application of…
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Greece moves without cash, Entrepreneurs contemplate bitcoin

Mashable has an article on Greece, Money and Bitcoin, a place that harkens comparison to Cyprus two years past and brings to people's mind serious issues on the nature and characteristics of money. Much like Cyprus then, it has less to do with Cypriots themselves actually engaging in bitcoin activity but more of people around the world being alarmed at the turn of events and looking for ways to protect themselves. (Often Gold and Bitcoins) Greece is in a sense a closer problem to home for some in…
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Fred Wilson marvels at Bitcoin resilience

Fred Wilson has made a blog post () marveling at bitcoin's resilience and staying power. (He is a venture capitalist at Union Square ventures with notable hits;  Twitter, Tumblr, Foursquare, Bug Labs, Meetup, Zynga, Covestor, , Etsy: ) Resilience One of the things about Bitcoin that I’ve always been amazed by is its resilience. It goes up, it gets knocked down, but it hangs in there, and then it goes up again. It’s happening again now. It is unclear what is driving this recent move, maybe its Greece,…
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Epic Upheaval, China Collapse, Greek Referendum Exit nears, Bitcoin reflux and Litecoin goes on a bubble pop, Dogecoin rocks around

What a crazy week. First it started with Greek rumbling along with a successful Oxi! (No) referendum which sent bitcoin shooting up over the weekend, being the only overweekend market. China, with a correction long overdue, continued its slump to enter a digital bloodbath as the week opened, bringing their indexes like shanghai comp and hsi down 30%. China heaped defensive QE after defensive QE into capital controls, trading freezes and short bans, as the china market became a rout and people started fleeing. Also in china was…
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New Yorker details Marc Andressen

A very long piece but possibly a rare view into one half of Andressen Horowitz. And perhaps the future, and then booms and busts. Names within run from Peter Thiel to Sequoia to Balaji who has left Andressen for bitcoin pastures. It is quite the read, though its length does make it one for long commutes on the trains or planes.   Two decades ago, he was the animating spirit of Netscape, the Web browser that launched the Internet boom. He believes that tech products will soon erase…
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Singapore born ItBit becomes first USA licensed exchange!

They've also closed a 25m round in series A funding. You can see their press release at LOBAL BITCOIN EXCHANGE ITBIT TODAY STARTS ACCEPTING CUSTOMERS NATIONWIDE THROUGH NEW YORK STATE TRUST COMPANY CHARTER itBit also announces $25M Series A funding and the addition of three prominent board members New York - May 7, 2015 – Global bitcoin exchange itBit today announced it is available to all  retail and institutional bitcoin traders and will begin accepting customers immediately. Through a trust company charter, granted by the New York State Department…
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NYT goes to Argentina’s Bitcoin Ground Zero

New York Times recently issued a piece covering bitcoin's unique place in Argentina, a country wracked by hyperinflation and capital controls as well as vultures wrangling over sovereign debts and defaults. They follow a "moneychanger" of bitcoin, through the times, the highs and the lows as well as venture funds tied to Argentina. You can see the use cases in a currency where fiat has come close to mere toilet paper, as well as the financial proximity to Venezuela where toilet paper has become indeed valuable. It starts…
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Bitcoin: 158MikZVM8yQviLcvxu1aahTysSxDUaePr
Dogecoin: DRCm4QFStzSKRsPMk6EE1VCJGE78BGZWnn