Blockchain tech company debuts digital currency tax software

Node40, a blockchain infrastructure hosting service, has built a software product that allows digital currency users in the U.S. to properly report their gains for tax purposes. Node40 Balance, available now for dash users and later this year for bitcoin...

Scotiabank, AlphaPoint announce successful blockchain trial

Scotiabank and AlphaPoint, a financial services infrastructure firm specializing in blockchain technology, have completed a successful proof of technology of the AlphaPoint distributed ledger platform, a press release announced. The AlphaPoint platform enables firms to digitize financial instruments on its...

In 1 month, 14 new West Coast installations for bitcoin ATM deployer

The Coinsource bitcoin ATM network has added 14 new machines in California this month, marking its largest multimachine installation in any area, the company announced in a press release. In 2016, the bitcoin ATM deployer added an average of 1.2...

IBM blockchain partnership aims to shape up shipping logistics

IBM and Maersk, a transport and logistics provider, have collaborated on a blockchain solution intended to transform the global cross-border supply chain. The blockchain solution, based on the Linux Foundation's open-source Hyperledger Fabric, will help shipping and logistics companies manage...

Hong Kong company to leverage blockchain tech

Loyyal, a blockchain network for the loyalty and rewards industry, has acquired the Hong Kong-based data brokering company Quidam Ltd. as a client. Quidam will run several pilots on the Loyyal platform to test blockchain tech for its services, according...

Volante Technologies now supports Microservices Architecture

Volante Technologies Inc., a financial messages and payments technology company, has announced that its solution Volante Designer 5.2 now supports Microservices Architecture and Swift Standards Release 2017. Volante built Designer to provide the tools needed to create a microservices architecture,...

Blockchain innovation inspires rebranding of Virtual Currency Today

Blockchain Tech News will cover industry developments and trends while serving as a forum for experts in the field.

Alliance formed to support Ethereum as enterprise-grade technology

Companies involved in blockchain development and trials have formed an alliance to build, promote and broadly support Ethereum-based technology best practices, standards and an EntEth 1.0 reference architecture. The Enterprise Ethereum Alliance seeks to enable Ethereum to serve as an...

Launch planned for 1st bank serving crypto business

Polybius Foundation has announced the opening of Polybius Bank, which the foundation described as the first European bank specializing in financial services for companies that deal with cryptocurrencies and blockchain. Polybius Bank will provide traditional banking services to individuals and...

Dash joins Bitfinex digital asset exchange

Dash, an alternative to bitcoin, has been added to the Bitfinex digital asset exchange. The platform addition came into effect at 1 p.m.

Dash partners with Wall of Coins to let users exchange crypto for cash at banks

Dash, a virtual currency, has partnered with Wall of Coins to allow people to buy and sell bitcoin and Dash from a nearby bank or financial services branch, according to a press release. Users will be able to exchange the...

Study evaluates potential of blockchain for financial services providers

Corporate Insight, a research and consulting firm serving financial services providers, has published a study examining the current state of blockchain in financial services and its potential impact on the industry, according to a press release. "Blockchain Solutions and the...

Newly minted association aims to build global blockchain, cryptographic ecosystems

A new organization — Crypto Valley Association — was launched this week in Zug, Switzerland with a charter to support the development of blockchain- and cryptographic-related technologies and businesses. An announcement introducing the association, which is headquartered in the Swiss...

Blockchain application revenue to approach $20B by 2025

The annual revenue of blockchain enterprise applications is expected to increase from $2.5 billion globally to $19.9 billion by 2025. Companies, governments and other groups invested more than $1 billion into blockchain technology last year, according to a report by...

Blockchain Intelligence Group launches tool to help fight bitcoin-related crime

The Blockchain Intelligence Group has launched Qlue version Codename Deep Cover, a tool to aid law enforcement professionals around the world in the fight against financial crimes involving bitcoin, according to a BIG press release. Qlue incorporates various techniques and...

Blockchain-based wallets provide payment solutions for EV charging stations

Clean technology company Oxygen Initiative is kicking off its second year of partnership and investment with German energy company, innogy SE, by priming the U.S. market to adopt blockchain-backed electronic wallets for drivers, according to a press release. Using an...

European Union anti-money laundering rules to cover virtual currency under proposed amendments

Amendments have been proposed to the European Union anti-money laundering law that place virtual currencies under the same obligations as other types of payments, according to a press release from the European Parliament. The Economic and Monetary Affairs and Civil...

Ethereum plans to replace mining with proof of stake

Ethereum plans to replace mining with a proof of stake model called Casper by the end of the year, according to Bloomberg. In order for Ethereum to realize the potential that companies like IBM, Microsoft and JPMorgan see in its...

Blockchain application platform Lisk introduces technology update

Lisk, a blockchain application platform, released version 0.6.0 to its main network after successfully completing its latest core development stage, according to a press release. The Lisk platform will now run on the latest LTS Node.JS 6.9 release tree.  "This announcement marks a major update for our core software.

What’s behind bitcoin’s all-time record high?

Bitcoin is trading at an all-time high for the first time in more than three years. A single coin went for as much as $1,206.60 on Friday, according to the CoinDesk Bitcoin Price Index, surpassing the previous high of $1,165.89...

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