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[KCN.Channel]

Nasdaq and SEB Group to trial blockchain

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The financial alliance to trial blockchain. As informed by Swedish Dagens Industri, Nasdaq and Sweden-based SEB financial group are testing the technology for operation of professional investment funds. For a simplification of operations in the stock market, the companies have already developed a prototype of the platform allowing all the market players to share the ınformatıon on transactıons ın blockchain. According to Göran Fors, acting head of SEB Investor Services, the company will together with Nasdaq continue to develop the technology and they are also open for collaboration with additional interested parties, because they are striving for developing a uniform market infrastructure. As stated by Magnus Haglind, COO of Global Commodities within Nasdaq’s Global Trading and Market Services, Investment Market is the perfect place to integrate blockchain, and its application will make the industry more efficient. The particular time of the launch of the platform hasn’t yet been announced.

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[KCN.Channel]

Royal Bank of Canada uses blockchain technology to make payments

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To implement payments between banks of Canada and the United States, the technology of blockchain will be used. According to The Cointelegraph, Canada's largest bank Royal Bank of Canada (RBC) led this pilot project. As the Executive Vice-President of RBC on innovation and technology says, the use of blockchain technology will help to speed and simplify the processing of payments and even reduce the cost of their maintenance. The system was developed during the last six months in Toronto, and based on an open source solution developed by the Hyperledger interindustry consortium. To date, the technology already duplicates the main RBC registry, which helps the bank track payments between the US and Canada.

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[KCN.Channel]

Japanese banks want to issue digital currency J-Coin

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Japanese banks are considering the possibility of issuing J-Coin cryptocurrency. With the approval of financial regulators, J-Coin want to release before the Olympic Games in 2020 in Tokyo, to stop using cash as payment, cites Cointelegraph. This is due to the fact that from 50.75% of the world market share Japan has become the largest market for bitcoins exchange. In addition, in the country, cash transactions cost more than digital transactions. Note also, that J-Coin will not replace the yen - the coin will be exchanged in a "one-to-one" ratio. It is assumed that the cryptocurrency will be released in the coming years, although the infrastructure of the system is not yet clear, it can be based on the blockchain system.

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[KCN.Channel]

Sharps Pixley will accept payments in bitcoins

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London gold dealer Sharps Pixley will take bitcoins as payment. As reported by The Cointelegraph, Sharps Pixley will take Bitcoins through a payment processor Bitpay, which will help them avoid the risk of fluctuations in the price of cryptocurrency. The CEO of Sharps Pixley Ross Norman noted that: "It is our view that many investors in Bitcoin would like the option of holding intrinsic value in a traditional safe haven asset like gold; and be able to switch across in a simple and cost effective way. That avenue is now open to them. " Despite the fact that today bitcoin can already be called digital gold, it still has a long way to go before it rivals the precious metal as a safe long-term investment.

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[KCN.Channel]

Virginia startup is granted by the U.S. Department of Homeland Security

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A blockchaın-startup was awarded with a grant from the U.S. Department of Homeland Security (DHS).  As informed by Coindesk referring DHS press-release, DigitalBazaar got about $700,000 grant via Small Business Innovation Program (SBIR). Of note, since 2016 the SBIR has already granted the startup for the third time, and the figures added up to a total of a mıllıon dollars. As stated by Doughlas Maughan, director of the department's Cyber Security Division, the project is supposed to implement the blockchain potential to reform identifying online and accessing the internet.

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[KCN.Channel]

Ukrainian Blockchain Day conference will be held in Kyiv

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The conference Ukrainian Blockchain Day will be held in Kyiv. According to the official site, the event will take place on October 30 and will be devoted to the theme of the blockchain. Organizes the conference CryptoBand, and the headliner of the project iss former vice president of JP Morgan Tone Vays. The press release of the event notes: "This is not a boring meeting. This is a community platform for everyone who is ready to openly share knowledge about blockchain-technologies and build a new future today. " There will be 10 speakers, with various topics, including: The Basics of Blockchain and the New Reality of Proof Of Space, Mining as a business and others.

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[KCN.Channel]

In Washington will take held a workshop series

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Information, analytics and philosophy. November 6 & 7 in Washington DC's National Press Club will hold a workshop series “The rise of blockchain digital money 2017”, organised by Fintech World. At the event will be talked about evolution of finance and about future of blockchain and cryptocurrencies. During the workshops, many topics will be touched upon. In particular, what is the future of the cryptocurrency and what is bitcoin a commodity or currency . According to the organizers on the official website, registration for the event can be held directly before his start at the National Press Club of Washington.

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[KCN.Channel]

The Byzantium hardfork forms the queue in Ethereum

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Ethereum transactions will be stopped due to the hard fork. On Monday, October 16, in the network Ethereum took place a hard fork Byzantium. It made a number of changes to the Ethereum blockchain, including: reducing the reward for the block from 5 to 3 ETH and others. According to blog openledger.info information, all who want to proceed with Ethereum deposit or withdrawal need to wait, because gateway will be temporarily unavailable due the hard fork. As soon as everything is solved, gateway will be turned on back. How soon the problem will be solved yet it's not clear.

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[KCN.Channel]

Quote from the HostCoin White Paper

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“To рurсhаѕе thе nеw hоѕtіng service оn thе blockchain, all customers will use Hostcoin for all purchases and subscriptions.”

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[KCN.Channel]

Authenticity of ship certificates will be checked with the help of a blockсhain

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Deloitte will verify the authenticity of ship certificates based on the blockchain technology. Deloitte, which cooperates with Norwegian-based international accredited registrar and classification society DNV GL, companies certify that vessels and offshore structures meet acceptable standards for safety and environmental impact. But, the certificates they issue can be forged, potentially undermining trust in the system. According to CoinDesk, therefore, the companies announced the creation of a digital ID for each certificate, which will be stored in a private blockchain. Such a digitized approach, according to company managers, should prevent fraud and forgery of certificates. In addition, such innovations should make it easier for consumers to verify the authenticity of the certificate. We should say, that the solution was officially deployed September 23, with 90,000 certificates currently on the private blockchain.

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[KCN.Channel]

EmCash - Dubai's own cryptocurrency

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City authorities in Dubai launched their own cryptocurrency. The currency was called emCash, and you can use it to pay for government and other services. According to Deputy General Director for Economics of Dubai Ali Ibrahim, the token will be considered a legitimate means of payment "for various government and non-public services, from their daily coffee, to utilities and money transfers", as reported by The Cointelegraph. It should be noted, that the blockchain is widely distributed in the country, and Dubai seeks to become the financial and technological center for the eastern world.

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[KCN.Channel]

ETX Capital Begins Trading in Bitcoin

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London forex-company ETX Capital announced the beginning of trading bitcoins. This company reported on its page on Twitter. Such a decision in ETX Capital was made because of the desire of users to earn on the growing trend for the crypto currency. To trade bitcoins on the ETX Capital site, traders will be able to bet on a spread or enter into a price differential contract with the help of a trader or mobile version of the Traderpro application. "The addition of bitcoin to our extensive database, which works with more than 5000 markets, is one of the constant steps we take to introduce new products and innovative technologies that create more opportunities for trading our customers. In the coming months there will be more innovations, "- said the head of ETX Capital Andrew Edwards.

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[KCN.Channel]

DOVU project review the ICO results

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The ICO DOVU project ended On October 17th. Tokens will be transferred on pre-sale participants’ wallets automatically from Friday 27th. Also they will be contacted via email during the week, DOVU authors promise. The project is promises to enable seamless transaction of mobility data between consumers and mobility services and to build a first circular economy. In an interview with KCNews CEO and Founder of the DOVU project Irfon Watkins note, that for ICO, started on October 3 and spilled 2 weeks, his team offered 300.000.000 tokens to the market. “ The coverage that’s getting been very strong, and I think the token distribution through to community will be very positive.” - said CEO. Analytics on the token sale process developers promise to post later this week.

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[KCN.Channel]

Gibraltar develops "additional" ICO rules

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Gibraltar Financial Services Commission (GFSC) will incorporate the ICO rules into its "new regulatory framework". It should come into force in January 2018. GFSC says that to date the ICO industry requires regulation by the state, as Bitcoin.com informs. In addition, the commission said that "tokens are securities," which means that the state will seek to regulate them. It should be noted, that the government of Gibraltar is taking steps to develop permissive rules for crypto currency since 2016.

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[KCN.Channel]

Goldman Sachs will enable investors to invest in Bitcoin directly

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Goldman Sachs Bank is mulling allowing its investors to trade in Bitcoin directly. Goldman will open a new market for investors, which will make it the first leading company on Wall Street that has opened access to its investors for the rapidly growing market of cryptocurrency. “In response to client interest in digital currencies we are exploring how to serve them in thai space,” said a spokesman of the Bank. But in spite of the fact that this news can lead to a rapid legitimization of the cryptocurrency space, it also enables state bodies to study cryptoworld more closely, cites Cointelegraph. So already the Federal Reserve has indicated that it is studying cryptocurrencies more in depth, and the SEC has filed regulatory rules regarding ICOs.

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