A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID

A Blockchain RegTech Solution to the World’s $200 Billion a year Identity Verification Crisis: Introducing Velix.ID Bitcoin Press Release:Blockchain RegTech Solution RegTech Startup Velix.ID are building a blockchain platform to ease the processes of identity verification and sharing across business and consumer markets globally. January 15th 2018, Singapore, Malaysia – In the fast-moving 21st century with… Please follow and like us:

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Jamie Dimon predicts 4% GDP growth, retracts Bitcoin fraud charge

J.P. Morgan boss Jamie Dimon also regrets calling ‘bitcoin’ a fraud By Mike “Mish” Shedlock JPMorgan CEO Jamie Dimon is in the news twice Monday morning, once regarding GDP and once for a Bitcoin retraction. Jamie Dimon claims JP Morgan’s chief economist is wrong about the economy: Dimon Predicts 4% Growth. Dimon said he expects the… Please follow and like us:

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Inflows Into Nearly Every Asset Class In 2017 – 2018 Warm Up Act?

Although the overarching story of global markets in 2017 was subdued volatility, overall there were net inflows almost entirely across the board – with global equity mutual funds/ETFs (US$281bn), bond funds (US$346bn), global money markets (US$145bn) and commodities (US$8.6bn) recording increases. Investors poured record net inflows of over $620bn into global equity mutual funds/ETFs and bond… Please follow and like us:

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Cryptocurrency ICOs Must Stop Flying Blind On Money-Laundering Risks

Companies have raised as much as $4 billion this year through token crowd sales, or Initial Coin Offerings, a new mechanism that many startups using blockchain technology in some way have used to bypass traditional venture capital funding routes. That is a lot of money flowing to entities to fund their ideas and develop their products.… Please follow and like us:

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2017: The year the bitcoin craze reached Wall Street

Bitcoin burst out of the shadows in 2017, seducing Wall Street and individual investors alike even though many still struggle to understand precisely what it is. The cryptocurrency’s rise is also pushing regulators to consider taking action after years of simply urging caution. Bitcoin started the year at $1,000 per unit in January but by mid-December… Please follow and like us:

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Bitcoin rises in debut as SEC warns on digital money

Bitcoin experienced some big swings but finished higher in its debut on a major exchange Monday, while a leading US securities regulator warned investors about the risks of cryptocurrencies. Bitcoin futures for January delivery finished at $18,850.00 near 2115 GMT on its first full day of trading, a bit below session peaks but soaring well past… Please follow and like us:

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The Bitcoin Bubble – How We Know It Will Burst

In the last year, the price of Bitcoin has increased from less than US$800 to more than US$12,000. This huge spike in value has many asking if it is a bubble or if the high price today is here to stay. Finance defines a bubble as a situation where the price of an asset diverges systematically… Please follow and like us:

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Could Bitcoin Be Worth $1 Million By 2027?

This year has been a big one for digital currencies, with the total market cap for bitcoin and altcoins jumping 20 times in price in 2018 — from $18 billion in January to over $111 billion in June to $360 billion in December. This huge market cap jump drew the attention of mainstream media to cryptocurrencies.… Please follow and like us:

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US State Department Explores Blockchain Tools

The U.S. State Department is exploring how blockchain technology could simplify all kinds of bureaucracy. “We’re interested to learn whether blockchain technology can have direct applications to many of the key features of our proposed redesign,” U.S. Deputy Secretary of State John Sullivan said Tuesday at a blockchain forum in Washington D.C., according to CoinDesk. Secretary… Please follow and like us:

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JPMorgan CEO Jamie Dimon: Bitcoin Is ‘Fraud’

JPMorgan Chase & Co. CEO Jamie Dimon predicts government officials will shut down cryptocurrencies such as bitcoin after someone “gets killed,” adding that he would fire any “stupid” employee if they’re found to be trading bitcoin. JPMorgan’s Chief Executive Officer, who previously served on the Board of Directors of the Federal Reserve Bank in New York,… Please follow and like us:

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SegWit Ushers In The Future Of Bitcoin

It’s official: SegWit will be activated on the bitcoin network on Wednesday night. Bitcoin enthusiasts around the world are literally popping champagne and throwing parties to celebrate. This move ushers in a new era for cryptocurrency. “SegWit is actually something we’ve been waiting years for,” Elizabeth Stark, CEO and co-founder of Lightning Labs, told International Business… Please follow and like us:

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$25 Million Blockstack Fund Spearheads Decentralized Internet

Tech giants like Google and Facebook could soon be dethroned, knocked down from monarchs of the internet to well-funded public servants. How? Decentralization. Many of blockchain technology’s true believers already see the next reincarnation of the internet on the horizon: A decentralized web where direct peer-to-peer interactions, fueled by digital sovereignty, replace many of the business… Please follow and like us:

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Microsoft Announces New Blockchain Technology Framework

Microsoft announced this week it is working on one of the biggest blockchain innovations the private sector has ever seen: the first-of-its-kind Coco Framework for enterprise adoption of blockchain technology. The name Coco was inspired by the idea of a confidential consortium. If this thing works, we could see major corporations from almost every industry switching… Please follow and like us:

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