Austria’s Biggest Utility Company to Test Blockchain Energy Trading

Wien Energie, Austria’s largest regional energy company, is joining a group of others from the industry to participate in a blockchain pilot with the aim to cut down costs related to energy trading. The energy giant will use Canadian blockchain firm BTL’s proprietary Interbit platform. Launched in early 2016, Interbit is a multi-chain remittance platform based on distributed ledger technology...

Bank of England Explores Blockchain, Says Digital Currency is Far Off

In a transcript of a cancelled speech released online today, Bank of England Governor Mark Carney cited a “central bank digital currency” as a development that could result from its ongoing distributed ledger proof-of-concepts. The remarks come as global central banks begin to experiment openly with distributed ledgers, a technology inspired by the decentralized, public ledgers used...

Is Bank of America Trying To Monopolize The Blockchain?

In addition to the previous 15 blockchain patents filed, Bank of America is now trying to patent some of the uses of the Bitcoin technology, writing a draft of 20 more patents to be sent to the U.S. Patents and Trademark Office by the end of this month. So, it seems Bank of America is trying to take control over the Blockchain by getting 100% of the patents covering Blockchain technology.  And...

Meet the Ex-Banker Using Ethereum to Take On Traditional Hedge Funds

In the world of hedge funds, the old adage really is true: you have to have money to make money. The barrier to entry for an individual investor is frequently $500,000, with portfolio managers themselves needing as much as $200m just to get started. But the potential rewards are equally large. It was a tough lesson to learn for Mona El Isa, a former Goldman Sachs vice president, who after being...

Category - Crypto Politics