Can IBM's World Wire Be The Answer To Cryptocurrency Payments Or Do We Need More Options
2019-04-20 06:52:24 Discuss If cryptocurrencies were the flavour of 2017, and 2019 is all about enterprise blockchain usage, then it is also important to note the quiet amalgamation of these two that has been bubbling under: the institutionalised cross-border blockchain payment solution. Everyone knows that one of Bitcoins most significant assets is its borderless nature and that it can be used as a cross-border payment solution. However, the decentralized nature of Bitcoin has hamstrung its widespread adoption somewhat, and several companies have thus spotted a niche in the traditional market. First, there was Ripple, one of only three blockchain-first companies that was recently named in the Forbes Blockchain 50 list, that has made its mandate to partner with large and institutionalised financial institutions and banks. Ripple has, as of January this year, announced over 200 partnerships with well known financial institutions to offer cross-border payment solutions.
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Could Amazon Rival Rakuten Trigger The Next Bitcoin Bull Run
2019-04-18 06:23:28 Discuss Amazon rival Rakuten, a Japan-based online retailer which has been expanding around the world in recent years, has begun accepting registrations for its new bitcoin and cryptocurrency exchange, Rakuten Wallet'with bitcoin and cryptocurrency investors hoping other technology companies, such as U.S. online retail giant Amazon, will follow suit. Rakuten, a sprawling company with operations acrosse-commerce, online banking, media and communications, has shown interest in bitcoin and cryptocurrencies for some time, with the company saying last year "the role of cryptocurrency-based payments in e-commerce, offline retail and inpeer-to-peer payments will grow in the future."
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Coinbase And Visa Are Making XRP, Bitcoin, Ethereum, And Litecoin Payments A Reality
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Coinbase and Visa launch the Coinbase card, a Visa debit card which can be used to spend Coinbase bitcoin, ethereum, XRP, and litecoin balances
2019-04-10 19:39:37 Discuss Bitcoin and other major cryptocurrencies, including ethereum, Ripple's XRP, and litecoin, have long struggled against accusations they are harder to spend and use in the real world than their traditional fiat counterparts. The bitcoin price, which leaped higher last week to trade around $5,000 per bitcoin, has been called too unstable and volatile to be used as a means of payment, resulting in bitcoin and other cryptocurrencies being used more of a store of value, like gold, than traditional means-of-exchange currency. Now, major bitcoin and cryptocurrency exchange Coinbase has teamed up with global payments processor Visa to try to change that, launching the Coinbase Card which allows users to "spend crypto as effortlessly as the money in their bank."
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Lightning Network-Powered Bitcoin and Litecoin Exchange Sparkswap Goes Live With Public Beta
2019-04-08 11:42:27 Discuss During bitcoins massive price decline in 2018, one of the bright spots of the ecosystem was the development of the Lightning Network, which is effectively a secondary payments layer for Bitcoin with faster speeds and lower fees. Although it is still early days for Lightning, there are some signs that the protocol has already overtaken altcoins in terms of the payments use case. For example, the Lightning Network is more popular than any altcoin at online retailer Bitrefill. While most of the hype around Lightning has been focused on payments and microtransactions, the network may also have tremendous utility for cryptocurrency exchanges because it allows them to be non-custodial.
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Litecoin Has Climbed More Than 200% This Year
2019-04-05 15:02:43 Discuss Litecoin prices have rallied sharply this year, outperforming other major cryptocurrencies. Litecoin prices have tripled in 2019, climbing higher as the digital currency benefits from numerous tailwinds. The cryptocurrency, which is very similar to its digital sibling bitcoin, reached an annual high of$98.89 on April 3, CoinDesk price data reveals. At this point, the altcoin (a digital currency besides bitcoin) had gained almost 230% year-to-date (YTD), additional CoinDesk figures show. The cryptocurrency has pulled back since then, giving up some of its returns, but reached as much as$90.21 earlier today, still up more than 200% YTD.
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Forbes: Bitcoin Cash Has Nearly Doubled Since Monday
2019-04-03 17:59:48 Discuss Bitcoin cash has rallied this week,outperforming other top cryptocurrencies. Bitcoin cash has surged recently, climbing upwards of 100% since Monday morning and leaving other top cryptocurrencies in the dust. This digital currency, a fork of the original bitcoin, skyrocketed to $324.57 today,CoinDesk price datareveals. At this point, it was up roughly 94.4% from its Monday low of$166.93 and 102% year-to-date, additional CoinDesk figures show. In addition, the digital currency was trading at its highest point since roughly mid-November. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
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Cypherpunk Forefather David Chaum, On His Thoughts And Plans For 2019
2019-03-27 15:00:39 Discuss Cryptocurrencies like Bitcoin have made significant strides in the last decade, but the modern crypto industry has been distracted from fulfilling its primary ambition: accessible, fast, and inexpensive digital payments. Despite a market capitalization that numbers above $100 billion, cryptocurrency as a movement has produced no mainstream blockchain payment solutions that can offer these three vital criteria. Bitcoin is the culprit that most point to when they need to demonstrate the ineffectiveness of traditional blockchain-based ideas. At a sluggish seven transactions per second, Bitcoin wouldn't be able to support a mainstream application even if the average consumer was left with no other alternative.
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