LG CNS, based in South Korea and serving in the information technology field, has started a new service which based on Blockchain technology. The BlockChain platform, which LG CNS launches under the name of 'Monachain', offers Blockchain-based logistics in the fields of finance, manufacturing and...

Axel Weber, the chairman of UBS, said they are not providing any services to customers for trading Bitcoin or other cryptocurrencies in general. Weeber also said in a conversation in Switzerland that cryptocurrencies are “often not transparent” and they can be exploited, therefore, there should...

Kevin Warsh, former governor of the US Federal Reserve Bank, thinks that a possible 'FedCoin' production, which will transfer legal actions to a digital coin, should be seriously considered. Kevin Warsh managed the Fed from 2006 until 2011. When Trump administration appointed Jerome Powell to the Fed, Warsh was...

The results of the recent survey by the well-known research firm Gartner revealed some interesting facts. While 66 percent of CIOs working in various companies are aware of Blockchain technology, the CIOs who want to integrate Blockchain technology into their business are reported to be only 22 percent. 14% of the 3138 CIOs who participated in...

Rise in Blockchain technology adoption: Conventional banks are increasingly adopting blockchain technology in their international payment systems. By far J.P. Morgan has been able to create the largest blockchain network for global payments solution. The bank has also announced that Royal Bank of Canada and...

Blockchain and the Fintech Industries: Have you heard the word cryptocurrency recently? If not you surely would have heard of bitcoin, or ethereum and another well-known cryptocurrency. Cryptocurrencies are based primarily on the blockchain. Other technologies and even some established organizations have delved a...