Head of the IMF Suggests Countries Issue Their Own Cryptocurrencies
By: Melanie Clay on Nov 17, 2018
Christine Lagarde, head of the International Monetary Fund (IMF), said governments should consider a central bank digital currency (CBDCs) to prevent fraud and improve financial services in both developed and developing countries. Lagarde, speaking at the Singapore Fintech Festival this week, said banks should work to create digital cash systems to keep up with private digital finance … Continued
The Canadian parliamentary finance committee, after conducting a review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), recommended three ways the Canadian government should monitor and regulate cryptocurrencies. While conducting the review, which began in February 2018, the finance committee held 18 meetings and heard testimony from 70 expert witnesses. The … Continued
What if I told you the biggest innovation of the 21st century wouldn’t be Artificial General Intelligence, genetically engineering humans, or connecting our consciousness with a brain-computer interface to live forever, but instead… a digital chain of blocks. You probably wouldn’t believe me, and that’s why I’m not going to claim that! Instead, I’m going to … Continued
Next year could be another exciting one for blockchain as many projects mature and focus on interoperability. In 2019, the technology under development may see implementation across business and consumer technology stacks. Blockchain and cryptocurrency investors have had a year likely full of concerns over token price performance. Many are ready to see their investments, … Continued
So, you’ve heard that your favorite band is coming to a city near you. Your search for the event online begins, find a seller, buy the ticket, and an e-ticket is sent to your inbox. Thinking ahead, you purchased two e-tickets so that you can bring a friend too. We’re all set to go to … Continued
A new survey of 2,000 Canadian’s by comparison website Finder shows cryptocurrency use is increasing in Canada. It also reveals an opportunity for cryptocurrency proponents to convert a large proportion of Canadians who don’t yet understand the nascent industry. Increasing cryptocurrency use in Canada Finder found 16.55 percent of respondents had purchased cryptocurrency. If this statistic … Continued
At Devcon 4, Ethereum revealed its plans to achieve Ethereum 2.0, an essential evolution if the blockchain is going to maintain its lead in the space. Devcon is the annual Ethereum conference for blockchain developers and researchers and often a forum for showcasing key developments for blockchain technology. This year’s Devcon 4 was held in … Continued
The third phase of Project Jasper, a project first initiated in February 2017 with partners including the Bank of Canada, recently demonstrated that securities can be cleared and settled using distributed ledger technology (DLT). Previous iterations of project Jasper have focused on the clearing and settlement of high-value interbank cash payments. The full Phase III report has now been released.
The North American Bitcoin Conference returns to Miami for Its seventh installment On the 17th and 18th of January, 2019, the entire Bitcoin and blockchain community will converge in Miami for a historical conference aimed at driving cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest … Continued
Interview with Michael Gord and his experience scaling MLG Blockchain from just himself to over 50 employees. I’ve known Michael Gord for a few months now, he’s one of people I’ve met while exploring the blockchain community in Toronto. Michael is a really funny person and has been incredibly supportive of young people like me looking for … Continued
For anyone that has considered cryptocurrency mining, then dismissed it as being a complex prospect or potentially requiring additional hardware, WinMiner is a breakthrough. Remote or cloud-based mining is on the rise and usually requires either the lease of a mining machine hosted by the cryptocurrency mining services provider, running a virtual private server with … Continued
By: Chanda Parashar, MLG Contributor This piece is part of a collaboration with MLG Blockchain Consulting, a leading global blockchain development and consulting firm headquartered in Toronto, Canada, with a distributed team across North America, Europe and Asia that is focused on building next generation applications using blockchain and smart contract technology. What is Extended Reality … Continued
Breaking down blockchain technology, and explaining it simply as possible. What if we could cure cancer, terraform mars, and triangulate the location of where Tupac was hiding all with one magical machine? Sounds too good to be true right, but really all you need is a blockchain… – Every media outlet that doesn’t understand blockchain … Continued
A year ago, one Bitcoin would have cost around $7,500 CAD. Two months later one Bitcoin was worth nearly $26,000 CAD. A year later, Bitcoin slumped to under $9,000 CAD. To say Bitcoin has experienced price volatility is an understatement. Amidst that boom and volatility, the world found out what a cryptocurrency is. During this … Continued
Blockchain technology continues to receive praise and interest from financial institutions looking to better their services and improve global remittance. While the technology is not yet the global standard, Canadian champions like Tracy Molino are building the framework for a world where that may soon be the case. As part of a regular series, Coinsquare … Continued
The Canada Border Services Agency (CBSA) will pilot the TradeLens blockchain-enabled solution to track the flow of travellers and trade across the Canadian Border.
Blockchain powered decentralized application for P2P communication acquires significant user base, on track for mainstream adoption TORONTO — (October 26, 2018) — Skrumble Network (SKM), the world’s first public chain for decentralized communication-centric connections and financial transactions, today announced that Ally, its first decentralized application (dApp), has accumulated over 100,000 users, in turn becoming one … Continued
By: Aaron Grinhaus – Grinhaus Law Firm, Toronto Aaron Grinhaus, Lawyer at Grinhaus Law Firm, provides his thoughts on the approach to regulating cryptocurrencies in Canada and discusses the impact that social discourse and the increased activity by regulators in this area is having on the industry. In Canada, as in other jurisdictions, the approach … Continued
Integration will allow Dash Wallet users to buy and sell Dash directly from the wallet with Visa and Mastercard, or directly from a bank account in the United States and European Union PRESS RELEASE: Las Vegas, NV — October 23, 2018 — Dash, the leading cryptocurrency for payments and e-commerce, has announced that Uphold, the leading digital money platform, … Continued
The legality of sports betting has long been contested both in the US and across the globe. But with the May 14th ruling in favour of legalizing sports betting in the US, things are about to change.
how do you protect your dapps from being compromised? Jay Schwerberg, Director of Engineering at Hosho shared his insights. Mr. Schwerberg is a seasoned cybersecurity veteran with extensive experience in the lotto & gaming industry.
Cryptocurrency maximalists herald the dawn of a new economy with respect to the role digital assets like Bitcoin will play in reshaping finance at large. Some argue that transactions made possible through the use of blockchain technology will uproot fiat money and transplant a crypto-based payment scheme in its place. This idea is not too … Continued
A Tel Aviv, Israel-based startup called ClanPlay has raised the equivalent of approximately $2.5 million CAD in venture funding to develop a platform to reward gamers that will use the Aion blockchain.
By: Chanda Parashar, MLG Contributor This piece is part of a collaboration with MLG Blockchain Consulting, a leading global blockchain development and consulting firm headquartered in Toronto, Canada, with a distributed team across North America, Europe and Asia that is focused on building next generation applications using blockchain and smart contract technology. “Automation has been at … Continued
Toronto, CANADA; September 4th, 2018 – The Blockchain Research Institute today welcomed over ten new members, bringing the total membership to nearly 70 leaders in enterprise, government and blockchain technology. New members include Cisco, ExxonMobil, Intuit, JumpStart, Procter & Gamble, Reliance Industries, and Tata Consultancy Services. Also included are a number of Blockchain Pioneers, a membership category dedicated to … Continued
A white paper published by the World Economic Forum, in collaboration with global consulting firm Bain & Company, found that blockchain’s distributed ledger technologies (DLT) and other “fourth industrial revolution” technologies offer new efficiencies to SME’s and emerging markets involved in global trade. These improvements in efficiencies could lead to a $1 trillion dollar improvement … Continued
Watersheds, or water catchment areas, supply vital fresh water supplies which are both important parts of our environmental ecosystem and sources of our eventual fresh drinking water. The Royal Bank of Canada (RBC) and the World Wildlife Fund (WWF) Canada are supporting a blockchain project that could help to protect valuable water resources. WWF Canada’s … Continued
Every day, more cryptocurrencies arrive on the scene, boasting new approaches, new purposes, and new associations with companies (chiefly through ICOs) and assets alike. But if you’re sensibly risk-averse and looking to move your business into the cryptocurrency game without taking too large a gamble, the closest things to a safe bet are Bitcoin and … Continued
Members of the Cryptocanucks community gain exclusive access to The CBlock One, launching today in Canada and available online at CBlocks.io.
Presearch is an open, decentralized search engine that rewards community members with Presearch Tokens for their usage, contribution to, and promotion of the platform. In a world where one company controls 77% of all searches, influencing trillions of dollars in spending, shaping perceptions and effectively acting as the primary gatekeeper to the Internet, a new, open … Continued