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The latest news surrounding all cryptocurrencies and technologies

KPMG to Canadian Companies: Now is the Time to Invest in Blockchain

Audit, tax, and advisory firm KPMG LLP said that blockchain adoption is on the rise and that Canadian companies should take advantage of the emerging technology. In a recent press release, KPMG said the “fog around blockchain” is lifting as more companies look to the technology to achieve faster and more secure transactions, improve efficiencies in … Continued


Overstock CEO Plans to Sell Retail Business to Focus on Blockchain

Despite market fluctuations, one famous CEO is demonstrating his confidence in blockchain and cryptocurrency. Overstock’s Patrick Byrne has announced he will sell the retail side of Overstock, focusing in instead on his blockchain company and investment division. Byrne was an early supporter of blockchain and cryptocurrency leading Overstock to become the first major online retailer … Continued


Air Canada Partners with Winding Tree to Test Blockchain Air Travel

Air Canada recently followed Air France, KLM, Lufthansa, and others to partner with blockchain startup Winding Tree and join its blockchain-based air travel marketplace. Air Canada is set to join a decentralized, open-source platform, for travel agents to make more direct travel arrangements for their clients. The new travel distribution platform will give travel agents … Continued


Four Ways to Use Blockchain in Your Everyday Life

For many, the first interaction with blockchain technology is an investment in cryptocurrency. While that may be the first use case, it’s far from the only one; blockchain technology is starting moving away from solely powering cryptocurrencies towards much wider use. Blockchain has the potential to one day underpin all the technology we use in … Continued


Head of the IMF Suggests Countries Issue Their Own Cryptocurrencies

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


Canadian Parliamentary Committee Calls for Cryptocurrency Regulation

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


Interoperability Key in Blockchain Roadmaps for 2019

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


New Survey of Finds Significant Amount of Canadians Interested in Crypto

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


Top Headlines from Devcon 4 Hosted In Prague

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


Bank of Canada Proves Blockchain Can Settle Equities in Project Jasper Phase III

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.