Ifeanyi Nwaokorie

Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption

Author Ifeanyi NwaokoriePosted on Categories Bitcoin, Cryptocurrency, General, NewsTags , , , , Leave a comment on Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption

On Tuesday, Mohammed El-Erian, the financial services firm Allianz’s chief economic advisor, shared his thoughts on cryptocurrency. Basically, according to him, cryptocurrency will reach universality as part of the broader financial ecosystem. He was speaking at CoinDesk’s Consensus: Invest Conference. El-Erian reiterated his earlier position that Bitcoin is a “commodity” and not a “currency.” However, … Continue reading “Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption”

South Korea May be Using Blockchain-based Online Voting Shorlty

Author Ifeanyi NwaokoriePosted on Categories Blockchain, Crypto Technology, General, NewsTags , , , , , Leave a comment on South Korea May be Using Blockchain-based Online Voting Shorlty

If you think that blockchain-based online voting is not possible, you had better think again. True, this is because authorities in South Korea have renewed their determination to evolve the system. To this end, local authorities are looking to experiment with the blockchain in December. This trial is to ascertain the feasibility of reliable and … Continue reading “South Korea May be Using Blockchain-based Online Voting Shorlty”

NASDAQ and VanEck Team Up to Launch New Futures Contracts

Author Ifeanyi NwaokoriePosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, GeneralTags , , , , , Leave a comment on NASDAQ and VanEck Team Up to Launch New Futures Contracts

The leading traditional stock exchange market, NASDAQ, closed a deal with the investment management firm, VanEck. Basically, the deal will have the two partners forge a way of rolling out new crypto financial products including futures contracts. Gabor Gurbacs, the director of digital asset strategy at VanEck, announced the strategic partnership at CoinDesk’s Consensus: Invest … Continue reading “NASDAQ and VanEck Team Up to Launch New Futures Contracts”

It’s official: Ohio is First State to Accept Crypto for Tax Payments

Author Ifeanyi NwaokoriePosted on Categories Altcoin, Bitcoin, Crypto Technology, Cryptocurrency, General, NewsTags , , , , , Leave a comment on It’s official: Ohio is First State to Accept Crypto for Tax Payments

If you are in the United States, it will interest you to know that the U.S. state of Ohio has set a new crypto record. Indeed, Ohio announced that it will start collecting taxes in cryptocurrency. Basically, this means that the local authorities are beginning to come to terms with the fact that cryptocurrency is … Continue reading “It’s official: Ohio is First State to Accept Crypto for Tax Payments”

How Blockchain is Changing the Data Supply Chain

Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsTags , , Leave a comment on How Blockchain is Changing the Data Supply Chain

In a technological sense, the blockchain plays a pivotal role in the creation of trusted, immutable records of transactions. However, the downside is that this innovative technology has no place in collaborative ecosystem applications. Now, the question is, “How do we figure out what the blockchain really means to us?” Another question we will have to … Continue reading “How Blockchain is Changing the Data Supply Chain”

Ripple Chief Strategist Takes Aim at Bitcoin

Author Ifeanyi NwaokoriePosted on Categories Bitcoin, Business, Cryptocurrency, General, NewsTags , , , Leave a comment on Ripple Chief Strategist Takes Aim at Bitcoin

If there is a new marketing strategy the Ripple Labs team enjoys, it must be criticizing Bitcoin (BTC) to promote their XRP. Indeed, not too long ago, media reports say that Ripple CEO Brad Garlinghouse berated BTC just to promote XRP. The CEO, who spoke at Singapore FinTech Festival, called for a global framework for … Continue reading “Ripple Chief Strategist Takes Aim at Bitcoin”

Uganda is Set to Pass a Bill on Cryptocurrency Regulation

Author Ifeanyi NwaokoriePosted on Categories Bitcoin, Business, Cryptocurrency, General, News, Regulations, ScamTags , , , Leave a comment on Uganda is Set to Pass a Bill on Cryptocurrency Regulation

Uganda has become the latest home to cryptocurrency crimes of enormous proportions. Indeed, the Sub-Saharan African country now feels the impact of something that never mattered before now. Before now, crypto-related exit-scams were U.S., European and Asian challenges, but not anymore. According to local media reports, Bitcoin (BTC) is extremely popular in the country. As … Continue reading “Uganda is Set to Pass a Bill on Cryptocurrency Regulation”

What is Bakkt’s “Phase 2” All About?

Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, NewsTags , , , , , Leave a comment on What is Bakkt’s “Phase 2” All About?

Early last week, Bittpress reported that the Intercontinental Exchange (ICE)’s institutional platform, Bakkt, will launch in 2019. Despite the plan to extend its launch date, ICE is not reneging on the contract it has with other parties. Recently, ICE partnered with Software giant Microsoft and coffee chain Starbucks. According to the Daily Hodl, ICE will … Continue reading “What is Bakkt’s “Phase 2” All About?”

Swiss Railway Experiments with Blockchain Identities to Improve Safety

Author Ifeanyi NwaokoriePosted on Categories Blockchain, Business, Crypto Technology, General, NewsTags , , , , , , Leave a comment on Swiss Railway Experiments with Blockchain Identities to Improve Safety

The Swiss Federal Railway has finalized an experiment involving Proof-of-Concept (PoC) on their staff database. The project, which ran from May through November, aims to improve the existing manual system. By using a blockchain-driven audit-proof solution, the new system will enhance the safety within the work environment. Official comment Swiss Railway spokesperson, Danielle Pallecci, told … Continue reading “Swiss Railway Experiments with Blockchain Identities to Improve Safety”

Cryptocurrency Bear Market: What Comes Next?

Author Ifeanyi NwaokoriePosted on Categories Cryptocurrency, General, NewsTags , Leave a comment on Cryptocurrency Bear Market: What Comes Next?

In 2017, Bitcoin led a motley pack of other cryptos, which saw the alternative currencies reach record highs. These digital currencies hit average highs of 1,400%. After the New Year celebrations, the virtual currencies took a different direction. This time, they recorded an epic bust. But after a while, the dust began to settle. Obviously, the … Continue reading “Cryptocurrency Bear Market: What Comes Next?”