Three Top Industries that Will be Transformed by Blockchain Technology

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Blockchain technology has quickly found its way into major industries. Financial institutions like the NASDAQ, Mastercard, and even Visa find it beneficial.  That’s because digital ledgers can help decentralize the banking industry and provide faster transactions. Better yet, with cryptocurrency, there are no central banks. For example, drug companies can now keep track of supply … Continue reading “Three Top Industries that Will be Transformed by Blockchain Technology”

Cryptos Not Valid Currency Says Indian Central Bank in Court

Posted on Categories Banking, Bitcoin, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, Law, News, RegulationsTags , , , , , , , Leave a comment on Cryptos Not Valid Currency Says Indian Central Bank in Court

According to the RBI, (Reserve Bank of India) the country cannot recognize cryptocurrency. These were the views of India’s Central Bank during a hearing before the Supreme Court on Wednesday regarding cryptos. The Case surrounding Cryptos A number of exchanges initiated the case against the RBI. This followed after the bank blocked their access to … Continue reading “Cryptos Not Valid Currency Says Indian Central Bank in Court”

Rocket Lawyer Fast Tracking Launch of Blockchain Legal Contracts

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Digital legal services company, Rocket Lawyer just partnered with ConsenSys and OpenLaw to accelerate the distribution of a Rocket Wallet. This will assist Rocket Lawyer with trusted, blockchain-enabled contract execution. With ConsenSys, Rocket Lawyer can create smarter transactions that are managed by a network, rather than a central authority. By doing so, Rocket Lawyer hopes to limit … Continue reading “Rocket Lawyer Fast Tracking Launch of Blockchain Legal Contracts”

Blockchain Bills being Sent to California Governor Jerry Brown

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Blockchain and cryptocurrencies are making big headlines in California. For example, in August 2018, a judge allowed a defendant to pay his $750,000 bail with “Bitcoin or any cryptocurrency.”  In April 2018, a 16-year-old girl sold her cryptocurrency tracking app to a state-based investment firm. Most noteworthy, California legislators have taken notice As a matter … Continue reading “Blockchain Bills being Sent to California Governor Jerry Brown”

Cryptocurrency Ban In India: Hearings Resume Today

Posted on Categories Cryptocurrency, General, LawTags , , , , Leave a comment on Cryptocurrency Ban In India: Hearings Resume Today

Starting on a lighter note, Asian superpowers India and China have become theaters of cryptocurrency-fraud drama of sorts. As it stands, it’s near impossible to say which one of the two countries is most entertaining to the world. Essentially, there are frequent cases of cryptocurrency-related frauds, prompting their governments to take decisive positions. While China … Continue reading “Cryptocurrency Ban In India: Hearings Resume Today”