Coinfirm.io opens the first Blockchain Lab in Central Europe
The Blockchain startup officially opened the doors of their lab to partners during their monthly Warsaw Block event. Warsaw, Poland, London, UK: Coinfirm has launched their lab as the go-to hub for blockchain technology development, research and collaboration in the region. The first in the history of CE, the Coinfirm Block Lab as it is called provides the opportunity for financial, regulatory and educational institutions to participate in the development of the revolution that blockchain will create. The lab also serves as an ecosystem connecting members with top talent, startups, partners and investors from around the world and is already partnered with multiple financial institutions
BITCOIN / BLOCKCHAIN: Are we ready for the revolution that is Assets-Value-over-IP?
Assets Value over Internet Protocol (AVoIP) is a methodology and group of technologies for the delivery of value together with assets over Internet Protocol (IP) networks, such as the Bitcoin, Ripple, Litecoin, Blockchain and Ethereum. AVoIP assists with payments, security and encryption and can be used for transactions, securing ownership of assets (e.g. music, land), transparency over assets (e.g. clothing cannot be counterfeited) or smart contracts. Currently we can assess the following characteristics for AVoIP: P2P payments – transfer of value between members of network Encryption – all messages, payments are encrypted and cannot be hacked Security – information is
Polish government considering Blockchain
The National Ministry of Digital Affairs in Poland has published a letter saying that it is considering blockchain and the FinTech industry to digitize the government. Bitcoin was listed together with the IoT (InternetofThings) as "unicorn" tech that speeds up digital development. However, it can also entail A LOT of unknown threats. Created in early 2015 - the new - Ministry of Digital Affairs has a mission to create a great digital boost and impact on the development of Poland as a country and "a haven for investors and new companies". In the statement, Anna Streżyńska - Minister of Digital Affairs of Poland said that these emerging opportunities must be studied an
Davos, The IMF and Bitcoin. Will Digital Currencies replace the current fiat system?
Some good news for Blockchain and Bitcoin came out of Davos. The IMF has published a report “Virtual Currencies and Beyond: Initial Considerations” which describes the possibilities around Digital Currencies and provides some insight into the technology and history of Bitcoin from an economic and legal perspective. This includes a regulatory recommendation that is crucial for Blockchain AML and Bitcoin adoption worldwide. The Managing Director of the IMF – Christine Lagarde has presented the report on DCs at one of the biggest and exclusive economic events – the famous World Economic Forum which invites the most prominent politicians, businessmen and journalists from all over
Is Honduras ready for Factom yet?
Factom - the Land Registry on Blockchain Factom offers record keeping services related to land registry. Many people in Honduras are facing difficulties in securing their land title projects. That’s why they are looking for a provider that can help them. Rumor arise about the controversy between the government of Honduras and Factom. The controversy is about the way of securing the land title records in the Central American nation. This method has been made possible and it is also been used by the proponents of Blockchain technology, but the government officials of Honduras remain silent about the issue. According to Peter Kirby, the CEO of Factom, the officials of Honduras knew abou
Goldman Sachs on Blockchain and Bitcoin
One of the biggest and most important investment banks - Goldman Sachs has published a report "Blockchain is Ready For Centre Stage" which is very positive and promising for the implementation of Digital Currencies and "DLT" technologies. Author of this paper - Robert Boroujerdi states that the decentralized nature is the major advantage of the blockchain over current financial data storage systems. According to him - Bitcoin network is able to operate more efficiently, at lower costs and with higher level of security. “This decentralized, cryptography-based solution cuts out the middle man. It has the potential to redefine transactions and the back office of a multitude of differ