Month: January 2018

Denmark Unions Threaten Legal Action

Danish finance and workers’ rights figures have threatened legal action against major bank Nordea after it announced this week that it will ban its employees from owning Bitcoin by Feb. 28.

Speaking to local radio station Danmarks Radio (DK), Danish Financial Federation chairman Kent Petersen joined DJØF Union consultant Niels Mosegaard in condemning Nordea’s move, which came to light Monday.

Nordea is Scandinavia’s largest bank, meaning the legislation will cause 31,500 people to…

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Top Blockchain Startups to Watch in 2018

The more blockchain-based startups there are, the more difficult it can be to separate out the ones that truly stand out. Essentially, every startup harnessing this powerful new technology aspires to transform the everyday world in some way or another. It’s only natural that some will be more successful at achieving this goal than others will be. (See also: 4 Blockchain Contenders in Competition with Ethereum.)

Although these startups tend to publish detailed whitepapers, these…

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Danish Bitcoin Pioneer Ronny Boesing Behind Crypto Startup OpenLedger

COPENHAGEN, Denmark, Jan. 13, 2018 /PRNewswire/ — Danish blockchain pioneer Ronny Boesing went from selling CDs to having his own cryptocurrency exchange in 2014. Now cryptocurrencies at an estimated 5 million USD are traded daily on OpenLedger.

Since its inception into the danish market in 2014, OpenLedger now has seen more than 300 million USD worth of cryptocurrencies being traded on its OpenLedger platform. The 2017 cryptocurrency explosion saw OpenLedger accrue an astonishing daily trading volume of 5 million USD. Company founder Ronny Boesing foresees a formidable future in which OpenLedger will offer blockchain-technology solutions. Ronny believes that OpenLedger has the potential to follow in the footsteps of tech giants Google, Apple, Facebook or Amazon within the next 5 years. With its current business plan OpenLedger is striving towards a possible partnership with both Amazon and Alibaba.

Ronny Boesing made a recent comment to the Danish newspaper Boersen, stating 

“I have throughout my life earned my money by bringing products to people all around the world. That is in fact what I still do. The product is just a little…

Read more at www.prnewswire.com

Bancor to power token conversion on Sirin’s blockchain smartphone

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Sirin Labs’ is making progress on Finney, a “blockchain smartphone” with a cold storage crypto wallet the company claims will be the only one secure and safe enough to hold cryptographic coins.

Today, Bancor — the decentralized liquidity network that allows you to hold any Ethereum token and convert it to any other token in its network —  announced that…

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Israel’s central bank: Bitcoin is an asset, not a currency

JERUSALEM – Israel’s central bank said on Monday it would not recognize virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country’s banks and their clients.Deputy Governor Nadine Baudot-Trajtenberg said there had been public complaints that Israeli banks were making it difficult for some customers to transfer money from their accounts to buy bitcoin. But this was something the central bank would not be able to address. Other central banks faced the same problem.”The Bank of Israel’s position is that they should be viewed as a financial asset,” Baudot-Trajtenberg told a meeting of Israel’s parliamentary finance committee, noting that there was no government responsibility for investors in bitcoin.The central bank, Baudot-Trajtenberg said, was studying the issue of virtual currency but not much could be learned from what exists globally since no regulator anywhere in the world had issued guidelines to the banking system on how to act in relation to customers’ activity in virtual currencies.”There is a real difficulty in issuing sweeping guidelines to the system regarding the proper way to estimate, manage, and monitor the risks inherent in such activity,” she said. “Beyond the risks to the customer there are also compliance risks to the bank.”The value of a bitcoin, the biggest and best-known cryptocurrency, surged in mid-December to nearly $20,000, then dropped to less than $12,000 at the end of the month. It was trading on Monday around $15,370.

ANONYMOUS NATURE

WHAT IS THE BLOCKCHAIN TECHNOLOGY BEHIND CRYPTOCURRENCIES LIKE BITCOIN AND ETHEREUM? (REUTERS)

Bitcoin is a publicly available ledger of a finite number of digital “coins”, which backers say can be used as a currency without the support of any country’s central bank. It is “mined” by computers, which are awarded new coins for working out complex mathematical formulas.Several other…

Read more at www.jpost.com

Is a non-clinical RVN still an RVN? – vet times

Is a non-clinical RVN still an RVN?  vet times

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