Potential Impact of CES 2016 On Bitcoin Adoption
The Consumer Electronics Show for 2016 is just around the corner, and a lot of eyes will be on how the technology industry will keep evolving throughout the next few years. These evolutions are of great importance to the Bitcoin community as well. With more and more internet-connected devices, Bitcoin adoption can thrive in due time. There are quite a few different types of internet-connected devices in existence already. Other than computers and mobile device, home automation is another market where internet connectivity plays a big role. Controlling electronics from one’s mobile device....
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A recent report by Banco Santander discusses the potential impact of Bitcoin adoption on Brazilian banking and financial sector. The number of reports discussing Bitcoin’s impact on mainstream banking and financial sector is overwhelming. Adding to the list is yet another report focused on Brazil, published by Banco Santander. The report titled “Brazil: Banks and Financial Services – To Bitcoin or Not to Bitcoin?” is a result of last month’s meeting with Banco Santander, Mercado Bitcoin — the leading Latin American Bitcoin exchange and local investors. The meeting revolved around the....
Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....
It’s too early to predict the full regulatory impact of distributed ledger technology (DLT), a representative of Europe's securities watchdog argued this week. Patrick Armstrong, a senior risk analysis officer for the European Securities and Markets Authority (ESMA), made the comments during a speech at a securities industry event in Oslo on 23rd January. In his remarks, Armstrong touched upon a number of the factors changing securities trading in Europe, including distributed ledgers. Notably, he indicated it is not yet possible to say which regulations might need to change due to the....
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala posted a record-setting quarter in Q3 2021.
Crypto Adoption Bolstered Travel Company Travala’s Third Quarter
According to a third-quarter 2021 report published by Travala, the company has seen “explosive growth” in the firm’s three core services: hotels,....
For the mainstream adoption of Bitcoin, the important players are users within the community. However, collaboration with the government is important as well. The potential users of Bitcoin who have the most to gain are people in countries whose financial institutions are broken or corrupt and whose currencies are extremely volatile. This includes almost all of Latin America, Africa, Asia, Eastern European countries such as Ukraine, Russia and Greece. Despite increased awareness about the cryptocurrency in 2016, there is a lot of ground to cover when it comes to the formal adoption and....