How To Integrate Blockchain Into Existing Businesses
The team at Emer claim to have matched blockchain solutions and comprehensive technical approaches for solving issues related to current centralized models of commerce. Eugene Shumilov, CEO at Emercoin, reflecting on the origins of Emercoin says: “I am often asked why EmerCoin is named so. It is from the word ‘emergence’ — signifying the emergence of new properties in the system, more than the sum of its components. This is fusion, synthesis, evolution.” As a leader in blockchain-based network security solutions, and worldwide Public Key Infrastructure (PKI), Emercoin has focused on three....
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IOVLabs believes the missing link is the developer-friendliness, not the type of blockchain. A new enterprise initiative launched by IOVLabs, the company behind the RSK Bitcoin sidechain, seeks to simplify blockchain development for governments and enterprises.The joint venture, called Extrimian, was established with Argentinian software provider Grupo Sabra to create the RSK Enterprise Cloud platform. The blockchain-as-a-service platform is designed to allow governments and businesses to develop decentralized solutions and set up permissioned networks with ease. The platform is said to....
What will be the consequences of Blockchain integration in SWIFT’s system for global banking and for all cryptocurrencies? World experts commented to CoinTelegraph regarding the announcement of Wim Raymaekers, Head of Banking and Treasury Markets at SWIFT. According to Raymaekers, the international provider of secure financial messaging services may integrate FinTech innovations, including Blockchain, to implement faster and transparent cross-border payments. International Business Times reports that SWIFT plans to launch this initiative early in 2016. Wim Raymaekers said: "We can look at....
In a recent article published on Bloomberg, former Wall Street executive Blythe Masters explains that she is particularly interested in the blockchain, the shared technology behind everyone's favorite cryptocurrency bitcoin. In the article, Masters explains that the blockchain has "a pretty long list of positive attributes," and that it could potentially bring a whole new level of security to both Wall Street and other financial institutions. This is nothing that cryptocurrency fans haven't heard before. Companies such as computer giant IBM have long endorsed the blockchain, saying that it....
BLOCKS is an innovative decentralized autonomous organization that offers blockchain solutions to companies that need to alter their modus operandi. The core objective of BLOCKS is to help companies revolutionize the way they operate and make industries benefit from blockchain technology, considered as the future of finance. One of its aims is to migrate traditional, existing businesses onto the blockchain. The business space is undergoing a massive transformation in terms of how enterprises are run, thanks to blockchain. This technology is continually evolving, and it’s only logical....
The Inland Revenue Authority of Singapore (IRAS) recently disclosed their plans to generate tax revenues from businesses involving cryptocurrencies. The official tax authority published a document a week ago that neatly described the amalgamation of cryptocurrencies, like Bitcoin, into the existing income tax policies. At first, the IRAS excused virtual currencies to be brought under the category of 'money', 'currency', or 'goods'. But now, instead, the new income tax law referred to cryptocurrencies as 'services', making then vulnerable to existing Goods and Services Tax (GST) taxes. For....