HONG KONG, Nov. 28, 2019 - Today, Crypto.com announces a new method for users to withdraw from Crypto.com Fiat Wallet, supporting up to 21 fiat currencies.* Users now have the option to sell cryptocurrencies** to fiat and withdraw fiat to their personal bank account. The addition of multi-currencies fiat withdrawal via international bank transfer is a frequently requested feature that further strengthens the utility of Crypto.com platform.
After intense development and testing, Ethereum Express (EEX), a community-driven decentralized ecosystem, has revealed the details of its two pilot projects that are acting as the first clients testing the EEX solutions. The platform founders have reported that under these pilot projects they managed to achieve 1,000 transactions per block and a network capacity of 200 transactions per second (TPS), compared to the Ethereum's network capacity of 15 TPS.
Disruptive SaaS business FiO, a blockchain-onboarding platform for conventional businesses, was in full attendance at Singapore's recent FinTech Week, where its senior team met with new potential partners and investors. The company successfully met its agenda objectives that included fundraising, brand-building, networking with attendees and patent registration.
WORBLI, an enterprise-grade blockchain platform, will offer Compliance as a Service (CaaS) through strategic partner Agenix to help companies navigate increasingly difficult regulatory requirements. Agenix, made up of founding WORBLI team members, will provide key services around financial compliance and risk management, aimed at significantly reducing development time and costs for companies looking to operate within mandatory regulations.
Blockland, a community-wide movement to establish a blockchain and cybersecurity ecosystem in Cleveland and make Northeast Ohio one of the top technology centers in the United States, today announced details for its 2019 Blockland Solutions Conference. The conference, presented by KeyBank and MCPc, will take place at the Huntington Convention Center of Cleveland from December 9 to 11, 2019. A special 33-percent-off ticket discount is currently being offered until December 2.
Nucleus Vision, an IoT & Blockchain technology company serving the retail industry, launches GIDC (Global Identity and Consent) blockchain network for consent-based data access management. The private multi-node blockchain network gives power to users to control who can access their data. Nucleus Vision announces the launch of this network at Genesis DevCon, a blockchain conference held in Bangalore, India, on 24 & 25 November.
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, today announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple's original $50 million equity investment commitment made earlier this year. Ripple purchased the newly-issued equity from MoneyGram at $4.10 per share, which represents a significant premium to MoneyGram's current market price.
"The true potential of blockchain is more exciting by far than that of cryptocurrencies," said Jun Lu, head of Lufax Technology Center, at CNBC's East Tech West conference in the Nansha district of Guangzhou, China. When people talk about blockchain, Lu ventured, they are often only thinking cryptocurrencies. "Cryptocurrency is but one application of the blockchain technology, which in comparison has vastly more untapped potential and considerably more value to offer," considered Lu.
The Algorand Foundation today announced the availability of a protocol upgrade that significantly expands the range of decentralized applications (Dapps) and processes that can be built on the Algorand platform. For the first time, enterprise-scale Dapps can be built on the world's first pure proof of stake (PPoS) blockchain without sacrificing performance.
The "Blockchain, Cryptocurrency and the Future of Monetary Policy - 2019 Report" report has been added to ResearchAndMarkets.com's offering. The rise of cryptocurrencies offers an important perspective on the successes and the failures of monetary policy, as we detail in our report. Cryptocurrency seems to offer the promise of currency secure from compromise, safe from manipulation by financial institutions and increasing in value at a rapid pace. But, does it really?