Irish University Study Calls For Government Action To Promote Blockchain In The Country

The authors of a study at the National University of Ireland (NUI) Galway on the adoption of blockchain in Ireland, called on the government to promote the technology more broadly in the country, The Irish Times reported May 11. The study proposes recommendations to increase blockchain awareness and adoption, that can reportedly have a positive impact on economic growth and establish a basis for how the government and Irish organizations carry out business. Dr. Trevor Clohessy at NUI Galway, who led the research, called for government action to promote blockchain…

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Supreme Court Denies Interim Injunction Against Reserve Bank Of India Restrictions

The Supreme Court of India declined to grant an interim injunction against the Reserve Bank of India (RBI) circular banning banking services for companies dealing in cryptocurrency, according to a Twitter post by Crypto Kanoon May 11. Crypto Kanoon is a team of Indian lawyers engaged in crypto regulatory analysis and legal awareness. Supreme Court declined to grant interim injunction against RBI banking restriction. Fixed the matter for hearing on 17th May. #bitcoin #RBI https://t.co/bDpQ73cAC9 — Crypto Kanoon (@cryptokanoon) May 11, 2018 11 different representatives from various crypto-related businesses who…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 11

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Unlike 2017, the rallies in most major cryptocurrencies this year has been subdued. We believe that they are forming a bottom, which can take anywhere from a few weeks to a few months. During this process, the price will remain volatile as the…

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Chinese Researchers Create Index to Rank Blockchain Projects

Join our community of 10 000 traders on Hacked.com for just $39 per month. At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) announced its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit. The CCID is part of the Ministry of Industry and Information Technology, a state agency of the People’s Republic of China. It is responsible for the regulation and development of technology in the region, as…

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How Blockchain Technology Can Combat the Flow of Counterfeit Goods

Join our community of 10 000 traders on Hacked.com for just $39 per month. Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets. This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on Oversight and Subcommittee on Research and Technology on Tuesday. The hearing focused on leveraging blockchain technology to improve supply chain management…

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IBM And NGO Global Citizen Announce Contest For Blockchain Charity Platform

American multinational technology giant IBM has partnered with Global Citizen, an NGO dedicated to alleviating poverty, to sponsor a contest for a charity donation blockchain platform, a blog announcement states May 11. According to the statement from IBM, one challenge that faces philanthropic organizations is ensuring that donated funds are utilized in an effective and efficient manner, which is true to the mission of the organization. The press release states: “If we are going to solve societal issues such as extreme poverty or infectious disease, we need to make sure…

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Adena Friedman Nasdaq CEO | Crypto’s Are The “Right Next Step”

Speaking on the latest episode of CNN podcast “Boss Files”, Adena Friedman, CEO of Nasdaq gave an indication of her optimistic position regarding the future perspectives for cryptocurrencies. The famous businessperson and female inspirational figure mentioned that according to her perceptions, the use of cryptos could represent an evolution or at least an important innovation in the way traditional finance is handled. “Do I think digital currency plays a role in the economy of the future? I think the answer is probably yes” In a segment of the interview devoted…

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Top Crypto News | May 7

The second week of May is over, and a lot went down. Especially in the crypto industry. There’s some stuff the crypto community will want to reflect on over the weekend; so, here is this week’s top crypto news.  Top Crypto News | May 7 – May 11  Monday The crypto markets started out on Monday as a sea of red. Dash (DASH), Ethereum (ETH), and Decred (DCR) were all down. So were Cardano (ADA), Tron (TRX), and Litecoin (LTC). Monday saw announcements like Circle adding Monero (XMR) to its investment…

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‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown. Ver, once known as “Bitcoin Jesus,” told The Independent that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020. Analysts refer to…

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The Planet Uranus Told This Ex-NFL Star to Buy Bitcoin — and He Listened

Join our community of 10 000 traders on Hacked.com for just $39 per month. Ricky Williams is a former NFL star, and now he’s looking to the stars for investment advice. It’s not unusual for professional athletes to turn to financial services after earning millions of dollars in their career and looking for ways to manage it. For Williams, a former Heisman Trophy winner, the future is in astrology, and when he looked up, the stars aligned for him to buy cryptocurrencies. Williams told CNBC: “When I look at things,…

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