On August 21, a nonprofit called Kiva launched a blockchain platform for credit data. This will be a partnership with the leaders of Sierra Leone. Kiva is based in San Francisco and crowd funds loans for financial inclusion. Kiva and Sierra Leone President Julius Maada Bio launched the initiative together…
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Amid Internal Squabbles, Kraken Exchange Still Rises
Nelson Minier is in charge of OTC (over-the-counter) trading at Kraken, a major cryptocurrency platform. According to Minier, since the beginning of 2018, the trades at the OTC desk have increased steadily by a factor of 20. Minier discussed this in an August 20th episode of The Scoop, The Block’…
Huobi Group Leading Cryptocurrency Industry With New Support Functions
Huobi, a major cryptocurrency exchange, just added additional support for the MakerDAO tokens and for its wallet and decentralized apps, or DApps. Huobi Group made this announcement on August 19th. MakerDAO has applications such as CPD Portal, MKR tokens, and Dai stablecoins. Maker is a combination of its community governance,…
Barclay's Will No Longer Serve the Cryptocurrency Dealer Coinbase's Needs
According to news reports, Barclay's, which is a global bank based in London, just stopped offering services to Coinbase. The Coinbase is a United States-based cryptocurrency exchange. It has reportedly found a replacement banker at ClearBank. The ClearBank services will not be as extensive as what Barclay'…
Blockchain Industry Companies Join Forces to Improve Speed and Scalability
On August 17, the NEO blockchain project announced that it is considering the integration of Celer Network's layer two scaling protocol in order to improve its scalability. NEO expects that doing this could allow for faster transactions and more possibilities for the future. In the news briefing on…
U.S. Customs And Border Protection Begins Blockchain Security Project
It is being reported that an advisory committee within the U.S. Customs and Border Protection service will soon launch a blockchain-based proof of concept relating to intellectual property rights. Sometime in late August, the Commercial Customs Operations Advisory Committee — which provides advice to the heads of both the Department…