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Bitcoin Is Literally Soaring Into Space After Rocket-Like Surge, China to Use Blockchain Technology



Bitcoin Is Literally Soaring Into Space After Rocket-Like Surge


Bitcoin has soared more than 50 percent since the start of the month. A plan to move some data off the main network was activated last week in an effort to quicken trade execution and broaden access, helping to fuel the optimism. The price climbed to a record $4,449.90 Tuesday before retreating. Read the full article here

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Category: Bitcoin

Image & article ref: www.bloomberg.com

Bitcoin rises, so people Google ‘bitcoin,’ so then bitcoin rises, so then people Google...


If you’ve heard about the massive gains being enjoyed by bitcoin recently, then googled the digital currency to see what all the fuss is about, some of the cryptocurrency’s investors may want to thank you.Bitcoin prices show a notably high correlation with Google search trends for the word “bitcoin,” according to Chris Burniske, a bitcoin expert who was previously a blockchain analyst at ARK Invest. Read the full article here

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Category: Bitcoin

Image & article ref: www.marketwatch.com

China to Use Blockchain Technology in Tax Collection and Electronic Invoice Issuance


China’s government has announced that it will use Blockchain technology for tax collection and electronic invoice issuance. This will be a major test case for Blockchain technology as China is currently the second largest economy in the world with a gross domestic product (GDP) of more than $10 tln in 2016. Read the full article here

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Category: Blockchain

Image & article ref: www.cointelegraph.com

Ethereum Technology to Thrive as EEA Adds Legal Industry Support


One of the leading Ethereum Blockchain consortiums just got a bit stronger. Yesterday, Aug 14, the Enterprise Ethereum Alliance (EEA) announced the addition of 14 new members to its Legal Industry Working Group.Eleven leading law firms and three academic institutions, including the Cardozo Law School, Duke Center on Law & Technology, and the Department of Legal Studies and Business Ethics at the University of Pennsylvania’s Wharton School, entered the Group to help evolve Ethereum into an enterprise-grade technology. Read the full article here

Total Shares: 522

Category: Ethereum

Image & article ref: www.cointelegraph.com

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