Tag: blockchain

Roger Ver helps raise $87k for an anti-war charity

Roger Ver and online auction platform Charitystars have managed to raise $87,000 for website Antiwar.com. The winner of the auction won a private lunch with Roger Ver, one of the original investors of Bitcoin. Antiwar.com is a portal that promotes peace and non-interventionalism. Blockchain & charity Charitystars was founded in 2013 in Milan, Italy. The online auction offers people a chance to bid cryptocurrency on meetings with celebrities, rare artwork and luxury cars. Proceeds are donated to charities all over the world. Charitystars founders said they were pleasantly surprised with the result. Reportedly, a lunch with former Italian president...

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Steve Wozniak: Bitcoin is better at storing value than USD or gold

Apple co-founder Steve Wozniak loves cryptocurrencies. He has spoken about Bitcoin numerous times in the past. In a recent interview with CNBC, Wozniak argued why Bitcoin was better at storing value than both USD and gold. He cited limited supply and resistance to tampering as the key reasons why he is choosing Bitcoin over other methods of storing wealth. The tech guru also embraces the possibilities of blockchain technology. Limited supply and resistance to manipulation Wozniak claimed the US dollar was ‘phony’ due to centralized government control over its use and quantity. At any moment the government can print...

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Russian wheat shipped to Turkey for Bitcoin

History is being made, as the first major commodity deal is settled with Bitcoin. Last month, a cargo ship carried 3,000 tons of wheat from Rostov-on-Don, Russia to Samsun, Turkey. The company behind the deal, Prime Shipping Foundation, is testing a blockchain settlement system for commodities. CEO Ivan Vikulov promises immediate processing of payments and safety of transactions. “We are trying to develop a cross-border payment system that’s easier and faster than what’s available now,” Vikulov said. “As far as we know, this is the first freight deal done in a cryptocurrency.” Prime Shipping Foundation is currently applying for...

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2017 in review part III – Technology

Dowbit International would like to wish you a happy New Year! 2017 was a whirlwind in cryptocurrency news and 2018 will likely be no different. In part I and II of our year in review, we compiled the news highlights from the investment landscape and the world’s reaction to cryptocurrencies. In part III, we will look at what is fueling the revolution: the technologies behind cryptocurrencies. Blockchain revolution And what better topic to start than blockchain itself? The technology has taken the world by storm and has dominated the startup, fintech, and general technological market this year. Blockchain has...

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Ripple Gains 90% as Asian Banking Giants Test Virtual Fund Transfers

Ripple’s XRP surges to an all-time high as Japanese and South Korean Banks begin testing blockchain-based virtual fund transfers on Friday. Last week, XRP remained stable against the dollar. As of press time, the currency is at an all-time high of $0.51 — up by 90%. Driving the surge may be rising demand for cross-border transactions in Asia. Japanese and Korean banks want to be at the forefront. Asian banking giants have partnered with Ripple to facilitate international funds transfers while also cutting costs by up to 30%. Frictionless Ripple Payments SBI Ripple Asia, a joint-venture company established by...

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