Blockchain Technology Market Likely to Be Worth $20 Billion by 2024, Claims Report – BTCMANAGER

According to a March 19, 2019, press release by market intelligence and research firm Transparency Market Research (TMR), the market for blockchain technology is expected to surge at a compound annual growth rate (CAGR) of 58.9 percent during a forecast period of 2016 to 2024. Global Blockchain Industry to Be […]

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Shenzhen Adopts Blockchain Technology for Transportation – BTCMANAGER

In a bid to reduce the cost of printing paper invoices and promote transparency in its transport system, the Shenzhen tax bureau has joined forces with leading Chinese conglomerate Tencent Holdings to launch a blockchain-based digital invoicing system, reports ChinaDaily on March 19, 2019. Shenzhen Integrates Blockchain Technology While China […]

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Denver to Use Blockchain Technology for Municipal Elections in May 2019 – BTCMANAGER

Denver,  Colorado, has announced the implementation of a blockchain-based mobile voting pilot to enable overseas voters, active-duty military, and eligible residents to cast their votes using smartphones, according to a press release on March 7. 2019. Denver Joins the Blockchain Bandwagon In a bid to make it possible for those […]

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Blockchain will Stop Fraud: Falciani Creates his Own Crypto

Frenchman whistleblower Hervé Falciani, the ex-mole of tax evaders, officially presented his blockchain-based project aiming to fight fraud and money laundering. The former UBS senior system engineer, who published the 'top secret' list of tax evaders that had financial accounts at the branches of the Swiss bank in the 2008 […]

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Industry 4.0 Pilot Plant to Use Blockchain in Mechatronics

Italy is trying to boost its modernization and latest innovative technologies such as blockchain, cryptocurrency, smart contract, internet of things, artificial intelligence, machine learning and many others. Actually, the in-situ construction sites of the Bi-Rex competence center were officially opened in Bologna, the first ever public-private consortium of 8 planned […]

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Latvian Tax Service to Use Blockchain Technology to Combat Shadow Economy

The State Revenue Service of Latvia calls for the use of Blockchain technology to control tax flow and combat the shadow economy. As one of the possible solution, Blockchain-based systems can be used in the cash registers reform. According to a report by Delfi.lv, the State Revenue Service pointed out […]

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How Italy Uses Blockchain Technology & Cryptocurrency

Blockchain technology is the phenomenon behind the most popular cryptocurrencies such as Bitcoin, Ethereum and Ripple, as it was apprehended by Satoshi Nakamoto in 2008. Distributed ledger technology (DLT) is an effective communication and data exchange protocol designed in a series and chains of blocks. Italy is the fourth country […]

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US Congress gives a go-sign for HR 56 – Financial Technology Protection Act bill

The bill named H.R. 56 – Financial Technology Protection Act, which pertains to the digital assets and establishment of a separate Financial Technology Task Force, was recently given a go-sign from the Congress. The H.R. 56 – Financial Technology Protection Act bill was introduced in the House on January 03, 2019, […]

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