The Seoul Metropolitan Government has launched the Seoul Block Chain Governance Team to explore the benefits of the blockchain in administrative services, reports Yonhap News on January 31. According to the report, team members are investigating the potential of blockchain applications in various government services, including the online voting system.…
In the course of digitization, traditional banks are increasingly being challenged by FinTechs. The development of flexible, customer-oriented offers is not rocket science. On the basis of suitable data and in cooperation with start-ups, IT managers can work together with specialist departments to design new apps to support the business.…
Leave a CommentBitcoin has overtaken ethereum in node numbers for the first time since at least 2016 with bitcoin currently having 10,266 nodes while the highest number for eth is 10,078. Etherscan, however, counts only 7,857 eth nodes. There used to be some 30,000 public eth nodes and even during summer 2018…
Leave a CommentSome of the private financial technology companies included in this year’s Fintech 50 list have grown so much that they compete with public companies. Stripe is now worth $ 22,500 million and Credit Karma, $ 4,000 million. But the industry continues to attract new entrepreneurs and new ideas. Axoni, New…
Leave a CommentOn Seoul’s self-proclaimed road to a “blockchain hub,” the city administration is expanding Blockchain to newer areas of public management. Now that the administration of Seoul’s Yeongdeungpo district has recently begun tendering for public contracts using blockchain technology, it is exploring additional opportunities for blockchain-based citizen services. “Seoul Blockchain Governance…
Leave a CommentThe company was located by the World Economic Forum among the 100 most important Fintech. PagoFácil is a company that is part of the GIN group, chaired by Dr. Raúl Beyruti Sánchez. Started in 2019 with 8,000 client companies. That is a growth of more than 120% in the amount…
Leave a CommentThe adoption rate of technology is growing faster than ever. And: From the start-up to the billion-dollar enterprise, it takes less than a year at best. From Bird to Unicorn in Eight Months How long does it take to build a business worth more than $ 1 billion? At best,…
Leave a CommentIt’s time for international expansion. A Zurich-based fintech collected a record of 120 million francs in investor funds. Fintech Tradeplus24 (TP24), which was launched in 2016, has completed another round of financing. The company collected a record of 120 million Swiss francs in debt and equity, as in a statement.…
Leave a CommentSome of the private financial technology companies included in this year’s Fintech 50 list have grown so much that they compete with public companies. Stripe is now worth $ 22,500 million and Credit Karma, $ 4,000 million. But the industry continues to attract new entrepreneurs and new ideas: there are…
Leave a CommentWhat is the Best Bitcoin Mining Hardware of 2019? Bitcoin mining requires highly energy-hungry hardware and a firm understanding of the underlying blockchain technology that drives the Bitcoin network. The Bitcoin mining arms race, however, has created a specialized breed of computational hardware dedicated solely to solving Bitcoin blocks. Selecting…
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