Tagadoption

Malaysia is Directing Its Three Largest Industries to Blockchain Technology

Malaysia Blockchain

The Malaysian government is seeking to explore blockchain solutions in the nation's three largest industries: renewable energy, palm oil, and Islamic finance. A task force named the Malaysian Industry-Government Group for High Technology (MIGHT) will be spearheading the move to adopt blockchain in each industry in order to increase transparency, sustainability, and logistical efficiency according...

New PayPal Policy Makes Bitcoin [an Even] Cheaper, Private Alternative

PayPal Bitcoin

Earlier this week, PayPal announced new fees and restrictions today that could have a huge impact on the cryptocurrency space. While cryptocurrencies offer low-fee and even feeless forms of value transfer, PayPal dwarfs the competition with global adoption and brand awareness, used to transfer business and personal funds as well as handling all eBay transactions. However, all of that may be about...

South Korea’s Second Largest Commercial Bank is Testing a Bitcoin Vault and Wallet

Shinhan Bank South Korea Bitcoin

Shinhan, the second largest commercial bank in South Korea by market valuation and consumer base, has initiated the testing phase of its bitcoin vault and wallet services. Why a Major South Korean Bank Decided to Launch a Bitcoin Vault and Wallet Platform A representative of Shinhan Bank told Naver News, a media outlet operated by South Korea’s most widely used search engine, that the bank has...

Germany’s Biggest Bitcoin Marketplace to Integrate Ethereum Trading

Coinbase Ethereum

Bitcoin.de, the largest German bitcoin marketplace, will soon integrate support for Ethereum traders on its platform. On September 27, the Bitcoin.de development team revealed in an email to its clients that it is set to add Ethereum trading in the upcoming weeks. In an interview with BitcoinBlog.de, a local bitcoin-focused news publication, an employee of BItcoin.de stated that the company has...

Bitcoin Adoption Drastically Increases in Japan Despite Recent Hard Fork

Japan

Prior to the August 1 hard fork initiated by China-based bitcoin mining pool ViaBTC, the market, investors and traders remained uncertain in regard to bitcoin’s future. Some analysts, including Vinny Lingham, were confident that bitcoin would struggle to recover and maintain upward momentum throughout August. Lingham said: On reflection, I was wrong to try to prevent a #Bitcoin bubble. Missed big...

"A Lot of People Have Started to Patronize Bitcoin", Says Nigerian Executive

bitcoin

Bitcoin has seen growing adoption in Nigeria, especially since the economy fell into recession earlier this year following much lower global oil prices. The economy’s contraction by 2.06% between April and June 2016 has increased concerns regarding Nigeria’s banking system, with the nation’s currency greatly devalued, sending bitcoin at an all-time high of $1,228.09 in Nigerian money, according...

Bitcoin Experiences Its Busiest Week Ever

Seoul Blockchain

Blockchain.info, one of the biggest and oldest bitcoin wallet provider, publicly stated that bitcoin experienced its busiest week ever from the 20th to the 27th of November. Antoine Le Calvez, a software engineer at the company, stated: “Between Nov 20th and 27th, Bitcoin faced its busiest week ever with 2 million transactions, a near-constant backlog of tens of thousands of transactions to...

Growth & Adoption The Main Goal For Bitcoiners

The block size debate has made clear what Bitcoiner’s value most: adoption and growth. It seems these Bitcoin values have trumped the mere survival of the Bitcoin market. As many Bitcoin experts (like Gavin Andresen) have noted thus far in the block size debate, Bitcoin can survive as is, the only thing which the block size limit could deter is growth and adoption. This is not an option for...