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FidentiaX to Bring World’s 1st Marketplace for Tradable Insurance Policies

FidentiaX, a Singapore based fintech start-up, has announced the launch of world’s first marketplace based on blockchain technology for tradable insurance policies.  As per the recent announcement, the platform is currently in development phase and is capable of disrupting the status quo in the industry.The ObjectiveThe fidentiaX marketplace will put the ball in the court of policyholders,

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Blockchain and Smart Cities: On the Way to the Second Capital of China

On Oct. 14, Peng Yijie, a powerful Chinese businessman, visited Chen Gang, the Communist Party Secretary of Xiong'an New Area and Vice Governor of Hebei Province.Peng reported the potential of Blockchain technology to Secretary Chen, trying to persuade him to cooperate on promoting Blockchain innovation in Xiong’an New Area.Smart cityDuring the meeting, Peng said that Xiong’an New Area is the

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

News Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency.Also read: Putin Confirms Russia Will Regulate CryptocurrenciesPutin’s Executive OrderNikolay Nikiforov.Russia’s

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Bitcoin Booms in Evolving Markets

As far as adoption goes, Bitcoin follows a familiar pattern. Populous, first world countries in North America, Europe and Asia were first to catch Bitcoin fever, the first to establish exchanges and the first to begin restricting them as well. While early Bitcoin trading in these countries was largely boundless, allowing for things like margin trading and high leverage, as more of each countr

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Can QUOINE Provide the Missing Link in the Crypto Economy?

Social media is erupting with stories of cryptocurrency traders paying insanely wide spreads on cryptocurrency exchanges. In one exchange, Lee, a new Bitcoin trader, laments losing 35 percent of his funds on one Euro-to-Bitcoin trade, after being lured by promises of no fees and a free debit card to a new exchange. Speculators who dominate the cryptocurrency market thrive on the attractive arbitra

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Global Economy for Everyone — an Interview with Anton Dzyatkovsky, Co-Founder of MicroMoney

Q: Anton, your company, MicroMoney, is promising loans for people who have no bank accounts or credit history. What is it about? A: When two years ago I learned that 2 billion people in the world have no access to banking or basic financial services, I was shocked. They are not included into the global economy; they are deprived of some basic human right. Moreover, this system exists throughout th

Remittance Startup Bitspark Drops Bitcoin Over Network Fees

Altcoins This week the Hong Kong-based bitcoin remittance provider, Bitspark, has announced the firm is switching its services over to the Bitshares blockchain instead of using bitcoin because it is “better suited for the company’s business.”Also read:Putin Tells Central Bank Not to Create Unnecessary Barriers to CryptocurrenciesBitspark Drops

How ICO Concept is Revolutionizing the Investment Ecosystem

Events from China are taking a significant toll on the cryptocurrency market. This began with the ban on ICOs that involved citizens and residents in the Asian country.Prior to this time, many companies have adopted the unregulated and decentralized system as a preferred means of crowdfunding over the traditional IPOs and other methods.The world is experiencing a revolutionAccording to data by the

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Fintech Tickles Investor Wallets as $5 mln+ Payouts Jump 23%

Fintech investments have increased hugely in average size this year, with 23 percent more funding rounds topping $5 mln.Research from GlobalData shows smaller rounds dropping off significantly compared to 2016, with 22 percent less activity below $5 mln.Ameet Phadnis, the firm’s research and analysis director for financial services commented in an accompanying release:“It is evident from the r

Bitcoin Price Watch; Quick, Live Trades!

Things are moving too fast for us to waste any time on the bitcoin price action we have seen during the session today in the bitcoin price out of Europe because, if we do, we are liable to miss a potentially rewarding entry opportunity. We have set up some levels that we are hoping to use to take advantage of the fast action volatility during the session this evening and, beyond, into the Asian se

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