Sony

Sony Patent Filings Hint at Work on Crypto Mining Hardware

Japanese technology giant Sony wants to patent two hardware approaches for hosting and maintaining blockchains, newly published documents show. Sony’s two filings are entitled “Electronic Node and Method for Maintaining a Distributed Ledger” and “Device and System,” revealing for the first time that the company is working on blockchain-related hardware concepts. They also set the […]

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amd

AMD Sees Q2 Drop in GPU Sales to Crypto Miners

Chip maker Advanced Micro Devices (AMD) said Wednesday that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. The company published its quarterly earnings report late Wednesday afternoon, reporting a 3 percent quarter-to-quarter decline in revenue for its Computing and Graphics segment. The unit brought in $1.09 billion, which AMD said was a […]

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US Chamber of Commerce

US Chamber of Commerce Calls for Clarity on ICOs

The US Chamber of Commerce is interested in initial coin offerings as a way for companies to tap capital – but only if they’re regulated, that is. The influential business lobbying group launched its FinTech Innovation Initiative last Wednesday, highlighting development in cryptocurrencies and token sales as one of its eight “FinTech principles” aimed at “bridging the […]

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G20

G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard

G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, a document shows. According to a statement issued on Sunday, finance ministers and central bank governors of the G20 member countries hosted a meeting during the weekend and reiterated their position on a plan for “vigilant” monitoring […]

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G20

G20 Watchdog Releases Framework for ‘Vigilant’ Crypto Monitoring

The Financial Stability Board (FSB), an organization focused on analyzing and making recommendations to the G20 on global financial systems, has presented a framework for monitoring cryptocurrency assets. It notably lists several metrics that the FSB will use to keep an eye on the developing crypto markets and “should help to identify and mitigate risks to […]

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ripple

Ripple Wants to Beat Bitcoin in India, Initially Planned to Giveaway Billions

Ripple (XRP), the largest bank-targeted blockchain protocol, is attempting to take over 50 percent of India’s finance sector by processing payments with low fees and efficient systems. At the Scaling and Digital Disruption in Fintech conference, Ripple Vice President Asheesh Birla, said that the company envisions surpassing the adoption rate of bitcoin to ensure XRP […]

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walmart

Walmart Looks to Blockchain for Better Package Tracking

Walmart has yet another delivery-focused blockchain patent in the works. The application published on July 5 is entitled “Delivery Reservation Apparatus and Method,” and as suggested, it outlines a way for managing package reservations in the context of the purchaser not being available to actually receive it. It’s the latest “smart delivery” intellectual property play […]

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IBM-Powered Blockchain

Banks Conduct Cross-Border Trades on IBM-Powered Blockchain

A group of European banks has announced that they have completed a series of cross-border financial trades through a jointly developed blockchain platform. According to an announcement on Tuesday, the live transactions on We. Trade were executed over the past five days between 10 companies and were facilitated by four partner banks. HSBC, one of the nine institutions […]

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