Central Bank of China governor rejects bitcoin as legitimate payment method
BEIJING: China does not recognize bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday.
“We do not currently recognize bitcoin and other digital currencies as a tool like paper money, coins and credit cards for retail payments,” Zhou told reporters on the sidelines of the annual parliament session.
“The banking system does not accept it.”
China has taken a string of steps in recent months to clamp down on the cryptocurrency market, including closing exchanges and banning so-called initial coin offerings (ICOs) — digital, token-based fundraising rounds.
more...
http://www.arabnews.com/node/1262981/business-economy
Achain offers solutions to Blockchain scalability
Achain, a public blockchain platform, offered solutions to problems related to blockchain scalability and adoption at the Viet Nam Blockchain Week on March 7 and 8.
As more people use blockchain, the network inevitably slows down, and the solution lies in reducing the time needed to record data in a block as well as the time it takes for members of a blockchain peer-to-peer network to reach a consensus.
more...
http://bizhub.vn/tech/achain-offers-solutions-to-blockchain-scalability_293033.html
Viberate Integrates the Bancor Protocol to Further Boost Liquidity
Viberate, a token for the live music industry, has just integrated the Bancor protocol – making it one of the most liquid tokens in the music industry.
Viberate and Bancor Make Music Together
Viberate has never had problems with liquidity.
A few weeks ago, VIB experienced 24-hour volumes reaching unprecedented highs, topping out at an all-time high of over $430 million.
more...
http://bitcoinist.com/viberate-integrates-bancor-protocol-boost-liquidity/
Tired of all the crypto-craziness? Consider these three stocks instead.
Investing in bitcoin may seem like a compelling bet on the future. But if its roughly 20% decline over the past week alone should remind us of anything, it's that Bitcoin's staggering potential certainly doesn't come without significant risks.
We'd be remiss, however, if we didn't remind you that there's no shortage of intriguing investment opportunities in the stock market. To that end, we asked three top Motley Fool investors for stocks that they believe you would be wise to consider buying instead of bitcoin. Read on to learn why they
more...
https://www.fool.com/investing/2018/03/09/forget-bitcoin-youre-better-off-buying-these-3-sto.aspx
Samsung Adds AI And Blockchain To Smart Logistics Platform, Cello
Samsung SDS is looking to capitalize on investments and research into emerging technologies by upgrading its smart logistics platform to include blockchain and artificial intelligence.
At a press conference in South Korea today, Samsung SDS CEO Hong Won-pyo detailed recent upgrades to its smart logistics platform, Cello, an optimization software tool that has applications for supply chain planning, transportation systems, and warehouse management.
more....
https://www.ethnews.com/samsung-adds-ai-and-blockchain-to-smart-logistics-platform-cello
Centralized Cryptocurrency Exchanges, Explained
What is a Centralized Cryptocurrency Exchange?
It is an online platform and most common way to trade cryptocurrencies.
This includes buying/selling cryptocurrencies with fiat (fiat/crypto paring) as well as buying/selling cryptocurrencies with other cryptocurrencies (crypto/crypto pairing). They can be viewed as an online marketplace for the entire cryptocurrency network.
more...
https://cointelegraph.com/explained/centralized-cryptocurrency-exchanges-explained
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://ca.finance.yahoo.com/news/forget-bitcoin-apos-better-off-002900487.html
Coins mentioned in post: