Search Result: mine digital

IncentiaPay

IncentiaPay’s rewards, deals and incentive platforms enable SMEs to attract customers across multiple sales channels.

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Apr
16

OpenMarkets adopts Bloomberg EMSX for Global Equity Liquidity and Execution Services

OpenMarkets has taken a crucial step to open up its platform to overseas investors after integrating with Bloomberg’s global multi-asset trading platform.

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Apr
13

How you may be confused about Ethereum

According to Coinmarketcap.com, Ethereum is the second largest cryptocurrency by market capitalization. Bitcoin leads with a cap at slightly over US$100 billion, and Ethereum follows at about US$40 billion. While this evaluation is commonly accepted, it isn’t entirely accurate. The assumption places a false equivalence in the mind of anyone exploring the number two cryptocurrency after learning about it through Bitcoin. The coin versus the blockchain Most importantly, Ethereum is not actually a cryptocurrency but a protocol with a blockchain on which, theoretically, an infinite or endless number of cryptocurrencies can reside. Its equivalence is Bitcoin, a protocol with a blockchain that only supports the bitcoin (BTC) cryptocurrency. In the […]

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Mar
09

Fintech – The evolution of modern financial technology in the 21st Century

Financial procedures have evolved drastically over the last 100 years. We have seen a huge change in how many aspects of finance are processed such as payments, investment, data storage and types of currency. A term that has sprung up in the last couple of decades and gained prominence is ‘Fintech’ – this articles details exactly what Fintech is, and why it is essential for the modern world. What is Fintech ? Fintech = financial technology This is the basic meaning. Fintech is much more than that however – it is any new type of innovative technology that competes with or precedes traditional financial methods; particularly the delivery of financial […]

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Feb
26

TTL chooses blockchain consultant

Transcendence Technologies Limited (ASX: TTL) has appointed DigitalX Limited (ASX: DCC) as its blockchain consultant. DCC will perform an audit of TTL’s current product offerings and provide advice to the company’s board and upper management. DCC will also be tasked with exploring how synchronised digital data offerings could integrate into TTL’s current business model. TTL operates the prominent E-Collate data management platform and has worked in collaboration with PrimeXConnect on the management of a wholesale trading and supply chain for meat products. DCC CEO Leigh Travers said, “Blockchain technology could help producers, sellers and consumers follow meat products in transit from paddock to plate, by tracking measurements such as temperature […]

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Feb
15

Despite bitcoin crash, initial coin offerings attract Aussies to make money online

Warren Stokes knew nothing about bitcoin until his son began receiving yellow postal bags filled with $50 notes in the mail. The cash was from cryptocurrency trading when his son was still in high school — about seven years ago. “He explained to me he was on a group on reddit — 1,000 people were joining their computers together to mine, and again, honestly, I had no idea what he was talking about.” Mr Stokes, 58, is now a casual “crypto” investor himself. At a recent cryptocurrency meet-up in Sydney, he was there to learn about the latest craze: initial coin offerings (ICOs). An ICO uses blockchain technology to issue […]

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Feb
13

Aussie Regtech secures recognition as leader in Compliance Innovation space

Leading Australian RegTech Lucsan, has been announced as a Fintech Business Awards finalist in the Compliance Innovator of the Year category.   As one of the 10 nominees contending the award, Lucsan is thrilled to be named alongside some of the industry’s best in class by being acknowledged as a leading organisation making a contribution to the rapidly growing RegTech and fintech communities.   The exciting development further signify Lucsan’s presence as an in-demand RegTech. It also follows on from the announcement late last year that one of Australia’s largest financial services technology providers, IRESS, took a minority stake in Lucsan. Additionally, Lucsan recently welcomed former ASIC man, Stuart Frith, as their Group […]

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Jan
17

Bitcoin tumbles as fears of cryptocurrency crackdown linger

January’s cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 20 percent, as the prospect of regulatory crackdowns appeared to spread. While the largest digital coin trimmed its loss and was down 18 per cent at $11,444 ($14,378) at 5am AEDT, it was still at the lowest level since late December, according to composite pricing on Bloomberg. As Bitcoin halted its two-day rally, rival cryptocurrencies also tumbled. Ripple sank as much as 33 percent and Ethereum dropped 24 percent, before both tokens pared some declines. Speculators across the globe are struggling to determine when or how market watchdogs may rein in an industry that’s decentralised and […]

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