Excited neophytes think that so-called “smart” contracts may be a panacea for all transactional or data management activities that take place in a developing technological ecosystem. It’s a mistaken assumption, but still a noble goal that could yield unexpected dividends.
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Snapshots are described briefly in our FAQ, but the IRI team wanted to take this snapshot as an opportunity to explain in more detail exactly how the process works, and how our node operating community can help. For an excellent overview of how to prepare and update…
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After challenges by French taxpayers, the French Council of State ruled that cryptocurrencies are “moveable property,” and reduced the applicable tax rate from 45 percent to 19 percent.
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On Thursday, Delaware state senators introduced two bills, which propose that limited partnerships and limited liability companies (LLCs) be allowed to use blockchain technology for record keeping and record management, as well as certain ‘electronic transmissions.’ Both bills were assigned to the Banking, Business & Insurance Committee.
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An Australian financial services watchdog has stated that ICOs conducted abroad may be subject to Australian laws if they accept investment from “Australian consumers.”
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The security specialist published his thoughts on one of Ethereum’s currently prominent improvement proposals. His thoughts on the matter provide insight into some new features coming with the next hard fork, Constantinople.
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Shortly before the FY 2017 tax filing deadline, Ripple contributed approximately $29 million worth of its XRP to DonorsChoose, a 501(c)(3) nonprofit organization. Depending on how the Internal Revenue Service approaches XRP, Ripple – the effective creator and steward of the tokens – could be eligible for…
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It seems that Ripple is gaining more influence in the EU and Asia, following reports that five remitting companies will be partnering the San Francisco-based blockchain company, specifically its xVia API. The companies include such names as FairFX (UK), RationalFX (UK), Exchange4Free (UK), UniPAY (Georgia) and MoneyMatch…
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One of Ethereum’s testnets played a critical role in a successful loan transfer completed by the Spanish multinational banking group BBVA. The pilot project enabled a loan to be transacted from negotiation to signing using blockchain technology.
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Many blockchain enthusiasts like to describe the technology as a tool that will allow users to seize self-determination. Meanwhile, one blockchain firm appears poised to play ball with Faure Gnassingbé, who is widely considered to be a dictator.
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