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Bitcoin News Archive


The well-known cryptocurrency Bitcoin was the first digital currency. The underlying technology that enables this currency is called blockchain.
The Blockchain Academy has partnered with the Satoshi Centre to help drive education on Bitcoin and blockchain on the 1st and 2nd May 2017 in Botswana..
"In SA we have seen the rise of mobile QR code app-based payment services, such as SnapScan, which has over 25 000 vendors locally, rolling out across formerly cash-based and informal trading environments, such as flea-markets and concerts," adds Williams. "We have also seen how quickly, thanks to our almost complete mobile penetration, blockchain technology, such as Bitcoin has taken off in SA across all strata of our economy.
Bitcoin has been plagued by a volatile market value, reports of hacking, and its utilisation in the notorious "dark Web", says Anita Raubenheimer, marketing and brand manager at Webber Wentzel..
Blockchain, which emerged as the system running cryptocurrency Bitcoin, is a digital shared record of transactions that is maintained by a network of computers on the Internet, without the need for a centralised authority..
Blockchain is a digitally distributed ledger that underpins all Bitcoin transactions. It offers all parties involved in a business transaction a secure, synchronised record of every sequence in an exchange, beginning to end: from hundreds or thousands of steps online to a single one-for-one payment.
The SEC denies a request to list what would have been the first US exchange-traded fund built to track Bitcoin..

Setting the bitcoin free

13 Mar 2017 Features
By Ben Kelly

The topic of cryptocurrencies, and Bitcoin more specifically, tends to stir up diverse opinions. Some feel that the emergence of these currencies with no central control and no respect for national boundaries poses a real threat to the security of nations, while others feel that Bitcoin represents the future of global banking.
"Sophisticated payment methods like Bitcoin are inappropriate for the mass market. Instead we need to look at simple methods like cash, credit or debit card, preloaded social welfare card or enabling multi-functional facilities like the Myciti bus card," says Kevin Tucker, MD of Pricecheck.
Investors bet market regulators will approve what would be the first US exchange-traded fund to track the price of Bitcoin..
The technology, which powers the digital currency Bitcoin, enables data sharing across a network of individual computers. It has gained worldwide popularity due to its usefulness in recording and keeping track of assets or transactions across all industries.
Local companies seem to have a deep understanding of blockchain and cryptocurrency world in general and the knowledge thereof has definitely moved on past the negative historical connotations with Bitcoin and is now focussed on the potential of the technology to bring value into businesses..
Orsmond will be discussing the opportunities around Blockchain at the third annual Blockchain Africa Conference, taking place in Sandton, Johannesburg from 1 to 3 March 2017. According to Sonya Kuhnel, co-founder of Bitcoin Events, organisers of the Blockchain Africa Conference 2017, Blockchain is the most significant new technology of the decade.
KPMG also notes global venture investment in Bitcoin and blockchain technologies reached a high of $543.6 million in 2016, compared to $441 million in 2015.
Mesk believes DevConf fills a gap in the market for an event that covers a range of technologies and brings together the developer community from across the country. "Building on last year's range of topics, we have several international speakers – diverse speakers – and we're very excited to see Bitcoin, Blockchain and mobile development coming up in our topics.
A US software engineer and pastor allegedly engaged in lies and corruption to facilitate an illegal Bitcoin exchange business..
The leading attacks on enterprises are cyber extortions, the report says. Cyber criminals implement ransomware that encrypts data on a victim's system.
Blockchain, which first emerged as the system powering crypto-currency Bitcoin, is a shared record of transactions that is maintained by a network of computers on the Internet, instead of a centralised authority. Banks and other large financial institutions have been ramping up their investments in blockchain in hopes that it can help simplify cumbersome processes such as securities settlement and international payments.
Blockchain, which originates from digital currency Bitcoin, works as an electronic transaction processing and record keeping system that allows all parties to track information through a secure network, with no need for third-party verification..
Blockchain, which originates from digital currency Bitcoin, works as an electronic transaction processing and record-keeping system that allows all parties to track information through a secure network, with no need for third-party verification..

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