Will Blockchain Be a Boon to the Jewelry Industry? – Finance Digest

By Elizabeth Paton, The New York Times LONDON — For jewelers, dealers and collectors alike, some of the biggest challenges are the same — and all too familiar: How can one guarantee the ethical provenance of a diamond or precious stone? Ensure it is real and not fake? How can one secure and track the movement […]

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‘I need a selling season’ — bitcoin falls below $4,000 – Finance Digest

By The Financial Times Bitcoin was down again on Monday morning after a rocky weekend that saw it slump on Sunday to its lowest level since September 2017.The cryptocurrency was down 0.5 per cent at $3,905 on Monday, having dropped below the $4,000 mark on Saturday and continued to slide over the remainder of the […]

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Bitcoin price plunges below $4,500 mark in new 2018 low – Finance Digest

Cryptocurrency’s value has slumped by more than a quarter in less than a week The price of bitcoin continued to plunge on Tuesday as it fell another 7% to $4,387, taking its losses to almost 30% in the past week. A 14% tumble in the price of the world’s biggest and best-known cryptocurrency on Monday […]

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The Truth About Blockchain: Prove The Value – Finance Digest

By George Bailey, Forbes The hype surrounding Blockchain has set records both for the incredible level of noise and the revolutionary claims attached to this emerging technology. Yet, to my knowledge there are almost no major corporate operations on Blockchain. There have been pilot projects to determine if the technology is viable performed at most major […]

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Blockchain Could Track the Globe’s Gold Bullion by 2019 – Finance Digest

The London Bullion Market Association (LBMA) is to create a set of standards for blockchain-based gold tracking, as well as an oversight committee to approve and monitor technology providers. Ethical sourcing is becoming critical in such a high-value sector as precious metals. It will become even more important as reserves of metals such as gold […]

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A new report bursts the blockchain bubble – Finance Digest

By Barry Levine , Martechtoday The report from research firm GlobalData, “Blockchain – Thematic Research” [fee required], argues that the new technology’s bubble “will burst in the next two years [and] will have lost much of its gloss by 2025.” Summarizing blockchain as “awash with hype, but with a powerful core value proposition” of distributed ledger tech, […]

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How blockchain could improve election transparency – Finance Digest

By Kevin C. Desouza and Kiran Kabtta Somvanshi, Brookings The use of blockchain in the public sector reached another milestone this month when West Virginia became the first U.S. state to allow internet voting by blockchain in primary elections. While the voter participation through this platform was estimated to be small, the intention of the administrators was to test the […]

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Bitcoin Is Back Above $8,500 But Does the Rally Have Legs? – Finance Digest

By Omkar Godbole, Coindesk Bitcoin’s (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate. The cryptocurrency closed below key technical levels on Thursday, signaling a bearish breakdown, but the sell-off unexpectedly ran out of steam at $7,925 a day later. Subsequently, bitcoin gained more than $500 over […]

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Bitcoin (in USD): Approaching 8100 – Finance Digest

By, Peter A Rosenstreich, Swissquote Bank SA, Fxstreet Bitcoin rise started in mid-April pauses, the pair is decreasing, trading below 8500 and heading along the 8100 range. Bitcoin bearish pattern started in March 2018 strengthens. The pair is contained between hourly support and resistance given at 6306 (13/11/2017 low) and 10232 (01/02/2018 high). The technical […]

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Bitcoin (in USD): Approaching 8100 – Finance Digest

By, Peter A Rosenstreich, Swissquote Bank SA, Fxstreet Bitcoin rise started in mid-April pauses, the pair is decreasing, trading below 8500 and heading along the 8100 range. Bitcoin bearish pattern started in March 2018 strengthens. The pair is contained between hourly support and resistance given at 6306 (13/11/2017 low) and 10232 (01/02/2018 high). The technical […]

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