Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’

A potential move by global brokerages to offer products around cryptocurrencies could have a big impact on the wider market, analysts at Bank of America Merrill Lynch wrote. In an Oct. 16 research note entitled “Introducing cryptocurrencies – what are they good for?”, the analysts tackle bitcoin as well as other cryptocurrencies such as ethereum… Continue reading Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’

United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain

One of the largest-ever implementations of the Ethereum blockchain for a charitable cause has just concluded a successful trial. Completed on 31st May, the project run by the United Nation’s World Food Programme (WFP) was designed to direct resources to thousands of Syrian refugees by giving them cryptocurrency-based vouchers that could be redeemed in participating… Continue reading United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain

TaaS Audit Completed By Grant Thornton LLP, Given The All Clear

An independent audit of blockchain fund TaaS’s token offering performed by Grant Thornton LLP found no malicious behavior. Announced May 31, 2017, an independent audit for a token offering from blockchain fund Token-as-a-Service, or TaaS, is complete. Accounting and consulting company Grant Thornton LLP performed the audit. TaaS was developed with a profit-sharing mechanism built… Continue reading TaaS Audit Completed By Grant Thornton LLP, Given The All Clear