Facebook’s Libra co-creator: Social, financial data will remain separate

The co-creator of Facebook’s Libra says that once the blockchain-based digital currency is launched users’ social media information – and financial data tied to the stablecoin – will not be connected in any way. Christian Catalini, the head economist at Calibra, the Facebook subsidiary in charge of the launch of Libra …

Cryptocurrencies backed by cash could elude new regs

Cryptocurrencies backed by cash could potentially be covered by the same regulations used to govern securities, according to a global financial oversight group. The finding could help move forward projects such as Facebook’s Libra digital currency, known as a stablecoin. The International Organization of Securities Commissions (IOSCO), made up of …

IBM, Intel, J.P. Morgan and Microsoft join others on new blockchain token spec

A new specification to allow businesses to create blockchain-based tokens for international trade and finance has been published – and businesses have already tested digital money based on it for cross border payments and settlement. The Token Taxonomy Framework v1.0 (TTF) was developed by more than two dozen businesses and …

In 2020, businesses likely to shift blockchain focus to integration, interoperability

After several years of proofs of concept testing, followed by pilot programs, enterprises deploying blockchain should turn their focus toward integrating the distributed ledger technology (DLT) with legacy data systems and making sure they can communicate with other external blockchains. That advice is part of Forrester Research’s 2020 Predictions, which …

12 blockchain-related jobs to consider in 2020

For more than a year, blockchain management and development has topped some lists of the hottest skills in the IT job market, and thousands of blockchain jobs in the U.S. are now up for grabs. According to a mid-year salary survey from Janco Associates, a management consulting firm that conducts …

Facebook won’t launch cryptocurrency until U.S. regulators approve

In a prepared statement to a House oversight committee, Facebook CEO Mark Zuckerberg said plans to launch a global payments system will remain on hold until U.S. regulators approve it. The comments end speculation Libra coin could go live in nations where there is no government pushback. The statement, published …

HTC launches a cheaper blockchain phone

Taiwanese smartphone maker HTC is now selling a less-expensive version of its Exodus 1 blockchain-based smartphone with a built-in digital wallet that allows users to store, buy, sell and trade Bitcoin and other cryptocurrencies. The Exodus 1s is aimed at users who want to “dip their toes into the crypto world” and …

Utah county moves to expand mobile voting through blockchain

Disabled voters in Utah County will be able to use their smartphones to vote in the November municipal election, an expansion of an earlier pilot test of the blockchain-based technology and anothert step toward allowing all voters to cast ballots with a mobile device. The county, which has more than a half …

Can Facebook’s Libra cryptocurrency survive the exodus?

After the withdrawal of seven of the 29 founding members of the Libra Association, the governing council for Facebook’s planned global cryptocurrency, the project’s fate  looks increasingly uncertain. PayPal, Visa, Mastercard, eBay, Stripe, Mercado Pago and Brooking Holdings have backed away from participation on the Libra Association; their hands were …

Have you heard? Audio is the new everything

The rise of audio is a trend that just won’t quit. Suddenly, the world of content is all about asynchronous audio. Podcasts are the new blogs. Audiobooks are the new eBooks. Smart speakers and virtual assistants are the new search. The most important first step in staying on top of …