Industrial-Scale Adoption of Blockchain Likely in 1-2 Years, Says CEO of Russia’s Largest Bank

Twitter Facebook LinkedIn Industrial-scale adoption of blockchain technology will surge in the next year or two. That’s the prediction of bitcoin advocate Herman Gref, the CEO of Sberbank — Russia’s largest bank and the third-largest bank in Europe. Gref said the hype surrounding blockchain has waned a bit, but its many uses will be applied in the near future. In other words, blockchain has moved beyond theory and is ready to be put into practice. “The hype surrounding the technology has passed, and it has entered a stage of industrial development,”…

Despite Increasing Adoption, LTC/USD Likely to Test $30

Latest Litecoin News In proof-of-work networks, hash is everything. Because of this, Coinmine is desirous of complete decentralization in line with blockchain dicta. As such, the startup with backing from CoinBase and Arrington Ventures is taking crypto mining to homes as their flagship rig—Coinmine One is power efficient—at 120 watts, easy to use—it has its own operating system and use GPU chipsets (AMD RX 570 (4GB)). Just preordered my @coinmine miner. This should be interesting. I always wanted to mine but I hated the inconvenience. Now I have no excuses…

Regulatory Clarity Will Drive Crypto, Blockchain Adoption

Twitter Facebook LinkedIn Commenting on the importance of regulation in the technology sector, Brad Garlinghouse, CEO of Ripple, said that introducing regulations will lead to blockchain and cryptocurrency adoption. Garlinghouse made these remarks while talking to the Deputy General Counsel, Ross Leckow, of the International Monetary Fund (IMF) at the Singapore Fintech Festival. The topic of their discussion revolved around the regulatory frameworks emerging in the Association of Southeast Asian Nations (ASEAN). Some of the ASEAN members include Singapore, Indonesia, Thailand, Malaysia, Philippines, among others. The Importance of Internet of Value “Regulatory clarity…

Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.” The firm underscores that the benefit of crypto airdrops for consumers are that they are…