business news


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Baidu Launches Plug and Play Blockchain Platform for Dapps

Chinese search giant Baidu has launched a plug-and-play blockchain platform aimed to simplify commercial deployment of decentralized apps.

Baidu HQ

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HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%

An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.

HSBC

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JPMorgan Has Its Own Crypto and It's Starting Real-World Trials

JPMorgan has built a crypto token and it's moving to real-world trials in "a few months," according to a CNBC report.

JPMorgan

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The Race to Represent QuadrigaCX's Creditors May Be Decided Today

Law firms jockeying to represent users of QuadrigaCX will appear before a Canadian court Thursday to see which teams get the nod.

Nova Scotia Court

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Blockchain Analysis Ties 5 Bitcoin Addresses to QuadrigaCX Exchange

Researchers have identified a group of bitcoin addresses that likely belonged to the cold wallets of failed exchange QuadrigaCX.

Gerald Cotten, difunto CEO de QuadrigaCX, alrededor de 2015.

Finanza

Digital Asset Loses Second CTO in 6 Months as Startup Shake-up Continues

James Powell, CIO and CTO of engineering at Digital Asset, has left the enterprise blockchain startup after just six months.

world_trade_center_shutterstock

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Enterprise Ethereum Alliance Is Forming a ‘Token Task Force’

The Enterprise Ethereum Alliance is forming a task force to create business-grade standards for tokenized assets.

ethereum, coins

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Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

MUFG (Shutterstock)

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Pharma Giant Tests IBM Blockchain in Bid to Improve Clinical Trials

Pharma giant Boehringer Ingelheim is set to trial IBM blockchain in Canada to raise the quality of processes and records in clinical trials.

Medical samples test tubes lab

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GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

BTC and yen