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Russia’s Biggest Bank Pilots Money Transfer on an IBM Blockchain

Russia’s biggest bank in terms of assets, Sberbank has completed a real- time money transfer over a blockchain that is based on Hyperledger Fabric- blockchain software built by IBM. It is the first and foremost ever payment transaction over blockchain in Russian banking industry. The money was transferred between a payer and the receiver in two different banks with an undisclosed sum. It was completed...

Deutsche Bank Executive: Bitcoin Isn’t Going Anywhere

According to some of the executives at Deutsche Bank, the digital currency is not going anywhere soon and it is here to stay for a long time. The executives of the bank are in agreement over this, at a time when the Bitcoin is continuing to gain in the recent times. Peter Hooper, who is an economist at Deutsche Bank, was seen telling to Bloomberg at the Manhattan global market outlook breakfast on...

Ripple Overtakes Bitcoin Cash to Become the Third Largest Cryptocurrency

After a huge 47 % increase in the value of Ripple in the last 24 hours, Ripple has over taken Bitcoin Cash and has become the third largest digital currency in the market right now with $31 billion market cap. Except for Bitcoin, Ripple’s daily trading volume has surpassed all of the digital currencies of the market over the last two days. Ripple’s daily trading volume doubled that of Ethereum on...

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