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Can AI run a traditional bank with no staff?

December 14th, 2016 at 7:13 pm » Comments Off

The Milan-London startup connection is getting stronger. After MoneyFarm and Soundreef, yet another promising Italian startup, Euklid, is opening up shop in the UK capital, moving its headquarters to be part of the city’s vibrant ecosystem.



Venezuelans turn to bitcoin as the bolívar crumbles

November 3rd, 2016 at 12:46 pm » Comments Off

Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while inflation has shot up as much as 15 times. That’s according to best estimates, since official […]



Citi expecting trillion-dollar virtual reality market by 2035

October 27th, 2016 at 7:41 am » Comments Off

There are numerous researches indicating virtual and augmented reality market to grow in exponential rates. A recent report by Citigroup is taking this even further. The analysis unit of the investment group, Citi GPS claims virtual and augmented reality technology can be a trillion-dollar industry by the year 2035.



Six Global Banks Lead Standardizing Global Payments via Blockchain

September 28th, 2016 at 6:37 am » Comments Off

Starting a modern payments network underpinned by Ripple and supported by rules and governance for global settlement. Ripple, which earlier this month completed a $55 million Series B financing round, has announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed ledger (blockchain) financial technology.



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