US Company Wants to Track the Gold Supply Chain Using Blockchain Technology

Coming up with more use cases for blockchain technology is not necessarily difficult, although not every use case requires a distributed ledger either. For quite some time now, we have seen interesting synergy between the blockchain and precious metals industries. Emergent Technology Holdings wants to encode the gold supply using blockchain technology later this year. That’s a … Read more

Mandela’s Golden Hands Sell for $10 Million in Bitcoin

A Canadian businessman agreed to sell four gold castings of South African leader Nelson Mandela’s hands. For $10 million in bitcoin, a cryptocurrency firm launching an initial coin offering (ICO) has agreed to the purchase, promising a world tour of the art pieces in an effort to educate more people about Madiba’s legacy.   Also … Read more

Peter Thiel Is Long on Bitcoin, a “Deeply Contrarian Investment”

Paypal. Facebook. Linkedin. Yelp. Those are just a few of the companies billionaire venture capitalist Peter Thiel had an early financial hand in helping bloom. His fiscal judgement is often sought, and Mr. Thiel was keynote guest at The Economic Club of New York’s luncheon hosted by Maria Bartiromo, where he was asked his latest … Read more

Austria Wants to Regulate Bitcoin like Gold and Derivatives

Austria Finance Minister Hartwig Löger is urging both his country and the broader European Union to treat cryptocurrencies such as bitcoin in a regulatory fashion as they do now with regard to gold and derivatives. Also read: How To Regain Control From Nanny Zuck Austria Floats Ideas About Bitcoin Regulation “The cryptocurrencies are in the process … Read more