This Airline Just Started Using an Ethereum Blockchain to Issue Tickets

Authored by Tom Ward via Futurism, Russian magazine Kommersant has reported that the airline S7 began selling tickets using an Ethereum blockchain on Monday. The country’s largest private financial institution, Alfa-Bank, is supporting the move, which was...

CEO: Ethereum Could Challenge Credit Card Companies In “A Couple of Years”

Ethereum co-founder Vitalik Buterin believes the blockchain-based platform has the potential to rival financial institutions like Visa in scale. Before it can, however, it needs to increase the speed with which...

Someone in 2010 Bought 2 Pizzas With 10,000 Bitcoin. That Would Be Worth $20...

Authored by Rob Price via Futurism, On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin. Laszlo Hanyecz bought these pizzas for 10,000 bitcoins...

Bitcoin is Now Worth Nearly Three Times the Price of Gold

Authored by Patrick Caughill via Futurism, Gold is often seen as an investment “safe-haven” due to the long term stability of the commodity. It is also often used as a standard by...

Here’s How Blockchain Will Eliminate Middlemen And Usher in a New Paradigm

The first marketplaces date back to the mid-1500s. Brokers, moneylenders, and citizens would go to a specific physical location — often a city square or centrally known area — to buy...

Is Bitcoin A Commodity or a Currency?

There is a lot of debate swirling of how we should all be classifying bitcoin and other crypto currencies. The head of South Korea's central bank has ruled out classifying bitcoin as...

Goldman Sachs Sees Bitcoin Price Consolidation Around $8,000 Before Heading Up

Goldman Sachs is very interested in Bitcoin.  This summer, Goldman's research department began regular updates on Bitcoin's price movements.  In October, they announced they are exploring a new operation for trading...

What Would Happen if Cryptocurrency Became More Popular Than Cash?

Authored by Brad Jones via Futurism, For a time, Bitcoin seemed unassailable in its dominance of the cryptocurrency market, being the first digital currency to really take root and establish itself in the...

Will People Actually Use Lightening Network On Bitcoin Blockchain

Bitcoin has a scaling issue, if mass adoption for use as a transnational currency is the plan.  With the latest on-chain scaling attempt (Segwit2x) having been aborted, all eyes are on...

Is Investing in Bitcoin and Other Cryptocurrencies Worth the Gamble?

Authored by Aziz Bin Zainuddin via Futurism, The Technology Behind Cryptocurrencies The creation of Bitcoin back in 2008 fueled the exponential growth of the cryptocurrency ecosystem, facilitating the creation of a rich diversity...

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Vladimir Putin Is Doubling Down On Ethereum

After years of development and flickering just outside of mainstream consciousness and acceptance, Ethereum, is being embraced as the new darling of the world’s largest...

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