Hans Lombardo

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
BitcoinExchanges

BTCXIndia Hits New Trading Volume Daily Record of 480 Bitcoins

AllCoinsNews had a chat recently with Kamesh Mupparaju, CEO of Indian bitcoin exchange BTCXIndia.  The Hyderabad-exchange was the first in India with real-time trading and to adopt security measures with the majority of coins in cold storage .The Reserve Bank of India has not always been positive about Bitcoin, only recently iterating its...
AltcoinsPaymentRemittance

Stellar, Oradian Jointly Make Low-Cost Payment Available to Nigerian Rural Women

Stellar, a cryptocurrency non-profit corporation, and Oradian, a fintech firm providing core-banking software in West Africa, have launched a low-cost live payment transfer network among microfinance organizations in Nigeria. Through the integration of its banking software with Stellar's network, Oradian has made low-cost payments available to a microfinance network with 200 branches and over 300,000 end users,...
Blockchain DApps

Supply Chain Startup Skuchain Gets Funding from DCG, Fenbushi and Amino

Skuchain, a Silicon Valley startup developing blockchain-based logistics applications, has received funding from Amino Capital, Fenbushi Capital, and Digital Currency Group, according to a report in the International Business Times. Using the blockchain, Skuchain has developed applications that facilitate business-to-business trading and supply chain finance, including digital letters of credit...
Blockchain DAppsPayment

Alibaba Considers Blockchain for Alipay’s Cloud Service

It seems that even Jack Ma is hopping on the blockchain bandwagon. Alibaba's Internet payment service, Alipay, revealed at Shanghai's popular YunQi computing conference that it was considering blockchain technology for its cloud services platform. In its Cloud Service 2015 Year in Review published on January 19, 2016, Alipay also highlights the blockchain and...
Bitcoin

E-Coin Gains 100,000th Customer After One Year

E-Coin, the London-based bitcoin debit card company, claims to have welcomed its 100,000th user one year after launching. The company says its user base has grown consistently over the past 7 months, processing now over $2 Million in monthly transaction volume. Supporting USD, GBP and EUR,  E-Coin has issued more...
AltcoinsBlockchain DApps

Microsoft Azure Adds MultiChain, Netki to Blockchain-as-a-Service Platform

Microsoft recently revealed the addition of two new partners, MultiChain and Netki, to its Blockchain-as-a-Service (BaaS) on Azure. MultiChain, a solution developed by UK-based Coin Solutions Limited, enables organizations to rapidly design, deploy and operate distributed ledgers. The platform is so ready-to-use in can enable creation of private blockchains in minutes. These private blockchains apparently overcome bitcoin characteristics...
Exchanges

Liberty Reserve Bitcoin Exchange Founder Pleads Guilty to Money Laundering $250 Million in “Criminal Proceeds”

The founder of Liberty Reserve, a now defunct Costa Rica-based digital currency , pleaded guilty today to running a massive money laundering enterprise, according to US Department of Justice officials. Leslie Caldwell, Assistant Attorney General of the Justice Department’s Criminal Division, and Preet Bharara, US Attorney of the Southern District...
Blockchain DApps

PwC and Blockstream Form Partnership to Deliver Blockchain Tech Globally

Blockstream announced on Friday a strategic partnership with PwC to bring blockchain technology and services to enterprises internationally. Founded by important contributors to the Bitcoin ecosystem, Blockstream is working to extend the capabilities at the Bitcoin protocol level through the development of a sidechains mechanism. With sidechains, the company seeks to expand the Bitcoin blockchain...
Bitcoin

Bitpay Makes Open Source Bitcoin Full Node Available on Microsoft Azure

Earlier in January, Microsoft revealed the addition of Bitpay as a new partner in the blockchain as a service (BaaS) platform on cloud service Azure. The payment service provider's open source Bitcoin full node and development platform Bitcore is now available for Azure users. Bitpay' senior software engineer, Chris Kleeschulte, stated: We built Bitcore to lower the barrier to...
Blockchain DApps

Goldman Sachs Tech Head Sees Blockchain as Solution for Banking Back Office

Goldman Sachs co-head of technology, Don Duet, recently discussed the applicability of blockchain technology for banking y in a podcast from the investment bank titled “The Digitization of Finance.” Duet discusses the idea of implementing blockchains for bank back office infrastructure: The ability to have a technological solution that enables multiple counterparts to see and enact upon...
BitcoinEquities/Derivatives

First Global Credit Recruits Trading Talent for Bitcoin-Subsidized ‘Private Trading Group’

A week after announcing support for bitcoin-backed trading of LSE shares, First Global Credit says it is recruiting trading talent for membership in its 'Private Trading Group', which provides access to a professional grade stock and currency trading account on the Geneva-based company's platform. First Global Communications Director Marcie Terman commented: I am so excited...
Blockchain DAppsEquities/Derivatives

DTCC Calls For Financial Sector Collaboration, Authorities to Play a “Leading Role” on Distribute Ledger Tech

The Depository Trust & Clearing Corporation (DTCC), the US post-trade financial services company providing clearing and settlement services to the financial markets, has released a white paper that calls for financial sector collaboration in developing distributed ledger technologies to "modernize, streamline and simplify the siloed design of the financial industry infrastructure...
AltcoinsBitcoinBlog

The Mixed Results of Digital Currency-Powered Crowdfunding

Recently, I wrote an article about monetizing content production on the Internet that also examined and compared tipping and micropayment options in the cryptocurrency and fiat currency spaces. In the article, I covered two crowdfunding platforms, Patreon and Beacon Reader, as they both were recurring fundraising models and specifically focused...
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