FridayDec 08, 2017 9:00 am

Blockchain Technology Creates Potential for Energy Industry Optimization

CryptoCurrencyWire Editorial Coverage: The stunning rise of bitcoin’s price from under $1,000 at the start of the year to above $11,000 at the start of December has generated an intense scramble by investors to identify opportunities that relate to the cryptocurrency and the blockchain — the distributed ledger that underlies bitcoin. One industry that may be particularly well suited to benefit from blockchain technology is the petroleum fuel market for oil and gas.  Petroteq (TSX.V: PQE) (OTCQX: PQEFF)  (PQEFF profile) is one energy industry participant that believes in the potential of the blockchain, recently announcing a partnership that positions it…

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ThursdayNov 16, 2017 9:00 am

Can Blockchain Technology Revolutionize the Global Oil & Gas Industry Supply Chain?

CryptoCurrencyWire Editorial Coverage: In some of the world’s more dynamic industries, like the oil and gas sector, companies face huge challenges on a minute-to-minute basis. Intraday fluctuations in supply and demand, paired with geopolitical changes accompanied by regulatory complexities, and the overriding need for a management system that tracks purchases and services in a volatile market, are industry-wide issues facing oil and gas producers. Just a few percentage points in one direction or the other can significantly move the needle on a company’s bottom line (http://nnw.fm/R2pvg). Companies determined to make a difference in their own earnings through the use of…

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TuesdayNov 14, 2017 1:30 pm

Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) Subsidiary to Acquire 49.9% Interest in Coinstream Mining Corp.

BLKCF creates a mining division, plans ‘spin-out’ listing for its subsidiary, Global Blockchain Mining Corp. Global Blockchain Mining Corp., as part of the agreement, will exchange 3.8 million shares of its common stock for 49.9% interest in Coinstream Mining Corp. Transaction also calls for BLKCF’s subsidiary to make investment in Coinstream, the world’s first cryptocurrency streaming company Global Blockchain Technologies Corp.’s (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) subsidiary, Global Blockchain Mining Corp., has entered into an agreement to acquire a 49.9% interest in Coinstream Mining Corp. in exchange for 3.8 million common shares of Global Blockchain and other conditions, BLKCF…

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TuesdayNov 14, 2017 11:08 am

Bitcoin Recovers its Luster Following Wild Ride

Anyone who appreciates the thrills and chills of riding a great rollercoaster understands that it’s the heart-stopping heights and jaw-clenching lows, followed by yet another shot into the stratosphere, that make you get on that ride - over and over again. Bitcoin’s recent wild ride is keeping investors on their toes as the cryptocurrency shakes off a 25 percent drop from last week’s high of $7,721 to a startling low of $5,617 on Sunday. As of this writing, Bitcoin remains choppy, with trades changing hands for $6,571.30. Bitcoin’s market capitalization, or the total value of all the virtual coins in…

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FridaySep 29, 2017 11:50 am

Luxury Utah Home for Sale Now for a Mere $2.9 Million in Bitcoin

Bitcoin, the digital currency at the center of some trade volatility after the Chinese government issued its clamp down order on the cryptocurrency, is surviving nicely, as prices rose above the $4,100-mark on Thursday. Believers in the virtual currency say that, in spite of several indications that government regulations are going to be part of its future, there are plenty of opportunities to use bitcoin now to purchase tangible assets. Case in point – if you happen to have $2.9 million in bitcoin lying around in your virtual wallet, you could use it to buy a luxury, 5,000-square-foot, seven bedroom,…

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TuesdayAug 15, 2017 9:00 am

Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency

CryptoCurrencyWire Coverage: Within America’s explosive legal cannabis market—projected to potentially reach a staggering $50 billion valuation by 20261—legal uncertainties and blockades continue to pose challenges. One of these challenges is a lack of banking options for marijuana merchants, who are largely forced to conduct cash transactions, as cannabis businesses currently do not have the backing of the FDIC and, consequently, do not have access to traditional banking options. Necessity is the mother of invention, and enterprising companies are endeavoring to skirt federal restrictions and provide cannabis companies with innovative financial transaction options to meet their growing needs. One company racing…

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FridayJun 16, 2017 8:50 am

Net Element, Inc. (NASDAQ: NETE) CEO Discusses State of Global Fintech Industry at E2Exchange Event

The state of the global financial technology industry, new commerce models and payment processing platforms were the main topics of discussion approached by Net Element, Inc. (NASDAQ: NETE) CEO Oleg Firer during a special event organized by UK’s entrepreneurial network E2Exchange Ltd (E2E) on Wednesday, June 14. The event was part of the British organization's Leaders Series Breakfast at the House of Lords in London and was hosted by Lord Karan Bilimoria CBE, DL, who is also board director of the E2E, chancellor of Birmingham University and co-founder of Cobra Beer. During the Breakfast at the House of Lords event,…

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