Cryptocurrency price fluctuation depends greatly on related news and events around of the World. This week various events including the political proposal in Southeast Asia, a new service for US customers, the expansion of the largest global banks consortium to research distributed ledger technology and the rise of new platforms to make “ Bitcoin CT r: 8 Only” purchases have also had a great influence on the Bitcoin price . And here are some of them. Singapore Prime Minister Said National Banks Can Use Blockchain At the United Overseas Bank (UOB) 80th anniversary dinner, Lee Hsien Loong, Prime Minister of Singapore , commented that Bitcoin and blockchain technology are going to change the banking industry. This statement from Loong suggests a bright future for the decentralized technology within the country. Long’s ten minute speech was concluded with words of support towards blockchain applications within the banking industry: “The operation environment has become more challenging, and on top of that, technology is moving very fast, with new business models disrupting traditional banking. For example, more and more people are making payments through their smartphones, they can pay for taxes , buy movie tickets, shop online, transfer money, pay for goods at restaurants and shops, all on their smartphones. […] And that’s just on the consumer side of the financial services. There are other technologies, like blockchain, which is used for Bitcoin but can also be used for many other applications. […] And our banks must keep up to date with these developments.” BitHappy and OpenBazaar: “Bitcoin Only” Stores Are At The Doors BitHappy and OpenBazaar are positioned to lead the bitcoin goods trading software race, as both platforms prepare for a December launch. Both BitHappy and OpenBazaar look to deploy immediate options to create functional, complete, “Bitcoin only” stores. Marco […]
