MovieCoin, which describes itself as “a next-generation financial technology company … [that] leverages blockchain technology, digital assets and proprietary applications” for the media and entertainment industry, has just launched its public presale. The presale, with a hard cap of 10,000 Bitcoin (BTC), follows a private presale that reached its soft cap of 2,000 BTC. The company will accept Ethereum (ETH), Bitcoin and Bankex (BKX) tokens during this public presale period. The minimum commitment is 5 BTC or equivalent. Continue reading MovieCoin’s Public Presale For Blockchain-Based Technology

The Depository Trust and Clearing Corporation (DTCC), the “back end” for much of Wall Street trading, is replacing a central database with Bitcoin-inspired software. The New York-based DTCC records and reports almost every stock, bond and valuable derivative trade in the U.S. IBM, already experienced in blockchain technology, is leading the DTCC software transition, which is slated to be functioning by early 2018. The shift marks Wall Street’s most serious effort thus far to adopt Bitcoin’s underlying technology. Continue reading Wall Street Adopts Blockchain Technology to Record Trades