Blockchain technology really is beginning to reach critical mass in banking and other business applications. On the other hand, bitcoin is the cryptocurrency that Wall Street loves to hate. It  keeps getting bashed although it has hovered around the $6,000 trading level and there are some bitcoin boosters out there.

In today’s blockchain business cases post, we look at the buzz growing around the world as blockchain technology is put to work to solve some nagging  problems in banking and business.

Blockchain buzz: Latest blockchain business cases from around the world

Research from CB Insights shows more than 50 substantial projects supported by multinational banks including Goldman Sachs and Citi. MasterCard has opened access to its B2B blockchain payments platform, promoting it as a time and money saver for business. American Express has a patent application for a blockchain process to help manage their rewards program. UTRUST hopes to make cryptocurrency payments simple for business and consumers. Read more…

Bitcoin: Are we there yet?

Are institutional investors and big banks ready to embrace bitcoin? It doesn’t seem so as the bitcoin bashing continues by Wall Street and multinational bankers. But there are signs that hedge funds are starting to look at the possibilities of cryptocurrency investment vehicles. Clearly the consumer is more than ready and there’s money to be made for the risk takers and the bitcoin boosters.  Our post today gives you with fresh perspectives.

Cryptocurrency news: The latest buzz about bitcoin as it hovers near $6,000

A report from Autonomous NEXT highlights institutional investor concern over volatility, liquidity and lack of regulations on cryptocurrencies. Prince Al-Waleed tells CNBC bitcoin is Enron all over again. ECB President Mario Draghi says bitcoin is not yet “mature enough” for regulation. Yet, billionaire Mark Cuban is backing sports betting startup Unikrn, fresh from a $31 million ICO. ARK Investments CEO Cathie Wood says bitcoin is a bigger idea than Apple and Amazon and we’ve got lots more opinion and insight. Read more…

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