Fintech

Blockchain has to overcome these issues to be a successful global payments platform

Blockchain transaction volumes are small compared to global payments platforms. However, they are reliable, and have grown rapidly over the past several years. Ethereum (ETH) and Bitcoin (BTC) are the two major public blockchains in use. BTC is primarily associated with cryptocurrency transactions ...

Canada is playing catch up in fintech sector, KPMG report finds

Image courtesy Trulioo.   A new report finds that while Canada lags behind other countries in the fintech sector, it’s catching up fast by taking the right steps to nurture innovation in the financial services space. KPMG has released its “Pulse of Fintech” report, finding that strong inve ...

John McAfee is crazy but is his prediction about bitcoin nuts?

Has John McAfee lost the plot on bitcoin or could he be right that the cryptocurrency could hit $1 million dollars in a couple of years? Bitcoin managed to escape last week’s dramatic plunge in the global markets, but the currency still languishes below $9,000 USD, after hitting a high of over $1 ...

The cryptocurrency mining market is surprisingly small

  Bitcoin (BTC) and Ethereum (ETH) are generated by a process called “mining”. Here we look at the size and scope of the overall cryptocurrency mining market. It’s surprisingly small. We recently surveyed the top 100 cryptocurrencies by market cap and only 28 are mineable. The market is ...

Episode 70: Using Psychology to Help Machines Better Understand Our Words

In the not too distant future, talking machines will become a part of our everyday life. After all, we’re already talking to Siri, Google Home, and Amazon Alexa. Before we know it, those conversations will extend to other things too. Of course, in order for people to really trust machines, there ...

Millennial investors should pick weed stocks over cryptocurrencies, investor Brett Wilson says

Brett Wilson on BNN, February 7, 2018. He’s made millions in the oil patch, but investor Brett Wilson has some advice for those three decades his junior: stay away from one of the two currently hot sectors. On the surface, cannabis and blockchain have at least one thing in common: they’re th ...

Buy Goldmoney to profit from a crypto bounceback, Mackie Research says

Goldmoney CEO Roy Sebag. Cryptocurrencies may be in the tank lately but there are still multiple reasons to buy Goldmoney (TSX:XAU) even during the current pullback, says Mackie Research Capital analyst Nikhil Thadani. The soaring heights of 2017 are turning into a distant memory for cryptocurrenc ...

Optimizing the trade-offs between centralized and decentralized platforms

Decentralization maximalists argue that you cannot trust a centralized organization and thus, everything should be decentralized. And thanks to the advances in blockchain technology, that’s now technically possible. These proponents of decentralized platforms can offer up numerous reasons why the ...

Bitcoin slides below $6,000; half its value lost in 2018

Cryptocurrency slides a further 13 per cent ...

Bitcoin rebounds from three-month low in volatile trade

Cryptocurrency briefly slid below $6,000 on Tuesday to its lowest point so far this year ...