Tag: DNB

DNB’s Vipps App Makes Buying Bitcoin In Norway Inadvertently Easier

It is good to hear that buying Bitcoin has become significantly easier in Norway. Contrary to what people may expect, this is made possible thanks to DNB launching their new mobile app. Vipps allows users in Norway to transfer money by using a mobile phone number as the recipient. BitcoinsNorway, one of the largest local cryptocurrency exchanges, enabled Vipps support yesterday. This is a positive development, but it will not affect …
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Dutch Central Bank Examines Blockchains and May Launch Own Digital Currency

In a recently-published annual report for 2015, the Dutch Central Bank (De Nederlandsche Bank) dedicated an entire section on blockchain and fintech innovations. The section titled Block Chain Technology Look Promising, explained that this innovation may hold the keys to cutting down transaction costs in the financial system. The report highlighted the ability of blockchain-based payment system to speed up the settlement time of transactions, as well as improve transparency. …
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Going Cashless In Norway Means Giving Banks Complete Control

There are a few countries around the world where cash payments are slowly on the way out. Some people are much in favor of this decision, whereas others are wary of giving central banks, even more, control over people’s money by going cashless. The largest bank in Norway wants to put an end to cash transactions sooner rather than later, simply because cash is dangerous and offers no advantages. Pros and …
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