Tag: new york

NYDFS Grants Another BitLicense to Ripple

New York State Department of Financial Services (NYDFS) issued a new BitLicense to Ripple Labs Inc, the company will be able to sell and hold XRP, Ripple’s native cryptocurrency token.  One year after the New York State authorities began asking companies to apply for a BitLicense -to maintain a proper legal framework-, Ripple Labs has been granted permission to sell, hold, and transact with XRP. Ripple offers a Global Settlement Network. …
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New York Public Transportation Will Not See NFC Payments Until 2021

Innovative payment solutions are not available everywhere in the world at the same time. While Londoners have been able to use NFC payments for public transport since last year, New York residents will have to wait at least a few more years before this functionality comes to fruition. Also read: Is A VC Beneficial To A Bitcoin Or FinTech Startup? NFC Payments Are Difficult To Implement Depending on where one …
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New York Enables the World’s First Peer to Peer Consumer Energy Transaction on the Blockchain

The energy industry took a giant step towards a consumer-run future today (Monday April 11, 2016) when New York start-up TransActive Grid enabled the first ever peer-to-peer paid transaction of energy in the USA. Transactive Grid is a joint venture between ConsenSys and L03 Energy. The Brooklyn-based company is creating a ‘microgrid’ where residents can buy and sell renewable energy. Once rolled out on a bigger scale, the concept could …
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Securities Clearing Giant DTCC to Hold Blockchain Symposium

DTCC, a securities clearing and financial consulting firm, will be hosting a blockchain conference on the 29th of March. The symposium, called “Blockchain: Tapping into the Real Potential”, will focus on distributed ledger tech and its transformative impact on financial systems across the globe. The symposium features a wide array of speakers from regulatory agencies, investment banks, and venture capital firms. Blythe Masters, CEO of Digital Asset Holdings, will be …
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