smart contracts Archives | BCTech Report

U.K. Law Commission Researching Law Reform for Use of Blockchain Smart Contracts

26th July 201826th July 2018 BCTechreportbctech, bctech report, blockchain, blockchain contract, blockchain law, blockchain legal, blockchain news, blockchain regulations, blockchain technology, blockchain technology news, blockchain value, corporate blockchain, distributed ledger technology, enterprise blockchain, finance, financial blockchain technology, financial blockchain technology applications, fintech, investing, law reform for use of blockchain, ledger technology, new blockchain law, smart contract law, smart contracts, uk blockchain regulation, uk blockchain regulations, uk government blockchain, uk law commission blockchain, uk law reform blockchain, uk parliament, uk regulator blockchain

Further to the release of a report, the U.K. Law Commission, has begun a formal project researching into law reform for use of blockchain smart contracts in the British legal ecosystem. The agency, set up by Parliament, has dentifyied blockchain technology as a significant area that is seeing uptake, especially in the financial services world. With finance and banking being one of it’s top industries in the UK, and London the world’s largest financial centre. The commission has stated the necessity of reform to remain competitive for enterprise.

american express announce blockchain rewards program

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Hyperledger for Giant American Express Blockchain Rewards Program

24th May 201810th September 2018 BCTechreportamerican express blockchain, american express blockchain rewards program, american express hyperledger, american express membership rewards blockchain, amex blockchain, amex membership rewards, bctech, bctech report, blockchain, blockchain financial product, blockchain loyalty program, blockchain news, blockchain rewards program, blockchain stock exchange, blockchain technology, blockchain technology news, blockchain value, distributed ledger technology, enterprise blockchain, finance, financial blockchain technology, financial blockchain technology applications, fintech, hyperledger, Hyperledger blockchain, hyperledger fabric, smart contracts

American Express’ Membership Rewards, one the world’s most recognised loyalty programs, have announced that they are upgrading part of their merchant services to a blockchain rewards program integrating the Linux Foundations Hyperledger and smart contracts.

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Ethereum Founder Launches DAICO ICO Model 2.0

1st May 20181st May 2018 BCTechreportbctech, bctech report, blockchain, blockchain funding, blockchain news, blockchain technology, blockchain technology news, crowd funding, cryptocurrency, daico, daico ico, DAICO ICO 2.0, decentralised, decentralized, distributed ledger technology, ETH, ethereum, finance, financial blockchain technology, financial blockchain technology applications, fintech, funding, ico, ico 2.0, icos, initial coin offering, investing, smart contracts, vitalik buterin

Ethereum Founder, Vitalik Buterin has launched DAICO a new ICO model that merges the concept with DAOs, to increase security. By integrating a Smart Contract, token holders are now able to control the release of funds through a voting system, or indeed vote to close and refund at any time. DAICO could abolish the “pump and dump” ICO epidemic, increasing its potential. The world’s first Daico token offering has launched with ‘The Abyss’, a video game developer.