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With aid groups looking to deliver funds in the cheapest and most efficient manner, it is not surprising that some incumbents are searching for alternatives to cash. CoinDesk explores whether bitcoin and blockchain technology could make a difference in the global aid sector.
09 Sep 2015 10:30 am | Yessi Bello Perez
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Day one of the CoinDesk Consensus 2015 Makeathon brought together more than 60 participants with the goal of developing new solutions with blockchain tech. In total, 16 teams were able to develop solutions focused on financial inclusion or financial infrastructure, with interesting early solutions emerging.
08 Sep 2015 11:27 pm | Pete Rizzo
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A longtime White House official recently discussed the blockchain as a mechanism for a universal cashless system. In interview, Dr Harald Malmgren said that blockchain technology is likely to be leveraged in order to create a "universal cashless system" by the world’s central banks.
08 Sep 2015 09:33 pm | Stan Higgins
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Digital currency exchange ShapeShift.io has raised $1.6m in new funding. As reported by TechCrunch, the round drew support from Digital Currency Group and bitcoin entrepreneur Roger Ver, as well as several angel investors including Bruce Fenton and Michael Terpin.
08 Sep 2015 06:00 pm | Stan Higgins
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The CEO of Westpac Group, one of Australia's 'Big Four' banks, has claimed it is "too soon" to panic about bitcoin. At a strategy briefing in Sydney yesterday, Brian Hartzer said the future of the technology – which has a number of "limitations" – is currently uncertain.
08 Sep 2015 04:52 pm | Grace Caffyn
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Bitcoin Group is making its third attempt to IPO this November. The Melbourne firm first announced it would pursue an initial public offering on the Australian Securities Exchange last October, however it had been scolded by the regulator in February, later receiving two stop orders on its investor prospectuses.
08 Sep 2015 02:09 pm | Grace Caffyn
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