Activists Use Crypto to Protect ‘Rap Against Dictatorship’ from Government Censorship

Anti-government activists in Thailand are using crypto tech to help prevent authorities from censoring “Rap Against Dictatorship,” a controversial music video that has gone viral in the country. The video, which excoriates Thai government and military authorities on a number of social issues, has achieved runaway success in Thailand, amassing more than 28 million views on YouTube since it was released on October 22. Continue reading Activists Use Crypto to Protect ‘Rap Against Dictatorship’ from Government Censorship

BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain

Two European and one Japanese bank one have completed the first blockchain-based syndicated loan.

Together with France’s BNP Paribas and Japan’s Mitsubishi UFJ Financial Group, Spain’s banking behemoth BBVA utilized a private blockchain network in arranging a syndicated loan amounting to US$150 million for grid operator Red Electrica. Initially reported by the Financial Times, legal advisers were also granted access to the private blockchain network allowing instant exchange of information among all the parties to the deal. Continue reading BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain

$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom

ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $21.7 trillion as of November, will inevitably cause a big spike in crypto.
“When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can’t possibly ever pay it back and thus must print it instead, and thus fiat is doomed. Watch what happens to crypto.” Continue reading $20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom

Aeron releases app upgrade that enables pilots to create and submit flight plans

Aeron is a startup firm dedicated to improving aviation safety through a blockchain-based solution. The company has developed the Aeron Pilot app, which records flight history on the Ethereum blockchain. Continue reading Aeron releases app upgrade that enables pilots to create and submit flight plans

Crypto Currency Market News