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TuesdayJan 09, 2018 9:00 am

Bitcoin’s Rise Speeds the Adoption of Cryptocurrency-Based Payment Solutions

CryptoCurrencyWire Editorial Coverage: The meteoric rise in the price of bitcoin in 2017, from just under $1,000 to above $15,000 at year-end, has attracted the attention of investors around the world. Powered by the blockchain, the distributed ledger technology which verifies transactions without the need for third-party validation, the cryptocurrency made great strides during the past year in achieving acceptance by businesses willing to accept it as a means of payment. Investors looking beyond bitcoin itself to find companies that stand to benefit from the growing usage of bitcoin for commercial transactions have a number of options to choose from,…

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TuesdayJan 09, 2018 9:00 am

Blockchain Emerging as a New Frontier for the Gaming Industry

CryptoCurrencyWire Editorial Coverage: The overall value of the global cryptocurrency market reached an all-time high of more than $700 billion on January 3, 2018 (http://nnw.fm/0rxFZ), a clear indicator of the increased interest in the adoption of digital currencies and their underlying blockchain technology. Blockchain is already being successfully implemented across various market sectors and is expected to revolutionize a significant number of industries over the next decade, including the financial, healthcare, real estate, legal and gaming industries. Mobile gaming in particular is a promising segment for blockchain adoption, with the fastest growing rate in the whole gaming industry and over…

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ThursdayDec 21, 2017 9:00 am

Blockchain Technology’s Usefulness Promotes Innovation for Wide Range of Industries

CryptoCurrencyWire Editorial Coverage: Though typically associated solely with bitcoin and cryptocurrency, blockchain technology is becoming increasingly important for a wide range of industries – from oil & gas to security and sports betting. As one of the foremost companies on the development front, Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) (VSQTF Profile) invests in and incubates entrepreneurial ventures to take advantage of existing and emerging market opportunities, including the development of blockchain technology in various industry sectors. Other companies involved in blockchain technology development include Marathon Patent Group, Inc. (NASDAQ: MARA), BTCS, Inc. (OTC: BTCS), 360 Blockchain, Inc. (CSE: CODE)…

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WednesdayDec 13, 2017 9:00 am

Revolutionizing Sports Betting by Harnessing the Power of Blockchain Technology

CryptoCurrencyWire Editorial Coverage: Which sporting industry is enjoying explosive growth, both on and off the field? Would you be willing to place a wager on your guess? If you said, “Yes,” to that proposition, you aren’t alone. According to a market research report from Technavio, the sports betting market occupies the largest share in the overall gambling market, accounting for around 40 percent of gambling revenue generation around the globe (http://nnw.fm/4lcAh). Annual revenues are in the region of $400 billion each year, according to the report, but it is also well-known that some critics are concerned about betting’s purported lack of…

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FridayDec 08, 2017 9:00 am

Blockchain Technology Creates Potential for Energy Industry Optimization

CryptoCurrencyWire Editorial Coverage: The stunning rise of bitcoin’s price from under $1,000 at the start of the year to above $11,000 at the start of December has generated an intense scramble by investors to identify opportunities that relate to the cryptocurrency and the blockchain — the distributed ledger that underlies bitcoin. One industry that may be particularly well suited to benefit from blockchain technology is the petroleum fuel market for oil and gas.  Petroteq (TSX.V: PQE) (OTCQX: PQEFF)  (PQEFF profile) is one energy industry participant that believes in the potential of the blockchain, recently announcing a partnership that positions it…

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ThursdayNov 16, 2017 9:00 am

Can Blockchain Technology Revolutionize the Global Oil & Gas Industry Supply Chain?

CryptoCurrencyWire Editorial Coverage: In some of the world’s more dynamic industries, like the oil and gas sector, companies face huge challenges on a minute-to-minute basis. Intraday fluctuations in supply and demand, paired with geopolitical changes accompanied by regulatory complexities, and the overriding need for a management system that tracks purchases and services in a volatile market, are industry-wide issues facing oil and gas producers. Just a few percentage points in one direction or the other can significantly move the needle on a company’s bottom line (http://nnw.fm/R2pvg). Companies determined to make a difference in their own earnings through the use of…

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WednesdayNov 15, 2017 9:00 am

Blockchain to Enable Frictionless Transactions, Transparency to Ease Complexities of Global Oil & Gas Industry

CryptoCurrencyWire Editorial Coverage:  The oil and gas industry has always been a breeding ground for innovation and the adoption of new technologies, like 3-D seismic mapping and hydraulic fracturing. While a majority of such bleeding-edge tech has been implemented in field operations, back-office procedures such as supply chain management have lagged behind. Digital technologies are increasingly being used to increase profit margins via back-office enhancement, providing disruptive advantages to operators at every scale. From augmented reality and predictive financial systems to distributed open-ledgering blockchain technology, the oil and gas industry is evolving to create a major opportunity for aggressive participants…

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