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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. at the World Bank. ”

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Deep Dive: Striking A Balance In Digital ID Security

PYMNTS

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data.

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On Radical Markets

Vitalik Buterin

However, markets are socially constructed because they depend on property rights that are socially constructed, and there are many different ways that markets and property rights can be constructed, some of which are unexplored and potentially far better than what we have today. Harberger taxes.

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Fintech Trending: RegTech Reality Check, Blockchain Bandwagon, and IBM’s New Wallet

Fintech Labs Insights

Consider companies like Gremln ( F14 ), which demonstrated a social media platform specifically for regulated industries, and Finect ( F13 ), which unveiled a compliant communication platform for financial professionals. Blockchain Bandwagon. ” Indeed. IBM is launching a regtech subsidiary – Business Insider.

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Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

PYMNTS

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. So, we all know this – chip cards were not going to fix the problem of fraud at the POS.

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A Brief History Of Libra

PYMNTS

It has been about a month since Facebook pulled back the curtain on its vision for Libra – a blockchain-backed cryptocurrency with the lofty aim of connecting the 1.7 The concept behind the project is to draw a hard and fast line between the Libra rails and the currency they support – and the social media network that is Facebook.