Vinny Lingham news

CEO @CivicKey ($CVC), building global blockchain ID platform. General Partner @multicoincap/@newtownpartnersExpect Crypto/Bitcoin tweets, often sarcastically. Active since 2011.

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Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000

Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000 Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000. In an interview, Lingham, who had previously forecast BTC/USD to trade between $3,000 and $6,000 in the coming months, said the… The post Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000 appeared first on Altcoin Today.
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Vinny Lingham: Crypto Market Won’t Recover Anytime Soon

Vinny Lingham, a general partner at Multicoin Capital and the CEO of Civic, believes the crypto market won’t recover any time soon. He said: The crypto market will rise again, but most likely only when the pain of the recent fall becomes a distant memory. Don’t underestimate the power of psychology in free markets. Why The post Vinny Lingham: Crypto Market Won’t Recover Anytime Soon appeared first on CCN
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Vinny Lingham Predicts Bitcoin (BTC) Price Testing $3,000, No Real Crypto Market Momentum Yet

Civic cryptocurrency CEO, Vinny Lingham, has predicted the value of Bitcoin (BTC) to drop below the $3.000 USD mark before facing a bullish momentum. The serial entrepreneur and a shark in South Africa’s Shark Tank also explained his decision to transfer the funds raised through crypto to cash. The $3,000 Mark Is Key For BTC The last 48 hours has seen a drop in the price across the cryptocurrency industry as most coins lost over 15% of their value. Bitcoin, mostly the catalyst to the falling prices, currently trades at $3,665.23 across major exchanges, representing a 10% drop in price in the past 24 hours. The drop will however not stop here according to Vinny who expects a further drop in price towards the $3,000 region in the coming months. Speaking to Cheddar vlog, Lingham said, “I think there is a good chance we’re going to retest $3,000 as a low. There is a good chance we’ll probably break through that if it heads that low.” With bitcoin continuing its freefall and dropping below $4,000, what can be expected in the coming months? @CivicKey CEO @VinnyLingham joins #CheddarLIVE to examine the scenarios for the market. pic.twitter.com/6vLnoOgnPA — Cheddar (@cheddar) January 10, 2019 The prices in the market have remained relatively stable at $3,000 to $4,500 in the past few months leading to skepticism about the future of Bitcoin. Vinny further commented on this saying that the sideways movements of price are likely to continue in the coming months as investors wait for an upward trend. Sideways trading in early 2017 was followed by a strong bear momentum hence the question if the current level of price would be bad or good for the digital asset. In a witted response, Vinny Lingam explained that bitcoin has had several bullish and bearish trend during its decade long history. More investors get on board when the prices are starting to rise which will cause an uptick in price. However, the current level trading we are experiencing may do more harm than good to BTC’S price. He said, ”Sideways trade doesn’t really help us because at this point in time we have more sellers than buyers – people trying to get out from ICOs etc. and that’s a problem. There’s no real momentum into the crypto market right now.” The Cash Motive For CivicKey Project The touch on ICO’s was expanded by the journalist who asked Vinny why he chose to transform CivicKey’s ICO funds to cash instead of keeping them in crypto. The current bear momentum has seen many projects lose the funds they raised as they kept their funds in cryptocurrencies. Lingham policy on cashing out his ICO funds in 2017 was bashed by certain sectors of the crypto community but it is reaping benefits today. “I think more companies in the space have to tighten their belts and make sure that they have enough run way to get their product to market.” – Vinny Lingham, 2019 However, the CivicKey founder cautioned projects including CivicKey against sitting on the idle cash but to use it to develop its systems. Furthermore, he urged the efficient use and management of company resources and expenses to avoid the companies going down.
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Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000

Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000 Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000. In an interview, Lingham, who had previously forecast BTC/USD to […] Cet article Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000 est apparu en premier sur Bitcoin Central.
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Civic CEO Vinny Lingham: “Bitcoin (BTC) to Drop Below $3,000 USD Before a Bull Run”

Civic’s CEO, Vinny Lingham appeared on Hodler’s Digest to speak on the current state of affairs in the cryptocurrency industry. Civic is a blockchain dedicated to offering the user a secure identification through the “Security Identification Ecosystem” Vinny Lingham is well known for his efforts to increase awareness of the cryptocurrency industry on social platforms. He had strong predictions for Bitcoin during the YouTube show, stating the current $4,000 USD mark will drop to $3,000 USD soon before things get better for BTC. Despite his previous bullish predictions on BTC, Lingham stated that BTC price will range at $3,000 USD to $5,000 USD before plummeting to $2,000’s region. He further stated BTC will stabilize in the $2,000 range for a minimum of three months before a bullish momentum takes effect on the coin. Well, predictions on a volatile asset like cryptocurrencies are likely to not happen especially in the long term. Cryptocurrency markets are very speculative at the moment which has seen investors shy away from investing in the field. Last year in particular saw a huge selloff in the cryptocurrency industry as investors existed the market. Vinny Lingham sees the speculative nature of the industry as part of the ‘adoption cycle of cryptocurrencies’ and will soon be replaced by the real use of cryptocurrencies in the near future. Lingham further explained the prediction for a fall in BTC’s price on the overall scams present in the market. The current crypto winter will wipe off most coins in 2019 as they offer no real use cases. As Warren Buffet once said, “We know who swam naked once the tide is low”. Cryptocurrency projects will need to develop projects that solve real life problems while offering an efficient, secure and transparent platform according to Lingham. The industry specialists remain divided on what direction the price of BTC will follow. And according to technical data from CryptoPatterns’ Jon Pearlstone, Bitcoin is “showing multiple bullish signs” that may allow the asset to retest $4,500 in the near future.
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Crypto Author Says Vinny Lingham’s Civic Blockchain ID Service Is Grade A Example Of Token Failure

Civic's Token As An Example Of Why Companies Should Not Masquerade As Tokens Since the crypto space started gaining attention, there were multiple attempts to approach it, and not all of them were equally successful. Vinny Lingham's identity system Civic, founded in 2015, is a good example against token-based approaches that companies might choose to take. Lingham has been a Bitcoin supporter for a long time, which was noticeable even in time of his previous gift card firm, called Gyft. In 2016, he raised around $33 million in funds via ICO. Participants of the ICO (tens of thousands of them), were placed in a queue and were allowed to purchase CVC tokens randomly, regardless of when they joined the ICO. The price per token was $0.10, and the ICO sold 33% of its 1 million coins, with another 33% percent retained by Civic's own team. The last 33% were used to incentivize the community, while 1% was left for running the sale. Civic And CVC The question on everyone's mind at the time was — why would Civic do this? What use would a centralized firm have from a token? Their whitepaper does not explain this dilemma, as it spends more time explaining the digital identity industry and the way blockchain works. There were some plans that talked about creating utility via its use as an ecosystem token. After looking into the token's potential use cases, it was discovered that it can be used for making payments. However, this solution was also not good enough of a reason, as there are many other methods that are better for making payments. There are stablecoins which are more stable, Bitcoin, which is decentralized, and even the USD which could serve the purpose. The whitepaper states that CVC can be used in different jurisdictions, as well as that using blockchain-based assets allows users to perform automatic settlements through smart contracts. Again, this can also be achieved with already existing coins. Another reason is the creation of a stable cryptocurrency which will have the ability to protect the ecosystem from volatility. This also did not work, and the coin has lost 96% of its all-time high and is currently trading at half of its ICO price. Civic seemingly had a wrong impression regarding the token industry, with the company believing that it will be able to “manage incentives”, which just resulted in token giveaways and attempts to buy people and have them build things with their tech. Another reason why they may have kept the tokens is to use them for reducing the cost of KYC verification, which will make them more interesting to potential partners. Lingham even mentioned in an interview that a giveaway-based growth model (one that almost destroyed PayPal) might work for Civic. In another blog post, he explained how the growth of a certain network, and especially its transaction volumes, will create more utility in a token. The conclusion that Civic apparently came to is that the token price will keep growing forever due to its fixed amount. However, things do not work that way, and there is no guarantee that an increase in demand will lead to a price surge. According to experts, nothing in the entire Civic project hints that the coin should ever reach any impressive worth. However, despite everything, CVC continues to enter partnerships, although it should be noted that all of Civic's partners are working with other blockchain and crypto projects as well. After this year's backlash against payment tokens, Civic decided to create another white paper which adds staking to the process. This is another mistake that desperate blockchain projects often tend to try in order to create more robust mechanisms for capturing value. In the end, many believe that Civic could have been a successful identity startup, but that it made a lot of bad decisions due to the market situation in 2017. It is certainly not the only one to do this. However, it is important to note that not every company needs to become a crypto or blockchain project. There are those who can succeed at it, although there are also countless token-less models that can be much more promising.
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Crypto Projects Like Dentacoin and Paragon Have Tainted Civic CEO Vinny Lingham’s Image

As Vinny Lingham’s Civic entered a partnership with Dentacoin, eyebrows were raised on the CEO’s decision. Dentacoin was recently unveiled as the first partner of Civic (CVC), who rolled out their own blockchain-based version of Google and Facebook login authentication. With the Civic Connect app, internet users can securely log in to websites without inputting their personal details. Instead, users make a Civic ID upon initiation, which is then used to gain access to various websites and applications. Dentacoin is now the first to adopt the login verification system within its decentralized dental care network, and both the Dentacoin (DCN) and Civic (CVC) token prices took sudden lurches upwards as the news rolled out. Notably, Dentacoin had gained a tainted reputation in the past few months. Journalist Meltem Demirors had noted: “But the realities of this market are pretty interesting: – raising money is still as easy as its ever been – building shit is still as hard as its ever been – any time there’s even a mild market rally, more shitcoins flood the market and consume all value how is this possible?” She added that every project treats token holders (ie humans) like machines. Tokenomics would have you believe if you put a token in a human, you get out a function. that’s not how people work. no amount of free dentacoin will make me use dentacoin. Demirors’s final thought is that it’s just too early to be able to make reliable predictions about the market. The market is too raw just yet. Her own energy is focused on improving the ecosystem as a whole. Others on Twitter took note too. Basically the same announcement – REKT pic.twitter.com/jgd0FXj97Y — dark pill (@DanDarkPill) December 13, 2018 In order to address these criticisms, Dentacoin noted: “This is another great step forward towards creating a seamless UX and authentication across all our tools. Leave your username and password in the past, for CivicConnect and Dentacoin are here to take you to the future.” In January CNBC had addressed Lingham as the “Bitcoin Oracle.” He had said: “When I look at it from a product standpoint, I think the greater demand is for peer-to-peer cash than digital gold.” This was one of the worst PR moves by the CEO as it had come back to haunt it many time.
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‘Stop Calling Him Oracle’: Paragon, Dentacoin and BCH Haunt Vinny Lingham

Civic CEO Vinny Lingham is the subject of no confidence calls this week after his startup partnered with controversial blockchain entity Dentacoin. Dentacoin Goes For Damage Control Lingham, who raised $33 million for Civic in an ICO last year, had remained largely quiet regarding use of the funds, the ongoing cryptocurrency bear market taking a heavy toll on its CVC token 00 which currently trades at record lows. Netherlands-based Dentacoin, which itself has gained a dubious reputation over the legitimacy of its operations, will now use Civic’s services to authenticate candidates for its dental health training. News of the partnership immediately saw mixed reviews, CVC investors having eagerly awaited news of a turnaround move which would increase their fortunes. On Twitter, users drew parallels between Dentacoin and Civic’s earlier deal with Cannabis startup Paragon in August. Paragon, which likewise raised a significant amount via an ICO, had made little progress beyond token gestures such as opening coworking spaces, Bitcoinist reported. Last month, the US Securities and Exchange Commission (SEC) succeeded in ordering Paragon to repay millions of dollars in contributions and fines over failure to comply with securities laws. Dentacoin was forced to respond to the barrage of criticism. “This is another great step forward towards creating a seamless UX and authentication across all our tools. Leave your username and password in the past, for CivicConnect and Dentacoin are here to take you to the future,” an official wrote. We are proud to be the pioneering project for CivicConnect. This is another great step forward towards creating a seamless UX and authentication across all our tools. Leave your username and password in the past, for CivicConnect and Dentacoin are here to take you to the future. — Dentacoin (@dentacoin) October 22, 2018 Delphic Oracles Paragon and Dentacoin are just the latest PR battles in what has been a troubled year for Lingham. In January, the entrepreneur publicly said altcoin Bitcoin Cash (BCH) was “undervalued” as altcoin markets reached all-time highs. “When I look at it from a product standpoint, I think the greater demand is for peer-to-peer cash than digital gold,” he told CNBC, referring to Bitcoin Cash over Bitcoin, respectively. CNBC had referred to Lingham with the nickname ‘Bitcoin Oracle.’ In the ensuing eleven months, BCH 00 has split into two chains and lost the vast majority of its value, one chain like CVC trading at the lowest levels in its history. Unsurprisingly, the interview has come back to haunt Lingham, one user appealing to CNBC on Twitter following the Dentacoin announcement: “Please stop calling Vinny the Bitcoin Oracle.” What do you think about Vinny Lingham’s forecasts and Civic partnerships? Let us know in the comments below! Images courtesy of Shutterstock The post ‘Stop Calling Him Oracle’: Paragon, Dentacoin and BCH Haunt Vinny Lingham appeared first on Bitcoinist.com.
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Vinny Lingham’s Take On The Crypto Bear Market: Price Ranges Below $5,000 For 3-6 Months

Vinny Lingham’s Take On The Crypto Bear Market – Price Ranges Below $5,000 For 3-6 Months The cryptocurrency market is in a crisis – there is an ongoing bear market that seems relentless. Bitcoin prices have fallen from an all-time high of over $19,000 and currently, trade at about $3,500. Now Vinny Lingham, the CEO of Civic 00 predicts that the crisis will loom longer before getting better or worse. Three To Six Months Of Speculation Bitcoin prices took a sharp nosedive this month before getting their footing again. Monday also saw a temporary bull market that pushed prices above $4,000 again, but they have since fallen back to the current average of about $3,500. According to Vinny Lingham, prices may hold at this level – or, at least, between $3,000 and $5,000 before taking a decisive trend in either direction. Mr. Lingham speculates that the ongoing range may last between 3 and 6 months. He made these remarks during an interview with CNBC’s Fast Money Segment. He was accompanied by other analysts and crypto entrepreneurs including Tone Vays. Vinny Lingham is himself a crypto entrepreneur. He is the CEO of Civic 00, a new crypto startup that managed to raise about $33 million in an ICO held last year. Interestingly, Mr. Lingham’s cryptocurrencies now trade at figures below the original market cap. Faint Hope, Unsafe Investment Many Bitcoin holders and investors are banking on institutional investors to help the cryptocurrency’s prices rebound come 2019. However, Vinny has bad news with this regard too. According to Mr. Lingham, the current bull market that is comparable to a blip in the ongoing bear market is bad news for the industry. It is a confirmation that the bears will keep on winning – it is also an indication that institutional investors may stay away from Bitcoin in anticipation of worse times ahead. To this end, Mr. Lingham also advised against investing in Bitcoin for the time. “The original narrative that I bought into was that this is a payment network that could compete with Visa and MasterCard at scale… Bitcoin can’t get there because the community has basically blocked a capacity increase from one megabyte upwards,” said Mr. Lingham. False Accusations The popular narrative is that one block is limited to a maximum storage capacity of 1 megabyte. However, this narrative has been disputed after network data revealed that the average block stores more than this capacity of data. That is not all – advances made in the lightning network are helping Bitcoin expand and become more efficient. Specifically, the network’s ability to process off-chain transactions has enabled Bitcoin to increase its capacity significantly, and this trend is expected to continue and pick momentum over time. However, all analysts project that the future is bleak not only for Bitcoin but other cryptocurrencies as well. Conclusion The cryptocurrency markets have never been as volatile as they are now. Bitcoin prices have tumbled significantly and brought down many other cryptocurrencies with them. The overall market has lost over $20 billion. If Mr. Lingham’s words prove true, then the future is indeed bleak for the entire cryptocurrency industry – at least for the short-term.
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Civic Blockchain ID CEO Vinny Lingham: “Bitcoin Will Rebound in the Coming 3-6 Months”

According to Civic CEO, Vinny Lingham, Bitcoin’s immediate future does not hold any amazing economic growth, rather it seems as though the currency is destined to largely remain ‘range-bound’ for the coming 6 months (during which the premier alt-asset could even slide below the $3,000 mark). Speaking about the ongoing financial crisis on CNBC’s Fast Money, Lingham implied many times over that Bitcoin trading will remain restricted between $3,000 and $5,000 for a period of at least 60-180 days (following which some positive momentum may be observed). When questioned regarding whether the price of BTC will side below the $3,000 support level, Lingham mentioned that there will be a “a lot of buying in the short term around that mark.” With that out there, Vinny also went on to say that: “If we do not get out of the crypto sort of bear market cycle in the next three to six months, that $3,000 level could go.” More On The Matter Elaborating on his current financial predictions, Lingham told CNBC that as things stand right now, it is extremely risky for investors to go out and buy BTC. However, this risk also comes with its fair share of potential rewards incase the market does turn in the near future. “I think, the risks right now outweighs the upside in the short term anyway. There will be better opportunities later on. You may have to pay a bit more, but […] buying in at that level [$5,700] or $6,000 in the future would be obviously higher price, but you will be more de-risked if Bitcoin can get back to that level and make a run back to its previous highs.” Lastly, on the issue of the ongoing slump affecting the development of Bitcoin based digital platforms, Lingham said that while it certainly did have an effect on the crypto dev community at large, the real issue that needs to be looked at is the “future proofness” of Bitcoin based technologies. Final Take In regards to Bitcoin being an efficient store of value, Lingham added that the asset “does not” really qualify as an effective long term value storage option (nor can it compete with conventional payment processors such as MasterCard or Visa). It is also worth noting that a couple of days back Galaxy Digital founder Mike Novogratz stated that he is quite confident that the current crypto market will rebound “by next year”. To elaborate further on the matter, Novogratz claims that in early 2019, “the price of most premier alt-assets will start moving upwards again.” If that wasn't enough, he also believes that 2019 will be the year when a whole host of established financial institutions will transition from “investing in cryptocurrency funds to investing in cryptocurrencies proper.”
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ING Bank Settles a 5-Year Deal with R3 Corda Enterprise in a Bid to Transit Its Clients to Distributed Economy

CoinSpeaker ING Bank Settles a 5-Year Deal with R3 Corda Enterprise in a Bid to Transit Its Clients to Distributed Economy As a part of the five-year agreement, ING Bank is set to acquire an unlimited number of licenses for R3’s Corda Enterprise platform. The banking giant plans to implement Corda’s decentralized applications (CorDapps) across its global business infrastructure. CorDapps is a set of blockchain-based pieces of technology that can be used in trade finance, identity, insurance and capital markets. Annerie Vreugdenhil, Head of Innovation for wholesale banking at ING said: “Our longstanding joint journey with R3 has proven that this is the most mature enterprise (distributed ledger technology) solution to serve the needs of the financial service industry. Strengthening our partnership, by signing this licencing agreement, marks a huge milestone towards empowering clients to transition to a distributed economy.” David E. Rutter, CEO of R3, added: “ING has been an enthusiastic adopter of blockchain technology and a valued long-term partner to R3. For example, in trade finance, it was involved in the first live trade on Project Voltron. It was also one of the participants in the first live securities lending transaction on blockchain through HQLAx. As ING takes full advantage of access to Corda Enterprise, we look forward to seeing how the diverse.” The Dutch bank is also involved with commodity trade finance platform komgo. It was one of three original banks in its predecessor Easy Trade Connect. The komgo platform is based on the Quorum blockchain, the JP Morgan version of Ethereum. An ING representative currently chairs komgo, which like Voltron specializes in Letters of Credit. In terms of technology, it’s also participating in a Hyperledger Fabric project. Last week it was announced as a founding member of a platform targeting the mining industry called Minehub. This is a similar strategy to its involvement in the VAKT post-trade blockchain for energy. It enables the bank to have input into shaping the direction and integration for trade finance. The operation was about shipping soybeans from Argentina to Malaysia. HSBC was also involved; the German bank had to send a letter of credit to ING. Back then, the HSBC letter stated that the transaction conducted by R3 had cut short a regular financial operation that usually requires around five or even ten days to complete. With R3 and its blockchain, everything was done within just one day. ING Goes for Blockchain Rutter also confirmed the fact of the long-lasting collaboration between the firms and mentioned that ING was one of the first banks to make a live trade on Project Voltron. The bank was also among the first companies that conducted lending on securities on an open ledger via HQLAx. Rutter also mentioned that R3 is giving the ING bank the green light for an unlimited number of CorDapps to see how this ecosystem can make things for the bank’s business more efficient and profitable. We already wrote of how R3 has received support from five additional banks that joined the company’s project on developing blockchain solutions for the finance industry. ING, BNP Paribas, the Canadian Imperial Bank of Commerce, MacQuarie and Wells Fargo have signed up to the initiative, thus increasing the total number of supporters to 30 banks. Launched in September, the project already brought in such industry players as Bank of America, Morgan Stanley, Citi, Barclays, UBS, Deutsche Bank, HSBC, J.P. Morgan, Royal Bank of Scotland and others. The participants will combine their expertise to create blockchain solutions that will meet reliability and security requirements. ING Bank Settles a 5-Year Deal with R3 Corda Enterprise in a Bid to Transit Its Clients to Distributed Economy
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Xapo Crypto Custody Services Company Moves Major Operations from Hong Kong to Switzerland

The popular services provider Xapo has decided to move to Switzerland after being located for a few years in Hong Kong. Although the company has been operating in the Asian country for a long period of time, Switzerland could offer more friendly regulations in terms of virtual currencies. The company will now be located in Zug. Xapo Arrives At The Swiss Crypto Valley Xapo announced that they are moving to the Swiss Crypto Valley with the intention of having better regulations and offer better services. Although they are not moving all their offices to the city, a major portion of its operations is now being transferred to this place. Hong Kong has been trying to impose new regulations on the crypto market that seem to be harder than in other countries or regions around the world. During the World Web Forum in Zurich, Xapo president Ted Rogers, commented: “It was one thought that Hong Kong was the holy grail of crypto regulations. But it has become more opaque. It’s a reality of this industry that you have to be agile and react to regulatory changes all the time. Swiss regulators are smart, interested and sophisticated in dealing with the financial markets.” Roger went on saying that he does believe that Switzerland is the best place to start a crypto or blockchain company. Xapo has around 250 employees around the world but just 10 are working in Zug. The company held 6.25% of all the Bitcoin (BTC) in circulation. That means that the company held around $10 billion in digital assets at that time. Switzerland is one of the most popular countries for crypto and blockchain companies. Indeed, regulatory agencies in the country have been taking very positive stances towards virtual currencies. There are other countries such as Estonia, Malta or the Bahamas that are also trying to take more open policies towards virtual currencies. According to a recent report released by the Swiss government in December, crypto companies are described as important for the development of the country. Xapo is one of the first companies that offered services related to virtual currencies. At the same time, it is one of the first companies starting its operations from Zug. A few years ago, the company was offering a crypto debit card with Visa. However, after Visa’s decision to terminate its partnership with Wave Crest, the company couldn’t offer the services anymore.
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R3’s Former Chief Sales Officer Joins Blockchain Startup AlphaPoint

R3’s Former Chief Sales Officer Joins Blockchain Startup AlphaPoint Scott Grayson, former chief sales officer at R3, has joined the blockchain services firm AlphaPoint as a senior vice president for institutional sales. Grayson will be working with large institutions like banks, brokerages, exchanges and private equity firms that want to tokenize assets such as real estate,… The post R3’s Former Chief Sales Officer Joins Blockchain Startup AlphaPoint appeared first on Altcoin Today.
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ING Bank Teams Up with R3 in a Five-Year Blockchain Deal

ING Bank, a major Dutch International bank, has just announced that it has signed a five-year deal with R3. R3 is an enterprise blockchain consortium that holds a commercial blockchain platform. R3 released the news in a press release yesterday. ING Bank Takes on Blockchain R3’s commercial blockchain platform is called Corda Enterprise. This new five-year deal allows ING Bank a number of licenses for Corda and can roll out access to the platform. Corda will be rolled out through ING Bank globally and seek to deploy production-ready CorDapps across various business areas. CorDapps ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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ING Bank, R3 Ink Deal for ‘Unlimited’ Corda Blockchain Deployment

ING Bank, R3 Ink Deal for ‘Unlimited’ Corda Blockchain Deployment Dutch banking and financial services group ING has inked a five-year licensing deal with blockchain consortium startup R3 for use of its Corda Enterprise platform. R3 announced Tuesday that the deal will provide ING with an “unlimited” number of licenses for the Corda platform, allowing the bank… The post ING Bank, R3 Ink Deal for ‘Unlimited’ Corda Blockchain Deployment appeared first on Altcoin Today.
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