A brief review of the main European news about Blockchain, Bitcoin and other related topics.
- Transactions will become safer
The acquiring company ECommPay - the member of MasterCard family – has implemented the technology called Dashboard which is designed to protect again fraud.
Dashboard system gives clients the opportunity to foresee risks. The operation panel analyzes successful and denied transactions identifying potential danger. In such a way, ECommPay will be able to receive data about clients’ risks depending on the type of payment card, business and region.
- One more time about Segregated Witness
Developers of Bitcoin wallets jointly with owners of exchange and Bitcoin startups have announced that they support Segregated Witness. Among supporters are such large operators as Trezor, KeepKey, BitFury as well as Bitfinex exchange. Representatives of these brands are sure that activation of SegWit will double the volume of possible Bitcoin transactions and prevent their delay.
- Exit from R3
It has turned out that investors are less interested in a large-scale R3 project than expected.
First of all, according to the results of the first round of financing, the project gathered less than a half of the planned sum (taking into account the fact that it was four times smaller than at the beginning). Secondly, two companies – Banco Santander and Goldman Sachs – have announced their decision to leave the consortium. According to unconfirmed reports, there are other participants willing to do the same.
- SWIFT solution
SWIFT - the system directors of which doubted Blockchain until recently –introduced Blockchain project. The model which unites five network nodes (offices and banks in the USA, Brazil, Australia and Germany) demonstrates the work of Blockchain in basic scenarios. In 2017 the project will develop in accordance with the accepted roadmap.
- American energy startup: Siemens is on board
Siemens has joined TransActive Grid project by LO3 startup (the USA). Mass media have talked about this project since spring when two Brooklyn citizens exchanged electricity received from solar panels with help of Blockchain service for the first time.
The idea of the project is to provide yourself and your neighbors with electricity at flexible tariffs not depending on the energy supply monopolist. The fact that such a giant as Siemens has joined the project is a good sign for the development of Blockchain in energetics.
