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Barclays, the U.K. banking behemoth, is challenging Barclays To Host Blockchains Hackathon developers to assist refurbish the worldwide derivatives market next month at a hackathon. Disclosed to the media this week, DerivHack will take place at Barclays' Rise accelerator spaces at the same time in New York and London on September 20 and 21, 2018. The ISDA (International Swaps and Derivatives Association), Thomson Reuters, and Deloitte are co-sponsoring the hackathon.

When it comes to technology, China rarely mimics the rest of the world, and the fields of blockchain and cryptocurrency are no different.

This statement might be the summary of it all. The world is constantly changing and with this change, new technologies and approaches are revealed, defining the future business and communications

Facebook has unveiled its plans to launch its cryptocurrency Libra, and it's clear that the social media giant has bold ambitions.Characterising the cryptocurrency as "a new global currency powered by blockchain technology", the company has designed Libra to be a robust, borderless currency backed by low-volatility assets in a pool known as the Libra Reserve.