Author: Vitaliy Dadalyan

Ignore Bitcoin and you’re ignoring the future, says finance chief

Despite the plunging price of Bitcoin throughout November, one of the world’s leading finance bosses has urged investors not to ignore the growing influence of cryptocurrency as a future financial system. Responding to growing criticism and cynicism towards Bitcoin as the market cap fell by 6% in recent weeks, Nigel Green - chief executive of deVere Group – said that disregarding the potential of Bitcoin was tantamount to standing on the wrong side of history. “Many crypto critics are becoming radicalised in their attacks,” he said. “The reality is that there are peaks and troughs in all financial markets, the cryptocurrency market is not – and should not be - any different. “Yet each time there is a dip inThe post Ignore Bitcoin and you’re ignoring the future, says finance chief appeared first on Coin Rivet....

Russia's Sberbank agrees venture with driverless technology firm

Russia's largest lender, Sberbank , has added driverless cars to its list of technology ventures, by teaming up with AI transport developer Cognitive Technologies, the two companies said on Thursday. Sberbank and Cognitive Technologies have signed a legally binding document to create a new company, Cognitive Pilot, they said in a statement. Sberbank will have a 30% share in the company, while Cognitive Technologies will take 70%....