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NatWest to become world’s first bank to use blockchain for loan management

Oct18
by on October 18, 2018 at 1:29 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Even though blockchain was originally developed to replace conventional banks, it seems they might also have uses for the decentralized technology too. NatWest just announced in a press release that by next month, it’ll be the world’s first bank to use blockchain to manage syndicated loans. $3.5 trillion in syndicated loans brokered in 2017 Syndicated loans are more simple than they might sound. In cases where the risk of lending is too large for one entity to shoulder on their own, lenders will group together to help spread the risk. But due to the multiple – in some cases, hundreds…

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a couple of laughzillas on a blue diamond background

NatWest to become world’s first bank to use blockchain for loan management

Oct18
by on October 18, 2018 at 1:29 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Even though blockchain was originally developed to replace conventional banks, it seems they might also have uses for the decentralized technology too. NatWest just announced in a press release that by next month, it’ll be the world’s first bank to use blockchain to manage syndicated loans. $3.5 trillion in syndicated loans brokered in 2017 Syndicated loans are more simple than they might sound. In cases where the risk of lending is too large for one entity to shoulder on their own, lenders will group together to help spread the risk. But due to the multiple – in some cases, hundreds…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Adobe shows off a video editing tool to magically isolate moving objects in seconds

Oct18
by on October 18, 2018 at 1:19 pm
Posted In: Apps, Around the Web


At its recent Max conference, Adobe showed off a bunch of cool new features that it could potentially include in updates to its powerful photo, audio, and video editing software. The most useful of the lot helps you select and isolate moving objects in videos, with just a few clicks. It’s called Project Fast Mask, and it was demonstrated on stage automatically isolating a person dancing on a street, a child playing in a lawn, and a kitten walking behind and past a fence post. With currently available software, you’d have to make precise selections with several points, and in…

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WhatsApp’s ‘Vacation’ and ‘Silent’ modes will help bury pesky group chats

Oct18
by on October 18, 2018 at 12:59 pm
Posted In: Apps, Around the Web, Insider


WhatsApp groups can occasionally be useful, but they can also become the bane of your existence, with their annoying notifications that are hard to mute. But some new features spotted in a test build of the app by WABetaInfo might make groups a little less painful. The first feature is called Silent mode, and it hides notification badges – an indication of the number of messages you received – for muted chats and groups. Silent mode is enabled by default, so you don’t have to go looking for that option in the app. It’s already begun to rolling out on…

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50% of American WhatsApp users don’t know it’s owned by Facebook

Oct18
by on October 18, 2018 at 10:59 am
Posted In: Around the Web


Just over half of Americans (50.42 percent) who have used WhatsApp in the last six months are unaware that it’s owned by Facebook. This, my friends, is a pretty high figure. The research was carried out by DuckDuckGo, the privacy-protecting search engine. The same survey found that 56 percent of Americans who had used Waze, the navigation app, in the past six months didn’t realize Google owned it. Let’s have a look at a pie chart of the WhatsApp data, because who doesn’t love a pie chart? DuckDuckGo has carried out a similar survey before, finding out that 57 percent of…

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