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What Proof-of-Stake Is and Why It Matters for Blockchain

What Is Proof of Stake?

  • Proof-of-stake (PoS) is an alternative consensus protocol to proof-of-work (PoW).
  • PoS relies on validators to add blocks to the network. Validators are like miners in PoW, but they do not need to solve a cryptographic puzzle in order to add new blocks to the blockchain.
  • PoS has negligible energy consumption versus PoW.

Cryptocurrencies and Consensus Protocols

Wednesday, April 13, 2022 - 16:13
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/news/blockchain/what-proof-stake-and-why-it-matters-blockchain
Financial IT
Sustainable Growth Startup: Key Financial Aspects Every Successful Startup Owner Should Be Aware of

Sustainable Growth Startup: Key financial aspects every successful startup owner should be aware of

Wednesday, April 13, 2022 - 16:11
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/blog/finance-startup/sustainable-growth-startup-key-financial-aspects-every-successful-startup-owner
Financial IT
Fidelity International and Tumelo Launch Market-first Stewardship Hub for Clients, Trustees and Their Advisors

         The Stewardship Hub is a sustainable investing tool providing governance and insights to workplace pension clients, trustees and their advisors

·         The Hub provides greater visibility of fund managers’ stewardship decisions, while enabling trustees to meet their regulatory obligations in a centralised location

·         The Hub - built by Tumelo in partnership with Fidelity - is a market first, and is the latest solution from Fidelity to help clients achieve their ESG goals

Wednesday, April 13, 2022 - 16:06
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/news/fintech-startups/fidelity-international-and-tumelo-launch-market-first-stewardship-hub-clients
Financial IT
Marketplace for Gamers Eneba Boosts Global Payments Conversion with Comprehensive Suite of Nuvei APMs

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, announces today that its client, Eneba, a marketplace for gaming produ

Wednesday, April 13, 2022 - 14:38
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/news/payments/marketplace-gamers-eneba-boosts-global-payments-conversion-comprehensive-suite-nuvei
Financial IT
Blinking, the Provider of Digital Identity and User Onboarding Solutions, Partners with IPification to Further Improve the Security of Its Digital ID Platform

Blinking, the provider of digital identity and user  onboarding solutions, is partnering with IPification, the global provider of mobile IP  address-based authentication, user verification and fraud prevention solutions, to further  improve the security of its digital identity platform. Blinking is adding IPification phone  verification to its platform instead of SMS OTP.  

Wednesday, April 13, 2022 - 14:32
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/news/digital-identity/blinking-provider-digital-identity-and-user-onboarding-solutions-partners
Financial IT
RemitBee Helping Fund Entrepreneurs One Startup at a Time

Canadian FinTech company's Financial Empowerment Fund has its first investment recipient; taking applications for new ventures.

RemitBee, an online money transfer and currency exchange startup's Financial Empowerment Fund, is currently accepting applications for new ventures.

Wednesday, April 13, 2022 - 14:28
47196
/news/payments/remitbee-helping-fund-entrepreneurs-one-startup-time
Financial IT
Personetics Offers World’s First “Proactive Cash Flow Management” Capabilities to Help Banks Provide Customers with Enhanced Overdraft Support

Fintech’s advanced money management capabilities help banks anticipate when customers may have upcoming liquidity issues and enable them to address the situation proactively 

Wednesday, April 13, 2022 - 13:38
47195
/news/data/personetics-offers-worlds-first-proactive-cash-flow-management-capabilities-help-banks
Financial IT
Avelacom wins Waters Technology 2022 Award for Best Infrastructure Provider to the Sell-Side

Avelacom’s commitment to helping sell-side firms develop a competitive advantage by using ultra-low latency IT infrastructure is recognized for third time, having won the same award in 2018, and 2021

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has won the Waters Technology award for Best Infrastructure Provider to the Sell-Side.

Wednesday, April 13, 2022 - 13:35
47194
/news/data/avelacom-wins-waters-technology-2022-award-best-infrastructure-provider-sell-side
Financial IT
HCL Technologies Expands Global Partnership with Avaloq to Accelerate Innovation in Digital Wealth Management

HCL Technologies (HCL), a leading global technology company, has expanded its global partnership with Avaloq, a leading provider of digital banking solutionsHCL will now develop a world-class lifecycle management center for Avaloq clients and invest in ongoing training and development for

Wednesday, April 13, 2022 - 13:34
47193
/news/wealth-management/hcl-technologies-expands-global-partnership-avaloq-accelerate-innovation
Financial IT
Saving and Investing App Chip Adds Two New Investment Funds, Introduces Product-to-product Transfers, and Launches Auto-investing
  • Chip adds FTSE 100 Index Fund and S&P 500 Tech Fund to the app’s free plan
  • The app’s users can now move their money from savings to investments with product-to-product transfers
  • Chip enables auto-investing, applying its award-winning automatic saving technology to investment funds
Wednesday, April 13, 2022 - 13:26
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/news/platform-technology/saving-and-investing-app-chip-adds-two-new-investment-funds-introduces
Financial IT

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