The commercial, state-run Bank of China announced its plans to invest further in fintech innovation, according to local news outlet. The bank’s Chief Information Officer (CIO), Liu Qiuwan, has revealed plans to increase the company’s investments in research and development technologies such as blockchain, IoT and fintech. Investment in the … Read the rest
Litecoin (LTC) transactions are now available via encrypted messenger app Telegram. The new Litecoin feature Lite.im was developed by blockchain startup Zulu Republic. Based in Zug, Switzerland, the firm develops decentralized applications and is an ecosystem of digital platforms built on the Ethereum blockchain. The new Litecoin feature will enable … Read the rest
The various steps taken by governments and regulators have established something very widely known as ‘cryptocurrency havens’. Nations are now looking to try to attract fintech and blockchain projects to their shores, in the hope of using a potential financial revolution to boost their own agendas. Here are some of … Read the rest
A blockchain startup that sets out to offer cross-blockchain payments has announced it is planning to bring its existing stablecoin – a cryptocurrency tied to a stable asset – to the EOS network. Havven, an Australia-based project revealed recently that it is expecting to issue its nUSD stablecoin on EOS … Read the rest
Audius wants to cut the middlemen out of music streaming so artists get paid their fair share. Coming out of stealth today led by serial entrepreneur and DJ Ranidu Lankage, Audius is building a blockchain-based alternative to Spotify or SoundCloud.
Users will pay for Audius tokens or earn them by … Read the rest
Ukraine’s Electoral Commission in a recent Facebook post revelead that they are working with NEM on a blockchain voting pilot. Oleksandr Stelmakh, head of the State Register at the Central Electoral Commission of Ukraine, appeared pleased with the ongoing tests, writing in the post that they are “continu[ing] a series … Read the rest
Blockchain is a digital ledger that is decentralized and secure, and the unsaid is that every industry will adopt some form of blockchain in the coming years. A Gartner forecast says “the business value-add of blockchain will grow to slightly more than $176 billion by 2025, and then it will … Read the rest
Accroding to Healthcare organizations may soon follow the footsteps of the financial services and shipping industries in deploying large-scale blockchain projects. Here are 4 top reasons why organizations in the Healthcare are ready for blockchain;
– In recent years, industry and government stakeholders have supported efforts to use blockchain, a … Read the rest
Supply chain blockchain will play a major role in ensuring the authenticity of products. They may help firms digitize ERP processesthat may be partially paper-based and that rely on spreadsheets. And they may eventually replace technologies such as Electronic Data Interchange-based transactions. Businesses are slowly shifiting towards blockchain as the … Read the rest
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.
Paxos seeks to unlock capital … Read the rest