Business News

Payments

No Humans Required: Commerzbank Develops Blockchain Payments for Automated Trucks

Commerzbank has developed a blockchain-based solution it says allows automated trucks to pay for power charging with no human involvement.

Business  ·  8 August 2019
Europe

Investment App Robinhood Wins License to Operate in UK

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

Policy & regulation  ·  8 August 2019
Exchanges

SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards

VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.

Policy & regulation  ·  8 August 2019
Ethereum

National Stock Exchange Becomes World’s First to List a Tokenized Security

Seychelles' stock exchange has just listed a tokenized security representing its own equity in an apparent world first.

Business  ·  7 August 2019
Standard Chartered Bank

Standard Chartered Completes First Transaction on Blockchain Trade Platform Voltron

Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.

Business  ·  7 August 2019
AWS

Amazon Is Looking to Put Advertising Data on a Blockchain

Amazon is looking to hire a software engineer to integrate parts of its advertising business with a blockchain.

Business  ·  7 August 2019
Trading

tZERO Patents Tech for Recording Trades on Public Blockchains

Security token trading platform tZERO has been awarded a U.S. patent for a method of recording trading data on public blockchains.

Business  ·  6 August 2019
Coinbase

British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders

The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said.

Policy & regulation  ·  6 August 2019
Ethereum

Ethereum Foundation Director’s New Role to Help Business Use Public Blockchain

The Enterprise Ethereum Alliance has appointed the executive director of the Ethereum Foundation to help drive its new "Mainnet Initiative."

Business  ·  6 August 2019
Supply Chain

Mastercard to Tackle Fashion Fakes with Blockchain Tracking Solution

Mastercard is to demo a new blockchain-based product tracking solution during an upcoming showcase of women fashion designers.

Business  ·  6 August 2019
Supply Chain

Lenovo, Glaxo, Nokia: Big Names Join New IBM Blockchain

IBM's new supplier onboarding blockchain is launching with a slew of big names attached.

Business  ·  5 August 2019
Wallets

Mastercard Is Building a Team to Develop Crypto, Wallet Projects

Payments giant Mastercard is seeking to hire several blockchain execs to lead cryptocurrency and digital wallet projects.

Business  ·  5 August 2019
Exchanges

Crypto Exchange CEX.IO Expands US Service to Cover 31 States

The exchange now operates in 31 U.S. states and the District of Columbia after obtaining licenses in seven new jurisdictions.

Business  ·  2 August 2019
Stablecoins

Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra

Retail giant Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook in mid-June.

Business  ·  2 August 2019
Supply Chain

Tech Firm Seagate Pilots Anti-Fraud Blockchain Tracking With IBM

Data storage giant Seagate has extended its blockchain work with IBM to gauge the fake-fighting potential of the tech.

Business  ·  1 August 2019