Payments

India

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Business  ·  5 November 2018
Payments

Former Fed Chair Janet Yellen Is Now a Bitcoin Owner

A member of the crypto community has gifted former Fed chair Janet Yellen some bitcoin in response to her negative comments on the cryptocurrency.

Business  ·  31 October 2018
Privacy

Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?

Business  ·  31 October 2018
Bitcoin

The New Effort to Get Bitcoin’s Lightning Network In Every Browser

Devs are looking to make bitcoin's layer-two lightning network compatible with a payment standard used by all major browsers – and so far, so good.

Tech  ·  30 October 2018
Payments

Ripple Hires Former Google Exec as VP of Products

Blockchain payments startup Ripple has hired Google's former messaging lead as its vice president of products.

Business  ·  29 October 2018
Japan

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Business  ·  29 October 2018
Australia

New Stablecoin Tied to Australian Dollar Is Launching on Stellar’s Blockchain

A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use.

Business  ·  23 October 2018
Security

HTC Opens Pre-Orders for Blockchain Phone, Payable Only in Crypto

HTC has announced that its first blockchain phone, the Exodus, is available for pre-order – and must be purchased with crypto.

Policy & regulation  ·  23 October 2018
Banking

Crypto Payments Startup Uphold Launches Lending Products

Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.

Business  ·  22 October 2018
Regulation

What China’s Cashless Revolution Can Teach the West About Crypto

China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.

Policy & regulation  ·  20 October 2018
Payments

Gates Foundation Partners With Former Ripple CTO’s Blockchain Project

The Bill and Melinda Gates Foundation has partnered with Coil, a startup founded by Ripple's former CTO, to provide payment services for the unbanked.

Tech  ·  18 October 2018
Investments

F2Pool Founder’s Crypto Wallet Startup Raises $13 Million

Cobo, the crypto wallet created by F2Pool's founder, has raised $13 million from NEO and DHVC to expand its staking pool with a cold wallet launch.

Business  ·  17 October 2018
Bitcoin

Stablecoins All Want to Be $1, But They’re Not Worth the Same

Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.

Business  ·  16 October 2018
Patents

Mastercard Patent Hints at Plan for Multi-Currency Blockchains

A new Mastercard patent outlines how a permissioned blockchain can store multiple types of transaction info, including with different currencies.

Business  ·  9 October 2018
Banking

Italian Bank Consortium Trials Interbank Transfers on R3’s Corda

Fourteen Italian banks say they have successfully completed the first phase of an interbank reconciliation trial utilizing R3's Corda platform.

Business  ·  5 October 2018