PYMNTS

APRIL 16, 2020

Ant Financial rolled out a blockchain platform called OpenChain, which lets small- to medium-sized businesses (SMBs) and developers harness its proprietary blockchain technologies, according to an announcement. The technology offers many modules to developers that they can use in different mixes to create trust in team efforts.

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Bitcoin Blockchain Digital Currency Use Case 73

CB Insights

NOVEMBER 19, 2020

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

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Blockchain Bitcoin Use Case Privacy 101

PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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Bitcoin Cryptocurrency PayPal Online and Mobile Banking 117

The Fintech Times

APRIL 22, 2024

Technology The decentralised network connected through a network of computers or nodes underlies blockchain technology, synonymous with cryptocurrencies. Blockchain protocols are the guidelines or rulebooks that determine how a blockchain works. They want to be the first to use the product. Constance W.,

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Finance Blockchain Cryptocurrency Regulations 130

PYMNTS

JUNE 19, 2019

“We believe that developing standards and open specifications, as well as collaborating on implementations of them, is critical to removing customer blockers and accelerating blockchain as a mainstream technology. This means you can now deploy the IBM Blockchain Platform on the infrastructure of your choosing.

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Blockchain Bitcoin Debit Card Cryptocurrency 53

The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

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NFTs Use Case Non-Bank Facilitators 145

PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. PayPal is opening its network to allow consumers to shop using cryptocurrency. Square bought $50 million of bitcoin. The mechanics and clumsiness of it all have not helped.

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Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

The Fintech Times

MAY 22, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. Since Bitcoin’s inception in 2009, the crypto world has jumped from one height to the next continually breaking records.

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Cryptocurrency Innovation Bitcoin Blockchain 78

PYMNTS

AUGUST 24, 2020

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Moreover, the cloud services arm of Huawei has fueled the project with blockchain innovations like distributed ledgers.

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Blockchain Stablecoins Bitcoin Procedures 64

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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Blockchain NFTs Distributed Ledger Technology (DLT) Multi-Currency 101

PYMNTS

MAY 4, 2020

Senate staffers put forward the idea of blockchain voting in a “continuity of Senate” memo at the end of April, CoinDesk reported. The staffers wrote, per the report, that “the Senate may consider blockchain” in the event that all of its members have to put in their votes remotely.

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Blockchain Visa APACS Bitcoin 60

PYMNTS

FEBRUARY 25, 2019

Billionaire investor Warren Buffett said that he sees “no unique value” in bitcoin, the world’s biggest cryptocurrency, calling it a “delusion, basically,” according to a report from CNBC. Bitcoin has struggled with value after reaching a high of almost $20,000 at the end of 2017. It attracts charlatans,” Buffett said. “If

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Bitcoin Cross-Border Payments Cross-Border Cryptocurrency 67

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said. Broader Doubts Emerge.

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Blockchain Bitcoin Cryptocurrency Authorization 49

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. Algorand created a permissionless, open source and pure proof-of-stake blockchain technology. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring.

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Digital Currency ATM Bitcoin Blockchain 67

PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Among the issues plaguing bitcoin and its peers is the fact that unlike credit card transactions, cryptocurrency payments are almost immediately irreversible. Lagging Consumer Use Cases. A Slew of Problems.

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Cryptocurrency Bitcoin FBI Digital Currency 82

The Fintech Times

MAY 16, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. We’ve seen more and more use cases across many different fields, for example, finance, social media and games.

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Innovation Blockchain Stablecoins AI 80

PYMNTS

DECEMBER 24, 2019

And for blockchain, a few warning signs have been flashing that all may not be as rosy as some observers may have hoped, had wanted. This is not to say that blockchain is doomed. Exhibit A, of course, would be Long Island Iced Tea, which back in 2017 said it would change its name to Long Blockchain Corp.,

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Blockchain Use Case Research Bitcoin 55

PYMNTS

JULY 23, 2020

In other news, Ant Group , the FinTech arm of Chinese eCommerce company Alibaba , has launched its own new blockchain brand called AntChain, according to The Block. In addition, the company launched AntChain Station, which allows business clients a faster way to deploy blockchain solutions, reportedly in as little as an hour.

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Scams Blockchain Cross-Border Blocks 62

PYMNTS

MAY 14, 2019

Bitcoin, that marquee name in cryptocurrency, has seen its price swell by roughly that 60 percent number through the last few weeks, to about $8,000. Bitcoin got a huge jump on Monday (May 13), up 25 percent on the day, though there was no news specific to the cryptocurrency. Or to make one wonder why. As that happens, miners get 12.5

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Bitcoin Digital Currency Cryptocurrency Blockchain 64

PYMNTS

MARCH 10, 2020

Bitcoin exceeded the $8,000 mark early Tuesday morning (March 10) before falling below the threshold at approximately 11:30 a.m. The price of bitcoin was $7,983.22 The bitcoin increases could continue in the event that equities keep becoming more balanced. Eastern time. as of 4:30 p.m.

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Bitcoin Digital Currency Use Case Blockchain 52

PYMNTS

MAY 29, 2019

JPMorgan Chase has revealed to CoinDesk that its blockchain team has created a privacy feature for ethereum-based blockchains. JPMorgan was set to open-source the extension on Tuesday (May 28), and will probably use it with Quorum, the firm’s own version of ethereum. It works with ethereum and other smart contract platforms.

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Blockchain Privacy Bitcoin Use Case 49

PYMNTS

DECEMBER 26, 2018

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions.

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Blockchain Cross-Border B2B Payments 80

PYMNTS

OCTOBER 8, 2018

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. “Leveraging the benefits of blockchain architecture is one of MyEG’s core [focuses] presently,” said Managing Director Wong Thean Soon in a statement. Reports in The Edge Markets on Friday (Oct.

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Payroll Blockchain Payment APIs and Integration Cryptocurrency 51

Payments Source

OCTOBER 24, 2016

The technology behind bitcoin has almost endless use cases.

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Bitcoin Blockchain Use Case Technology 129

PYMNTS

AUGUST 23, 2019

Blockchain firm Pundi X has announced that Venezuela’s largest chain of department stores will implement the XPOS, the blockchain-powered point-of-sale device, across its 49 stores around the country. Traki customers will be able to use various cryptocurrencies as payment options for the retailer’s products.

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Blockchain Cryptocurrency Best Practices Bitcoin 49

PYMNTS

JULY 24, 2018

“We have decided to form a dedicated UUU Foundation Fund, in order to encourage and reward business partnerships and DApps building on our blockchain within the U Network ecosystem.” The goal is to drive the adoption of blockchain technology for the airline space. The price of bitcoin was $7,747.75 as of 5:53 p.m.

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Bitcoin Blockchain Digital Currency Crime 41

PYMNTS

JUNE 5, 2018

Blockchain probably won’t solve all the world’s financial problems, as devoutly as innovators and enthusiasts may hope and believe that it can. Esther Pigg, SVP Product Strategy of FIS , says blockchain’s potential benefits will instead be discovered gradually, and will change the industry even more gradually. Use Cases For Blockchain.

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Blockchain Cross-Border Cross-Border Payments Use Case 61

PYMNTS

MARCH 26, 2019

Bank of America is the largest investor in blockchain patents, but according to CNBC reports on Tuesday (March 26), the company’s own technology leader is herself skeptical of blockchain. Reports last year revealed the FI had acquired or was actively pursuing a total of 43 patents related to blockchain technology.

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Blockchain Use Case Bitcoin Cryptocurrency 46

PYMNTS

APRIL 11, 2018

Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. Blockchain Capital is the premiere fund for any project looking to get off the ground in the blockchain space.

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Blockchain Cryptocurrency Use Case Bitcoin 64

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. This gives those insurance companies involved in the trial the ability to communicate more effectively via blockchain technology’s ability to automate these pertinent aspects of the insurance process. SR: Impact is slow but expansive.

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Blockchain Use Case Settlement Digital Currency 50

The Fintech Times

JUNE 3, 2024

C rypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases Mastercard Crypto Credentials helps verify interactions among consumers and businesses using blockchain networks. The live transaction capabilities are enabled on the Bit2Me , Lirium and Mercado Bitcoin exchanges.

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Credential Visa Cross-Border Travel Rule 64

PYMNTS

JULY 12, 2019

Bloomberg reported that during a case regarding a gang that used bitcoin ATMs as a front for illegal drug payments, authorities discovered that the rules to force money handlers to vet their clients don’t apply to the cash machines’ owners or to crypto trading platforms.

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Bitcoin ATM Rules AML 40

PYMNTS

MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg.

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Bitcoin Central Bank Cross-Border Payments Digital Currency 69

PYMNTS

APRIL 10, 2019

Bitcoin is up as much as 25 percent since the news came during the past week that China might look to ban bitcoin mining. The move may seem like a bit of a head-scratcher: China is ground zero for bitcoin production, as estimated in a paper penned in part by PhD students from Princeton and Florida International.

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Bitcoin Regs Use Case Digital Currency 58

PYMNTS

OCTOBER 29, 2019

In Australia, the nation’s new payment network, New Payments Platform (NPP), similarly caught the attention of the B2B space as cloud accounting and payroll service providers ponder use-cases beyond real-time consumer P2P payments — while blockchain also made progress in the corporate payments arena.

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RTP Blockchain Business Payments Real Time Payments 40

CB Insights

NOVEMBER 28, 2017

This year’s blockchain craze has pushed a huge amount of new money into cryptocurrencies, private blockchain projects, and companies holding initial coin offerings (ICOs). Research Briefing: Blockchain in Review. Track the blockchain companies in this brief and many more on our platform. Track Blockchain Startups.

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Blockchain Cryptocurrency Bitcoin Stablecoins 72

PYMNTS

OCTOBER 28, 2017

As UBS continues its exploration into blockchain technology, the financial institution’s (FI) CEO Sergio Ermotti told reporters at CNBC his views on the tool. 27) highlighted Ermotti’s remarks on blockchain, as the CEO explained he has more faith in the future of distributed ledger technology than in that of cryptocurrencies. “I

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Blockchain Bitcoin Cryptocurrency Use Case 43