PYMNTS

FEBRUARY 28, 2020

To explore the positive impacts of blockchain on small businesses, the U.S. The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m. House of Representatives Committee on Small Business plans to hold a hearing next week.

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Blockchain Small Business Cross-Border B2B 99

PYMNTS

MARCH 1, 2020

House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing is set for Wednesday, March 4 at 11:30 a.m.

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Blockchain Small Business Bitcoin Money Laundering 97

PYMNTS

OCTOBER 10, 2018

Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk , the patent describes how a firm may need to store different types of transaction data on the same platform, which is difficult to do on a single blockchain.

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Blockchain Visa Blocks Credential 79

Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. DBS’ permissioned blockchain is Ethereum virtual machine (EVM)-compatible and is integrated with its core payments engine.

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Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

PYMNTS

SEPTEMBER 10, 2019

The world’s first blockchain-enabled smartphone will debut in Bangladesh , India. Bitcoin Blockchain Hack? Separately, bitcoin’s blockchain has been hijacked by malware installed that uses the network itself to repel attacks, according to Forbes. Telegram to Deliver (on Blockchain)? Finney will cost $999.

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Blockchain Blocks Bitcoin Privacy 73

PYMNTS

DECEMBER 7, 2018

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital identity, The Next Web reported.

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Blockchain Central Bank Digital Currency Blocks 75

PYMNTS

SEPTEMBER 15, 2016

As trade finance has gained the confidence of many industry analysts, Barclays reportedly made a “ world first ” with its successful completion of a trade finance transaction using blockchain technology. But “second year” is also a great phrase, especially if you’re a blockchain startup. Using SWIFT infrastructure, the U.K.

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Blockchain Blocks Origination SWIFT 76

PYMNTS

MARCH 9, 2020

There are two terms seen a lot in juxtaposition to supply chain lately: coronavirus and blockchain. Some new use cases and a new report put blockchain and the supply chain in perspective. That “single version of the truth” (similar to a bank balance) is the blockchain version of trust. based tech site.

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Blockchain CRM Database Small Business 84

PYMNTS

FEBRUARY 13, 2020

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. WFSC joins existing investors SBI Group and Santander InnoVentures.

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Blockchain Risk Management Cryptocurrency Central Bank 100

CB Insights

NOVEMBER 21, 2017

Blockchain. Huge corporations — like Walmart and Pfizer — have completed successful blockchain pilots. Research Briefing: Blockchain in Review. Become an expert on what’s new and what’s next for blockchain, diving into bitcoin, ethereum, cryptocurrencies, enterprise blockchains, and a whole host of other topics.

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PYMNTS

AUGUST 11, 2020

In other news, Coinbase has left the Blockchain Association , an industry advocacy organization, The Block reported. The letter does not specifically mention Binance.US , but The Block reported that some believe the departure was connected to the exchange gaining entry to the organization.

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Blockchain Bitcoin Digital Currency Blocks 74

PYMNTS

NOVEMBER 25, 2019

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto reported on Friday (Nov. The pilot program to test the solution was successful, Christine Moy, JPMorgan’s blockchain lead, told the news outlet.

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Blockchain NOV Audit Blocks 77

PYMNTS

SEPTEMBER 21, 2016

Blockchain proponents would argue in favor of that concept, especially after this week’s announcement from Ujo Music. The startup has its eyes — or, in this case, ears — on disrupting the $15 billion music industry , which Forbes said could stand to benefit from blockchain. No middleman (or woman). Ujo Music isn’t the first to do this.

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Blockchain ISOs Blocks Message Standards 74

PYMNTS

JUNE 29, 2018

If entranced by bitcoin’s ebbs and flows, one would be forgiven for being caught off guard (if they are, in fact, off guard) to find that a major bank is coming to market with a service backed by blockchain, which now is live and available — and can help make sure that funds cross borders with speed and surety.

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Blockchain Global Payments Cross-Border Payments 83

Tearsheet

FEBRUARY 27, 2025

Take Block , for example. May Zabaneh, VP of Product at PayPal The ability to send a payment over the blockchain in seconds at a fraction of the cost was simply incredible. ii) Privacy concerns: Using PYUSD involves blockchain tracking due to centralized control.

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PayPal Payments Privacy Digital Currency 72

PYMNTS

DECEMBER 1, 2016

But blockchain provides a mechanism for digital identity, which can be attested by a trusted source. PYMNTS recently caught up with John to talk about blockchain, its security advantages and its ever-evolving dynamics. Despite the benefits, blockchain technology still has flaws when it comes to identity protection, John pointed out.

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Blocks Blockchain Compromise Bitcoin 62

PYMNTS

JUNE 19, 2019

Libra may have dominated the news so far this week — and, of course, the new cryptocurrency announced by Facebook is underpinned by blockchain. To that end, the MediLedger project debuted a new pilot program this week, billed as a cross-industry initiative that eyes using blockchain for drug supply chains.

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Blockchain Blocks Interoperability Verification 65

PYMNTS

APRIL 29, 2019

Governments are betting on blockchain to power tourism in cities. The city’s infrastructure will be constructed reportedly through the help of blockchain, with a DMI platform and a DMI coin that will allow for payments of government services. There is also, of course, the blockchain technology.

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Blockchain Blocks SDN Governance 51

PYMNTS

JANUARY 18, 2019

Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain. The company is also deploying blockchain to create a digital business identity for its users, a mechanism that Dibachi said will instill trust in the buyer-supplier relationship.

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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

AUGUST 1, 2018

To put it another way, might the additions of links to the blockchain be slowed a bit? Forrester Research noted that some projects may be winding down, and some pilot tests of the technology may be walked back a bit, illuminating at least some isolated cases of tempered enthusiasm or expectations of blockchain potential.

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Blockchain Blocks Distributed Ledger Technology (DLT) Use Case 40

PYMNTS

JUNE 29, 2020

CertiK , an auditing firm, wants to bring Internet of Things (IoT) devices onto blockchain through its new partnership with Hdac , CoinDesk reports. Hdac’s blockchain platform will work to combine the tight authentication, seamless mapping and machine-to-machine transactions with a network containing IoT devices.

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Settlement Blockchain Security Audit 67

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

APRIL 13, 2017

One of the main drivers for the new efficiencies they want to pursue is blockchain. Dubai’s smart city program, known as Smart Dubai, is looking to blockchain technology as the critical piece needed to implement a seamless and more efficient digital economy. The Blockchain Building Block. ” Dubai’s Smart Future.

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Blockchain Interoperability Governance Government 62

PYMNTS

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

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PYMNTS

JUNE 29, 2018

Through a four-day test of a know-your-customer (KYC) compliance system, a group of 39 participants were able to make 300 transactions in 19 countries with an app from Synechron built on R3’s Corda blockchain platform. Rutter said in a statement. Rutter said in a statement.

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Blockchain Privacy Participant Advisors 60

PYMNTS

APRIL 17, 2018

Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data. Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more.

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Blockchain Visa Credential Blocks 52

PYMNTS

NOVEMBER 13, 2018

On another note, the blockchain patent that IBM applied for in December was recently published, CoinDesk reported. The patent, called “Blockchain for Open Scientific Research,” has been described as a log for scientific research that is resistant to tampering.

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Bitcoin Blockchain Blocks Research 54

The Fintech Times

JULY 24, 2024

Firms are starting to see the appeal in blockchain technology, but are struggling to integrate it. Looking to make this process simple for startups, Fireblocks , the blockchain applications builder and digital asset operations platform, has launched Fireblocks for Startups. Users generate their own private keys on their device.

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PYMNTS

AUGUST 27, 2020

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated.

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Bitcoin Blockchain Blocks Cryptocurrency 61

CB Insights

NOVEMBER 29, 2017

Hi there, Got a serious case of writer’s block today, so I’m going to go with a faithful standby. Betting on blockchain. Two of the top early-stage tech VCs, Andreessen Horowitz and Union Square Ventures, have been placing bets on blockchain technology since 2013. Terrible pie charts. Daily News Egypt.

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Blockchain Blocks AI Legal 50

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

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PYMNTS

MAY 25, 2018

Remember when blockchain was the new technology buzzword on the … block? Now blockchain is on everyone’s lips, and has been for a while. The debate over blockchain, however, in terms of utility, rages on. Still buzzy, if not so new in the nomenclature. The buzz may exceed the use cases, at least for now. Read on.

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Blockchain Blocks Payments Use Case 48

Fintech Review

SEPTEMBER 5, 2024

Today, the company announced major enhancements to its platform that bridge the gap between Web2 and Web3, enabling real-time risk assessment and the proactive blocking of scams like pig butchering, ransomware, sextortion, and others. AI allows organizations to preemptively block threats that would otherwise go unnoticed until it’s too late.

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Scams Blocks AI Fraud Prevention 52

PYMNTS

JUNE 8, 2020

In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. Enterprise DLT solutions are the largest chunk of the total with 45 percent utilizing blockchain, while trading platforms make up 27 percent, and digital asset custodians comprise 14 percent of the total.

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IRS Distributed Ledger Technology (DLT) Blockchain Cryptocurrency 52

PYMNTS

AUGUST 2, 2019

A Blockchain coding competition supported by Amazon Web Services (AWS) is offering a $100,000 prize to anyone who can solve a problem and provide the fastest speed improvement to it, according to a report. . The contest wants to “change the face of Blockchain,” and it was launched by the VDF Alliance. The problem is as follows: .

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Blockchain Blocks Research 46

PYMNTS

DECEMBER 2, 2020

In other news, The Giving Block is aiming to raise at least $1 million in donations through its Bitcoin Tuesday event, according to Cointelegraph. More than 120 charities and 30 blockchain companies are participating in the fundraising event. All our charities accept more than just Bitcoin,” said The Giving Block, per Cointelegraph.

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Bitcoin Blocks Blockchain Push-to-Card 60