US Lawmakers Urge Trump Advisor Larry Kudlow: Adopt Blockchain!

Regulation has been a hot topic for years in the crypto sphere. Some say increased regulation will lead to mass adoption (and therefore higher prices). Others say it hinders the freedom blockchain and Bitcoin were founded upon. Regardless of these opinions... the fact is that regulation is coming, and fast. A group of U.S. lawmakers from both sides...
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48 Hits

How Ethereum Is Changing Life Insurance Policies With MetLife

The New York-based life insurance firm, MetLife is hoping to improve the life insurance claims process by utiling the Ethereum blockchain. MetLife's Singapore-based incubator, LumenLab is teaming up with Singapore Press Holdings and NTUC Income in order to help launch a smart contract platform built on Ethereum Lifechain. Prior to this, MetLife use...
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88 Hits

Major Investment Advisor Vanguard Using Blockchain

Investment management company Vanguard has just completed a significant implementation of blockchain technology. It is using blockchain to manage data for financial products and the largest mutual fund, the $800 billion Total Stock Market Index Fund. According to Forbes , it has been using blockchain to manage $1.3 trillion worth of index funds sin...
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140 Hits

#UseBNB as of May 2019, Now With Binance Chain

Here’s the latest expansive universe of the use cases for Binance Coin (BNB). Thanks to Binance Chain, this universe just got a whole lot bigger.
The last time Binance provided a list of use cases for Binance Coin (BNB) , around late March , we counted around 55 use cases for storing, using, and spending BNB. This time, we're counting at least 83. This means that since we last wrote about #UseBNB on this blog, we've increased the number of use cases for BNB by more than 50%. You can see the ...
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91 Hits

Amazon Launches Managed Blockchain Service, Nestlé and AT&T Already on Board

Photo: Debbie Ding / Flickr
Amazon is making its entry into the blockchain space, via a new tool available through its AWS (Amazon Web Service) to "create and manage scalable blockchain networks" via open-blockchain networks like Ethereum.   Amazon 's cloud computing arm, Amazon Web Services (AWS), launched its Managed Blockchain service for wider use among enterprise cl...
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642 Hits

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies. The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed "great poten...
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124 Hits

Microsoft Partners With JP Morgan Chase To Improve Quorum’s Blockchain Technology

Microsoft has recently signed a new partnership with JP Morgan Chan in order to enhance the blockchain platform Quorum. This blockchain network has been developed by JP Morgan in order to perform transactions among different customers. The information was recently released by Microsoft in a statement . Microsoft and JP Morgan Chase Work Together Ba...
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127 Hits

Blockchain Technology Pros & Cons

We constantly read about blockchain technology either as a savior, or as a curse. There are a wealth of pros and cons to consider when it comes to the blockchain , as with any new technologies. This isn't a bad thing. It's beneficial to highlight drawbacks to that innovation can take over. Yes, blockchain does boast some bad factors, thankfully tho...
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105 Hits

Ethereum Could Become A New Standard As Amazon Gets Into Blockchain

Ethereum's blockchain could soon become a standard as Amazon Web Service (AWS) gets into blockchain. Amazon will be releasing a new tool that enables users to create and manage scalable blockchain networks via public-blockchains, like Ethereum , and private and permissioned blockchains, like Hyperledger Fabric . You can now create & manage scal...
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111 Hits

Samsung is developing its own Ethereum based blockchain

According to rumors, electronics giant, Samsung is considering developing its own Blockchain, accompanied by its own token. The new token will be on the Ethereum blockchain and later converted into its own blockchain, while the new blockchain could possibly be a fork of Ethereum. CoinDesk Korea first reported that Samsung plans to launch its own bl...
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129 Hits

Rumor: Blockchain ETF of £1 Billion is Now Trading on the London Stock Exchange

The Invesco Elwood Global Blockchain ETF, which is chasing some £1 billion in assets, is currently trading on the London Stock Exchange. Could this be a sign that a blockchain ETF is soon coming to the United States? The Invesco Elwood Global Blockchain ETF has just started trading on the London Stock Exchange. The exchange traded fund will invest ...
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206 Hits

Omise partners with McDonald’s Thailand to provide seamless payment experience for online and mobile orders

(from L-R) Ezra Don Harinsut, COO and Co-founder of Omise, Jun Hasegawa, CEO and Founder of Omise, Hester Chew, Chairman of Executive Committee and Chief Executive of McThai Co., Ltd., June Seah, Chief Business Development Officer of Omise and Sorasit Booncharoensukpisarn, Associate Director, Corporate Sponsorship and Alliance of McThai Co., Ltd.
Online payment technology service provider Omise announced today that it has been chosen by McDonald's Thailand to be its exclusive payments gateway for its website, www.mcdonalds.co.th and the McDelivery Thailand mobile app . With consumers growing embrace of online and especially mobile technologies, purchases through digital channels have rapidl...
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BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe's startups in order to help build an "inclusive" ecosystem "r...
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148 Hits

U.S. Private Investment Manager Invesco Launches Blockchain ETF on the London Stock Exchange

Invesco Ltd., a U.S.-based independent investment firm is launching a blockchain exchange-traded fund (ETF), reported the Financial Times on March 9. The ETF is targeting firms that will likely generate income from using blockchain, the technology that underpins digital currencies such as Bitcoin and Ethereum. The announcement of the Invesco Elwood...
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162 Hits

PRESIDENT TRUMP APPOINTS BITCOIN PROPONENT AS WHITE HOUSE CHIEF OF STAFF

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology. MULVANEY: NEW ACTING CHIEF OF STAFF Mick Mulvaney, who's currently the director of the US Office of Management and Bu...
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194 Hits

PayPal Launches Blockchain-Based Innovation Reward System for Employees

  Major global online payments system PayPal has launched a blockchain-based reward system for its employees. Financial news channel Cheddar reported on the platform launch Thursday, Dec. 6, citing PayPal's director of innovation Michael Todasco. According to Cheddar, the program was prepared by PayPal's innovation team, which is based in San ...
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202 Hits

Facebook Recruiting Blockchain Experts, Looking to Expand Team

  Facebook has recently opened several new blockchain positions on Facebook Careers . The social media titan is looking to hire a marketing specialist, three blockchain engineers, and a blockchain data scientist. According to the information in the job description, facebook is looking to expand its recently-launched blockchain team: "At Facebo...
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210 Hits

IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates ( UAE ) — is reportedly among the world's leading energy and petrochemical groups, ...
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188 Hits

Amazon Has Launched a New Service for Building Blockchains

  Tech giant Amazon is launching a blockchain service to help clients develop blockchain networks without incurring the costs of creating their own platform. Announced Wednesday at Amazon's re:Invent conference, the Amazon Managed Blockchain platform "is a fully managed service that makes it easy to create and manage scalable blockchain networ...
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210 Hits

How Blockchain Needs Regulation to Mature

Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, re...
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297 Hits