#Blockchain

Bitcoin with its foot on Paypal, leaning back with more crypto behind it

PayPal May Be Opening Up to Digital Currency

May 13, 2019 by Ashwath Balakrishnan at Adoption, Bitcoin, Blockchain, News

PayPal’s ambivalent stance over the digital currency might be changing as CFO John Rainey has stated that the payment processor has created teams to study both blockchain and cryptocurrency, as reported by Forbes on May 10, 2019. PayPal previously allowed merchants to receive payments in Bitcoin but removed functionality after...

Barclays Explores Cryptocurrency Trading Desk Despite Denying Interest

Investment Opportunities still Abound in Digital Asset Space

May 12, 2019 by Liam J Kelly at Adoption, Blockchain, Commentary, Development, Finance, Investment

In 2013, when Genesis Capital first began asking investors to buy a then $80 bitcoin, the line of conversation often ended with an abrupt no. “Nine times out of ten, they would just hang up the phone,” said Michael Moro, CEO of Genesis Trading and Genesis Trading. Now, as the...

French Multinational Financial Institutions Settle $112 Million Transaction on Ethereum

May 11, 2019 by Mohammad Musharraf at Adoption, Blockchain, News

Societe Generale S.A., one of the largest financial institutions in France, issued covered bonds worth $112 million in the form of security tokens using the Ethereum blockchain. It was a pilot program to test how the use of blockchain and cryptocurrency could reduce the time and cost of settlement of...

Figure Tech Debuts $1 Billion Blockchain Loan Facility in Partnership with Jefferies and WSFS Banking Services

May 10, 2019 by Anthonia Isichei at Adoption, Blockchain, Business, News

According to a press release issued May 9, 2019, Figure Technologies in conjunction with Jefferies and WSFS Banking Services recently completed a $1 billion asset-based loan facility on the Provenance blockchain. The partnership will see Figure’s Provenance blockchain handling the full spectrum of loan financing for dealers, funds, banks to...

Hedera Hashgraph’s Second Testing Phase Underway

May 10, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, News

Hedera Hashgraph, a Dallas-based company focused on developing high-speed blockchain alternatives has announced the launch of the second testing phase of its public distributed ledger by developer community and individuals in order to pilot the capability of the Hedera network, according to a VentureBeat report on May 9, 2019. Second Phase...

Top Canadian Law Firms Collaborate to Explore the Benefits of Blockchain in the Legal Industry

May 9, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News

Law-focused blockchain startup OpenLaw announced on May 7, 2019, that six of Canada’s leading law companies – in partnership with blockchain consultancy firm GenesisB – will develop an “innovative smart legal template” on the Ethereum blockchain. Notably, the project will be built over OpenLaw’s smart-contract platform. Bringing Blockchain to Law;...

Malaysian Stock Exchange to Deploy Blockchain in Securities Borrowing and Lending Market

May 9, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News

Kuala Lumpur-based stock exchange, Bursa Malaysia is mulling developing a blockchain-based securities borrowing and lending (SBL) proof-of-concept, reports Regulation Asia, May 7, 2019. The First of Its Kind Proof-of-Concept in South-East Asia In an attempt to imbibe a greater degree of transparency and efficiency in the Malaysian SBL market, the...

Flowers Growing out of Ethereum Shards in a Forest

Orchid Labs Wants to Build a Natural Internet

May 8, 2019 by Mohammad Musharraf at Blockchain, Business, Ethereum, Finance, News

Orchid Labs let its audience in on their recent developments in a May 8, 2019 blog post. This included a successful $43 million funding round, its probabilistic micropayments feature, the Orchid app and more, that will contribute to their motto of a natural Internet, May 08, 2019. The Need for...

A University Lighting up with the magic of Blockchain

Turkish University Launches Blockchain Center at a Boston University

May 8, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Education, News

In a bid to provide the relevant information and infrastructure needed for the study of distributed ledger technology (DLT), Turkey’s BlockchainIST, Bahcesehir University (BAU), the region’s first university-level center for blockchain research, has erected a state-of-the-art DLT center at Boston’s Northeastern University, reports Daily Sabah on May 8, 2019. The...

Nifty Football Launches Ethereum-based Trading Card Marketplace

May 8, 2019 by Liam J Kelly at Altcoins, Blockchain, Entertainment, Ethereum

The tinkerers behind BlockCities, CryptoKaiju, and KnownOrigin have launched another Non-Fungible Token (NFT) project called Nifty Football. The marketplace offers users a chance to buy and trade assorted Ethereum-based collectibles of football players. The illustrations on each card were created by famed artist Stanley Chow, well-known for his football-inspired prints...

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