#adoption News

RippleNet Expands Network in Asia by Adding Korean Payment Group Coinone

June 18, 2019 by Edoardo Vecchio at Altcoins

SBI-Ripple Asia, a joint venture of SBI Holdings and the United States Ripple company, expands its network in Asia. Coinone Transfer, a payments business and a subsidiary of Coinone, a major digital currency exchange of South Korea, joined RippleNet, a network of institutional payment-providers including banks and money services businesses...

Blocks on a chain between large electrical wire polls. Orange sunrise/sunset background Japan’s Energy Sector Moves to Adopt Blockchain Technology

100 Japanese Firms Adopt Blockchain Technology for Data Sharing

June 18, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to bolster performance and improve efficiency, 100 Japanese manufacturers, including industry lead Mitsubishi Electric, have agreed to use distributed ledger technology (DLT) in sharing production data, according to a Nikkei report on June 17, 2019. Strategic Blockchain Collaboration Per sources close to the matter, Japanese...

Nevada Governor Signs Multiple Blockchain-Focused Bills

June 17, 2019 by Aisshwarya Tiwari at Blockchain

Nevada has passed several distributed ledger technology (DLT) related bills to boost blockchain investment in the state. This according to a report by Coindesk, published June 14, 2019. Establishing a Fintech-Focused Regulatory Sandbox In a bid to create a conducive environment for blockchain businesses, the state of Nevada has passed...

Bakkt Reveals July 22 Date for Bitcoin Futures Testing

June 14, 2019 by Aisshwarya Tiwari at Bitcoin, News

In a Medium post published on June 13, 2019, Bakkt COO Adam White stated that the institutional-grade cryptocurrency trading platform will begin testing its physically-settled bitcoin (BTC) futures from July 22, 2019. Bitcoin Futures User Acceptance Testing to Commence in July 2019 In the blog post, White stated that Bakkt...

Ethereum in a machine of cogs Dapp and bank-threatening ideas

Bitwage Announces Ether (ETH) Payroll Services

June 13, 2019 by Eddie Mitchell at Ethereum

Bitwage, a firm working to normalize crypto by allowing workers, freelancers, and contractors to receive their salaries in cryptocurrencies, has announced that interested parties can now receive payment in Ether, as per a blog post June 10, 2019. Ether Payroll Bitwage has been working to “close the loop” in the...

Visa Releases Cross Border Payment Solution for Corporations

June 12, 2019 by Ashwath Balakrishnan at News

Visa has released a B2B Connect network, their enterprise payment solution to process international payments for corporations. Experts see this as a push from Visa to move beyond retail payment processing and enter the global corporate payment remittance market, as reported by Reuters on June 11, 2019. Cross Border B2B Payments...

The Coinbase Debit Card Is Coming to Europe

June 12, 2019 by Edoardo Vecchio at Adoption, News

After having debuted the card in April 2019 in England, cryptocurrency exchange Coinbase is ready to launch its debit card in Spain, Germany, France, Italy, Ireland, and the Netherlands according to a CNBC report released on June 11. Crypto Convenience One of the critiques that cryptocurrencies such as bitcoin suffer...

Two Men Shaking Hands with a Block in the Middle

Overstock Subsidiary to Aid Liberia with Blockchain Development

June 11, 2019 by Aisshwarya Tiwari at Blockchain

In a press release issued on June 10, 2019, Overstock.com announced that its blockchain subsidiary, Medici Land Governance (MLG) had inked a Memorandum of Understanding (MoU) with Liberia’s Ministry of Finance and Development Planning. Liberia Opens up to Blockchain Liberia has become the latest African nation to join the blockchain...

Scope of DAI Use Cases are Exponentially Widening

June 9, 2019 by Ashwath Balakrishnan at News, Stablecoins

A recent report from MakerDAO digs into the growing adoption of the DAI stablecoin. Issuance of DAI may be done through Maker debt contracts, but usage is being leveraged across the Ethereum dApp ecosystem, June 8, 2019. DAI Use Case Bolsters Ethereum DeFi As a landmark year for cryptocurrency development...

Blockchain Streaming out of a Bank onto Someone's Phone

Report: Retail Banks Still Wary of Blockchain Technology

June 9, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

While distributed ledger technology (DLT) is fast gaining traction in several sectors of the global economy including investment banking, remittance, payments, and others, a new report by McKinsey & Co has revealed that the retail banking ecosystem have been slower to integrate the technology due to regulatory challenges and other...

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