#business News

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PwC Switzerland Acquires ChainSecurity AG to Boost Blockchain Arm

January 6, 2020 by Aisshwarya Tiwari at Blockchain

PwC Switzerland has successfully acquired ChainSecurity AG, a blockchain startup spun out of the ICE center, ETH Zurich – one of the top research labs in the blockchain security space, reports Investment Europe, January 6, 2020. PwC Set to Expand Its Blockchain Business In a major impetus to its distributed...

Dubai Unveils Ethereum and Hyperledger-Powered Business Registry Platform

October 8, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Ethereum

Dubai authorities have announced the launch of a Unified Business Registry Platform (UBRP) built on Hyperledger fabric and the Ethereum enterprise blockchain. The primary objective of the UBRP is to introduce a better regulation model and enable license issuers to seamlessly manage their trade licenses and corporate registries, reports Saudi...

Banking Tech Startup Baton Funding Round Raises $12 Million

September 2, 2019 by Ashwath Balakrishnan at Blockchain

Baton has raised $12 million in a Series A funding round led by Trinity Ventures. According to Ledger Insight, the company is building DLT based software for banks that can be immediately integrated on their networks, September 2, 2019. This product would mean that banks no longer have to think...

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Mastercard Partners with Bahrain Financial Network for Blockchain-Based Payment Solution

July 31, 2019 by Edoardo Vecchio at Finance

According to a press release from Trade Arabia, July 30, 2019, Mastercard and the Bahrain Electronic Network for Financial Transactions (Benefit), the only financial network in the Kingdom of Bahrain handling ATM and POS transactions, have established a partnership to provide a blockchain solution for banks to enable cross-border commercial...

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World Economic Forum Report Evaluates the Value of Blockchain

July 17, 2019 by Edoardo Vecchio at Blockchain

The World Economic Forum's (WEF's) latest report, published July 16, 2019, aims to provide businesses, governments, and other organizations with a blockchain value framework to help them build out a business case for blockchain investment, and evaluate whether it is worth it or not. The Report In collaboration with the...

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Hong Kong Based Blockchain Firm Set to Go Public in the USA

July 11, 2019 by Ashwath Balakrishnan at Business

A blockchain services firm, Diginex, is set to undergo a reverse merger from 8i Enterprises and go public in the USA. The firm will be listed on NASDAQ following the demerger anonymous insiders told to Bloomberg on July 10, 2019. First Blockchain IPO in the U.S. Diginex Ltd. is set to...

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Blockchain Startup Solve.Care Announces Partnership with Ridesharing Business Uber

July 9, 2019 by Jefferson Nunn at Business

Getting to the doctor from home or work may soon be much easier thanks to a new partnership announced in a press release shared with BTCManager on July 9, 2019, between Uber Health and Solve.care. Catering to the Immobile There are many problems today with access to affordable care, of...

Former Bitmain CEO Jihan Wu Unveils New Cryptocurrency Startup

July 9, 2019 by Anthonia Isichei at Business

According to a report by Bloomberg on July 8, 2019, former Bitmain co-founder and CEO, Jihan Wu, unveiled a new cryptocurrency startup that would offer over-the-counter (OTC) trading and lending services. Bitcoin Investment Startup to Rival Genesis Global In June 2019, BTCManager reported that former CEO of the Bitcoin mining firm, Bitmain, Jihan Wu,...

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Telcoin Partners with Leading Vietnamese Mobile Wallet VIMO for International Remittance

July 2, 2019 by Guest Post at Press Releases

The partnership aims to introduce the fastest, most affordable option for the $1 billion Canada-Vietnam remittance corridor. Singapore and Hanoi, Vietnam— Telcoin Pte. Ltd., a fintech startup leveraging blockchain technology to facilitate high-speed, low-cost international remittances, today announced a partnership with Vimo Technology JSC, operator of leading Vietnamese digital wallet...

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CoinMarketCap Acquires Hashtag Capital to Strengthen Crypto Pricing Algorithm

June 27, 2019 by Ashwath Balakrishnan at Business

CoinMarketCap (CMC) has made their first ever acquisition after buying out Hashtag Capital for their proprietary algorithm called "true price." This will allow the company to go beyond traditional volume-weighted pricing models, as per a blog post, June 26, 2019. Accurate Price Structures Following the acquisition, the team will merge...

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