Archived Posts

Blockchain payments startup Ripple reported a 31% increase in XRP sales over the first quarter of 2019 as per the company’s latest quarterly XRP Markets Report. This means Ripple sold XRP’s worth $169.42 million in Q1 2019. Even as the $169.42 million figure symbolizes a 31% increase over $129.03 million in Q4 2018, Ripple’s institutional   Read more...

Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is launching blockchain-powered trade funding facility in the second half of 2019, CoinDesk reported. Talking at the latest Tokyo fintech seminar, SMBC’s vice president, Yasuyuki Kawasaki, said unique services for import and export firms will be unveiled by making use of the Marco Polo trade finance blockchain   Read more...

Ledger, the popular cryptocurrency hardware wallet manufacturer, has received funding to the tune of €2.6 million euro ($2.9 million) from Samsung, South Korean electronics behemoth. After funding, the startup commands a value of about $290 million. Paris, France-based Ledger is developing safety and infrastructure framework suitable for cryptocurrency related applications. Ledger was established in 2014.   Read more...

Blockchain technology firm Lightning Labs, which adds value to Bitcoin’s core decentralization property, declared that it has introduced the very first alpha desktop app on Bitcoin mainnet. The desktop application utilizes Neutrino that ‘permits non-custodial Lightning wallets to check Bitcoin transactions with enhanced privacy, minimized trust, and without synchronizing the full Bitcoin blockchain.’ The announcement   Read more...

French sophisticated credit organization Societe Generale SFH released a €100 million ($ 112 million) bond on the Ethereum (ETH) blockchain. The company reported the activity on April 23. Societe Generale SFH— a wholly owned institution of one of Europe’s largest financial services groups, Societe Generale Group — has introduced its first trial venture built in   Read more...

IBM’s blockchain patent armory is increasing day after day. We clearly know how much effort the company has put in the domain of enterprise blockchain and distributed ledger technology, and presently it looks all lined to ramp up its footmark in mobile data sharing. Tech giant IBM was granted a patent for a mobile data   Read more...

The world’s second-largest stock exchange, Nasdaq, is supposedly trialing buying and selling of a bitcoin (BTC)-based product, as per a tweet by analyst at StrongMarket, which offers quantitative trading analytics service. Twitter persona Cryptopolis, a quantitative analyst at StrongMarket, posted on twitter Monday that he was able to purchase a Bitcoin via a retail brokerage   Read more...

China’s first blockchain-powered notary office was inaugurated in Beijing. The operation commenced last Friday at the Beijing CITIC Notary Office. According to the office head, the advancement signals the start of the blockchain based notary service age. Wang Mingliang, director of the Beijing CITIC Notary Office, observed that he thinks that blockchain-based notarization does have   Read more...

U.S. government’s major health information technology provider, HMS Technologies Inc. (HMS), has collaborated with blockchain tech company Solve.Care. As a key aspect of partnership, HMS is supposedly integrating the blockchain framework of Solve. Care into its federal health information technology (HIT) measures to cut government healthcare costs and enhance interoperability and affordability. Regarding the partnership,   Read more...

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