Large enterprise

  • Large Enterprises Are Betting on Blockchain in 2019

    2019 is the year when the blockchain ecosystem and the crypto industry as a whole had to get sober.

    Aug 14, 2019
  • Google Cloud Partners With Enterprise Blockchain Platform Cypherium

    Ubiquitous tech behemoth Google cloud wing is entering into another partnership with a blockchain platform, Cypherium. 

    Aug 14, 2019
  • Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow

    British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.

    Aug 14, 2019
  • Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

    Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips.No Crypto Purchases With the Goldman Sachs Backed Apple CardThe technology giant Apple (AAPL) recently announced the launch of a credit card, which allows people to spend credit with an annual percentage rate (APR) between 13-24%. The California-based firm revealed the card will be released at some point this month, according to the firm’s third fiscal quarter earnings call. Some of the biggest selling points for the new Apple Mastercard include: virtual use, no annual fees, and no fees for transactions and penalties. Another interesting aspect is that the card will not feature the traditional Mastercard 16-digit number or CVV code. “Thousands of Apple employees are using the Apple Card every day in a beta test and we will begin to roll out the Apple Card in August,” Apple CEO Tim Cook revealed during the…

    Aug 5, 2019
  • Norway’s Largest Airline Reveals Bitcoin Plans As Crypto Takes Flight

    Norwegian Air Shuttle, Norway’s largest airline, says it plans to allow its customers to pay for flights with Bitcoin instead of using a credit card.According to the Norwegian finance outlet Dagens Næringsliv, the airline is also launching a cryptocurrency exchange in August.There’s no official launch date for Bitcoin payments on Norwegian Air, but according to board member Kjos-Mathisen, crypto payments will be implemented after the exchange is officially open.“First, the marketplace will be launched. Then NBX will make a payment solution for the airline so that airline customers can pay with virtual currency.”In a blog post on Medium, the NBX team predicts the emergence of a new digital economy.“We are not all the way there yet, but the market is maturing. And as this happens, more crypto-assets will mature, affording freedom of choice for users and a lot more flexibility.This brings us full circle to the prediction NBX lives by, and one we share with several other companies working within this industry: we will soon see the flow of money disrupted, but this disruption, instead of slowing things down, will see…

    Jul 25, 2019
  • Siemens Evaluates Blockchain Potential For Carsharing

    With the invention of bitcoin came a new, secure method of value transfer, via its underlying technology blockchain. Since bitcoin’s inception ten years ago, a plethora of mainstream entities have investigated various ways to channel blockchain’s potential. Automation giant Siemens is evaluating the technology for various enterprise use cases, including improving the carsharing market.Siemens is following the trend of mainstream giants looking to incorporate blockchain. “We are in the space where we want to come up with industrial extensions of blockchain systems, […] blockchain systems for enterprises,” Siemens Corporate Technology head of cybersecurity and blockchain Andreas Kind said to me in an interview. Kind mentioned use cases pertaining to areas such as supply chain, mobility, manufacturing, etc.When entities are interested in making the move toward blockchain, they generally undergo periods of testing and discovery before choosing the most effective and applicable use cases, Kind explained. “Siemens is exactly in this kind of phase,” he added. The company just completed a period of exploration, Kind said, adding, “Now we’re at the point where we’re really zoomed into a set of use cases that are related to Siemens’ business.” Siemens is looking toward permissioned blockchain…

    Jul 16, 2019
  • Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto

    Goldman Sachs may ultimately take part in the crypto disruption of finance, according to its CEO, David Solomon.

    Jul 1, 2019
  • Trump Administration in Talks With Crypto Startup on Israeli–Palestinian Peace Plans

    The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts.

    Jun 28, 2019
  • Walmart China Will Track Food in Supply Chain with Vechain’s Thor Blockchain

    Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25.

    Jun 26, 2019
  • PwC Unveils New Tool for Auditing Crypto Transactions

    Jun 21, 2019
  • China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

    China’s internet giants appear unlikely to follow Facebook into the cryptocurrency space anytime soon – though you can be sure they’re paying attention.

    Jun 20, 2019
  • 100 Japanese Firms Adopt Blockchain Technology for Data Sharing

    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.

    Jun 18, 2019
  • Multi-Billion Dollar Crypto Firm: Bitcoin Finding Use as Hedge for Global Crisis

    And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach.

    Jun 17, 2019
  • Amazon Partnering With UK Insurer for Blockchain-based Pension Deals

    Amazon, the e-commerce company that needs no introduction, is partnering with Legal & General, an insurance agency based in the United Kingdom, to build a blockchain network for “corporate pension deals,” reports Reuters.Blockchain-based annuitiesLegal & General are taking advantage of the blockchain system put in place by Amazon Web Services. The goal is to use this network to handle annuities, pension schemes, and more. Thomas Olunloyo, CEO of Legal & General Reinsurance spoke on the matter:“The long-term nature of annuities business as it allows data and transactions to be signed, recorded and maintained in a permanent and secure nature over the lifetime of these contracts, which can span over 50 years.”According to the publication, Legal & General is using the blockchain platform for services outside of its main areas of work, the United States and the United Kingdom. However, if things go well here, the group would be more than happy to move the blockchain over to its primary markets.The General Manager at Amazon Managed Blockchain at Amazon Web Services Rahul Pathak commented on the partnership as well, saying that it…

    Jun 12, 2019
  • University of British Columbia Adds Blockchain Program for Master’s and PhD Students

    One of Canada’s leading research universities, the University of British Columbia, is launching a blockchain tech training path for graduate students.

    Jun 12, 2019
  • Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

    Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin cash (BCH).

    Jun 11, 2019

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