Tourist Cryptocurrency Planned for Japanese Retail Markets

In conjunction with the blockchain start-up GATCOIN, SK Planet Japan has announced plans to issue geo-targeted cryptocurrencies to Chinese tourists in Japan. Providing tourists with the opportunity to use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners. Steve Lee, CEO of SK...

UTRUST and Soma Partnership Upgrades Classifieds Business Model

Soma, an Ethereum blockchain start-up that facilitates trade in classifieds, and UTRUST, a payment processor solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat money, have announced a partnership to upgrade the classifieds business model. Co-founder Joseph al Sharif commented: “Soma is...
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Blockchain Live Reveals Blockchain Potential Across industries

On the 20th of September, 2017, the Blokchain Live event was held at The Brewery in London. Over the course of one day, hundreds of attendees had the opportunity to listen to talks given by a wide variety of speakers on the subject of blockchain technology, with topics ranging from...
AltcoinsBitcoinEthereumFinancial ServicesPayment

Digital Currency Payments Solutions for Industries Lacking Financial Services

POSaBIT Inc., a Seattle-headquartered fintech company that provides digital currency payment solutions for industries that lack access to traditional banking and financial services, has announced that it has raised $1.5 million in funding from the Seattle community of angel investors, and New York based Digital Currency Group. Founders Jon Baugher...

XRP Listing on Six New Exchanges to Increase Liquidity

Blockchain payments provider Ripple has announced the expansion of its partnership with BitGo to list XRP on several leading digital asset exchanges: Bitso, Coinone, bitbank, and SCI’s BuyBitcoin. Additionally, AlphaPoint will be adding XRP to their platform so that their exchange customers can list XRP, and separately, Quoine’s QRYPTO exchange...

Russian Retailer to Accept Bitcoin

Russian online retailer Ulmart, plans to start accepting bitcoin as a form of payment from 1st September, 2017. The decision was made in light of the continued evolution of the technology and importance of blockchain technology. Currently, Ulmart sells close to 150,000 SKU in its ‘first-party seller’ format. With the...
BlockchainFinancial ServicesMarketPayment

Blockchain Technology Transforms Finance and Accounting Operations

Global professional services firm Genpact, which focuses on delivering digital transformation, is investigating the possibility of companies using a digital finance and accounting solution that leverages blockchain technology to manage order-to-cash operations. In this way, Genpact aims to transform operations, customer satisfaction, and cash flow management by eliminating billing errors...
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