Payment

Blockchain DevelopmentDigital AssetsGlobal StandardsPayment

Waves Platform Implements New Blockchain Scalability Approaches

Waves platform, the custom blockchain token initiative targeting mass-market consumer and business adoption, has announced a series of measures to enable greater network scalability. Scalability is a hot issue for cryptocurrency platforms. Since every transaction is recorded on the blockchain, the requirement of resources to process and store the information...
BlockchainPayment

MonetaGo and Major Indian Banks Demonstrate Blockchain Technology for Payment

New York-based MonetaGo, a software company providing blockchain solutions to financial institutions and central banks, has successfully demonstrated how blockchain can be connected with current payment protocols using the NPCI's current Immediate Payments Service (IMPS). The Indian authorities and banks were able to successfully analyze the workflow, authentication, connectivity, performance...
BlockchainPayment

Blockchain Cross-Border Payments Platform Launched

Wyre, a San Francisco FinTech company, has launched its cross-border payments platform, also called Wyre. Wyre is using the blockchain to make cross-border payments faster and more cost effective. The platform is to enable businesses to move money across borders from country-to-country at a competitive foreign exchange rate. Wyre also...
Payment

New Link to United Kingdom for Align Commerce

Next-generation global payments provider Align Commerce, which serves the small and medium-sized business community, has announced the UK as another area that businesses can send money out of - opening up send and receive capabilities from the UK to the US and over 60 other countries. With the value of...
BitcoinPayment

Unocoin Launches Bitcoin iOS and Android Mobile App

Indian Bitcoin company Unocoin has announced the launch of its new mobile app for both iOS and Android devices. Developed by Unocoin, the app will allow consumers to buy, sell, send, receive and store bitcoin in one place, from any remote device. The app provides unlimited access to real-time bitcoin...
Financial ServicesPaymentSecuritySettlements

Deutsche Bundesbank and Deutsche Börse Develop Securities Settlement Solution

Deutsche Bundesbank and Deutsche Börse have jointly presented a functional prototype for the settlement of securities utilising blockchain technology. The prototype is designed to provide the technical functionality for the settlement of securities in delivery-versus-payment mode for centrally-issued digital coins, as well as the pure transfer of either digital coins...
Payment

Interledger Looks to Develop and Grow as Protocol

Adrian Hope-Bailie of Interledger, the protocol for connecting blockchains, payments networks, wallets and all other aspects of distributed ledger technology, has written his thoughts on bootstrapping the Interledger with an aim of getting real money moving through it. To achieve this, Hope-Bailie had three main areas of focus: firstly, to...
BlockchainFinancial ServicesPayment

Global Risk Technologies CIO Appraises Blockchain Technology for Consumers and Merchants

Recently, the World Economic Forum predicted blockchain technology will “fundamentally alter the way financial institutions do business around the world” and will soon become “the beating heart” of the finance industry. Monica Eaton-Cardone, an IT executive with payment industry and financial technology expertise, agrees that blockchain will renovate the global financial...
Payment

Cross Borders Payments Proof of Concept from D+H and Rabobank

DH Corporation, technological solutions provider to financial institutions, and international financial service provider Rabobank have announced the execution of a proof of concept that has shown that D+H's payments services hub, together with Coin Sciences' multichain blockchain solution, is able to execute cross-border payments in near real-time for banks, using...
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