Financial ServicesPayment

China Continues Blockchain Development

An article by China Daily has revealed the news that China's social security system will be utilising blockchain technology in reducing the cost of transactions and enabling trade. The National Council for Social Security Fund controls finances worth billions of US dollars and leveraging blockchain technology will result in huge...

BlockPay Begins ICO in Association With OpenLedger

Munich based FinTech company BlockPay, which uses blockchain technology to help businesses with fast and simple payment processing services, has announced its pre-ICO, hosted by OpenLedger, which began today, at 04:00 PM GMT. It has already proved successful with over 300 BTC raised within a few hours of the campaign...

Bitcoin Payments Coming to Twitter

Users of twitter are now exposed to the benefits of cryptocurrency as iPayYou's Pay-by-Twitter feature launches. The app will provide the 310 million monthly active tweeters with the ability to make peer-to-peer payments via the social media site. The bitcoin software wallet, which launched in May 2016, will be the...

Abra Goes Live in United States

Digital wallet Abra has announced that its app is now available on iPhone and Android for consumers in the US. Customers can now use the Abra app in the US or the Philippines to send money for free to anyone else with the app by funding their Abra wallet with...

Blockchain Unveils Alpha Release of Lightning Network

Blockchain, a major bitcoin wallet provider, has launched its alpha version of the Lightning Network, dubbed Thunder. Lightning Networks are designed to bring scalability and instant off-chain payment capability to the Bitcoin Blockchain. Thus, Blockchain is positioning Thunder to facilitate secure, trustless and nearly instant payments, enable the power of micro-transactions, permit the network to handle...
Blockchain DAppsEquities/DerivativesPaymentSmart Contracts

Chain Releases Open Blockchain Protocol Developed with 9 Major Financial Institutions

Blockchain technology provider Chain has released an open source blockchain protocol developed over the last 18 months through partnership with various financial services firms. Capital One, Citigroup, Fidelity, First Data, Fiserv, Mitsubishi UFJ, Nasdaq, State Street and Visa contributed to the development of the Chain Open Standard. Jim McCarthy, executive...

Coinsource Adds 7 Bitcoin ATMs in LA, 2 in Las Vegas

Coinsource, a US bitcoin ATM network, has announced its single largest installation of bitcoin ATMs to date, launching seven new machines across the Los Angeles area and two more bitcoin ATMs in Las Vegas. With these additions, Coinsouce now claims to be the largest bitcoin ATM provider on the West Coast with...
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