Remittance

AltcoinsBlockchainEthereumFinancial ServicesICOMarketPaymentRemittanceSmart Contracts

Telcoin ICO to Provide Banking Opportunities Through Telecommunications

Telcoin Pte Ltd, which aims to connect 2 billion people in the unbanked economy to mobile money using telecommunications, has today announced its initial coin offering. The company aims to raise between US$10 million to US$25 million through the ICO, with the funds raised being used to invest in technology...
Blockchain DAppsBlockchain DevelopmentFinancial ServicesHealthcareIoTRemittanceSettlementsSmart ContractsTrade Finanace

New Blockchain Platform Accepted by Hyperledger Project for Incubation Status

Soramitsu Co., Ltd., developer of open source distributed ledger and smart contracts platform Iroha, has submitted and had its platform accepted to the Linux Foundation's Hyperledger Project as an incubation sub-project. Iroha will join IBM's Fabric and Intel's Sawtooth Lake as the third distributed ledger project with incubation status. The...
Remittance

BitPesa Facilitates Payments Between Africa and China

Businesses in China and Africa can now send instant payments in local currency directly from African bank accounts to Chinese bank accounts using BitPesa’s digital platform. The remittance service BitPesa offers low-cost, instant payments from Nigerian Naira and Ugandan Shillings directly into Chinese Yuan. Businesses can use this facility to...
Digital AssetsRemittance

[Q&A] WAVES Platform Completes ICO

Last week WAVES, the decentralized platform which uses blockchain tokens represent any value, ended its ICO with a reported 29,634 bitcoins raised – then worth close to $16 million. Tokens can be customized to represent values and can then be issued by any platform user. Following issuance, tokens can be...
PaymentRemittance

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...
BitcoinRemittance

Bitwala Picked for Pioneers Festival Top Startups

Bitcoin-powered remittance startup Bitwala has been nominated one of the top 70 startups in Pioneers Festival 2016. The Pioneers Festival is one of the largest entrepreneurship and innovative technologies events in Europe, and will take place on May 24th and 25th in tVienna, Austria. Key speakers of the festival include Wikipedia Founder Jimmy...
PaymentRemittanceRipple

Ripple Hires HSBC Executive and SWIFT Board Member

Ripple, the provider of distributed ledger settlement solutions, has announced the employment of Marcus Treacher as Global Head of Strategic Accounts. Treacher apparently has more than 30 years of experience in transaction banking and payment system technology, including 12 years in global leadership roles at HSBC. He also served as a member...
Blockchain DAppsRegulationRemittance

Japan’s Largest Tech, Financial Corporates Firms to Create New Financial Services Using Blockchain Technology

A cooperative effort has been announced between ORIX Corporation, ORIX Bank Corporation, The Shizuoka Bank, Ltd., NTT DATA Corporation, and NTT DOCOMO Ventures, Inc. in which they have agreed to commence joint research toward the development of new financial services using blockchain technology. Between them, the companies represent some of...
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