The Japanese Bank Consortium will release an instant domestic payments mobile app, “MoneyTap,” using Ripple’s technology in the fall of 2018, Ripple’s blog reported yesterday, March 6. The 61-bank consortium, led by SBI Ripple Asia, is representative of more than 80 percent of all of Japan’s banking assets, according to...
Online retailer Amazon this week received feedback that its hypothetical creation of an “Amazon Coin” would be positively received, while Starbucks, another large traditional consumer company, spoke of plans to use Blockchain on the Starbucks app, also hinting of the possibility of creating their own currency for the app’s...
Jack Dorsey, CEO of San Francisco-based payment service Square, revealed the company’s plans to focus on developing increased options for Bitcoin (BTC) use in a conference call Tuesday, Feb. 27 with Market Watch. Dorsey, who is also the CEO of Twitter, specifically discussed the company’s Cash App, which now allows...
For those new to cryptocurrency, finding the most trustworthy advice to make their first steps into a new environment can be overwhelming. Equally, more experienced traders want to continue to advance their portfolios to their best potential. A new ‘all in one’ platform, Pinnacle, aims to provide an investment...
Singapore Airlines will release a “groundbreaking” Blockchain-based app for frequent flyers by August 2018. In a press release issued Monday, Feb. 5, the airline announced a Blockchain-based app for its KrisFlyer program had passed a “successful proof-of-concept exercise” with Microsoft and KPMG Digital Village. Now looking to sign up Singapore-based merchants,...
Four Bitcoin 4 developers have released a paper outlining how Schnorr multi-signatures (‘multisig’) can help scale the Bitcoin Blockchain. In the paper, published Jan. 15, Greg Maxwell, Andrew Poelstra, Yannick Seurin and Pieter Wuille discuss and illustrate how the technology, which ‘bunches’ multisig data together to reduce its size in...
Given the meteoric rise in popularity of cryptocurrencies in 2017, some mainstream financial institutions are clamoring to board the steadily moving crypto train. The successful launch of Bitcoin futures contracts on CBOE and CME markets has proven that there is a healthy appetite for Wall Street investors to hedge their bets on...