After its controversial Colin Kaepernick ads appeared earlier in September, the market value of Nike has grown by $6 billion. All in, the retailer’s stock has risen by 36 percent during the year, with 5 percent of the gain occurring after the release of the ads, Fortune reported. Riley FBR Chief Market Strategist Art Hogan said […]
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Thailand’s fourth largest bank, Kasikornbank, will join Visa’s blockchain-based B2B solution for international payments. Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20. According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, […]
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BofA has filed a new patent for managing the communication of data from Internet of Things devices. The U.S.’s second-largest bank, Bank of America (BofA), has filed a new patent for adapting multiple digital signatures in a distributed network, according to a U.S. Patent and Trademark Office (USPTO) filing published September 18. The new patent […]
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sponsored Cryptocurrency exchange aggregator provides comparable listings for crypto-to-crypto exchanges and fiat-to-crypto purchases, and a tool that allows users set up an exchange on their websites. The number of digital asset exchanges has exceeded 200. Many offer different functions, exchange fees and niches that give them a competitive edge. With so many choices, it’s hard […]
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The Spanish government plans to apply blockchain technology to develop the local forestry industry. The Spanish Ministry of Agriculture, Fisheries and Food plans to apply blockchain technology to develop the forestry industry, local news outlet EuropaPress reported September 21. The operating group, entitled ChainWood, aims to improve the traceability and efficiency of the wood supply […]
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Raiffeisen’s Russian branch issues its first ever e-mortgage, hoping to connect the local real estate regulator to the blockchain system. A Russian subsidiary of Raiffeisen Bank International has issued an electronic mortgage using local blockchain platform Masterchain, local business newspaper Kommersant reports Monday, September 24. The document containing data on the parties in the transaction, […]
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IBM has been awarded a new patent for the autonomous self-servicing of networked devices that use a blockchain protocol. IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. […]
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A new partnership between Ideanomics and APMEN Tech Trade Co. could see blockchain improve port clearance in Shanghai and Guangzhou. U.S.-based technology company Ideanomics has partnered with the Asia-Pacific Model Electronic Port Network (APMEN) Trade Tech Co. to streamline supply chains with blockchain tech, a press release reports Thursday, September 20. Together with APMEN Trade […]
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Source: PYMNTS A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed companies since 2005, finding firms that had to reissue their financials due to errors. While the number of mistakes has […]
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Source: PYMNTS The late payments spotlight shines again on the United Kingdom, where the struggles continues for smaller firms to manage cash flow as larger firms hold back payments – or do not pay at all. Even as lingering effects of the Carillion bankruptcy – where the construction industry juggernaut owes 800 million pounds to […]
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