Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements

Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International, developed a blockchain platform for settlements by holding firms. Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform, the bank announced in a press release on May 31. Targeting holding firms, the new blockchain platform claims to automate settlements […]

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SBI Ripple Asia to Trial Store Settlement Service for XRP-Powered Payments App MoneyTap

SBI Ripple Asia is launching a store settlement service affiliated with SBI Holdings and MoneyTap. SBI Ripple Asia — a subsidiary of Japanese financial services giant SBI Holdings — is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap. The news was reported by Cointelegraph Japan […]

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Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in $7,000-$10,000 Range

Michael Novogratz said that he expects bitcoin to consolidate in the $7,000-$10,000 range. Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has said that he expects bitcoin (BTC) to consolidate in the $7,000-$10,000 range, Bloomberg reports on May 30. Per the report, during a conference call discussing his company’s quarterly earnings, he […]

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Irish University to Offer Blockchain Master’s Degree Following New Partnership

ICT Skillnet and Dublin City University have launched Ireland’s first master’s program in blockchain technology for IT professionals. Dublin City University has partnered with tech company network Technology Ireland ICT Skillnet to create the country’s first master’s program in blockchain technology. The new educational certification was announced by the Irish government’s Department of Business, Enterprise […]

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State Farm and USAA Test Blockchain Platform for Insurance Claims Process

State Farm and USAA have partnered to test a blockchain-based solution for the insurance payment process, subrogation. United States insurance giant State Farm and military-affiliated bank United Services Automobile Association (USAA) are testing a blockchain-based subrogation solution with real claims data. State farm announced the development in an official press release on May 30. The […]

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