Gates Foundation to Partner with Ripple and Coil to Support ‘Pro-Poor’ Payment Systems

The Bill and Melinda Gates Foundation will partner with Coil and Ripple to implement Interledger and develop “pro-poor” payment systems on its mobile platform Mojaloop. The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller […]

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Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?

Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]

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‘Cryptocurrency Fever’ Has Begun to Diminish, Russian Central Bank Head Says

The head of Russia’s Central Bank, Elvira Nabiullina, remains skeptical about cryptocurrencies’ popularity, which she has previously compared to “gold fever.” The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18. Nabiullina, while speaking at finance innovation forum Finnopolis […]

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Goldman Sachs and Galaxy Digital’s Mike Novogratz Invest $15 Million in Crypto Custody Firm

U.S. crypto wallet and blockchain security firm BitGo gets $15 million from banking giant Goldman Sachs and Galaxy Digital’s Mike Novogratz. U.S. banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S. crypto custody service BitGo, Bloomberg reports Wednesday, Oct. 18. In […]

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Ticketmaster to Enhance Ticketing System with Blockchain in New Partnership

Ticketmaster has acquired blockchain-focused live events firm Upgraded to enhance its ticketing system and prevent fraudulent tickets. Global ticketing giant Ticketmaster has acquired blockchain-focused live events firm Upgraded, according to an Oct. 18 press release. Ticketmaster, a division of the world’s largest live-entertainment business Live Nation, plans to use blockchain technology through the partnership as […]

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G4S now offers vault security for the ‘wild west’ crypto market

Guarding everything from cash transfers to prisons, it was a matter of time before international security giant G4S flexed its muscles in cryptocurrency. Yesterday (October 17) the security firm announced it now offers high-security offline digital currency storage – a result of demand from clients including an unnamed European cryptocurrency exchange itself. The company cited […]

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Accenture Works With Thailand’s Oldest Bank to Release Blockchain Supply Chain Tool

Accenture and a fintech subsidiary of Siam Commercial Bank have released a blockchain solution powered by R3’s Corda technology. Global management consultancy firm Accenture announced it had partnered with a subsidiary of Thailand’s oldest bank on a new blockchain tool aimed at supply chains in a press release Wednesday, Oct. 17. In the latest implementation […]

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Natwest Bank Launches R3 Corda Blockchain-Based Syndicated Lending Platform

U.K.-based bank Natwest will integrate a new blockchain platform underpinned by R3 Corda technology for use in the syndicated loans market. U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market, financial news platform Mondovisione reports today, October 18. The new platform, dubbed “Fusion […]

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Blockchain E-Commerce Platform Allows Shoppers to Purchase Directly From Manufacturers

sponsored The company says manufacturers can enjoy faster distribution and access to markets, and consumers would enjoy low prices and access to a greater number of products. A new decentralized e-commerce platform aims to allow online shoppers and e-commerce stores to combine purchasing power and microdistribution to access bulk pricing and discounts. Buying.com says that […]

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