Visa’s B2B Payments Tech Tested In Thailand

Visa is expanding the testing of its B2B payments technology, B2B Connect, into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. “Visa is proud that we have representation from a Thai financial institution in the pilot program,” said Visa Thailand Country Manager Suripong Tantiyanon in […]

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New blockchain-based Komgo platform set to transform commodity trading

Good news for traders across the world; global banks, along with international trading companies, have recently announced the first blockchain-based platform, called Komgo, that will allow financing for trading of commodities ranging from oil to wheat. The platform, which will be developed in partnership with blockchain technology company ConsenSys, will go live later in 2018, […]

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Tech Giant Dell Looks to Blockchain to Stay Competitive in Indian Server Market

Tech giant Dell says it aims to remain a leader in the Indian server market by introducing blockchain products. Tech giant Dell EMC Technologies plans to remain a leader in the Indian server market by introducing products that have blockchain capabilities, local news outlet Economic Times India reports September 26. Dell has identified blockchain, artificial […]

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Kenya: DLT and AI Task Force Chairman Calls on Government to Tokenize Economy

The chairman of the Kenyan DLT and AI task force has proposed that the government tokenize the economy in order to fight the “increasing” rate of corruption. Kenyan Distributed Ledgers and Artificial Intelligence task force chairman Bitange Ndemo has said that the government should tokenize the economy, local news outlet The Star reported September 25. […]

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South Korea’s Crypto Market Overview: How Largest Banks and Conglomerates Back Exchanges

The crypto market and blockchain sector in South Korea is thriving with the involvement of major banks and conglomerates. The crypto market and blockchain sector of South Korea, the third-largest digital asset exchange market in the world behind the United States and Japan, have some of the most robust systems and infrastructure in place to […]

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JPMorgan Blockchain Platform Onboards 75 Multinational Banks to ‘Keep Payments In-House’

75 more banks have joined JPMorgan’s cross-border payment platform powered by its own blockchain. JPMorgan has expanded its blockchain payment platform to over 75 multinational banks. The goal of the participants’ combined efforts is to fight off competition from outside of the banking sector, Financial Times reports September 25. Speaking to the publication, analyst Jason […]

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Walmart will demand blockchain-tracked leafy greens by next year

Walmart and its membership-based unit Sam’s Club has announced that it will require suppliers of leafy greens to implement real-time, farm-to-store tracking using blockchain technology by next September. First reported by Reuters, the move is an effort to crack down of food-safety incidents which have gained prevalence in the United States in recent years. At […]

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