Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project

Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. The overall roster was announced by technology-focused media outlet […]

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WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber

Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium. Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar […]

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Report: Number of Blockchain Patent Filings Outstrips Other Technologies

The number of patent filings for blockchain tech is reportedly outpacing patent filings for other forms of nascent technology, according to a new report. The number of global blockchain patent filings significantly outstrips the patent filings for other technologies, according to research by the Swiss Federal Institute of Intellectual Property (IPI) and London-based law firm […]

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Cashless-Bound: Japan’s Transport, e-Commerce Partnership on the Fast Track

Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless. The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash. Homegrown e-commerce […]

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Rakuten Partners With Japan’s Biggest Railway Firm to Promote Cashless Payments

Japanese e-commerce giant Rakuten has partnered with Japan’s biggest railway firm to promote cashless payments. Japanese e-commerce giant Rakuten has partnered with Japan’s biggest railway firm, the East Japan Railway Company (JR East), to promote cashless payments. The news was reported by Cointelegraph Japan on June 5. The partnership will enable commuters to charge and […]

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