Blockchain Travel Service to Offer Hotels 20 Percent Cheaper Than on Booking.com or AirBnb

sponsored This service is aiming to switch to a “zero percent commission on retail bookings” model by utilizing smart contracts. The Europe-based company LockTrip wants to put the accommodation industry on the blockchain by creating “the first functional blockchain-based travel service.” The team says it already offers 100,000 hotels and more than 1,500 vacation rentals […]

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Fortnite Merchandise Store Starts ’Exclusively’ Accepting Monero as Payment Method

Popular video game Fortnite has started accepting privacy-focused cryptocurrency Monero as a payment option at it’s online store. Retail Row, the merchandise store for the online video game Fortnite, has started “exclusively” accepting Monero (XMR) as a cryptocurrency payment option, Monero tweeted Jan. 1. Fortnite is an online video game released in July 2017 and […]

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US Crypto Exchange Coinbase Introduces Digital Asset Conversions

U.S.-based crypto exchange Coinbase has launched direct crypto conversions on its retail trading platform. San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17. Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin […]

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German State Bank KfW Tests Blockchain App for Public Finance Management in Burkina Faso

German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]

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Major US Crypto Exchange Coinbase Adds Cash Withdrawals to PayPal

U.S.-based crypto exchange Coinbase enhances its services, introducing cash balance withdrawals to PayPal. Major American cryptocurrency exchange Coinbase has introduced free of charge cash withdrawals to online payment system PayPal, according to an announcement published Dec. 14. From now on, Coinbase’s United States-based customers are able to withdraw their cash balances to Paypal. The service […]

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US Credit Union Blockchain Consortium Joins R3’s Global Ecosystem

CULedger, a U.S. credit union service organization-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. CULedger, a credit union service organization (CUSO)-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. The partnership was officially revealed in a press release published Dec. 13. Based in Denver, Colorado, CULedger reportedly delivers […]

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