Major Saudi ATM Provider Partners With Blockchain Identity Platform

Saudi ATM provider Alhamrani Universal and blockchain firm ShoCard will jointly develop a new type of ATM combining blockchain and biometrics technologies. Saudi automated teller machine (ATM) provider Alhamrani Universal (AU) has collaborated with blockchain identity platform ShoCard to develop a blockchain-based biometric ATM, according to a press release published on Feb. 27. The collaboration […]

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Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform

Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others. Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14. Following the two-week funding round, the company revealed its intention […]

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Chinese E-commerce Giant Alibaba Wins Preliminary Injunction Against Alibabacoin

A New York judge has ruled in favor of Chinese giant Alibaba in its trademark infringement case against Alibabacoin. Chinese e-commerce giant Alibaba has won a preliminary injunction against Dubai-based Alibabacoin Foundation in a lawsuit over the misleading use of Alibaba in their name, financial website MarketWatch reports Wednesday, Oct. 24. The U.S. District Court […]

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