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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The U.S. SEC has created the Strategic Hub for Innovation and Financial Technology which will focus on fintech-related issues, including DLT and cryptocurrencies. The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18. The FinHub will be run […]
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Dubai and the United Arab Emirates are making concerted efforts to be global leaders in blockchain adoption. In some countries around the world, governments have had a stifling effect on the adoption of blockchain technology. Conversely, the government of the UAE and Dubai have been the driving force behind the promotion of blockchain use in […]
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Samsung Electronics has announced that it has acquired Zhilabs to further enhance its 5G capabilities. Zhilabs is known for its Artificial Intelligence (AI)-based network and service analytics, and that AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars. In addition, AI-based transformation […]
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A new study has found that hackers can use appliances that are connected via the Internet of Things (IoT) to set off widespread blackouts. The data from a Princeton University study found that hackers are able to take control of washing machines, refrigerators, air conditioners, and other connected devices to “manipulate the power demand in the grid,” […]
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Macy’s and Marxent have announced a partnership that will enable the largest virtual reality (VR) rollout in retail history, with approximately 70 Macy’s VR installations in stores nationwide. It is expected that an additional 20 locations will be launched by January 2019, enabling customers to discover products and make informed buying decisions using the Macy’s […]
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The Amazon Effect has spurred pharmacies to reach beyond the drugstore aisles, virtual and physical. As noted this week by CNBC, two giants in the field, Walgreens and CVS Health, have been refashioning themselves as healthcare companies eyeing the patient care continuum. The latter firm, of course, is in the midst of acquiring Aetna, the […]
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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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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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Almost two-thirds of those who took Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme. Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18. Since the Virtual Financial Assets Act […]
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