Major UK Public Transport Provider Partners With Crypto Startup for Loyalty Program

Major U.K. public transport provider Go-Ahead Group Plc. is partnering with a blockchain startup on a tokenized rewards system for rail customers. Major United Kingdom public transport provider Go-Ahead Group Plc. is partnering with blockchain startup DOVU to introduce a tokenized rewards system for rail customers, TechCrunch reported Feb. 1. Listed on the FTSE 250 […]

Continue Reading

Japanese IT Giant Fujitsu Completes Test of Blockchain Electricity Sharing Project

The trial scheme involved increasing efficiency of a power sharing process called Demand Response (DR). Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29. Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase […]

Continue Reading

Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

Japanese e-commerce giant Rakuten will control its crypto exchange and prepaid card service through a new setup called Rakuten Payment. Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally […]

Continue Reading

Swiss ‘Smart Card’ Crypto Wallet Tangem Gets $15 Million From Japan’s SBI Group

Crypto hardware wallet developer Tangem says newly raised funds will go towards increasing penetration in industries such as transport and loyalty. Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Tangem, which began issuing its first […]

Continue Reading

Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner

Gaming hardware producer Razer has launched its redesigned native virtual currencies and a desktop SoftMiner. United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12. Founded in 2005, Razer has become a leading gaming hardware […]

Continue Reading

PayPal Launches Blockchain-Based Innovation Reward System for Employees

PayPal’s new blockchain initiative grants tokens to employees who participate in innovation-related programs and contribute ideas. Major global online payments system PayPal has launched a blockchain-based reward system for its employees. Financial news channel Cheddar reported on the platform launch Thursday, Dec. 6, citing PayPal’s director of innovation Michael Todasco. According to Cheddar, the program […]

Continue Reading