Indian E-Commerce Giant Partners With Blockchain Logistics and Shipping Platform

February 20, 2019 cashtechnews

India’s largest e-commerce firm mjunction has partnered with blockchain shipping firm Shipnext. India’s largest e-commerce firm, mjunction services limited, has entered into a strategic partnership with blockchain shipping firm Shipnext, global maritime news agency Sea News reports Feb. 20. The new partnership intends to boost efficiency across mjunction’s supply chain, bringing value-added services to its […]

CEO of Japanese Finance Giant SBI Vests His Crypto Industry Hopes in Ripple and R3

February 19, 2019 cashtechnews

Yoshitaka Kitao is vesting his future hopes for crypto in Ripple and R3 technologies. Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his […]

Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems

February 18, 2019 cashtechnews

An expert from the Bank of Spain has issued a detailed report on cryptocurrencies, stating that Bitcoin will not have a significant impact on the finance sector. An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy […]

Hodler’s Digest, February 11–17: Top Stories, Price Movements, Quotes and FUD of the Week

February 17, 2019 cashtechnews

Fundstrat Global Advisors thinks that crypto prices can see higher price points, and JPMorgan plans to launch its own coin. Top Stories This Week Fundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to Crypto According to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental […]

Japan: E-Commerce Giant Rakuten’s New Payment App Appears to Support Crypto

February 17, 2019 cashtechnews

According to a new report from e-commerce giant Rakuten, the new version of its payment app will support “all payment solutions” — evidently including crypto Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on […]

Hyundai Commercial Partners With IBM to Accelerate Blockchain Development

February 15, 2019 cashtechnews

A financial services subsidiary of leading South Korean automobile manufacturer Hyundai has partnered with IBM. Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with American tech giant IBM to modernize its business model using blockchain. The news was announced on Feb. 13 at IBM’s […]

Bakkt: What Should We Expect From an Exchange Tailor-Made for Wall Street Investors?

February 15, 2019 cashtechnews

A deeper look into ICE’s digital assets platform backed by Microsoft and Starbucks. Last week, the CEO of the Intercontinental Exchange (ICE) said that the firm’s digital asset platform, Bakkt, is expected to launch later in 2019. It is time to look deeper into the project, and see what it can bring to the crypto […]

Mike Novogratz: Bitcoin Will Be Digital Gold, ‘Sovereignty Should Cost a Lot’

February 13, 2019 cashtechnews

Mike Novogratz has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Mike Novogratz, a former Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Novogratz made his remarks during an interview with Bloomberg TV on Feb. […]

Overstock Founder: Blockchain Can Make Government ‘Incapable of Being Bribed’

February 12, 2019 cashtechnews

Overstock founder Patrick Byrne has stated that blockchain technology is capable of making government “superefficient.” The founder and CEO of retail giant Overstock.com Patrick Byrne says that blockchain can make government “superefficient and incapable of being bribed,” in an interview with MarketWatch published on Feb. 12. Byrne reportedly said that government services have reached a […]

Mt. Gox Trustee May Have Crashed Bitcoin in 2018 by Dumping It on an Exchange, but There is Still Hope

February 12, 2019 cashtechnews

Mt. Gox may have crashed the Bitcoin price in 2018 by dumping $321 million on an exchange. The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) throughout February and June of 2018 through a Japanese exchange called BitPoint. GoxDox, an organization that was established to assist Mt. Gox creditors, […]