singapore Archives - Page 15 of 73

Mercedes-Benz Manufacturer Daimler to Collect Data Using Blockchain

July 8, 2020cashtechnews

Mercedes-Benz’ parent company has partnered with Ocean Protocol to use blockchain technology to privately collect and package data for monetization. Ocean Protocol, a decentralized data exchange protocol focussed on data collation, sharing, and monetization, has announced a pilot project partnering with Mercedes-Benz’ manufacturer Daimler AG. Daimler’s South East Asia subsidiary will use blockchain-based solutions to […]

Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert

July 8, 2020cashtechnews

Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure. Benjamin Soh, founder of blockchain development firm STACS, said that institutional players, not business-to-consumer companies, will drive the mass adoption of financial infrastructure built on blockchain technology. During the Unitize virtual conference, Soh said that if they […]

Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain

July 8, 2020cashtechnews

A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd. In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain. The steel company obtained a $16.87 million shipment […]

Global Compatibility Is A Key Factor In The CBDC Race, Says Expert

July 7, 2020cashtechnews

CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert. International interoperability will become the cornerstone of the CBDC race as it goes forward, according to Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong. Speaking at the Unitize blockchain conference […]

Singapore’s Blockchain Landscape Has Grown More than 50% Since Last Year

July 6, 2020cashtechnews

There are 234 companies in Singapore’s blockchain landscape. A collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been in 2019. Supported by a Singaporean governmental agency called the Infocomm Media Development Authority (IMDA), this map […]

Biggest Corporations Sceptical of Introducing Crypto Payment Option

July 5, 2020cashtechnews

Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports. The news that PayPal, the payments giant with 325 million active user accounts worldwide, was considering the direct sale of crypto assets — along with custodial services — had the crypto community buzzing last week, even if […]

DeFi Offers Potential Investment Opportunities said HyperChain Capital

July 4, 2020cashtechnews

HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm. Decentralized finance, or DeFi, offers potential growth opportunities said the chief executive of digital assets management company HyperChain Capital. HyperChain CEO Stelian Balta said DeFi “has a huge opportunity to grow” and that digital currencies and blockchains are […]

OneCoin Marketing Scam Operator Fined $72,000 in Singapore

July 3, 2020cashtechnews

A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin. On Wednesday, a 52-year old man named Fok Fook Seng of Singapore was found guilty of operating a multi-level marketing scam linked to the cryptocurrency Ponzi scheme OneCoin. Since its inception, the OneCoin crypto scam has defrauded […]

Destination Blockchain: Shaking Up Travel Industry and Cutting Costs

July 1, 2020cashtechnews

Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry. The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the […]

PayPal Dabbling in Crypto Could Make BTC a Mainstream Payment Option

July 1, 2020cashtechnews

As PayPal is rumored to join the crypto game, what will it mean for the industry and the price of Bitcoin and Ether? Earlier this month, global payments giant PayPal was rumored to be considering listing crypto assets on its platform, which is estimated to have around 325 million active accounts worldwide. The company is […]

Tag: singapore

Mercedes-Benz Manufacturer Daimler to Collect Data Using Blockchain

Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert

Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain

Global Compatibility Is A Key Factor In The CBDC Race, Says Expert

Singapore’s Blockchain Landscape Has Grown More than 50% Since Last Year

Biggest Corporations Sceptical of Introducing Crypto Payment Option

DeFi Offers Potential Investment Opportunities said HyperChain Capital

OneCoin Marketing Scam Operator Fined $72,000 in Singapore

PayPal Dabbling in Crypto Could Make BTC a Mainstream Payment Option

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