Spain’s Largest Telecom Company Seeks Entrepreneurs in Blockchain, AI

February 20, 2019 cashtechnews

One of the world’s largest telephone operators, Telefónica, has launched a call to support startups related to blockchain and AI. Spain’s largest multinational telecommunications company, Telefónica, has announced an initiative to support entrepreneurs in innovative technologies, such as blockchain and artificial intelligence (AI), according to an official press release published on Feb. 19. The Madrid-based […]

Binance Launches Decentralized Crypto Exchange Testnet

February 20, 2019 cashtechnews

Binance has launched the testnet of its new decentralized exchange, Binance DEX, which is based on the Binance Chain and supports hardware wallets. Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20. Per Binance, the exchange, powered by […]

Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

February 19, 2019 cashtechnews

Japan’s central bank examines central bank digital currencies in a new report, laying out their benefits and drawbacks. Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19. In the document, the bank describes the possible ways to implement a […]

South Korean Capital to Invest Over $1 Billion in Fintech and Blockchain Startups by 2022

February 19, 2019 cashtechnews

The government of Seoul plans to spend $1 billion to support blockchain and fintech startups via an investment fund. The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022, according to the official announcement published on Feb. 18. According to the release, the South Korean […]

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 […]

South Korea’s Largest Telecom Company to Develop Local Crypto: Report

February 14, 2019 cashtechnews

South Korea’s largest telecommunications company, KT Corporation, announced that it will develop a local currency platform in the South Korean city of Gimpo. South Korea’s leading telecommunications company, KT Corporation, has been selected to develop a local cryptocurrency in the South Korean city of Gimpo, local media outlet ZDNet Korea reports on Feb. 14. The […]

South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents

February 13, 2019 cashtechnews

The South Korean bank has filed 46 blockchain-related patents to connect new technology and banking systems through the tech. South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) — has announced that it has filed 46 patent applications for business models related to blockchain, business technology news website ZDNet reports on […]

South Korea’s Second Most Populous City Signs MoU With Blockchain Firm to Promote Fintech

February 13, 2019 cashtechnews

South Korea’s Busan has signed an MoU with blockchain firm Hyundai Pay to revitalize the blockchain industry. The South Korean city of Busan has signed a Memorandum of Understanding (MoU) with blockchain company Hyundai Pay, according to a press release published on Feb. 12. According to the announcement, South Korea’s second most populous city after […]

‘Computing is Power’: Blockchain Protocol Invites Developers to Build DApps on Its Network

February 12, 2019 cashtechnews

sponsored A blockchain protocol is making it easier for developers to build peer-to-peer financial applications, enabling them to focus on innovations. A new blockchain protocol is presenting itself as a place where businesses and individuals can build peer-to-peer financial applications with confidence. Bytom describes itself as the “infrastructure of the asset internet.” The company’s vision […]

How We Will Remember the Year of the Dog? ICO Market Decline, Trend Toward Compliance and Other Takeaways

February 10, 2019 cashtechnews

As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year. Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened. While there was a promising start in […]