Blockchain

Indonesian Startup Pundi X to Enable Crypto Payments in Venezuela

Traki, one Venezuela’s largest chain of department stores, announced that it will be implementing XPOS, a point-of-sale device powered by blockchain. Through the XPOS, Traki customers are able to use various cryptocurrencies like Bitcoin, Ether and Pundi X’s own crypto

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Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding

Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology

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World Bank Issues Second Tranche of its Kangaroo Blockchain Bond Via Bond-i

The World Bank has raised an additional AUD 50 million for its Kangaroo bond due August 2020 – the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology. The successful tap expands market participation

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“Satoshi Nakamoto” Apparently Lost 980,000 Bitcoins to Hard Drive Failure

One of the biggest veils of mystery surrounding the world of cryptocurrency is the identity of Satoshi Nakamoto the creator of Bitcoin. His/her (their?) whitepaper, of course, laid the foundation to an entire blockchain and cryptocurrency industry today. Given the

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Binance Announces “Project Venus” A Competitor to Facebook’s Libra

Binance today announced its plans to initiate an open blockchain project, Venus, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Binance is looking to create new alliances and partnerships with governments, corporations,

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Doxa to Launch Blockchain Platform to Match Invoices for SMEs

SMEs will no longer need to manually reconcile purchase orders and invoices Singaporean startup, Doxa, claims. With their enterprise SaaS platform Andromeda, the startup claims to be able to enable businesses to transact goods and services without the hassle of

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Bankex’s MainWallet For Telegram Sees 5,000 Users Within First Week of Launch

Bankex’s newest dApp could be as important to the world of commerce as the first of e-commerce Web sites launching, as thousands of our early users can testify. If you want to make a payment or transfer digital assets using

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Standard Chartered Completes Blockchain Trial with Thailand’s Oil Giant Using Voltron

The use of blockchain for trade finance is often one of the most cited potential use case for technology, with some sources claiming that using blockchain to remove the bottlenecks  could potentially increase global trade volumes by US$1.1 trillion by

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Huobi Group Greenlit by Thai Regulators to Operate Crypto Exchange

Cryptocurrency exchange Huobi Group announced that they have secured the necessary regulatory approval to operate in Thailand. The group expects that their platform will go live latest by September 2019. “Huobi is one of the largest exchanges in the world

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IEOs On The Rise Amidst Crypto Summer

“Crypto summer” is finally here as the industry once again enters the mainstream, according to a new report by CoinGecko, a cryptocurrency market data aggregator. According to the 2019 Quarter 2 Cryptocurrency Report, the quarter witnessed an astonishing 125% increase

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