PYMNTS

NOVEMBER 5, 2020

In other news, ten Spain-based tech and finance companies are developing a self-managed digital identity using blockchain and have completed the concept test phase, according to a Santander press release. A self-managed identity also protects the security of the information and ensures that it cannot be altered.

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PYMNTS

MAY 3, 2019

Microsoft has announced the launch of Azure Blockchain Service , which simplifies the formation, management and governance of consortium blockchain networks. Because it’s built on the popular ethereum protocol, which has the world’s largest blockchain developer community, Quorum is a natural choice.

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PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. Keeping track of everything is complicated, and onboarding new clients involves a lot of data collection. Given this, Accenture Procurement asked our internal IT and Accenture Technology blockchain organizations for a solution.”.

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PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail.

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PYMNTS

OCTOBER 24, 2018

In the blockchain space, the announcements come fast and furious. The movement to bring all sorts of data and processes to the decentralized ledger model and to blockchain platforms is an inexorable one. The company has said that its blockchain platform has more than 400 clients, using Hyperledger Composer and Hyperledger Fabric.

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PYMNTS

OCTOBER 23, 2020

SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported. Our model is different from that of most accelerators,” Ovadia, who manages the accelerator, told Globes.

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PYMNTS

JUNE 19, 2019

Libra may have dominated the news so far this week — and, of course, the new cryptocurrency announced by Facebook is underpinned by blockchain. To that end, the MediLedger project debuted a new pilot program this week, billed as a cross-industry initiative that eyes using blockchain for drug supply chains.

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PYMNTS

JANUARY 16, 2019

In Asia, blockchain continues to get a boost from government and regulatory efforts, especially in the realm of trade finance done across borders. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region. IoT Gains Traction With Blockchain.

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PYMNTS

JUNE 2, 2020

In separate news, IBM and Chainyard, the blockchain consultancy, unveiled a supply chain management blockchain network called Trust Your Supplier, which aims to bolster supplier validation, life cycle data management and onboarding. Gartner Inc.,

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PYMNTS

DECEMBER 7, 2018

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital identity, The Next Web reported.

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PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG. Securities Exchange and DLT.

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PYMNTS

NOVEMBER 5, 2018

China Merchants Bank ( CMB ) announced that it has become the first bank in the country to issue blockchain electronic invoices. According to China Knowledge , the news comes just one month after the bank revealed its intention to launch a blockchain eInvoice. This isn’t the first blockchain-based project for CMB.

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PYMNTS

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

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PYMNTS

JANUARY 3, 2019

To that end, any number of analyses are coming in the blockchain arena. According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies. In the U.S.,

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PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

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PYMNTS

DECEMBER 27, 2019

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Did Blockchain Peak In 2019?

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APRIL 10, 2019

Blockchain company XinFin is rolling out an integration between its invoice factoring application InFactor and QuickBooks. Earlier this year, XinFin announced it is joining the R3 Corda marketplace, which will host several XinFin enterprise blockchain apps, including its invoice financing solution. ”

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PYMNTS

DECEMBER 12, 2018

In the world of blockchain phones, another name may crowd the pantheon. Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones.

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PYMNTS

OCTOBER 16, 2020

In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments experimental effort in the U.K. Japan's Fujitsu, JCB, Mizuho Bank Test Blockchain-Based ID System.

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PYMNTS

AUGUST 23, 2019

The World Bank announced it has raised $33 million from investors for its blockchain-based “Kangaroo” bond, Bond- i. The bond, which is due August 2020, is the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.

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PYMNTS

AUGUST 20, 2019

Blockchain is gaining traction in supply chain management, as evidenced by a series of announcements over the past several days. In other IBM news, the tech giant and Chainyard have teamed to develop a blockchain platform that streamlines supply chain management.

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PYMNTS

APRIL 25, 2019

A report has revealed that Samsung is planning to develop its own proprietary blockchain network, as well as launch its own cryptocurrency token. Currently, we are thinking of a private blockchain, though this is not yet confirmed. The news comes as Samsung just invested 2.6 million euro (around $2.9

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PYMNTS

AUGUST 27, 2020

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated.

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PYMNTS

NOVEMBER 29, 2018

Amazon Web Services (AWS) is rolling out two new solutions designed to enhance the transparency of corporate transactions for companies that have full audit requirements. ” He spoke at the firm’s re:Invest conference on Wednesday, when the products were announced, separate reports in CNBC said.

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PYMNTS

NOVEMBER 19, 2019

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. Earlier this year, the British Virgin Islands partnered with blockchain firm LIFElabs.io

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PYMNTS

JUNE 10, 2019

Microsoft is also expected to announce it will use blockchain as well. With the new tools, users will be able to choose from several code packages that inject AI into their applications. On the blockchain front, the report said Microsoft will offer blockchain tools for PowerApps and Microsoft Flow customers.

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PYMNTS

JANUARY 2, 2019

Boards of directors and executive management teams cannot afford to manage risks casually on a reactive basis, especially considering the rapid pace of disruptive innovation and technological developments in an ever-advancing digital world.”. Its “ Can blockchain revolutionize international trade?

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PYMNTS

DECEMBER 19, 2018

Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics.

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PYMNTS

MAY 2, 2019

Amazon Web Services (AWS) has launched its Amazon Managed Blockchain , a service that enables users to create and manage scalable blockchain networks. However, they find these frameworks difficult to install, configure and manage,” said Rahul Pathak, general manager of Amazon Managed Blockchain at AWS, in a press release.

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PYMNTS

DECEMBER 21, 2020

In other news, Russia’s VTB Bank has teamed with blockchain platform Masterchain to issue digital bank guarantees backed by blockchain, the bank announced in a press release. 16), in the first blockchain-supported bank guarantee in Russia. 16), in the first blockchain-supported bank guarantee in Russia.

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PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. Bill.com noted it has three million customers in place and manages $60 billion annually in payments volume.

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PYMNTS

MARCH 31, 2020

million in seed funding, but distributed ledgers only have a small function in the company that will reportedly launch in April even though its team has blockchain expertise, Coindesk reported. The personnel at Manetu, however, are not short on their blockchain knowledge. Manetu, a data privacy startup, reportedly just notched $3.5

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PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. are increasingly linking into the real-time payments infrastructure of the RTP network, according to a new survey by The Clearing House. RTP Expands Across FI Base.

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PYMNTS

AUGUST 13, 2018

WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug. CoinDesk reported Friday (Aug.

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PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. In an interview with CNBC, SWIFT Asia-Pacific Managing Director Lisa O’Connor said that some of its members are indeed using blockchain. SWIFT is not planning to use blockchain directly in efforts to settle transactions done between banks.

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PYMNTS

NOVEMBER 15, 2020

The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. It looks to provide "a safe travel experience" during the pandemic, and the blockchain it uses is from Microsoft Azure.

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PYMNTS

DECEMBER 16, 2020

“We’re seeing growing interest from traditional asset managers who are adding cryptocurrencies as an inflationary hedge, catalyzed by recent macro-economic policies,” said Raghu Yarlagadda, FalconX CEO and co-founder, in the release. Meanwhile, banks in Malta are skeptical of jumping on the blockchain bandwagon, according to Cointelegraph.

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