PYMNTS

MARCH 7, 2018

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network.

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PYMNTS

APRIL 27, 2020

To help government units and healthcare organizations discover non-traditional suppliers who have changed course to address the shortage of supplies needed for COVID-19 relief efforts, IBM unveiled a blockchain-based network called IBM Rapid Supplier Connect.

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PYMNTS

JUNE 12, 2019

Retailer Target is developing an open source blockchain solution to boost transparency within supply chains , the company revealed. Reports said Target opened up its developed blockchain tool on GitHub, where it was named “ConsenSource,” with evidence of its existence on the platform in April.

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PYMNTS

JANUARY 18, 2019

Procurement officials and business professionals may prefer to shop online for their companies today, but only about 10 percent of B2B sales of products and services are online, according to Duke University and Deloitte figures released last year. Betting On Blockchain.

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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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Payments Source

AUGUST 21, 2020

Self-sovereign identity and blockchain are just two examples of how authentication can be better managed in an online environment, says Adara's Nguyen Nguyen.

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PYMNTS

OCTOBER 8, 2018

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. 5) said MyEG is rolling out “PayMe” software, a tool allowing employers to manage payroll functions, like overtime, more accurately. Payroll is one of the many potential use cases for blockchain technology.

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PYMNTS

OCTOBER 10, 2018

SoFi grew up quickly, expanding both the number and types of products it had on offer (mortgage loans, personal loans, wealth management services and life insurance) and its ambitions for what type of firm it wanted to be. Annual percentage rates will start at around 5.99

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PYMNTS

MARCH 25, 2019

Shipping and logistics conglomerate UPS has partnered with eCommerce technology company Inxeption to allow businesses to market and distribute products on multiple online channels from one secure place. Merchants can also now receive competitive UPS global shipping, tracking and logistics services.

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PYMNTS

FEBRUARY 9, 2020

The blockchain is making it faster and easier for insurance service providers to fast track coronavirus claims. Built on blockchain technology, Xiang Hu Bao is paying out a one-time maximum of 100,000 yuan (US$14,320) to those affected by the coronavirus. Binance Blockchain Week Vietnam , scheduled Feb.

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PYMNTS

AUGUST 13, 2019

Blockchain efforts — on a large scale — got a boost this week when Reliance Jio, the India-based mobile network operator, said it would set up one of the largest blockchain networks in the world. Chairman and Managing Director Shri Mukesh D. Blockchain, Taking Flight (Literally)? Blockchain, Taking Flight (Literally)?

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PYMNTS

JUNE 19, 2019

“We believe that developing standards and open specifications, as well as collaborating on implementations of them, is critical to removing customer blockers and accelerating blockchain as a mainstream technology. This means you can now deploy the IBM Blockchain Platform on the infrastructure of your choosing.

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PYMNTS

JANUARY 13, 2020

The round was led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities. “We The company that developed the Velo Protocol, Lightnet, has raised $31.2

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PYMNTS

MAY 2, 2018

Blockchain applications may still be a ways away from real-world proliferation, but the technology is certainly beginning to take steps from proof-of-concept phase into beta and pilot testing. This week’s Blockchain Tracker takes a look at some of the latest initiatives to make progress and inch closer to a real-world launch.

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PYMNTS

JANUARY 25, 2018

Crowdz , a Canada-based B2B eCommerce firm, is aiming to deploy blockchain to facilitate digital commerce for its corporate clients. 24) that it’s working with the Creative Destruction Lab accelerator program to launch its Smart Transaction Networks solution, a blockchain tool to help companies more efficiently sell online and transact.

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Let's Talk Payments

FEBRUARY 13, 2017

Among the variety of non-financial use cases, blockchain technology can be applied to identity applications in areas such as digital identities, passports, e-residency, birth certificates, wedding certificates, IDs, online account.

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PYMNTS

SEPTEMBER 10, 2019

At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments and … well , seemingly any exchange of value and information that one might envision. According to a statement, the minister said on Monday (Sept.

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PYMNTS

MAY 20, 2020

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

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PYMNTS

MAY 19, 2017

Over the past year, there have been many discussions about how blockchain technology could revolutionize certain aspects of the music industry. As recently as this April, music streaming giant Spotify announced its acquisition of blockchain startup Mediachain. million last fall to accelerate its efforts.

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PYMNTS

AUGUST 17, 2018

Blockchain gets scrutiny on all sides, and in one looming examination, the United States Senate will examine the impact blockchain has on the energy ecosystem — specifically, how it affects the use of electricity. 21), on the “Energy Efficiency of Blockchain and Similar Technologies.” billion.

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Perficient

MARCH 3, 2023

In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility , we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk.

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PYMNTS

JANUARY 16, 2018

Can blockchain, the distributed ledger technology behind bitcoin and other cryptocurrencies, speed up international trade, historically beleaguered under paperwork and bureaucracy? Blockchain is finding all sorts of interesting use cases outside digital currencies. Container shipping firm A.P.

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PYMNTS

APRIL 4, 2019

As blockchain cleaves from its association with cryptocurrencies, one way distributed ledger technology is finding new use cases is through the application to logistics and supply chains. Blockchain can also facilitate FDA recall and track-and-trace requirements, making supply chains more efficient.”.

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PYMNTS

OCTOBER 29, 2019

In Australia, the nation’s new payment network, New Payments Platform (NPP), similarly caught the attention of the B2B space as cloud accounting and payroll service providers ponder use-cases beyond real-time consumer P2P payments — while blockchain also made progress in the corporate payments arena. B2BinPay Integrates Blockchain.

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PYMNTS

JULY 23, 2018

Coverage includes BNP Paribas Asset Management ’s new U.K. billion blockchain fund, and the U.A.E’s Network International has launched a Shopmatic-powered eCommerce platform called Go-Online. BNP Paribas Asset Management plans to launch its BNP Paribas U.K. billion fund focused on the blockchain, ZDNet reported.

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PYMNTS

DECEMBER 4, 2018

In other news, General Motors (GM) could be looking into a way to manage autonomous car data with blockchain, CoinDesk reported. On another note, Standard Chartered and Itaú Unibanco Holding SA teamed up to create a syndicated loan blockchain platform, Reuters reported.

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CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. download our best of blockchain research. download our best of blockchain research.

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PYMNTS

JULY 25, 2018

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The tool provides virtual account management (VAM) — a non-physical account used by corporations to manage working capital.

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PYMNTS

JANUARY 31, 2018

million | Amount that blockchain firm Kadena, created by two JPMorgan Chase developers in 2016, received in fresh investor support this week. Metastable, Kilowatt Capital, Coinfund and Multicoin Capital provided the pre-Series A funding for the blockchain company, all of which came amid a wave of skepticism regarding the technology.

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PYMNTS

JUNE 15, 2018

Today, we have two stories about the latest developments involving blockchain, along with a report regarding the most recent fallout from the Wells Fargo sales scandal. Walmart Looks Into Blockchain Electric Bill System. Ripple Gives $2M To Texas University For Blockchain Research.

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PYMNTS

JANUARY 26, 2018

InventoryClub is the latest company to deploy blockchain technology for business finance. We also aim to make it much easier for citizens of the Commonwealth to buy online from other Commonwealth merchants and reap the benefits of the 19 percent intra-trade savings,” the executive continued. “In percent.

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PYMNTS

OCTOBER 16, 2019

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery , the companies said in a press release Wednesday (Oct. True Tickets works on the IBM Blockchain and will integrate its ticketing service into targeted components of Shubert’s ticketing operation. “At

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PYMNTS

JUNE 11, 2019

In addition, Target is looking to hire a blockchain engineer and systems developer to contribute to both projects and create “distributed ledger systems, protocols, smart contracts, CLI’s, and RESTful APIs in an open source environment,” according to a job posting. Since 2017, we have been experimenting within the Ethereum ecosystem.

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PYMNTS

JUNE 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. The big story, however, has been blockchain, as entities public and private are hoping it might just be the digital magic bullet the entire ecosystem needs. The Blockchain Bonanza.

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Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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PYMNTS

MARCH 20, 2019

In other news, China issued its first blockchain-based electronic invoice for a subway ride. And four companies presented real-world blockchain demos to the U.K. CoinDesk reported that the crypto currently accounts for 50.9 percent of the market’s total capitalization, falling to a low of 50.54 percent on March 17.

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PYMNTS

MARCH 6, 2018

Payments and commerce so often boil down to giving consumers what they want, and the same is looking to be true for blockchain , the popular distributed ledger technology underlying cryptocurrencies such as bitcoin, Ethereum and Litecoin. Industry giants are starting to think about jumping on the blockchain bandwagon.

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