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For IBM, Blockchain as ‘Team Sport’

PYMNTS

In the ongoing move to embrace blockchain, Facebook may have its allies. As reported, the social media giant has some support from IBM. IBM has said it is “willing” to work with Facebook on blockchain, as noted by an IBM executive. Separately, other tech giants are getting into the blockchain fray. Cisco, Too.

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How China Is Clamping Down On Crypto Trading With Social Media

PYMNTS

The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. billion fund focused on the blockchain. Why WeChat?

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder

PYMNTS

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

Bitcoin 144
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Invoice Financing Via Blockchain Targets SMB Cash Flow Problems

PYMNTS

Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. One way to secure funding is to use invoice financing.

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Bitcoin Daily: China Construction Bank Grows Blockchain Platform; IRS Tax Forms Now Ask About Crypto

PYMNTS

China Construction Bank ’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions. In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project.

Taxes 109
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Microsoft’s Blockchain Guru Marley Gray Joins Speaker Faculty

Bank Innovation

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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Data Worries Keep Facebook Crypto Partners At Bay

PYMNTS

CoinDesk spoke to seven knowledgeable sources about GlobalCoin, also known as Project Libra, revealing that the project’s software has been delayed because of potential blockchain partners’ reluctance to work on something that doesn’t appear to be a true cryptocurrency. It eventually bought blockchain startup Chainspace.

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