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Bitcoin Daily: VeChain Blockchain Platform Loses $6.7M In Cyberattack; Bottle Pay Bitcoin Startup Shuts Down Amid New EU Regulations

PYMNTS

million from the VeChain Foundation, which is the group behind the VeChain public blockchain platform construction, Yahoo Finance reported. VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis.

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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. Havell Rodrigues, CEO of Adjoint , a firm that offers blockchain solutions for treasury through smart contracts, noted in an interview with PYMNTS that the overall economy is moving toward a state of 24/7, always-on-demand functionality.

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Blockchain Security A Moving Target For Both Developers And Hackers

PYMNTS

No one truly knows exactly where and how blockchain technology will make the greatest impact. Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily.

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Bitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala Plans Blockchain Account With solarisBank

PYMNTS

Bitwala is teaming up with Germany-based solarisBank to roll out a blockchain bank account, CoinDesk reported. While the service is targeted for a November launch, the service already has pre-registrations from 35,000 users. On another note, Forbes is turning to blockchain technology to help publish its content, CoinDesk reported.

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How Blockchain Is Disrupting Insurance

CB Insights

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Enter blockchain technology, a cryptographically secured form of shared record-keeping. While the blockchain has been subject to extreme hype, its true killer applications are likely to be in some of the most antiquated fields out there.

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Can FinTech Walk The FinTalk?

PYMNTS

Blockchain. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. In short, there seems to be, literally, nothing the blockchain cannot do.

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How Opening Bank Data Can Transform SMB Lending

PYMNTS

with open banking now more than 2 years old, the financial services industry has discovered that unlocking data can have a significant impact on the satisfaction of SMB borrowers, even facilitating easier bank switching for SMBs in search of a better user experience. “The roadmap to regulation has been in place [in the U.K.]

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