Category : Blockchain/DLT Technology News

Some Credit Unions Turn to Blockchain to Improve Customer Experience

Eight large U.S. credit unions are testing a blockchain-based digital credential system in different pilots ranging from mobile banking to voice banking and even call centers to improve customer experience, Bank Innovation has learned. This blockchai...

Raising US$90 Mil From a Private Round, Kakao’s Ground X Now Opens ICO to The Public

Kakao Group just raised US$90 million in a private coin offering to bolster Ground X, its blockchain development arm—and the company is already eyeing its next funding round. According to Jason Han, CEO of Kakao’s Group X, the initial funding r...

Binance-Backed OTC Firm Releases Anti-Money Laundering Compliance-as-a-Service Product

Binance Labs-backed Koi Trading has developed an Anti-Money Laundering compliance-as-a-service product

BI Ignite 2019: ID Verification Startup Diro Wins DEMOvation Challenge

Identity proofing and verification startup Diro Labs won the DEMOvation Challenge today at Bank Innovation Ignite 2019 in Seattle. In addition to bragging rights, the company will receive admission to the INV Fintech Accelerator and an advertising pa...

Major UK Energy Company Acquires Stake in Blockchain Firm Electron

Major U.K. energy supplier OVO has made an investment in blockchain firm Electron through its recently launched technology division, Kaluza

‘Give Automation a Try’: Firm Says Its Trading Bots Can Benefit Beginners and Pros Alike

The crypto market is moving 24/7, but obviously, people can’t be. A company says its automated bots change this, and could be a boon for traders #SPONSORED

Ripple’s Xpring and Forte Establish $100 Mln Fund to Support Blockchain in Gaming

A new $100 million fund from Ripple’s project Xpring and blockchain platform Forte will facilitate blockchain deployment in the game industry

US SEC’s Finhub Launches Series of Meetups to With Crypto, Fintech Communities

The U.S. SEC’s Finhub will host a series of local meetups across the country in a bid to engage more actively with the crypto and wider fintech community

4 Blockchain Powered Phone Made for Crypto Geeks

Blockchain and cryptocurrency is gaining mainstream appeal, nothing demonstrates that more than the fact that several major smartphone manufacturers are designing their phones to be either blockchain powered or blockchain enabled. Here are 4 players...

On-chain Crypto Lending: The Path to the Mainstream

Credit Is Key To On-Chain Lending

How Thailand is Leading the Charge in Blockchain and Crypto Adoption

Despite blockchain being celebrated for ushering in the next generation of the digital revolution, legal and regulatory concerns have hindered the widespread adoption of cryptocurrency and its underlying technology. While some legislators across the...

ConsenSys Ventures Backs Philippine Crypto Trading Startup PDAX

Crypto-exchange platform Philippine Digital Asset Exchange (PDAX) has raised an undisclosed amount of investment made by ConsenSys Ventures, the venture capital arm of US-based blockchain software firm ConsenSys. Founded in 2017 by Nichel Gaba, Kryst...

Credit Agricole-Backed Fintech Startup in Insolvency Filing

SETL, a London-based blockchain startup with a former Bank of France governor on its board and Credit Agricole SA among its investors, appointed administrators to reorganize the business. A corporate insolvency notice for the company was filed in the...

SWIFT Teams up With Singapore’s Stock Exchange to Trial Voting on the Blockchain

SWIFT announced that they will be working with Singapore Exchange (SGX) along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank to work on a proof-of-concept on e-voting using blockchain. The trial will explore whether blockchain can help sim...

#DeleteCoinBase Trending Soon After Its Funding Boost from Singapore’s GIC

Fresh out of Coinbase’s funding round of $300 million Series E round the hashtag #deletecoinbase seems to be trending in the twitterverse. This round of fund-raising included Singapore’s very own wealth fund, GIC. The reason by the call f...