PayPal Could Go Down Like Nokia Did If It Doesn’t Adapt to Blockchain Tech

PayPal Could Go Down Like Nokia Did If It Doesn’t Adapt to Blockchain Tech                                  PayPal, the global online payments and money transfer system, has begun investing in blockchain technology. But according to their chief financial officer John Rainey, the firm is hesitant about getting involved in the cryptocurrency sector. Speaking in an interview with […]

Successful Blockchain Projects in the Gaming Industry

Successful Blockchain Projects in the Gaming Industry                                        Blockchain technology is slowly being implemented in a number of industries, from medicine to the legal industry and artificial intelligence. Naturally, the high-tech gaming industry is no exception. Game.com The Game.com project is a unique service based on blockchain, which aims to organize a global […]

Ctrip Options Trader Is Buying The Trade War Dip

Ctrip Options Trader Is Buying The Trade War Dip             Stocks tied to China have taken a big hit this week, including Chinese online travel company Ctrip.Com International Ltd CTRP 2.67%. Despite a 7.7-percent sell-off since last Friday, one option trader stepped in with some large bullish bets on Monday. Throughout the day […]

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity            i Blockchain infrastructure firm SETL Development Ltd., which filed for insolvency in March, is back as a trimmed-down new entity formed by its management team.The new company, SETL Ltd., said Friday that it has now acquired the operating assets, staff and intellectual property […]

Blockchain-for-Land: What We Are Getting Wrong and How to fix it

Blockchain-for-Land: What We Are Getting Wrong and How to fix it              The flurry of activity related to blockchain-for-land over the past few years is impressive, with a num ber of firms working with land registries worldwide. Yet, skepticism is growing around the technology’s potential for land administration due to the fitful growth of various […]

Microsoft Releases Blockchain Manager App

Microsoft Releases Blockchain Manager App             Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of […]

Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment

Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment              The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2. As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority […]

Amazon Web Services Launches Managed Blockchain Service

Amazon Web Services Launches Managed Blockchain Service              Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30. The product will purportedly allow customers to set up blockchain networks within their organizations, and uses the Ethereum […]

Indian Banks Consider Promoting Blockchain Tech Use for Payments

Indian Banks Consider Promoting Blockchain Tech Use for Payments             The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ Association (IBA), aims to improve […]

Chinese Government Supports Development of Blockchain City in Malaysia

Chinese Government Supports Development of "Blockchain City" in Malaysia               The Chinese government is purportedly supporting the construction of a "blockchain  city" in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26. Construction and engineering company China Wuyi and investment network […]