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The second largest bank of Oman by its market value, Bank Dhofar has joined the Ripple Net technologies, a Fintech startup of California and a global payment network. They have joined the payment network for their cross-border transaction with India as announced by Mr. Naveen Gupta, the managing director and MENA at Ripple via a […]
The development team of Neo has made an announcement that they will be opening an office at Seattle, Washington. A former Microsoft employee, John deVadoss will lead the new regional office of Neo. He worked for Microsoft for about 15 years during this period he became the General Manager of Microsoft digital branch. He is […]
According to the latest update from e-commerce giant of Japan, Rakuten Inc., they are planning to strengthen their support for cryptocurrency by adding exchange services to their existing mobile app in a coming month. They are planning to add the cryptocurrency payment in conjunction with traditional currency according to the earnings report published by the […]
One of the leading telecom company of South Korea KT corporation has been given the opportunity to create a local virtual currency for the South Korean city of Gimpo. As reported by the local media ZDNet published on the 14th of February. In today’s world cryptocurrency is getting introduced to the financial ecosystem in various […]
The US multinational bank, JP Morgan has made a u-turn from calling Bitcoin a fraud to launching its own cryptocurrency. Called the JPM Coin, it is based on the concept of stablecoins and associated with the US dollar. The JPM Coin will instantly settle payments between clients. The digital token’s value will not fluctuate as […]
It was announced by the Banking giant HSBC that the price of settling the foreign exchange trades has reduced by quarter after using the blockchain based technology. Speaking to the Reuter, the chief operating officer of HSBC FX told that the platform had helped them to save about 25% percent of the cost compared to […]
IBM announced about their plans to explore the blockchain technology in clinical traits with partner Boehringer Ingelheim in a conference held in Orlando city of Florida, on February 12th, 2019. Boehringer Ingelheim, a pharmaceutical company, is committed towards healthcare innovation, their partnership with IBM will mark the first-time usage of blockchain in clinical traits setting […]
The worldwide renowned British historian Neil Ferguson has joined the board of Ampleforth, a blockchain protocol that is believed to store reliable values. It may sound strange that a historian is joining a blockchain project, read further to give food for your thoughts. He was a former professor at Stanford University, and writer of 14 […]
With Voyager’s all new power-packed iOS App, customers can trade 18 crypto assets commission-free. Users can connect with over a dozen of the most trusted and secure crypto exchanges in the United States. Presently live in California, Massachusetts, Illinois, Montana, Kentucky, Missouri, Wisconsin, Pennsylvania and Arizonia, the Voyager app is working towards expanding to more […]
After a tough 2018, Initial Coin Offering (ICO) is trying to make a come back. More businesses, especially startups are keen on ICO as it helps them raise the much needed funds. However, they are also wary of its failure rate. In 2018, as per latest data, 55 per cent of ICOs failed to complete […]
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