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The world’s biggest digital currency, Bitcoin, drew flak after the Palestinian Militant Group, Hamas called for donations in Bitcoin. With Israel and Egypt controlling the territory’s main access points, Hamas has been struggling for funding. Moreover, the United States and the European Union have labeled Hamas as a terrorist group, putting a curb on donations […]
Massachusetts-based biotechnology company, Agenus has adopted blockchain technology to fund a cancer drug AGEN2034. Agenus is ready to launch in mid-February, the first of its kind digital security offering, Biotech Electronic Security Token (BEST), in the healthcare industry. In an official statement, the bio-tech company said “BEST will be tied to AGEN2034, an anti-PD-1 antibody […]
Blockchain company, TokenSoft has introduced the beta-powered Knox wallet for enterprises managing digital securities and digital assets. The new wallet is designed to provide a better user experience and address security risks. It melds three levels of security, mainly offline cold storage, role-based access control and cryptographic authentication. Mason Borda, CEO of TokenSoft said it […]
Fidelity Investments is keen on a March launch for its Bitcoin Custody Service. The mutual-fund giant had leaped into cryptocurrency industry in October 2018 with the launch of Fidelity Digital Asset Services, to handle cryptocurrency custody and trade execution for institutional investors. In an official statement, the company said “We are currently serving a select […]
Aliant Payments, a crypto payment solution company, has kick started CryptoBucks with zero processing fee for merchants in the United States and Europe. Eric Brown, the company’s CEO said the offer was for those merchants that signed up for credit and debit card processing. Brown said Aliant Payments wants its users to experience the ease […]
In a new low for the defunct BitGrail, an Italian Court has demanded the bankrupted exchange to pay up the ‘lost’ $170 million. In January 2018, BitGrail had been hacked of $170 million in Nano which was earlier known as Raiblocks. As per various cryptocurrency reports, the Nano was worth $14 million but when the […]
Union Pay, China’s leading financial services provider, has warned against illegal transactions in a letter. It has listed 25 virtual currency over-the-counter (OTC) transactions. Union Pay advises exchanges to work on a comprehensive self-inspection and rectification process. The financial services provider considers token issuing financing, internet sales lottery platforms and virtual currency trading to be […]
The transport and logistics (T&L) industry has been very slow to adopt blockchain. This may be because the industry feels that the new technology might be more harmful, disruptive than beneficial. According to a new report by the Boston Consulting Group (BCG), the world’s leading adviser on business strategy, the industry participants must collaborate to […]
The Republic of the Marshall Islands is ready to launch the world’s first national cryptocurrency, Sovereign (SOV), with smart card wallet maker, Tangem. SOV is expected to be out in the form of paper banknotes. Presently, Marshal Islands official legal tender is the US dollar. According to the press release SOV is based on blockchain. […]
Carico Cafe Connoisseur, an Ugandan Company, is using blockchain to certify coffee shipments. In doing so, the company is meeting the demand of its customers for information in regards to where the products come from. Many companies and organizations across the world are using blockchain to develop shared electronic record to track their products’ origin. […]
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