Augmented reality (AR)-powered beauty app Perfect365 is going to start rewarding its more than 100 million users with cryptocurrency. According to The Next Web, through a partnership with Kin (a cryptocurrency developed by messaging giant Kik), users will be rewarded with cryptocurrency whenever they complete surveys and...
Patent filings have been in blockchain-related news, and Mastercard has filed applications that target B2B transactions and data flow. Elsewhere, LG Uplus is trialing blockchain for cross-border payments done via mobile conduits.
The World Economic Forum (WEF) has found 65 different applications for blockchain technology to tackle the world’s environmental challenges, CoinDesk reported. To that end, the study looked at ways for platforms to “incubate responsible blockchain ecosystems.” Networks could help manage natural resources, make more sustainable...
This year’s “Great Crypto Crash” appears to be deepening and has hit a major milestone set by the dot-com bubble, Bloomberg reported. Digital currencies have tumbled from a January high by 80 percent, according to the MVIS CryptoCompare Digital Assets 10 Index. That level tops...
High-profile digital currency firms are reportedly banding together to create a lobbying organization called the Blockchain Association, The Washington Post reported. The group’s first focus is said to be on U.S. tax law treatment of digital currencies, along with explaining the application of know your...
After dumping 10 percent of his shares, the CEO of Overstock sent a letter to investors, assuring them that there is no reason to worry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Blockchain payment network GRAFT has reached a “critical milestone”: the group said that it has received an end-to-end transaction that took under 2 seconds on its network, according to a statement. The system seeks to serve as a “last mile” bridge to link crypto users...
The justice department in Zhongshan, a city in China, is turning to blockchain to keep tabs on parolees, CoinDesk reported. The system was created to constantly track the movements of the parolees. With the technology, law enforcement agencies and community correction staff can take action...
Bruegel, a think tank based in Brussels, is calling for regulation of digital currency exchanges at the European Union (EU) level, as well as more defined rules for initial coin offerings (ICOs), Reuters reported. The news outlet viewed the document, which was prepared for EU...
