Race car driver Fernando Alonso of Formula One fame is turning to the blockchain to protect the rights to his visual media, CoinDesk reported. WENN Digital Inc., which partnered with Kodak in creating the KODAKCoin blockchain system, inked a deal with the champion for his...
As many U.S. states are trying to figure out how to utilize blockchain, one state wants to be at the forefront of the cryptocurrency revolution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Through a four-day test of a know-your-customer (KYC) compliance system, a group of 39 participants were able to make 300 transactions in 19 countries with an app from Synechron built on R3’s Corda blockchain platform. The experiment’s participants included banks such as BNP Paribas and...
Following a regulatory crackdown and recent hacks, bitcoin prices have slumped to lows not seen for months. The popular cryptocurrency dipped just below $5,800 as of 8:30 a.m. on Friday (June 29), CNBC reported. Get the Full Story Complete the form to unlock this article...
Cybercriminals are increasingly turning to cryptojacking and other schemes to mine cryptocurrency, McAfee said in a press release. In fact, the security software company reported that the number of crypto mining malware samples grew by 629 percent in the first quarter of 2018: It saw...
Beyond bitcoin and the buzz around blockchain, payments that wind their way across borders might get a boost from Santander and Ripple. The two firms have debuted One Pay FX, a mobile service, that settles international payments with speed and safety. Ed Metzger, head of...
South Korea’s Financial Services Commission (FSC) has updated its anti-money laundering rules by requiring domestic banks to monitor all of the accounts held by cryptocurrency exchanges, CoinDesk reported. Exchanges may have multiple accounts with a bank: They might have an account to store the funds...
Global Debt Registry (GDR) announced on Wednesday (June 27) the launch of its loan registry, created to verify and provide transparency for loan data on the cloud-based IBM Blockchain Platform. In a press release, GDR said that all loan-level collateral positions and verification activity will now...
Central bank digital currencies might have some positive effects, the Kiel Institute for the World Economy wrote in a report posted on the European Parliament’s monetary dialogue. Though the fractional reserve banking system in place would be “challenged at its core” if market participants hold...
