The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockchain probably won’t solve all the world’s financial problems, as devoutly as innovators and enthusiasts may hope and believe that it can. At any rate, it’s not going to solve all of them at once with the technology available today. Get the Full Story Complete...
Crypto startup Paxos has notched $65 million in funding to expand its operations, Reuters reported. Investors included Liberty City Ventures and RRE Ventures, along with Jay Jordan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Adopting Ripple’s system for international remittance payments, The Kuwait Finance House (KFH) has joined Ripple Net. The institution is reportedly the first bank in Kuwait to become a part of the enterprise blockchain network, CCN reported. Get the Full Story Complete the form to unlock...
Investors who thought they would get stock in a blockchain project were bilked out of approximately 300 million yuan – or nearly $47 million – through an alleged pyramid scheme in China, Cryptovest reported. The suspects, which were arrested in the city of Jinan, allegedly told...
The President of China Xi Jinping said this week that blockchain technology will enable “breakthrough” applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Months after South Korea’s Financial Services Commission banned token sales, the country’s National Assembly is seeking to allow some initial coin offerings (ICOs), CoinDesk reported. Through proposed legislation, the assembly is seeking to allow ICOs if they come with investor protections. Get the Full Story...
Chen Weixing, Founder of Chinese ride-hailing app Kuaidi Dache and CEO of app developer Funcity, is gearing up to create a ridesharing service using blockchain technology. According to a report in CoinDesk, the new platform — announced over the weekend — will be developed along with Yang...
American Express is embracing the blockchain for it’s Membership Rewards program. The project comes with a big assist from Hyperledger — whose blockchain technology the company is leveraging — and Boxed, the online grocery service that has agreed to pilot the program. Get the Full Story...
