Russian Airline S7 has experimented with an application based on blockchain that keeps track of data and paperwork related to plane refueling, CoinDesk reported. The company tested the system on a domestic flight with Alfa-Bank and Gazpromneft-Aero, the airline’s fuel supplier. In a statement, the...
The People’s Bank of China (PBOC) has put out a warning about criminals participating in frauds hyped as “digital currency,” “blockchain” and “financial innovation,” Cryptovest reported. In a statement, the bank and other Chinese agencies said that many activities related to crypto and the blockchain “are not...
While lawmakers in Ohio are still figuring out how to use the blockchain, they’re interesting in putting that technology into practice. On Thursday (August 23), Ohio House of Representatives Speaker Ryan Smith brought together a group to talk about the state’s intent to bring in...
Binance has unveiled more details about its Binance Labs Incubation Program, which was introduced in June, according to reports. Through the program, approximately eight to 10 companies work over a stretch of 10 weeks. In terms of frequency, Binance Labs CEO Ella Zhang said the...
Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Another round of attempts to get bitcoin exchange-traded funds approved by the Securities and Exchange Commission has failed. 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...
Bitcoin got a jump, spiking more than $400 to about a two-week high and nearing $7,000. The reasons for the boost were not all that clear on Wednesday (Aug. 22), with a following dip from those levels. However, even at around $6670, it is down...
Blockchain, blockchain everywhere – and maybe this is where the road gets racy. 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, PYMNTS Today....
The rubber meets the road where blockchain is concerned. One research firm has estimated that DLT focused on the automotive blockchain space will be worth $1.6 billion in just a few short years – and among other supply chains that could be transformed? Look to the...
