IBM has partnered with non-profit Sovrin Foundation to build a global blockchain network. IBM will serve as a “founding steward,” supplying hardware, security, and network capacity towards a digital identity network for individuals and businesses, Sovrin foundation chair Phil Windley told Reuters in an interview....
Bitcoin fell below the $7,000 level on Wednesday (April 4) – along with the market value of the world’s cryptocurrencies, CNBC reported. The drop wasn’t so much about concerns over a trade war as it was traders looking at their holdings as a whole, according...
Bitcoin rose above the $7,000 level on Monday (April 2) after falling 25 percent last week, CNBC reported. Bitcoin was trading at $7,016.96 as of 6:47 p.m., according to CoinDesk. And those who visit a city in Russia hosting some World Cup matches can pay...
TD Bank has submitted a patent application to use a public blockchain to digitally track assets. The patent application, which was published last week, is for “an apparatus for use in a digital asset tracking system [that] includes a storage device and a processor coupled...
An Arizona bitcoin trader has been convicted of using the cryptocurrency to launder drug money. According to a Justice Department announcement, Thomas Mario Costanzo — a.k.a. Morpheus Titania on Twitter — of Mesa, Arizona, was found guilty of five counts of money laundering by a...
Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. tax deadline approaches, CNBC reported. The price of bitcoin was $6,826.68 as of 11:13 p.m., according to CoinDesk. And, in China,...
Is there a buzzier word than blockchain? Attempting to cleave hype from hope and reality from the headlines, PYMNTS’ Karen Webster spoke with Michael Ting, SVP of Digital Markets for Hyperwallet, to move beyond the buzz. The first step in separating fact from fiction: defining...
The hotel industry is fragmented. Getting heads in beds is key. Empty rooms mean lost revenues for operators and middlemen eat into profits. ENTX Co-founder and Brillembourg Group CEO David Brillembourg, says that blockchain can make matching travelers and hotel owners a bit simpler, mitigating...
Bitcoin is nearing a so-called “death cross” – the point when the 50-day moving average falls below the 200-day moving average, CNBC reported. Already, the cryptocurrency’s 50-day moving average has fallen below its 100-day average. Bitcoin was trading at $7,880.64 as of 9:49 p.m., according...
