Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s number two lender, has executed its first cross-border payments using a system based on the software that supports bitcoin. According to American Banker, using a program built by San Francisco–based Ripple, BBVA has transferred about 50 Euro-denominated payments to...
The encrypted open source technology that records, stores and transfers information on a public forum in a secure manner to ensure no tampering takes place is truly unique. It’s one of the few technologies that has the potential to transform the way exchanges are made in...
This week, the blockchain technology arena has seen its biggest (and perhaps most famous) deal of its time. nChain Holdings, the company built around the research of Craig Wright, has been sold for $300 million to private investment firm High Tech Private Equity Fund SICAV plc....
Dubai is one of the fastest-growing regions in the world and has big ambitions to become a global tech hub. The young country is working to address the inefficiencies that can arise with increased growth. With comparatively less red tape in the way as compared...
Within the past few decades, we’ve seen the rise of the sharing economy, with companies like Lyft, Airbnb and countless others. At the core of the sharing economy is a sense of community through creating access to items for a specific period of time. While it...
Blockchain technology is one of the unique ways in which efficient and reliable transactions can occur with true security and transparency. A technology that allows all records entered in to be visible to all network members for easy monitoring, like blockchain technology, may be the...
Bitcoin price ended last week on a rough three-day run, as a drop from around $1,100 per coin to about $950 per coin erased $2 billion in value off of the cryptocurrency. The big price drop comes as rival factions in bitcoin land are waging...
Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a surprise: insurance. If there was any industry that could be viewed as the definition of mundane and stuck in its...
As time progresses and more smart devices get into the hands of consumers, there will inevitably be more purchases made between countries. With eCommerce in full swing, many retailers are looking to restructure many facets of their operations. From installing more IoT sensors in physical...
