Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and orders transactions in an easily trackable and immutable way has a lot more uses. In this fourth article in the...
Fidelity Digital Asset Services, a subsidiary of Fidelity Investments launched in 2018 so the company could offer institutional investors access to cryptocurrency markets, plans to double its workforce to 220, The Wall Street Journal reported Tuesday (May 31). The Journal noted that Fidelity has disclosed...
Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and orders transactions in an easily trackable and immutable way has a lot more uses. In this third article in the...
The International Monetary Fund (IMF) dropped yet another strong hint that it won’t bail El Salvador out of coming debt payments that could lead to a default while bitcoin remains a legal tender in the Central American country. The administration of President Nayib Bukele’s legal...
Blockchain technology builder StarkWare Industries raised $100 million in a Series D funding round that upped the startup’s valuation to $8 billion. The Series D was led by Greenoaks Capital and Coatue, with participation by Tiger Global and other new and existing investors. The latest funding...
If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global shipping industry. Created in 2018 by container shipping giant Maersk and IBM Blockchain, it had big dreams and big obstacles....
A lot of people lately have been asking questions about just how decentralized DeFi actually is. Most notably, regulators and central bankers see decentralized finance (DeFi) projects raking in billions while claiming to have no executives, no board, and no central authority whatsoever. Instead, they...
JPMorgan has been using blockchain to carry out collateral settlements, Bloomberg News reported Thursday (May 26). The Wall Street heavyweight’s first such transaction happened last week when a pair of its entities transferred the token representation of BlackRock Inc. money market fund shares as collateral...
Welcome to the first article in PYMNTS’ Blockchain in Action Series. Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and orders transactions in an easily trackable and immutable way...
