The National Bank of Abu Dhabi (NBAD) announced that it has become the first bank in the Middle East and North Africa to introduce real-time, cross-border payments on blockchain, thanks to its partnership with Ripple, a U.S. company specializing in blockchain. The NBAD now joins...
Hyperledger Project, a group created to advance blockchain technology, announced on Monday (Jan. 30) that American Express has joined the group as a Premier Member. In a report, Hyperledger Project said that, by joining the group as a Premier Member, American Express will be part of...
One of blockchain technology’s earliest corporate supporters just recently completed testing for its blockchain-based proxy voting system. This week, American stock exchange Nasdaq announced that it has completed testing of its blockchain-based technology to facilitate, optimize and lower the cost of online proxy voting on...
ChronoBank.io, the cryptocurrency company that is trying to change the short-term labor market, is aiming to launch an exchange early next year where buyers and sellers of different trades can trade skills for money and time. According to a report in Forbes, the initiatives, which...
There’s been chatter about 2017 being the year that blockchain sees the most government regulation. “2017 is going to be the year when operationalizing of blockchain really starts to move from the hype and the headlines to a real business solution for early adopters in...
Ripple, the U.S. blockchain banking payment technology company, said Wednesday (Jan. 11) its digital currency, dubbed XRP, will begin trading on Bitstamp, the Europe-based bitcoin exchange. According to a report by Reuters, XRP will start trading on Bitstamp on Jan. 17. Ripple said the XRP/euro and XRP/dollar...
As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A common point of view is that the key benefit of blockchain tech is that it...
Blockchain technology is slowly slinking through the aisles of retail business. Walmart is using it for tracking product and pork, and analysts are placing side bets on Overstock using the technology. “Blockchain saw much wider overall acceptance in 2016, especially since Bloq’s announcement that they...
With its original focus on cryptocurrency, blockchain technology made strides, expansions and evolutions this year. “In 2016, we saw a diversification of the distributed ledger beyond cryptocurrency. I definitely see this trend continuing,” said Paul Hensel, an electrical engineer and blockchain expert from Hamburg, Germany....
