Axoni, the blockchain startup, is about to get a multimillion-dollar investment from some big heavy hitters on Wall Street. According to a report by Reuters, Goldman Sachs, JPMorgan and ICAP are among financial institutions that are gearing up to invest between $15 million and $20 million...
Blockchain has officially entered the grocery aisles. Walmart has announced that it is now testing new blockchain technology to track and trace produce in U.S. stores and pork in China. PYMNTS covered the testing and lead-up to the kickoff back in November. Now, the technology and use...
Cheers! As the holidays near, there is much to celebrate. For one — just in time for the festivities — blockchain technology has found its way into the wine industry, starting with a single bottle of vino. Blockchain technology startup Everledger recently announced last week...
IBM is getting into the blockchain game, announcing Friday (Dec. 9) it launched a blockchain ecosystem aimed at accelerating the creation of blockchain networks. In a press release, IBM touted blockchain, saying it has the potential to transform the way all sorts of industries conduct business...
Everledger, the blockchain technology company, announced last week it is the first company to use blockchain to secure the provenance of a bottle of wine. In a press release, Everledger said the bottle, a 2001 Margaux, was certified and secured on the Chai Wine Vault,...
Blockchain technology has made its name in the banking sector but has also found its way into the health care world, the music industry and even the U.S. presidential election. And now, it seems it’s building its case for an appearance and use in the real estate sector. Some experts...
The Internal Revenue Service got approval from a federal court in California to collect two years of information from Coinbase, the blockchain company, about its American users. According to a report by Reuters, which cited the U.S. Department of Justice, the Northern District of California court...
Royal Mint of the U.K. and CME Group of the U.S. are teaming up to create a digital platform for dealing in gold, based on blockchain. According to a report, the idea behind the new platform is to reduce the costs associated with trading gold....
New York-based startup R3 CEV originally sought to raise $200 million in its first funding round, but banks involved in the blockchain consortium expressed interest in investing just $59 million. Reuters confirmed that R3 restructured its initial $200 million funding round, offering investors a 90...
