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Bakkt Launches Payments App As Institutions Compete for Crypto Assets

Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce, the Cointelegraph reported on April, 1. Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public. Bakkt was launched by Intercontinental Exchange in 2018, with the […]

Prediction: 20 Percent of Leading Global Grocers to Use Blockchain by 2025

20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30. Per Gartner, the main advantage of blockchain for grocers is that it provides a high degree of transparency. For grocers, this means they can use blockchain as a way to convey reliable […]

Western Union Considers Crypto, Partners with Ripple to Test Blockchain Payments

The president of Western Union Global Money Transfer has claimed the company is “ready to adopt any kind of currency,” potentially including cryptocurrencies, in an interview with Reuters Plus, Dec. 17. Odilon Almeida stated there is no big difference between cryptocurrencies and regular digital payments, the likes of which Western Union has been handling for years. As the CoinTelegraph writes, Almeida […]