Bitcoin Blockchain and Cryptocurrency News Center
CJ, one of South Korea’s largest conglomerates, is developing a blockchain-based music copyright management system using AWS’ Amazon Managed Blockchain Service, according to local media. Korean news agency Yonhap said in a report Thursday that the initiative is being led by CJ OliveNetworks, a subsidiary of the CJ Corp parent company that operates the beauty retail and […]
In an apparent first, global online payments firm PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology to give users more control over their digital identities. The news was reported by Forbes on April 2. The investment comes as part of an extension to a Series A funding round in the startup — […]
Blockchain projects that comprise the greater cryptocurrency sector’s market cap are unquestionably bootstrapped — a product of ingenuity and crowdsourced blockchain fundraising, the CoinTelegraph writes. But with the industry evolving further in the last few years, gaps between mature projects and less developed ones are more noticeable, exhibited by issues that a well-funded or more […]
Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating in Marco Polo, said it had partnered with Japanese multinational Mitsui & Co. to enhance efficiency in trade processes, the […]
Blockchain consortium Hyperledger is continuing its rapid expansion by adding 16 new members. Some 16 new members were announced Wednesday at the Hyperledger Global Forum in Basel, Switzerland, including cloud computing firm Alibaba Cloud, a subsidiary of the global conglomerate; financial services giant Citigroup and its Citi Ventures arm; trade finance blockchain platform We.Trade; and Deutsche Telekom, […]
The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked, the CoinDesk reported on Oct. 18. The news comes via a tweet from Miller Abel, the foundation’s deputy director and principal technologist, on Oct. 17. Abel indicated that the organization and Coil will […]