Thursday, June 1, 2023


Why banks shouldn’t fear blockchain

The blockchain will transform banking, and banks need to be leading that change. Read more:

India’s currency ban will push FinTech and bitcoin adoption

To put this currency ban into perspective, an e-wallet provider, Paytm, noted a 1,000% user base increase since the banknote ruling went into effect. Read more:

Skype competitor, Bitphone, closes down

Bitphone, the first-ever encrypted Skype competitor, not only plugged the security holes of Skype but accepted Bitcoin payments for their service directly. Read more:

IBM, China UnionPay develop blockchain loyalty points

International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points. Read more:

Credit China FinTech joins Blockchain Business Council

Credit China FinTech Holdings Limited has been appointed as a founding member of the Global Blockchain Business Council ("GBBC"). Read more:

How blockchain can help fight cyberattacks

Blockchain is the culmination of decades of research and breakthroughs in cryptography and security, and offers a totally different approach to storing information. Read more:

Microsoft announces Asia’s ‘first blockchain consortium’

The consortium aims to bring increased efficiency with lower costs and faster settlements in the Taiwanese financial market. Read more:

Bitfinex releases initial relaunch plans for bitcoin exchange

Digital currency exchange Bitfinex is planning to slowly re-enable user access following a recent hack and loss of nearly 120,000 bitcoins. Read more:

IBM launches blockchain cloud services on security server

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. Read more:

Bank of England seeks to accelerate Blockchain work

A senior Bank of England official says the central bank's fintech accelerator is looking for new blockchain opportunities. Read more: