United Nations Office for Project Services (UNOPS) has entered into a partnership with IOTA Foundation to use blockchain technology in their relevant projects. UNOPS and IOTA Foundation recently confirmed that they have signed a memorandum of understanding (MoU). UNOPS is…
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MIT researchers create Bitcoin Lightning network combined with the power of smart contracts
Researchers at the Massachusetts Institute of Technology (MIT)’s Digital Currency Initiative (DCI) have built a technology solution which is likely to expand Bitcoin‘s utilities significantly, with the help of Lightning Network that also incorporates smart contracts. Alin S. Dragos and…
Saudi ATM Provider Partners with Blockchain Identity Platform to Launch Blockchain Based ATM
News coming from Saudi Arabia indicate that Saudi automated teller machine (ATM) provider Alhamrani Universal (AU), has entered into a partnership with blockchain identity platform Shocard to develop a blockchain-based biometric ATM, according to a press release published on Feb…
American Express(AmEx) powers its membership rewards program with blockchain
American multinational financial services giant American Express (AmEx) has decided to integrate the promising blockchain technology in its membership rewards program. AmEx has partnered with the digital retailer Boxed, for the initial phase of this transformation. At present, onboarding merchants…
Is a Facebook blockchain move in the pipeline to protect users’ data?
Technology giants like Facebook and Google collect massive amount of user data. Users have no control over the destiny of this data. The data may be sold, or hacked. A Facebook blockchain move may be in the pipeline to protect users’ data, as a Mark Zuckerberg interview seems to indicate.
BMW blockchain initiatives pick up pace with the company hosting MOBI
BMW is increasingly embracing blockchain. The company’s seriousness about the technology once again finds expression when they hosted Mobility Open Blockchain Initiative (MOBI) in their Munich IT center.
Luxembourg’s Blockchain Framework Bill is now Law
Lawmakers in Luxembourg have just passed a bill 7363 into law, facilitating the use of Blockchain technology in financial services, according to an official announcement published by the country’s August house on February 14. This new piece of legislation aims…
Former Goldman Sachs partner, believes Bitcoin will be Gold’s Digital Equivalent
Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…
Huobi unveils US Dollar Gateway to Global Crypto Traders
Singapore based exchange conglomerate Huobi Group is prioritizing wall street partnerships for the first time in its history. In its 6 year history, Huobi Group, has been dominant over other crypto exchanges moreso because of its popularity among rich chinese…
Wisekey Announces Geneva Blockchain Center of Excellence
Leading global and cyber security, Blockchain and IoT Company, Wisekey, just announced the opening of its Geneva Blockchain Center of Excellence. As announced at the Geneva Blockchain Congress in January, the new center is part of a partnership made with…