Four Japanese Banks Including the Seven Bank, Joins MoneyTap


Financial giant SBI has published in their report that four major Japanese banks have invested in its cashless mobile-payment application, MoneyTap. Money tap is powered by Ripple which uses the Ripple xCurrent solution, built on distributed ledger technology. The report stated: SBI Group announces...

BlockchainArmy Announces Strategic Partnership with INFIbond


BlockchainArmy and INFIbond Asia have signed a historic partnership agreement and are now opening INFI Turkey. On the development, Erol User, Chairman of INFI Turkey said,  We look forward to bringing the revolution of Empathic AI—a unique and cutting-edge technology—into Turkey. Yoram Kraus,...

FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act


The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...

Another Bitcoin-ETF Workaround Found, Creators Hope It'll Work


Source: iStock/Photographer, Filmmaker, Designer On Thursday, U.S.-based Van Eck Securities Corp. and SolidX Management LLC plan to start selling shares in a limited version of a crypto exchange-traded fund (ETF), The Wall Street Journal reported, citing both companies. They are employing a rule...

HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan


On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...

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