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$23 Million Fintech Startup Fund Established by Accion Venture Lab


For the past five years or so, the Fintech sector has grown at a breakneck pace and has quickly become a multibillion-dollar industry spread across the world. The easy availability of data, the advancements in technology and the innovative ideas of a range of Fintech startups have made the industry...

New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions


Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta blocks” or Storm. The idea utilizes weak proof-of-work (PoW) for instant confirmations on Bitcoin Cash. The new Storm concept has piqued...

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...

Cashwerkz Introduces a New Fintech Platform


The march of Fintech has been a relentless one over the past few years, and if one looked closely, then it becomes quite clear that it is going to continue for the foreseeable future. Fintech is all set to become one of the biggest industries in the world, and investors are investing hundreds...

Tech Mahindra Joins the Blockchain Club for Consumer Protection


Complying to the Telecom Regulatory Authority of India’s policies, Tech Mahindra announced the deployment of the product that protects the users from unwanted Commercial Communication and spams via the implementation of blockchain technology. The solution is projected to impact more than...

China Telecom Gears up to Develop Blockchain-Enabled 5G SIM Cards


China Telecom has divulged strategies to develop blockchain-enabled 5G ready SIM cards, reveals a Chinese website Sina News. The leading China Telecom’s research arm issued the white paper mentioning vital plans on the sidelines of China International Smart Industry Fair recently. The paper...

Nomura and Nomura Research Announce a New Joint Venture Boostry


Nomura Research Institute, Ltd. (NRI) announced that they have established “Nvantage India Private Limited” (NVANTAGE), a joint venture between NRI and Nomura Holdings, Inc. Nomura is one of the prime providers of business consulting and system services. Nomura has a net revenue of more than...

Sãu Paulo Adopts Blockchain Registry for Public Works Management


With the growing proliferation of cryptocurrency in the financial world, the leaders from different spheres and fields have finally started showing trust in digital currency. The recent collaboration of the municipal government of São Paulo, Brazil, with a blockchain network to maintain its public...

Wethaq and R3 Collaborates to Tap the $120Billion Sukuk Market


Wethaq, the Dubai based fintech startup, signed a strategic partnership with the blockchain technology company, R3 (R3 LLC).  Wethaq is aiming to tap the Islamic Capital Markets utilizing R3’s Corda (also known as CorDapps). They intend to develop a financial market base to support the issuing...

CoinMarketCap’s First Global Crypto Conference is Free with Proof-of-Work


We know traveling for events can be extremely tiring. Plus, we’re not fans of expensive conference tickets. As we’re in the process of planning for CoinMarketCap’s first global conference, we firmly believe that regardless of title or expertise, our users […] The post...

Venezuela’s Leading Pharmacy Chain to Accept Payments in Crypto


If you are a Venezuelan crypto enthusiast, you will be delighted with this new wave of crypto adoption in the country. According to the latest reports, a prominent pharmacy chain of Venezuela is now going to begin accepting cryptocurrency payments. The crypto to be accepted by the pharmacy...

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