Ripple, the U.S. blockchain banking payment technology company, said Wednesday (Jan. 11) its digital currency, dubbed XRP, will begin trading on Bitstamp, the Europe-based bitcoin exchange. According to a report by Reuters, XRP will start trading on Bitstamp on Jan. 17. Ripple said the XRP/euro and XRP/dollar...
As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A common point of view is that the key benefit of blockchain tech is that it...
Blockchain technology is slowly slinking through the aisles of retail business. Walmart is using it for tracking product and pork, and analysts are placing side bets on Overstock using the technology. “Blockchain saw much wider overall acceptance in 2016, especially since Bloq’s announcement that they...
With its original focus on cryptocurrency, blockchain technology made strides, expansions and evolutions this year. “In 2016, we saw a diversification of the distributed ledger beyond cryptocurrency. I definitely see this trend continuing,” said Paul Hensel, an electrical engineer and blockchain expert from Hamburg, Germany....
Axoni, the blockchain startup, is about to get a multimillion-dollar investment from some big heavy hitters on Wall Street. According to a report by Reuters, Goldman Sachs, JPMorgan and ICAP are among financial institutions that are gearing up to invest between $15 million and $20 million...
Blockchain has officially entered the grocery aisles. Walmart has announced that it is now testing new blockchain technology to track and trace produce in U.S. stores and pork in China. PYMNTS covered the testing and lead-up to the kickoff back in November. Now, the technology and use...
Cheers! As the holidays near, there is much to celebrate. For one — just in time for the festivities — blockchain technology has found its way into the wine industry, starting with a single bottle of vino. Blockchain technology startup Everledger recently announced last week...
IBM is getting into the blockchain game, announcing Friday (Dec. 9) it launched a blockchain ecosystem aimed at accelerating the creation of blockchain networks. In a press release, IBM touted blockchain, saying it has the potential to transform the way all sorts of industries conduct business...
Everledger, the blockchain technology company, announced last week it is the first company to use blockchain to secure the provenance of a bottle of wine. In a press release, Everledger said the bottle, a 2001 Margaux, was certified and secured on the Chai Wine Vault,...
