Blockchain

Block chain, is a growing list of records, called blocks, that are linked using cryptography.
Russian Coffee Shop Pours For Bitcoin
September 27, 2016

Ready to pay for your morning coffee with bitcoin? One coffee shop in Moscow is one of the first in town to allow customers to use this form of payment for their espresso and croissants. Get the Full Story Complete the form to unlock this...

Blockchain
Banks Join Forces To Create Interbank Group For Global Payments
September 26, 2016

Ripple, the provider of financial settlement solutions, announced on Friday (Sept. 23) a number of global banks joining forces to create the first interbank group for global payments based on distributed ledger technology. Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
Bitcoin For Night Owls
September 23, 2016

The Winklevosses have started a daily bitcoin auction for night owls, a profiteer-cum-criminal of bitcoin denies the digital currency is money after all and Purse and Unocoin are hitching a ride on Amazon’s Indian locomotive. Meanwhile, Bitfinex is still a thorn in the side of...

Blockchain
IBM And China UnionPay Pair Up On Blockchain Loyalty
September 23, 2016

IBM and UnionPay are collaborating on a way to use the blockchain for trading loyalty points.  In a proof-of-concept reveal, the two firms have unveiled a platform that allows customers to trade their loyalty points (those earned through purchases and other incentivized behavior) with one another....

Blockchain Tracker: Edits, Approvals, Music & Bono
September 21, 2016

Bono once said, “Music can change the world because it can change people.” Blockchain proponents would argue in favor of that concept, especially after this week’s announcement from Ujo Music. The startup has its eyes — or, in this case, ears — on disrupting the...

Bitcoin
Bitcoin Is Money — For The Purposes Of Facing Criminal Charges
September 20, 2016

While various criminals have tried it, the “bitcoin isn’t money, therefore I can not be guilty of a financial crime” defense never really works out. While the federal government has declared that bitcoin is not legal tender or currency in the same sense that the...

Blockchain
BNP Paribas To Let Companies Issue Mini-Bonds On Its Blockchain Platform
September 20, 2016

BNP Paribas Securities Services is looking at letting companies issue mini-bonds on its blockchain technology platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Blockchain Startups Fine-Tune The Music Industry
September 19, 2016

Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bitcoin
Bitfinex Was A Teaching Moment
September 16, 2016

A mixed bag for bitcoin this week. A taxi company in Rome is accepting the currency, the U.S. government is hedging its bets and investors are showing support. The Bitfinex hack was a learning opportunity, but the miners are unhappy and might be plotting an...