Most consumers are members of loyalty or rewards programs, whether for supermarkets, hotels, airlines, car rental companies, retailers or coffee shops. But these businesses, after enticing consumers to sign up to get a freebie, infrequently or even maybe never hear from them again. According to...
At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional databases, where data is stored in a centralized system, blockchain distributes data across a network, ensuring no single point of...
In the history of finance, few tools are as fundamental as the all-mighty ledger. This holds particularly true as it relates to the timeline and trajectory of cross-border payments innovations. From the Age of Discovery and the emergence of bills of exchange, to the cross-border...
Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news...
July 18, 2023
As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into exploring the intricacies, complexities, difficulties and benefits of leveraging the properties of DLT [decentralized ledger technology] for the financial system,” Daniel Field, global head of blockchain at UST, tells PYMNTS. That’s […]
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
October 01, 2018
People love mapping apps for three reasons: They completely, and correctly, plot the best route from Point A to Point B. They show changes to that route in real time...
October 01, 2018
Can blockchain help improve transparency of — and even the ethics surrounding — the gold supply chain? Emergent Technology Holdings helps track where the yellow metal came from and where...
March 25, 2025
Google Cloud and derivatives marketplace CME Group said Tuesday (March 25) that they are piloting solutions for wholesale payments and tokenization of assets. CME successfully completed the first phase of integration and testing of Google Cloud’s distributed ledger, Google Cloud Universal Ledger (GCUL), the companies said in a Tuesday press release. The companies added that they will begin […]
October 16, 2024
Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with...
November 03, 2022
The Monetary Authority of Singapore (MAS) has debuted Ubin+, a program to test the use of a wholesale central bank digital currency (CBDC) for cross-border foreign exchange settlement. According to...
August 22, 2022
The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the financial services industry around the world, debuted a distributed ledger technology (DLT) with its new Project Ion...