JP Morgan Files Patent For Blockchain-Powered P2P Payments Between Banks

JP Morgan Files Patent For Blockchain-Powered P2P Payments Between Banks JP Morgan Chase & Co. has outlined a peer-to-peer payments network in a patent application filed with the U.S. Patent and Trademark Office (USPTO) yesterday, May 3. The network would use distributed ledger technology (DLT), such as blockchain, for intra- and inter-bank settlements. The application describes the…

Ripple’s Enterprise Blockchain Network Adds a New Bank

Ripple’s Enterprise Blockchain Network Adds a New Bank Ripple’s global network of banks and payment providers has a new member. Announced Monday, BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology, a press release states. As such, the…

Coinbase To Boost Toshi Dapp By Taking Features From Recently Acquired Cipher Browser

Coinbase To Boost Toshi Dapp By Taking Features From Recently Acquired Cipher Browser Coinbase has recently acquired Cipher Browser, a wallet based on Ethereum(ETH) Blockchain, and decentralized app (Dapp) developer, to improve its own similar project Toshi Ethereum network browser, according to a Coinbase tweet on Friday, April 13. Coinbase ✔@coinbase We’re excited to welcome @CipherBrowser to Coinbase! https://twitter.com/CipherBrowser/status/984827995603939330 … 9:35…

Overstock’s tZERO Reveals Prototype Of Security Token Trading Platform

Overstock’s tZERO Reveals Prototype Of Security Token Trading Platform Retail giant Overstock’s Blockchain subsidiary tZERO has introduced the prototype of its upcoming security token trading platform, Business Wirereported Monday, April 9. The company also recently released a demo video describing the details and main principles of the tZERO trading software.   According to Overstock’s CEO Patrick Byrne, the released prototype of the…

INTRODUCING OPIRIA: YOU CAN SELL YOUR PERSONAL DATA ONLINE

INTRODUCING OPIRIA: YOU CAN SELL YOUR PERSONAL DATA ONLINE   PDATA project іѕ аn online Ethеrеum blockchain bаѕеd mаrkеtplace where personal data саn bе bоught аnd ѕоld securely.  It enables consumers tо gеnеrаtе passive income bу selling their personal data to companies worldwide on the platform known as Opiria.   In return, consumers are getting…

Central Banks Move Forward With Study On Blockchain For Securities Swaps

Central Banks Move Forward With Study On Blockchain For Securities Swaps The European Central Bank (ECB) again championed Blockchain’s potential for transforming securities settlements this week as it completed new researchwith the Bank of Japan (BoJ), published Tuesday, March 27. In a second summary of findings it prepared as part of its partnership with the BoJ, dubbed…

Chile Adopts Blockchain Technology For National Energy Grid

Chile Adopts Blockchain Technology For National Energy Grid The Chilean energy regulatory agency, the Comisión Nacional de Energía de Chile (CNE), has announced that it will implement Blockchain technology in the national energy grid, reports trade publication pv magazine on Feb. 27. The CNE will use the Blockchain to authenticate information like marginal costs, average market prices, fuel prices, and compliance with…

Walmart To Implement Blockchain-Based Delivery System

Walmart To Implement Blockchain-Based Delivery System The application of US retail giant Walmart to patent its “Smart Package” system has been released by the US Patent and Trademark Office (USPTO) on Thursday, March 1, Fintech Finance reports. Walmart’s “Smart Package” patent employs a Blockchain-based tool to track package contents, environmental conditions, location, and other details. The device described in the application is intended…

Chinese Universities Are Pursuing Blockchain Patents

Chinese Universities Are Pursuing Blockchain Patents Several top-tier public universities in China are stepping up their efforts to patent some of the blockchain applications they have been developing. New data published on Feb. 23 and Feb. 16 by China State Intellectual Property Office (SIPO) highlights the efforts by institutions such as Zhejiang University, Shenzhen University…

Spain Planning to Lure Blockchain Companies With Favourable Tax Legislation

Spain Planning to Lure Blockchain Companies With Favourable Tax Legislation Spain looks like the latest nation to be warming up to the opportunities created by the ever-expanding blockchain industry. According to reports by Bloomberg, Prime Minister Mariano Rajoy’s People’s Party is in the process of drafting legislation governing the space. This could include tax breaks for…

An African Revolution Being Borne of the Back of Bitcoin and Blockchain

An African Revolution Being Borne of the Back of Bitcoin and Blockchain The stereotypical thought of an African revolution, one that breaks the chains of oppression and domination, sparks images of bloody battles of liberation. But now, with a new tool that does not discriminate or exclude, Bitcoin is helping African millennials free himself from financial repression.…