This video is brought to you by CoinIdol.com in partnership with Koles Coin News Channel
Customer identification with blockchain technology. French bank Credit Mutuel Arkea has been working with technology company IBM to use blockchain to identify its customers. Unlike the branch network blockchain allows to access across all of the bank’s IT systems. Currently the technology is not yet fully integrated and the work is still in process.
Paytm is launching its own digital bank. Indian top mobile payments firm has announced that it has formally received permission for this action from the Reserve Bank of India (RBI). Paytm founder and CEO Vijay Shekhar Sharma positioned new bank as a more user-friendly, with a particular focus on passbook modernizing. The introducing of the bank is expected in the next 30-60 days.
Kraken is launching support for Monero trading. Founded in 2011, Kraken was a partner in the first cryptocurrency bank and one of the first exchanges to offer bitcoin trading. Monero, one of the leading cryptocurrencies, is built on the core principles of privacy, decentralization, open development, scalability, and fungibility. Kraken utilizes integrated addresses which have the payment ID embedded in the address, so it doesn’t need to specify a separate payment ID for deposit.
E-Dinar Coin payment terminal was released. With the help of the terminal users will be able to make a purchase, transfer, and carry out other transactions 24/7. The official website edinarcoin.com said terminal network will be expanded, and soon it will be possible to make momentary financial operations in different countries.