Materials by tag Payments

Apr 05, 2019 at 12:30
Canada Accepts Payments Using Bitcoin & Other Cryptos
A recent voting exercise that took place in the town of Innisfil, Canada, resulted into the beginning of a pilot project which allows paying taxes for property using cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin and others, and this will work for around 12 months.
Mar 25, 2019 at 15:39
UniCredit Makes First Transaction via Blockchain in Italy
The blockchain technology has continued to be massively used in banking processes across the world. In Italy, UniCredit has finally made the first commercial transaction via the blockchain. Using the We.Trade platform, UniCredit has allowed the metal packaging manufacturer ASA Group to buy a tinplate game from its supplier, Steelforce, which was supported by KBC Bank based in Belgium.
Mar 16, 2019 at 16:17
BitMax.io (BTMX.com) and Fantom (FTM) Form a Strategic Partnership
BitMax.io (BTMX.com), the industry leading next-generation digital asset exchange, has announced a strategic partnership with Fantom, the decentralized nervous system of the smart cities of the future, and the platform for nearly instantaneous payments. Fantom solves the problems of existing distributed ledgers such as Ethereum and Bitcoin, by utilizing its revolutionary technology on a global scale. The Fantom token was listed for trading on the BitMax.io exchange on March 12th 2019.
Mar 06, 2019 at 17:38
Starbucks Works with Bakkt to Enable Bitcoin Payments
From the new report, it seems that there is substantial equity held by Starbucks – the biggest coffee and snack provider globally – in the forthcoming cryptocurrency platform Bakkt. The company has earned its shares as part of a jointly constructive agreement. Starbucks’ partnership with Bakkt was initially revealed in August 2018. It is aimed at enabling bitcoin payments.
Feb 21, 2019 at 13:19
Cryptocurrency & Blockchain Arms Race Triggered By JPMorgan
The newly created cryptocurrency “JPM Coin” by JPMorgan (JPM) is gaining momentum in the blockchain arms race amongst the giant United States (U.S.) Federal Reserve (Fed), at a higher rate. It’s the first bank to develop its own digital coin. The coin is pegged to the U.S. dollar.
Jan 07, 2019 at 10:36
To What Extent is Blockchain Technology & Crypto Growing in Italy
Besides the management of financial payments, money transactions or insurance applications, the Italian path to the development of the country’s strategy in Blockchain technology and Artificial Intelligence (AI) is now in the hands of experts that will meet in January 2019.
Dec 31, 2018 at 09:49
Mizuho Plans to Establish Crypto to Boost Cashless Payments in Early 2019
Mizuho Financial Group (MFG), Japan-based, is considering introducing a cryptocurrency that will be used for payments and remittances in March next year, according to a Wednesday December 26 report by Nikkei. MFG will collaborate with around 60 regional banking institutions on this project.
Dec 22, 2018 at 12:32
Western Union is Ready for Crypto Use in its Payment & Transfer Services
The American-based leading financial services firm, Western Union, is now more than ready to start using cryptos for payments. Odilon Almeida, the president of Western Union, revealed in a video interview with Reuters Plus, that the financial institution has been evaluating and ascertaining the deployment of digital currency. They are further delving into ways through which the service delivery using distributed ledger technology (DLT) can be improved. Western Union, founded in 1851, operates in more than 200 nations across the globe.
Nov 29, 2018 at 16:20
Malicious Hacker Secretly Accessed JavaScript Library to Swindle Bitcoin Funds
A hacker has accessed a JavaScript library and inserted malicious code which steals crypto funds, specifically Bitcoin Core (BTC) and Bitcoin Cash (BCH), kept inside BitPay's Copay wallet applications.
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