Credit card giant American Express has filed a patent application for blockchain-based proof-of-payment technology. American Express isn’t an institution unfamiliar with blockchain. Throughout the past few months, we’ve seen the financial services company support the blockchain very publicly. Just recently, the company deployed Hyperledger’s blockchain technology to upgrade its Membership Rewards program, becoming the first major U.S. […]

Ripple (XRP), the largest bank-targeted blockchain protocol, is attempting to take over 50 percent of India’s finance sector by processing payments with low fees and efficient systems. At the Scaling and Digital Disruption in Fintech conference, Ripple Vice President Asheesh Birla, said that the company envisions surpassing the adoption rate of bitcoin to ensure XRP becomes the dominant cryptocurrency […]

A newly-published patent application seeks to use blockchain technology to establish and maintain a chain-of-ownership for artwork. The patent application, which was published by the U.S. Patent & Trademark Office (USPTO) on Thursday, lists the framework’s inventor as Howard H. Sheerin, a patent attorney in Scottsdale, AZ. According to Sheerin’s LinkedIn page, he now works in […]

Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday, July 11. a new research forecasts this week. According to a global market research store Research and Markets, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million in 2023. The 132-page report singles […]

By Laura Desmond Blockchain expert Nick Evdokimov has released a video series on his YouTube channel where he explains the key investment techniques on how to navigate cryptocurrency ICOs. With the growing number of investment opportunities, it has never been harder to choose which project to invest in. It is almost impossible to predict whether […]

Google’s co-founder Sergey Brin made the surprise revelation that he is an Ethereum (ETH) minerat the Blockchain Summit in Morocco Sunday, July 8. Brin is currently the president of Alphabet, Google’s parent company which formed as part of the tech giant’s restructuring back in 2015, but his “side hustle” is apparently mining the world’s second largest cryptocurrency, Ethereum, together with his 10-year […]

The U.S. Securities and Exchange Commission (SEC) has settled with two Nevada men over charges that they illegally profited from sales of stock in a claimed blockchain company, according to an SEC release. The SEC originally alleged on July 2 that attorney T.J. Jesky and his law firm’s business affairs manager Mark DeStefano had allegedly made about $1.4 […]

By Laura Desmond Education models built on blockchain technology have the momentous challenge of programming their blockchains for powerful performance and efficient productivity to overcome. Given the blockchain’s inherent scalability problem (which results in agonizingly slow communication), decentralized education models have adopted different types of distributed networks to decongest their platforms. In this way, they […]

U.S. retail giant Walmart’s latest blockchain-related patent application describes a “secure” delivery management system, according to a filing published by the U.S. Patent and Trademark Office (USPTO) July 5. The newly published application, entitled “Delivery Reservation Apparatus and Method,” outlines a blockchain-based management system for delivery lockers that can keep delivered items safe until their purchasers are able to […]

Investment banking firm Benson Oak revealed it would pump “around $100 mln” into Israel-based startups with an “emphasis” on blockchain, local Israeli news outlet the Jerusalem Post reported today, July 9. The Czech-headquartered giant’s subsidiary Benson Oak Ventures will focus specifically on the Israeli market. Having already raised $25 mln, a further $75 mln is expected, with the company expressing […]