RAKBank launches block-chain based payments to India

November 27, 2017

A retail and business bank in UAE has partnered with the blockchain company Ripple to support instant cross-border payments to retail customers in India which is the world’s largest remittance receiver. We saw American Express partner with Ripple to use its technology to provide a way to send instant cross-border payments with lower transactions costs. The age of block-chain has now allowed conventional bank remittances to be replaced by instant…

Read More >>

Ripple jumps up with a double digit number

November 19, 2017

The price of Ripple posted about a double digit increase in the trading price on Thursday following the announcement of the new partnership with the credit card giant American Express to process cross-border payments. As reported by HiTechFacts, American Express and Santander has partnered with Ripple, the infamous cryptocurrency with a stable price that is under $1. To create a blockchain payments channel between UK and US. Customers of these…

Read More >>

World’s First Virtual Reality Real Estate Supported by Blockchain

November 18, 2017

Blockchain was always about enhancing existing systems and maximizing the potentials of old ideas that that have thrived over the years. The technology has evolved to bring home certain ideas which may not have been possible before now. A few years ago, the idea of owning a portion of cyberspace on the rules of real estate allocation would have been impossible. Today, this idea not only moves towards reality, but…

Read More >>

American Express & Santander collaborate to provide seamless cross-border payments

November 18, 2017

Another advancement has strengthened the block-chain community. American Express and Santander have partnered with the financial technology firm and the famous cryptocurrency Ripple to speed up cross border payments between the United States and United Kingdom by using the block-chain technology. American’s business customers will be able to use the blockchain technology as all international payments that previously was done through FX International Payments platform will be routed through Ripple’s…

Read More >>

Sola: World’s first decentralized social network

November 13, 2017

Do you love to create your own content and the idea of making money from that content is attractive then you should try out Sola. It is a platform which helps you get your thoughts out to the world also get paid for it. With Sola, you don’t need to have a great following to reach a huge audience. There is no concept of friends and followers in this network…

Read More >>

Only 8% of blockchain products remain active

November 13, 2017

GitHub the famous code repository shows there were about 26000 blockchain related projects that was created on its platform but only a small amount of them remained active. This data was compiled by Deloitte in its detailed new report called “Evolution of block-chain technology. They got their insights from the GitHub platform. In total there were 26,885 blockchain-related projects developed last year. Despite the technology being nurtured only about 8%…

Read More >>

Universa: Block Chain Protocol For The Future

November 5, 2017

Very few ICO have generated more hype and prerelease demand than Universa, the new block-chain project that is aimed to improve on the current infrastructure that is provided by either the Bitcoin or the Etheruem. It will give easy to product smart contracts system. In practice Universa will attempt to become more than just an ecosystem for cryptocurrency payments and tokens. This crypto-currency promises to provide a next generation blockchain…

Read More >>

Cars being sold with Crypto-Currency

October 30, 2017

A car dealer in Malaysia held a sales event for luxury cars in Bukit Jalil, Kuala Lumpur Malaysia on 6th of October. He successfully sold 8 luxury cars: 1 Mini Cooper S, 2 Toyota Vellfire MPV, 1 Audi Q7, 1 Porsche 911, 1 BMW 5 Series and 2 Mercedes CLS 350. All these cars were sold on a cryptocurrency named MSD which was price at $0.10 per coin during the…

Read More >>

Flux: World’s first decentralized gaming ecosystem

World's first decentralized gaming ecosystem
October 24, 2017

Flux company announced the launch of the ICO campaign for the world’s first global decentralized gaming ecosystem based on block-chain technology. This is the first solution that has been presented to the e-sports arena. It will provide decentralized interaction of gamers, viewers and the platform itself. Flux is an ecosystem which will provided different levels of interactivity of the gaming process. It will provide a way to monetize gaming achievements…

Read More >>

American Express to establish a new customer reward system based on blockchain

American Express uses blockchain
October 23, 2017

The travel wing of American Express may consider the use of block-chain to provide personalized customer rewards system. A new patent was filled by US Patent and Trademark office that details a concept for offering customer specific types of rewards (points or virtual currency tied to a product). The patent indicates that the financial organization would make these offers by analyzing personalized data about the customer by identifying their historic…

Read More >>