JPMorgan partnered with fintech startup Baton Systems to enable the real-time movement of cash and collateral transfers using blockchain. Major global investment bank JPMorgan has developed a new blockchain-based solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to…
Read more
FinCEN Director Kenneth Blanco said that Anti-Money Laundering laws will be strictly enforced in the world of crypto. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov. 15, Reuters reported that Blanco made it crystal clear…
Read more
Measure Protocol, a blockchain-based data marketplace, has partnered with the Broccoli app to create a cannabis research project. A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users. According to a Nov. 12 press release, the companies will use the new community to…
Read more
The U.S. Department of Homeland Security has awarded $200,000 to a Virginia-based firm to develop blockchain security solutions. The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14. The Department’s Science and Technology Directorate (S&T) made the Phase…
Read more
Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of infant formula. Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of milk-based formula for infants, according to a Nov. 14 announcement. By using the platform, the…
Read more
Ahead of its hard fork, Bitcoin Cash sees suspicious hashing power sources cause a ruckus. An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult…
Read more
With 15,000 users, Pepo is a social media product that wants to engage the crypto community. During day two of BlockShow Asia 2019, Pepo founder and CEO Jason Goldberg hosted a keynote to present his new product. With 15,000 users and more than 45,000 peer-to-peer transactions to its credit, Pepo aims to change the way…
Read more
The bridge between crypto and fiat is getting stronger. The bridge between crypto and fiat is getting stronger. Speaking on stage at BlockShow Asia 2019, Chief Scientist and CEO of decentralized AI marketplace SingularityNET Ben Goertzel announced new support for conventional PayPal transactions to support the purchase of the platform’s AGI tokens. “We’re excited about…
Read more
Regulators in the Chinese autonomous province of Inner Mongolia intend to dispatch inspection units to assure the clean-up of local crypto mining companies. Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies. The Global Times reported on Nov. 13 that northern China’s Inner Mongolia Autonomous…
Read more
Three firms that collectively raised about $40 million through unregulated ICOs in 2017 missed the deadlines set forward in their settlements with the SEC. Several firms that collectively raised about $40 million through unregulated initial coin offerings (ICOs) in 2017 missed their deadlines to repay investors following charges by the United States Securities and Exchange…
Read more
