Business

Israeli Blockchain Start-up Received Investment from Recruit.co Ltd

Israeli Blockchain Start-up Received Investment from Recruit.co Ltd

A press release made by an Israeli blockchain start-up, Beam Development Limited have revealed that they have received some investment fund from a Japanese employment information services company, Recruit Co., Ltd. In their official Twitter account of Beam, “This helps Beam fulfil its mission in Japan when it comes to deploying a compliant, scalable, and confidential cryptocurrency.”

Globitex to offer payment cards to its users

Globitex to offer payment cards to its users

2019 haven’t been smooth for the exchange Globitex due to bearish trend, but its CEO remains a optimist. Exchange’s CEO, Uldis Teraudkalns launched a new product – the EURO Wallet. This will grant Globitex users access to a personal IBAN number, allow them to send and receive euro SEPA payments and make instant deposits and withdrawals.

Travala Adds Nano Crypto as Payment Option

Travala Adds Nano Crypto as Payment Option

A travel booking platform, Travala has revealed that they’re going to support NANO as a payment option. Travala will enable the platform to support in total of eight significant cryptocurrencies along with the current supported cryptocurrencies in their platform such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Tron (TRX), and Binance (BNB).

Shinhan Cards Perform First Transaction Using OmiseGo

Shinhan Cards Perform First Transaction Using OmiseGo

A credit card company based in South Korea, Shinhan Cards have performed its first transaction using OmiseGo (OMG). The spokesperson of OmiseGo said, “The OMG Network and once it is publicly available, merchants such as ShinhanCard can mint and transact digital assets on the OMG network. Users can use the decentralized exchange (DEX) via the eWallet to transact between assets.”

MUFG To Launch Blockchain Powered-Payment

MUFG To Launch Blockchain Powered-Payment

Mitsubishi UFJ Financial Group (MUFG), a Japanese financial group has revealed its plan to launch a blockchain-based payments network in 2020. It has partnered with US-based fintech company Akamai Technologies to develop the blockchain platform Called the Global Open Network, they are also aiming are to integrate internet of things (IoT) and Akamai’s cloud computing platform into the network.

Chainalysis Raised $30M in Recent Funding Round

Chainalysis Raised $30M in Recent Funding Round

Chainalysis have revealed that its blockchain analysis company have successfully received $30 million USD worth of fund from its latest funding round led by Accel, an American venture capital firm. In their shared announcement, “As our second European office following Copenhagen, London will act as our hub for European business as well as anchoring our research.”

SDK.Finance To Use Oracle Blockchain Platform for Payment Processes

SDK.Finance To Use Oracle Blockchain Platform for Payment Processes

A decision has been made by SDK.Finance as an effort to improve the efficiency of the payment process by using the Oracle Blockchain Platform. The VP of Blockchain Development Platform, Oracle, Frank Xiong then described “change the future of digital payment processing, improving the user experience, security, speed, and cost of each payment dramatically.”

NEM Foundation and NEM Labs Releases Joint Statement

NEM Foundation and NEM Labs Releases Joint Statement

An announcement has been made by NEM Foundation and NEM Labs that a joint statement has been released. In the NEM’s official Twitter account shared the proposal made by both NEM Foundation and NEM Labs. The joint report highlighted, “Both NEM Foundation and NEM Labs will work together to accomplish this as part of the same ecosystem.”

GM Financial Collaborate with Spring Labs Blockchain Start-up

GM Financial Collaborate with Spring Labs Blockchain Start-up

A collaboration has been established between GM Financial with a blockchain start-up Spring Lab to join the Spring Founding Industry Partners Program.  CEO of Spring Labs, Adam Jiwan said, “We came together with the view that we could develop a series of use cases that would match some of core business priorities as a lender, or a parent company.”

Blockchain-enabled IT Innovation Introduced by the Moscow Government

Blockchain-enabled IT Innovation Introduced by the Moscow Government

The municipal government of Moscow have revealed their plan to launch a blockchain-powered city innovation cluster on this coming summer of 2019. The platform will allow the participants to search for the potential partners to learn about their products and equipment, it was confirmed by the Head of the Department of Business and Innovation of Moscow, Alexey Fursin.