The Bitex (a cryptocurrency exchange) has entered in partnership with a prominent banking service provider in Latin America, Bantotal (located in Uruguay) which gives the exchange to work with more than 60 banks and other financial institutions. Bitex CMO Manuel Beaudroit stated, With this technology, banks can have access to an API and have control of the whole process of payment with visibility and reliability on the bitcoin blockchain.”
The fast-food chain, Church’s Chicken located across Venezuela has announced that they will now accept the Dash cryptocurrency as payment across all 10 outlets in Venezuela. The eateries GM Orlando Gustavo Navas commented, “This integration was the result of our trust in Dash and its role as a growth agent in this new financial world – a system which can be successful in any market across any number of different industries.”
BitPay recently announced that it is introducing the new identification process as a significant part of BitPay Dashboard, which is high-value payment of 3,000 dollars or more to a BitPay trader, to demand a refund of 1,000 dollars or more. The BitPay Dashboard gives clients access to transaction history and a customized home page for their blockchain payments and future BitPay payment features.
A blockchain payment system, Terra headquartered in South Korea which allows anyone with a bank account to seamlessly buy using the frictionless payment app. has recently revealed an interesting report regarding its consumer’s behaviour. It was reported that 74.04% of the users are women in their late 30s and early 40s are the age group and category that are spending using Terra the most even though it is clear that the men are dominating the larger blockchain and cryptocurrency industry.
Tata Consultancy Services (TCS a major tech firm headquartered in India) has witnessed an increasing number of the company which focuses on blockchain solutions and pilot projects rather than proofs-of-concept (PoCs). The global head of blockchain services in TCS, Lakshmi Srinivasan explained, “Customers are interested in doing now more of pilots, rather than just exploring it for the sake of proof-of-concept.”
A partnership has been established between a leading provider of blockchain-related advisory and consulting, AmaZiz with an investment fund manager, Olymp Capital which will get access to companies AmaZix has analysed and reviewed. The CEO of AmaZix, Jonas Karlberg then explained, “…blockchain and digital asset advocates are pioneers, staying ahead of the curve…We recognise Olymp Capital as a first mover in such a fundamental area of finance and are pleased to be partners with them.”
TradeWindow (a blockchain startup) has reportedly received investment & funding from New Zealand’s Auckland Saving Bank (ASB) for the launching of distributed ledger technology (DLT) trade platform. The Executive GM at ASB, Nigel Annet explained, “TradeWindow has the potential to truly transform the way our customers experience the international trade process.They will be able to operate more efficiently with trust and security across the globe.”
The Cardano Blockchain (based in Switzerland) has shared their intention to support towards blockchain security research. The foundation has unveiled their support for academic programs in across all the continents of the globe with Input Output HK (IOHK) & EMURGO as partners for the study of blockchain technology which will help to boost the research regarding the security and the vulnerabilities of the emerging industry.
A start-up based in Singapore vision to transform the Southeast Asian and it’s building smart cities in the Cambodian capital, Phnom Penh powered by blockchain technology. A technology entrepreneur, Eddie Lee explained, “Building on a hybrid blockchain infrastructure, the smart city collects information through residents’ multiple daily touchpoints. These create an understanding of how the city moves, lives and functions.”
A memorandum of understanding (MoU) has been signed between two parties, Dagang NeXchange Bhd (DNeX) and the Perbadanan Islam Johor Sdn Bhd (PIJ) in developing the Johor halal certification blockchain system (JHCBS). The two entities will be working on developing a halal certification blockchain system and an e-commerce halal platform for the application and verification of halal and marriage certificates.