The government of Belgium is making a contribution of €2 mln to promote a Blockchain project by the World Food Programme (WFP), the WFP announced April 19. The contribution will reportedly allow the United Nations (UN) to use Blockchain technology to fight against hunger in impoverished areas. The “Building Blocks” project is piloted with other […]

Belgium

The European nation of Belgium has contributed €2 million ($2.4 million) to support the United Nation’s World Food Programme (WFP) and its technology projects, including its blockchain-based payments pilot for refugees. As CoinDesk has previously reported, WFP launched an ethereum-based payments pilot in 2017 with the intention of increasing the efficacy and transparency of cash transfers to […]

News

Newly published patent filings from retail giant Walmart hint at a plan to store payments data using blockchain tech. The two applications – published on Thursday by the U.S. Patent and Trademark Office (USPTO) – both reference using a blockchain-powered platform to secure the payment data, ensuring that private information can’t be access by unauthorized […]

Blockchain

Indian banking giant ICICI Bank has consigned more than 250 corporates to its Blockchain platform for domestic and international trade finance transactions, according to a press release published April 17. ICICI Bank started exploring Blockchain opportunities for their business in 2016. In June of that year, the bank created the position of Chief Technology and […]

Adoption

Cannabis social networking platform MassRoots is developing a crypto token and other blockchain-based applications for its ecosystem of more than one million users. MassRoots outlined its vision in an annual report filed with the Securities and Exchange Commission on Tuesday, adding that it formed a subsidiary – MassRoots Blockchain Technologies – to explore applications of […]

Business News

Telegram founder Pavel Durov said Tuesday that he has been paying network administrators in bitcoin to bypass a government ban on his popular messaging platform. The messaging app’s creator announced Tuesday in his Telegram channel that he had created bitcoin grants for administrators running virtual private networks (VPNs) and other proxy services to allow users access […]

Bitcoin

Bitcoin isn’t for payments? While that may be the popular narrative of late, don’t tell that to Bellatorra Skin Care, a luxury brand that has found the opposite as it’s expanded internationally into markets such as China and India. Not only is bitcoin (which has seen years of declining interest from merchants as the network bumped […]

Bitcoin

Cryptocurrency exchange Coinbase has acquired mobile ethereum wallet Cipher Browser, the companies announced on Friday. Cipher Browser, which also offers a Web 3 decentralized app (Dapp) browser, said it would further merge many of its features with Toshi, the decentralized mobile browser launched by Coinbase developers. In addition, Cipher browser founder Peter Kim will become the […]

Business News

Global banking giant Santander Group is reportedly launching a blockchain-based application for cross-border foreign exchange on Friday. According to a report by the Financial Times on Thursday, the app, dubbed One Pay FX, is initially to be rolled out for Santander’s customers in four countries – Spain, the U.K., Brazil and Poland. The group said it […]

Banking