In the race of fiat and crypto payment processors trying to outperform one another, Mastercard has rolled out a futuristic idea of keeping crypto transactions private. They recently filed a patent and according to the US Patent and Trademark Office, the industry giant has proposed a method of executing the transaction on the blockchain. As a…

CLS is a financial institution with the aim to provide a variety of settlement services to its clients in the foreign exchange sector. They had been working with IBM to develop a netting solution, based on the Hyperledger Fabric blockchain. Towards the end of last month, this solution went live. Fortunately, the product was welcomed…

We have seen how the upcoming of ICOs has revolutionized the crypto landscape and escalated the market presence of Ethereum. It seems Bitcoin is about to go on the same track. At the end of 2018, a pioneer ICO will be launched on the network. It cannot be denied that the idea of hosting ICOs…

November’s second week happened to be quite a lucrative one for an array of tokens including Stellar, Ethereum, Cardano and Ripple as they surged by up to 30 percent, which is quite an unusual thing, given the recent trends. Well, the primary credit for this short-term exponential growth goes to BCH as it managed to…

Despite being a part of a very shaky niche, Ripple has managed to stand out of the competition and hit a couple of significant milestones in the last few months. From the beginning of 2018, we have been observing that the venture is playing all cards to get itself integrated within the banking sector and…

Square, a financial service provider, has just won a patent which enables payments to be made in multiple types of assets, including cryptocurrencies. The application was submitted by Square to the U.S. Patent & Trademark Office and has been approved. It does not only facilitate merchants to deal in the traditional modes of payment but also…

Zhongshan has taken a futuristic measure by moving convict tracking on the blockchain. Due to the immutable and public nature of this data structure, the likelihood of any potential fraud by the convicts will be eliminated. In a statement made by the Justice Department, they explicitly mentioned that a blockchain based tracking module has been introduced…

The National Police Agency of Japan aims to pour in funds for the development of a new crypto tool in order to flag the individuals involved in illegal trades. As stated by NHK towards the end of August 2018, the agency plans to spare 35M YEN in the following year for this project and until…

Walmart is among the finest and largest retail giants in the world right now and even in the past, it has taken incredibly bold steps to revolutionize the industry by bringing in a great deal of innovation. However, their recent move, which features the plan to create a platoon of autonomous robots with the help…

United Parcel Service (UPS), a century-old company, asserts that using blockchain technology can help with managing the global supply chain by streamlining package delivery logistics. The US Patent & Trademark Office has published documents which show that UPS filed for several patents in connection to blockchain technology as well as a DLT, which are to…