HSBC Facilitates India's First Blockchain Trade Finance Transaction

HSBC recently facilitated India’s first blockchain trade finance transaction. This development reinforces the narrative that despite the negative stance towards cryptocurrency in India, there is some focus on the benefits of blockchain technology in the country. Details of the Transaction According to The Times of India, the British Banking behemoth recently executed a trade finance…

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How will Blockchain Help Those Living Below the Poverty Line?

Photo: PEXELS About half the world population, over 3 billion people, survive on less than $2.50 in a day. Moreover, 80% of the folks live on fewer than $10 per day. The most recent estimates by the World Bank also reveal a similar, gloomy picture. 10% of the global population lived on less than USD…

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Fidelity Set to Debut Blockchain and Cryptocurrency Products by Q4 2018

Fidelity Investments plans to make significant inroads into the emerging cryptocurrency and blockchain technology industry. The U.S. finance behemoth will most likely announce some of its upcoming projects before the end of 2018. Announcements Coming Before the End of the Year According to Fidelity Investments CEO Abigail Johnson, the company already has a dedicated team…

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PwC Survey Identifies 'Usual Suspects' as Hindrances to Widespread Blockchain Adoption

A recent PwC survey has identified the usual suspects — regulatory uncertainty, and lack of trust, among others— as the major factors that hamper the widespread adoption of blockchain technology. Barriers to Blockchain Technology Development According to the survey, there are already dozens of adoption cases for blockchain technology in the global business process. However, issues…

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NEM’s LoyalCoin Joins Hands With Grab Philippines to Push Blockchain Adoption

NEM partner LoyalCoin has partnered with ride-hailing firm Grab in the Philippines to further push blockchain and cryptocurrency adoption in the region. Peer-to-peer cryptocurrency and blockchain platform NEM said that its partner LoyalCoin had joined with Grab Philippines to allow passengers of the ride-hailing company to use LoyalCoin to pay for rides using Grab. We’re…

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Spotlight: Banking Giant ICICI Promoting Blockchain Technology in India

The regulatory situation has been tense in India in recent months. But Indian banking giant ICICI is promoting blockchain technology on LinkedIn regardless in a bid to spread awareness about the revolutionary technology. The bank has harped on the benefits of distributed ledger technology at a time when many official Indian institutions are contending with…

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Co-Founder of AI Blockchain Play ATN Talks AI Revolution in Shanghai

We recently went to the Shanghai Ethereum Meetup and met with a number of project leaders that are working on innovative ways to use Ethereum to bring cryptocurrency to the masses. We may have had to trudge through the maniacal downtown Shanghai rush-hour traffic and a bone-soaking rainstorm to attend this exciting event, but it…

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AirAsia Is Planning for an ICO to Gain Crypto Edge Over Competitors

AirAsia, the Malaysian budget airline, is looking to run an Initial Coin Offering (ICO). At the same time, AirAsia CEO Tony Fernandes just launched BigPay, the airline’s digital payment’s platform. Blockchain-Powered Loyalty Program AirAsia is exploring the possibility of organizing an ICO to raise money through their own digital token. To that end, airline CEO…

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