Ease of logistic operations by deploying Blockchain - FedEx reports
May 16, 2018 14:45 pm UTC| Digital Currency Fintech Technology Business Insights & Views
FedEx, the shipping kingdom has announced yesterday that the organization would begin utilizing emerging Blockchain technology to track bulky and costly shipments in the near future, the CEO Fred Smith confirms. By...
Cambridge Blockchain raises $7M in Series A round led by Foxconn’s HCM
May 16, 2018 12:01 pm UTC| Digital Currency
Blockchain identity startup Cambridge Blockchain has raised $7 million in a Series A funding round led by HCM Capital, the venture arm of Foxconn Technology Group. The funding round also saw the participation from...
Circle attracts $110M in Series E round, announces dollar-pegged cryptocurrency ‘USD Coin’
May 16, 2018 11:20 am UTC| Digital Currency
Blockchain-based payments startup Circle made two major announcements a $110 million Series E round and tokenized US dollar coins USD Coin. The funding round was led by Bitmain and drew support from existing investors...
Taiwanese tech giant HTC announces blockchain smartphone ‘Exodus’
May 16, 2018 09:55 am UTC| Digital Currency
Taiwanese smartphone maker HTC is working on a new Android phone which will be powered by blockchain technology, The Next Web reported. Dubbed Exodus, the new phone will be dedicated to decentralized applications...
Russia’s MTS, Sberbank issue commercial bonds using blockchain technology
May 16, 2018 09:00 am UTC| Digital Currency
Russian telecom giant MTS has announced that it has issued commercial bonds using blockchain smart contracts, making it the first such transaction in Russia. The transaction involved placing commercial bonds in the...
NYC Economic Development Corporation to launch blockchain resource center
May 16, 2018 06:48 am UTC| Digital Currency
The New York City Economic Development Corporation (NYCEDC) has announced two blockchain initiatives aimed at position New York City as a hub for blockchain innovation. The initiatives include the launch of the NYC...
Bermuda signs MOU with blockchain KYC/AML platform Shyft
May 16, 2018 05:11 am UTC| Digital Currency
The government of Bermuda has inked a Memorandum of Understanding (MOU) with Shyft, a blockchain KYC/AML solution. In the past couple of weeks, the government has been collaborating on a number of blockchain...
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