Australian firm Webjet and Microsoft build blockchain PoC for travel industry
Nov 08, 2016 05:16 am UTC| Digital Currency
Webjet, an Australian travel agency, announced that it has built a blockchain Proof-of-Concept (PoC) solution with Microsoft, for online travel payments and hotel bookings. This first-of-a-kind solution has the potential...
Overstock to make seed round investment in blockchain startup SettleMint
Nov 08, 2016 04:20 am UTC| Digital Currency
Medici Ventures, Inc., a blockchain-oriented subsidiary of leading online retailer Overstock.com, Inc., has announced that it will add blockchain startup SettleMint to its portfolio of investment companies. Launched in...
SEB signs agreement with Ripple to use blockchain for payment transactions
Nov 07, 2016 12:06 pm UTC| Digital Currency
SEB, a Swedish private banking company, has announced that it has signed an agreement with distributed ledger technology provider Ripple, in order to use Ripples blockchain solution for payment transactions. The...
Blockchain app platform Lisk to issue block rewards to delegates
Nov 07, 2016 11:30 am UTC| Digital Currency
Lisk, the blockchain application platform, announced today plans to issue block rewards to Lisk delegates a critical milestone that will be reached before the end of 2016. The company said that the development of the...
Bank of Canada to publish private blockchain experiment results
Nov 07, 2016 10:49 am UTC| Digital Currency
The Canadian Central Bank announced that it will soon publish the results of its experiment with a private blockchain in a move to see what benefits the blockchain technology could provide and where the risks might lie,...
Overstock partners with Source Capital for blockchain stock sale
Nov 07, 2016 10:32 am UTC| Digital Currency
Leading online retailer Overstock.com, Inc. has announced that investment bank Source Capital Group, Inc. will act as dealer-manager for its previously announced rights offering, allowing Overstock shareholders to purchase...
China’s online insurer ZhongAn launches blockchain and AI-focused technology incubator
Nov 07, 2016 07:35 am UTC| Digital Currency
ZhongAnOnline Property Casualty Insurance Co., Ltd., a China-based online insurance company, has announced the establishment of its wholly-owned subsidiary that will focus on developing artificial intelligence (AI),...
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