Shown as one of the world's most important software companies, SAP is preparing to become another big company that brings the blockchain industry to its business model. Torsten Zube, chief operating officer of SAP's Blockchain-based operations , stated that they wanted to control the product supply chain with a Blockchain-based system . They...
HSBC Holdings announced the world's first commercial financing transaction using blockchain. This is an important step to increase productivity and reduce errors in multi-billion dollar international trade. According to HSBC 's statement, HSBC and Dutch bank ING successfully transferred funds to Cargill , the food and agriculture group. It is emphasized that the use of the blockchain technology in the banking sector will...
According to the Tether (USDT) pacific clock, at around 11:20 pm, the cryptocurrency entered the market with new tokens worth $ 250 million. Though this was just a last-minute news, the introduction of large quantities of Tether into the market was a matter of debate among many people and the community on the...
The OmiseGo team is preparing to expand the business alliance with two financial institutions in South Korea. After Ripple (XRP) and EOS succeeded in making such moves, the Omisego team signed an agreement with Shinhan and Woori , two major South Korean banks. Both banks will work on Omisego's Blockchain to ease financial...
LG CNS, based in South Korea and serving in the information technology field, has started a new service which based on Blockchain technology. The BlockChain platform, which LG CNS launches under the name of 'Monachain', offers Blockchain-based logistics in the fields of finance, manufacturing and communication. One of the features of...
Big technology companies choose to keep their attitudes about own currencies. Many large companies continue their work on the way to extract their crypto money; the number of these companies is increasing day by day and seems to continue to increase. Finally, LINE , one of the biggest technology companies in the Far East,...
As one of the biggest multinational communications technology companies based in China, Huawei Technologies Co.  reported that users of smartphones will be able to download bitcoin wallets to new Huawei devices starting from May 11, 2018. According to BTC.com business associate deputy chairman Alejandro de la Torre, Huawei is going...
Facebook has announced to form a Blockchain team. There is no detail about what the team will focus on but we can assume that there will be some on data processing and most importantly about payment options. Facebook, a media company, has already disrupted banking system with direct payment...
Fundstrat founder Thomas Lee explicitly confirmed that the prediction of Bitcoin's increase following the Consensus 2018 conference was very disappointing. Consensus took place this week between May 14 and May 16 . We can say that Consensus has proved the interest that has increased by three times as much as the previous year and has been increasingly attracting attention to cryptocurency and blockchain technology. That's why Thomas Lee figured out a rice in...
The financial authorities in South Korea have been following a string of local cryptographic currency exchanges and the stock exchanges in the country are being reviewed by various institutions. The Financial Services Commission (FSC), the country's highest authority in terms of financial regulation, has also begun to examine South Korea-based cryptocurrency exchanges. One...