Blockchain 

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal & General and Amazon: A Blockchain Partnership On June 11, Reuters said the multinational British insurer is now working with Amazon to create a blockchain system specifically for corporate pension deals. By using Amazon Web…

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Blockchain 

Amazon Web Services Introduces Managed Blockchain to Everyone

Amazon has made it into the blockchain industry, and on April 30, the company announced that its subsidiary Amazon Web Services was launching its Amazon Managed Blockchain (AMB). Hyperleger Fabric & Ethereum Frameworks Amazon Web Services has said that its AMB is designed to allow companies and customers to easily create a blockchain network that is simple and scalable to manage and uses the Hyperledger and Ethereum open source frameworks.  The Hyperledger Fabric is a product of Linux foundation and IBM as part of the IBM Blockchain, which is a…

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Blockchain 

Moon Payment Means You Can Shop on Amazon Using Bitcoin!

If you want to buy things on Amazon using Bitcoin, you now can. All you need is the Bitcoin lightning network and crypto payment processing startup Moon. In time, the service will extend to many e-commerce sites also, not just Amazon. Let’s check this out. Moon Payment Processing The startup announced today that any lightning-enabled wallet can now be used through Moon’s browser extension. Before this, the service could be used by connecting the browser extension to exchange accounts like Coinbase. According to Moon CEO Ken Kruger, it works like this: “[The…

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Cryptocurrency 

Will Amazon Ever Add Cryptocurrency to Its Platform? Maybe!

Around one-third of Americans use Amazon.com to buy just about everything. The company holds around 90 million US-based Prime members and the average subscriber spends around $1,000 annually on the site. The wide assortment of products at low prices has helped make Amazon one of the most valuable companies in the world. Except, its frequent shoppers want access to more products on its site, including medical marijuana, prescription drugs, and cryptocurrency. Amazon and Cryptocurrency Investing.com conducted a polled study of 1,000 Amazon shoppers and found that 13% were “OK” with…

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