Cryptocurrency 

Crypto News | OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform OKEx, the world’s fourth-largest cryptocurrency exchange by 24-hour trade volume, announced the addition of TRON (TRX) to its Customer-to-Customer platform on Wednesday. Tron (TRX) is now available on our C2C market! Deposit/Trade in our C2C market…

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Blockchain 

Blockchain Renewable Energy | Can Blockchain Change this Market?

According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure and cost-efficient using the blockchain. Blockchain and Renewable Energy Markets Cointelegraph details the GCC as a “regional political and economic union that includes all the Arab states of the Persian Gulf except Iraq.” This body—comprised of six countries—is planning to increase its renewable energy capacity across all member states by 2030. This means a boost of 80 gigawatts of energy and accounts for more than half of the…

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Blockchain 

IBM Blockchain | Santander Bank Enters $700 Million Deal with IBM

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services by using innovative technology such as blockchain, AI, and big data. IBM will take care of the technology behind its new services. IBM has been leading the blockchain revolution in business across the globe. Only…

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Cryptocurrency 

Facebook Acquires Blockchain Startup Chainspace

According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed, and privacy.” According to its website, the company says that it is excited to be “moving onto something new.” Assumedly this is its new venture with Facebook. Facebook Acquires Chainspace? Facebook has confirmed that it…

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Blockchain 

IBM Blockchain Trial Successfully Completed With Mandarins

Computer giant IBM has successfully completed another blockchain trial with the help of 28 tons of mandarin oranges. The tech behemoth tracked a shipment of mandarins from China to Singapore and used the innovative technology to do so. IBM Blockchain Trial The trial consisted of 28 tons of mandarin oranges (which equates to 3,000 cartons), delivered to China ahead of the Chinese New Year celebration, beginning on February 5th. The main shipping document, otherwise known as the bill of lading (BL), was recorded on the blockchain. A bill of lading effectively…

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Blockchain 

ING Bank Teams Up with R3 in a Five-Year Blockchain Deal

ING Bank, a major Dutch International bank, has just announced that it has signed a five-year deal with R3. R3 is an enterprise blockchain consortium that holds a commercial blockchain platform. R3 released the news in a press release yesterday. ING Bank Takes on Blockchain R3’s commercial blockchain platform is called Corda Enterprise. This new five-year deal allows ING Bank a number of licenses for Corda and can roll out access to the platform. Corda will be rolled out through ING Bank globally and seek to deploy production-ready CorDapps across various business…

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Cryptocurrency 

Crypto News | UPS Invests in Blockchain & Circle Stablecoin Fully Backed

All major cryptocurrencies are seeing red again today. This week has brought higher-than-normal volatility for most of the top digital currencies on the market, making investors scratch their heads. Today, we’ll take a look at the latest trending crypto news. Crypto News: UPS Invests in Blockchain Today, the top crypto news is surrounding the logistic giant, the United Parcel Service (NYSE:UPS). It was announced that the investment arm of the shipping company made an undisclosed equity investment in the US enterprise blockchain company, Inxeption. This UPS investment will be used…

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Blockchain 

Dragonchain Partnership With Hurify | IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a “global ecosystem for developer communities, entrepreneurs, and IoT solution vendors.” Its members span the globe. Hurify Digital Markets, then, is an IoT project development platform that uses smart contracts to “support IoT project development and deployment…

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Cryptocurrency 

Western Union | Testing Ripple’s Blockchain, Will It Take on Crypto Next?

According to the president of Western Union Global Money Transfer, the company is “ready to adopt any kind of currency.” And interestingly, this includes cryptocurrencies. Western Union Ready to Adopt Odilon Almeida held an interview with Reuters Plus yesterday. Here he stated that there was no big difference between cryptocurrencies and regular digital payments, of which the Western Union has handled for years now. The president stated further: “We already operate with 130 currencies. If one day we feel like it is the right strategy to introduce cryptocurrencies to our platform, technology-wise,…

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Blockchain 

Orbs Blockchain | Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform. Orbs Blockchain Raises $15 Million Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.” It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects. The latest investment will “focus on helping Orbs further the protocol’s development…

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