Blockchain 

Tim Cook Talks Cryptocurrencies | It’s a No for Tech Behemoth

Three months ago, Facebook (NASDAQ:FB) disclosed plans to roll out a cryptocurrency in the summer of 2020. Such news has made several headlines, with the latest being negative, as PayPal (NASDAQ:PYPL) might pull out of Facebook’s project. Even worse for the technology behemoth is that Apple (NASDAQ:AAPL), another tech giant, has expressed zero desire in following in the company’s footsteps, according to Tim Cook. Which brings forth the question: is it correct for Facebook to involve itself with virtual currencies? Here’s what we know about Apple’s latest comments. Tim Cook Talks…

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Blockchain 

Tech Mahindra Introduces Blockchain Solution for Finance and Insurance

Indian conglomerate Mahindra Group’s IT subsidiary, Tech Mahindra, has partnered with American tech company Adjoint. The company is set to launch blockchain use in insurance services and finance management solution. Blockchain Solution for Financial and Insurance Services On Monday, CommMEA reported that the solution, which is the first of its kind, will be a game-changer. Using the service will save clients up to $4 million for every $1 billion of financial management and banking relationships. Using blockchain in the insurance and finance sector will ensure that clients receive a seamless…

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Blockchain 

LiteLink Tech | Digital Wallet and Virtual ATM Technologies

After more than 50 years of dominating retail banking, ATMs might finally be on their way out—and a new force of disruption pushing its way in. The global rise in mobile payment platforms such as PayPal Holdings (NASDAQ:PYPL)’s Venmo and Square, Inc. (NYSE:SQ)’s Cash app has led to a steady decline in automated teller machines (ATMs) around the world. This has impacted traditional ATM companies such as NCR (NYSE:NCR) and Fiserv (NASDAQ:FISV). Whereas banks are now trying to keep up by rolling out ATMs with increased capabilities and “eATMs” featuring…

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Blockchain 

Samsung Blockchain? Tech Giant Developing Blockchain Network

South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task force, the new network is still at the “internal experimental” stage. According to the source: “Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in…

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Blockchain 

LiteLink Technologies Opens Digital Payments Division in Tech City and hires James Youn as President

VANCOUVER, B.C., March 01, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B:FF), a key player Logistics & Payment Systems with Artificial Intelligence is opening their flagship digital payments division through one of its wholly-owned subsidiaries. uBUCK Technologies SEZC (“uBUCK Tech”) will be located in Tech City Cayman, a special economic zone by Cayman Enterprise City for fintech companies. uBUCK Tech has begun development for uBUCK Pay, an online payments platform and pin voucher solution that serves as a payment alternative for consumers, businesses and merchants. The solution will allow…

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Cryptocurrency 

Facebook Cryptocurrency | Is the Tech Giant Developing a Stablecoin?

Facebook (NASDAQ:FB) is reportedly developing a cryptocurrency that will let users send money via its WhatsApp messaging app. The new cryptocurrency would launch first in India—a country with over 200 million Whatsapp users and the world’s leader in sending money home. Facebook Cryptocurrency According to Bloomberg, the company is creating a stablecoin, a digital currency that is pegged to a fiat currency—often the US dollar. These types of cryptocurrencies are supposed to be less volatile than regular cryptos. Though not nearly at a launch stage, sources say that Facebook is…

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