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Posts Tagged ‘Debitcard’

The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

Allen Scott · June 18, 2018 · 7:00 am The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin,…

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Wells Fargo Halts Credit Card Cryptocurrency Purchases

Georgi Georgiev · June 12, 2018 · 2:00 pm Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit cards.  Joining the Ranks U.S. financial services company Wells Fargo and Company has announced that it will no longer allow customers to use…

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#MetaHash: A Revolutionary Payment and Decentralized Data Storage System?

Bitcoinist.net · June 11, 2018 · 4:00 pm #MetaHash, a leading blockchain-based digital asset exchange network and decentralized real-time application platform, announced the public debut of its #TraceChain protocol and #MetaGate browser. Equivalent to Visa and Mastercard Systems but Tailored to Be Decentralized… #TraceChain technology – which its creators termed as an alternative to blockchain…

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Mastercard Files Patent for Blockchain System to Secure Card Payments

Financial services provider Mastercard has filed a patent for a blockchain system to provide faster and more secure payments on their cards, according to US Patent and Trademark Office USPTO patent filing released June 7. The patent application dubbed “Method And System For Payment Card Verification Via Blockchain” describes a public blockchain-assisted conveyance and retrieval…

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Breaking Down the Blockchain Scalability Trilemma

Bisade Asolo · June 10, 2018 · 2:00 am Scalability is a term that we see increasingly being used in the community, especially in times of considerable demand. Scalability, Decentralization, and Security When the average transaction fee for Bitcoin steadily rose, questions were raised concerning Bitcoin’s ability to scale. Similarly, Ethereum’s scalability issues were made…

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These Projects Are Changing the Way We Do Blockchain

Pini Raviv · June 8, 2018 · 11:00 pm Last year, it seemed like everyone was preoccupied with the popularity of cryptocurrencies. Most people could neither believe that they were so valuable and they were overwhelmed by the sheer breadth of the industry. For nearly twelve months, crypto retained the world’s attention, and they gave…

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Mastercard Patent Would Put Credit Cards on a Public Blockchain

Payments giant Mastercard is exploring the use of public blockchains in securely verifying payment cards at the point of sale, public documents show. According to a patent application filed with the U.S. Patent and Trademark Office (USPTO) and released on Thursday, Mastercard has come up with a conveyance and retrieval processes to verify users’ payment credentials…

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Blockchain Technology is Gaining Ground – But Not Where You’d Expect

Kim Adsitt · June 8, 2018 · 7:00 am When blockchain first started to capture global attention, everyone predicted it would take the world by storm, disrupting major industries starting with finance. Since then, we’ve come to realize that progress has been slower than we initially anticipated, not to say there hasn’t been any. A…

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Luckchemy Inks Partnership with KrowdMentor

Osato Avan-Nomayo · June 8, 2018 · 1:00 am Forging strategic partnerships is an essential aspect of bringing great ideas to life. Which is why Luckchemy, the scalable and provably fair iGaming platform is pleased to announce its collaboration with KrowdMentor, a strategic investment and advisory firm empowering blockchain investors, funds, startups, and entrepreneurs. A…

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