Tag

adoption

Browsing

Visa, popular payment processor and credit card service company has through its CEO expressed its openness to support cryptocurrencies in due time. The CEO who made his stance known on CNBC’s Mad Money show; has his company look to follow the lead of fellow financial service provider MasterCard, but only when the crypto market size grows. According to the company’s CEO Al Kelly, the Visa brand will implement cypto-friendly systems in the future if the global…

The Xinhua News Agency, one of the most credible news outlets in China, connected to the state with its president one of the most pivotal members of the Chinese Communist Party’s Central Committee, has reported the hard stance taken by the state on cryptocurrencies. Essentially calling for a iron fisted crackdown on those using such technology for fraudulent purposes and scams, the rest of the announcement however suggested that the state should make regulations to…

Prime Minister Joseph Muscat of Malta has revealed the government’s plans to adopt Blockchain technology as the state officially approved a draft for the implementation of the technology. This comes as the first step as the government is to actively begin to encourage adoption into various commercial and state settings. While the prime minister did acknowledge the potential problems associated with regulating such technology, Muscat remained optimistic of cryptocurrencies impact on fintech applications. “This is…

Samsung unveiled its latest and greatest development in Blockchain technology as it revealed the Nexledger project, which is a business to business communication solution developed by the IT subsidiary of the conglomerate. Started in 2015, the project is one of the biggest solutions to come out of research into Blockchain technology undertaken by Samsung which also involved the purchase of Blocko as a means of commercializing Blockchain technology. The Nexledger platform is supported by the likes…

The steam service has only recently introduced Bitcoin to its platform but it has just made the move to introduce zero confirmation transactions. This will essentially allow payments to be instant as no confirmations are required. The risk of fraudulent transaction is extremely high but it is hoped the bitpay service is able to mitigate these problems. Steam is the leading producer of digital content across the globe on the PC platform. Distributing huge AAA…