Business News

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest bank in the U.S., has quietly tested out Ripple’s distributed ledger technology – and may…

Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain

A seafood plant is working with IBM to track the provenance of fresh scallops using blockchain technology. The Raw Seafoods…

EY Launches Blockchain Tool to Help Bring Accountability to Public Finances

Professional services giant EY (Ernst & Young) is using blockchain tech to assist governments in improving transparency and accountability in…

Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ford is giving a little more road to a blockchain pilot program aimed at improving fuel efficiency. On Tuesday, the…

WATCH: ‘Big Four’ Exec Says Privacy is Key to Enterprise Blockchain Adoption

A senior executive at Big Four auditor Ernst & Young (EY) thinks blockchain will revolutionize commerce – if the community…

Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors

Foreign exchange trading platform FXCM Group has launched a basket of five cryptocurrencies aimed at retail investors. Source: CoinDesk.com

Token Investors May Sue After Former Korean Social Media Giant Shuts Down

A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.…

Coinbase Eyes European Growth After Winning Irish E-Money License

Cryptocurrency exchange Coinbase has been granted an Irish e-money license that will bring it greater access to EU and EEA…

Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions

Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany…

Facebook’s Calibra Sued By Mobile Banking App Over Similar Logos

The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August…

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