Barbados Prime Minister Mia Mottley has stepped in to quell a potential standoff between the fintech (financial technology) company Bitt and some commercial banks by announcing a digital currency pilot project.
Bitt utilizes blockchain and distributed ledger technology to facilitate secure peer-to-peer transactions through mobile money across a range of software and mobile applications.
Crypto-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed.
Such functionality will be offered through Bitsy, a crypto wallet and portfolio company of Medici Ventures, Overstock’s blockhain-focused subsidiary which currently has investments deployed in 18 separate ventures.
tZERO began in October 2017 to build an alternative trading system (ATS) that is dedicated to crypto security tokens. As of the August 6, 2018, tZERO will become the global crypto infrastructure industry’s de facto leader thanks to the vision of Overstock.com and tZERO in anticipating the need for regulated crypto infrastructure.
Voatz, a startup based in Boston, MA, promises to dispel some of the biggest challenges associated with voting: access, security, transparency and efficiency. The company plans to achieve this goal by combining internet-based voting with blockchain technology.
Jonathan Johnson, President of Medici Ventures, talks about his introduction to bitcoin and blockchain, Overstock.com's decision to accept cryptocurrency, and how blockchain technology could reshape the financial industry
The Islamic Research and Training Institute, the research arm of the Islamic Development Bank Group, signed an agreement with Ateon to build a Blockchain-based financial product that can potentially be used to support development and financial inclusion in IsDB member countries.
Micro-lending startup Ripio concluded its initial coin offering (ICO) presale, raising $31 million from accredited investors. Ripio is raising the funds to build the Ripio Credit Network, which will utilize an Ethereum token as a medium of exchange between lenders and borrowers.