Ethereum 

Phillipine Government Tech Department Signs Deal With Blockchain Firm

The Department of Information and Communications Technology (DICT) of the Philippine government has signed a Memorandum of Agreement (MoA) with U.S.-based blockchain firm Monsoon Blockchain Storage, according to a report by GMA News Online on June 19. The MoA reportedly stipulates that Monsoon is to act as a blockchain consultant and advisor to DICT, offering services such as cost-benefit and socio-economic analyses regarding blockchain solutions in the Philippines. DICT Acting Secretary Eliseo Rio Jr. commented on how the MoA will benefit the Philippines, saying it will “directly benefit our continuous…

Read More
Blockchain 

Accenture to Sign Blockchain ID Deal With Canada, Netherlands and Aviation Players

Global accounting giant Accenture will sign a formal deal with Canada, the Netherlands and other parties to use blockchain in identifying travelers. The company’s managing director of capital markets, David Treat, confirmed the move at the Synchronize Europe conference in London on June 18, attended by a Cointelegraph correspondent. Part of its expanding activities in the blockchain sector, Accenture will team up with the Canadian and Dutch governments, as well as Air France-KLM, Air Canada and several airports under a new agreement. Treat will personally ratify the deal, called “Known…

Read More
Blockchain 

Azerbaijan Government Partners With IBM on Blockchain Customs Deal

IBM is expanding its partnership work with Azerbaijan’s government to bring blockchain technology to customs procedures, Central Asian-focused Trend News Agency reported on June 12. Following a reported deal with the country’s central bank in October 2018 — which should see blockchain deployed in various areas over a five-year period — IBM will now use the technology to target cargo transportation. The news came from Azerbaijan’s State Customs Committee, the chairman of which, Safar Mehdiyev, spoke about the plans at a press conference during the ongoing IT/TI Conference and Exhibition…

Read More
Blockchain 

Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17. Citing a banking industry source speaking to another publication, JoongAng Ilbo, The Korea  Herald revealed the chairman of online gaming giant NXC Corporation, Jung-ju Kim, plans to sell his 98.6% stake in the company. NXC owns 47% of Nexon, South Korea’s largest game developer, which in turn has stakes in South Korean exchange Korbit and European…

Read More
Bitcoin 

Winklevoss Twins and Charlie Shrem Settle Long-Running Legal Fight Over 2012 Bitcoin Deal

Cameron and Tyler Winklevoss have reached an agreement with bitcoin (BTC) entrepreneur Charlie Shrem to end a lawsuit the twins filed against Shrem last year. The news was revealed in court documents filed on April 16. The twins, who founded crypto exchange Gemini, had accused Shrem of stealing 5,000 bitcoin (worth about $26.1 million at press time) and using the crypto to buy Maseratis, powerboats and other luxury goods. He denied the allegations, which dated back to 2012. Attorneys for both parties have signed the document filed with a federal…

Read More
Bitcoin 

‘Coffee for Bakkt’? Starbucks Equity Deal Will See Crypto-Based Payments, Source Claims

New details about Starbucks’ partnership with United States cryptocurrency platform Bakkt suggest the coffee giant will accept Bitcoin (BTC)-based payments after an equity deal, cryptocurrency industry news outlet The Block reported on Mar. 4. Starbucks, which became known as a founding partner in Bakkt upon its unveiling in August last year, will reportedly support its software to allow U.S. customers to pay for products. As The Block reported, no actual cryptocurrency will end up processed by the chain, as the crypto will be instantly transferred into fiat. Still in the…

Read More
Blockchain 

Microsoft, Telefónica to Work on Blockchain Innovation in Fresh Partnership Deal

Spain’s biggest multinational telecommunications company, Telefónica, has partnered with Microsoft to expand its digital innovation using blockchain and artificial intelligence (AI), a press release confirmed on Feb. 25. Telefónica, which has sealed multiple blockchain-related partnerships in recent months, will now leverage Microsoft’s Azure platform to develop new services for the telecoms industry. The deal emerged as part of the ongoing World Mobile Congress in Barcelona. “Together, we will apply the power of Azure and Azure AI to create new, innovative experiences for millions of Telefónica customers around the world and…

Read More
Ethereum 

Bitcoin Again Tests $4K Amidst Anticipation of US and China Trade Deal Finalization

Tuesday, Feb. 19: crypto markets have continued gaining momentum, with all of the top 20 coins by market cap seeing green and Bitcoin (BTC) testing $4,000 again, according to CoinMarketCap. Market visualization from Coin360 Following a slight decline to as low as $3,908 yesterday, Bitcoin has continued growing towards the new price point, currently trading at $3,941 and up 4.4 percent over the past 24 hours. The biggest cryptocurrency saw a sharp bullish move on Feb. 17 and approached $4,000 yesterday by touching $3,973, the highest price point since Jan.…

Read More
Bitcoin 

Argentina Settles Export Deal With Paraguay Using Bitcoin

Argentina has settled an export deal with Paraguay in Bitcoin (BTC), Cointelegraph en Español reported on Thursday, Feb. 14. In a reported first for both countries, Paraguay has bought pesticides and fumigation products  worth $7,100 from Argentina, using cryptocurrency to settle the deal. The purchase was paid for in BTC and then converted into Argentine peso to settle accounts with the exporter of the agricultural chemicals. To proceed with the payments, Argentina applied to Bitex — a Latin American financial services provider that supports Bitcoin payments. According to the chief…

Read More
Blockchain 

Santander Enters $700 Million Deal to Use IBM’s Tech, Including Blockchain

One of Europe’s largest banks, Banco Santander, and tech giant IBM have announced an agreement to accelerate the bank’s development of technologies such as blockchain. The news was announced in a press release published on Feb. 13. The five-year global technology agreement is reportedly aimed at enhancing the financial institution’s services using emerging technologies — such as blockchain, artificial intelligence and big data — provided by IBM. The deal between IBM and the largest financial and credit group in Spain is reportedly valued at approximately $700 million. The move aims…

Read More