Blockchain 

Commerzbank Makes Milestone Blockchain Trade With Logistics Provider

Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time. Same same but different As with an earlier transaction, the trade took place between German supplier, KSB, and Taiwanese mechanical engineering group, Voith. Another shipment of special hydraulic couplings was delivered using blockchain technology via the Marco Polo trade finance network. However, for the first time ever this transaction included the integration…

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Bitcoin 

Kraken Exchange Acquires Service Provider for Institutional Investors

Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation platform.  An arsenal of tools for institutional clients As the release outlines, Interchange’s co-founders and crypto veterans Dan Held and Clark Moody have evolved Interchange to serve cryptocurrency hedge funds, asset managers and fund administrators, providing them with specialized tools to monitor and report their crypto holdings and optimize their portfolios. The…

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Ethereum 

Major Chinese Financial News Provider Quietly Adds Crypto Index

Sina Finance, a finance-focused website owned by China’s major tech company Sina Corp, has added crypto index into its mobile app, China-focused online Twitter resource Cnledger reported on July 3. The new index on China’s major financial news channel provides data on prices and performance of major cryptocurrencies such as bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC), XRP, and ether (ETH), according to a mobile app screenshot provided by Cnledger. Screenshot of Sina Finance’s Crypto Index on Mobile. Source: Cnledger The new crypto index is only available on the Sina…

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Bitcoin 

Crypto Wallet Provider BRD Partners With Wyre to Roll Out US Bank Transfer Support

Global mobile crypto wallet provider BRD has announced a partnership with blockchain payments and infrastructure firm Wyre that will enable its United States-based customers to purchase cryptocurrencies using bank transfers. The news was revealed in a press release shared with Cointelegraph on June 13. According to the press release, U.S. customers will be able to purchase bitcoin (BTC), ether (ETH) and dai (DAI) by directly linking their BRD wallet to their bank account and making a low-fee transfer. The new service is reportedly supported by over 1,700 U.S. banks, and…

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Blockchain 

Major US Health IT Provider HMS Partners With Blockchain Startup Solve.Care

Major health information technology provider for the United States government, HMS Technologies Inc. (HMS) has partnered with blockchain startup Solve.Care. The development was announced in a press release shared with Cointelegraph on April 22. As part of the collaboration, HMS will reportedly integrate Solve.Care’s blockchain platform into their federal health information technology (HIT) initiatives in a bid to reduce government healthcare costs and improve interoperability and accessibility. Bill Kirkpatrick, CEO of HMS, said that the partnership will “enable disparate HIT applications to share secured health data via patient authorized access…

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Bitcoin 

Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4. The license has reportedly been issued to Bitpanda Payments GmbH by the Austrian financial market authority (FMA) in accordance with the European Union’s Payment Services Directive 2 (PSD2). In force since January 2018, PDS2 introduced revised rules for payments service providers — whether traditional banks or fintech firms — across the European Economic Area (EEA) and the EU. Bitpanda, which operates a…

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Blockchain 

Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria. Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is used in the construction of a refrigerator for the first time. The main goal behind the project is to increase consumer interest in the sustainable consumption of energy. A blockchain solution in this case allows one to choose the source…

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Blockchain 

Identity Solution Provider Reveals New $50 Mln Fund, Blockchain Firm Is First Investment

San Francisco-based enterprise identity solution provider Okta has launched a $50 million investment fund and announced its first investment in Trusted Key, a blockchain-based digital identity firm. The news was revealed in an official Okta announcement shared with Cointelegraph on April 3. The new investment fund, dubbed “Okta Ventures,” will reportedly focus on firms that drive innovation for identity solutions via technologies such as blockchain, artificial intelligence and machine learning. With a focus on early stage investment, Okta Ventures will reportedly offer financial backing as well as offering use of…

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Blockchain 

Largest Austrian Energy Provider Debuts DLT-Based E-Car Charger

Wien Energie, the largest energy provider in Austria, has announced a charger for electric cars based on distributed ledger technology (DLT) in a press release on March 28. Per the release, Wien Energie in partnership with blockchain tech firm Riddle & Code are testing an electric vehicle charging station with “integrated secure machine identity” in Vienna. The new machines purportedly aim to provide immutable data interfaces that connect various aspects of the power supply chain, including smart meters, producers and consumers. In its initial stages, the station will purportedly allow…

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Blockchain 

Top US Energy Provider Ameren Eyes Blockchain Promise in Clean Energy Boost

Major United States energy firm Ameren and Canadian software engineering and solutions company Opus One Solutions will explore the potential use of blockchain technology. The participants announced the news in a press release on March 28. Ameren, which currently services around 2.4 million electric and 900,000 gas consumers, will examine blockchain as one of a range of options in its clean energy initiative. As of May 2018, Ameren was listed among the top 20 U.S. gas and electric utility firms, based on market value. Blockchain is set to feature in…

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