The world’s most populous country has filed a prevail number of blockchain patent applications leaving the U.S. a poor second in the race for technology dominance.
Samsung SDS Co. has presented its blockchain-based platform called BankSign that will facilitate transactions at different banks.
South Korean tech giant Samsung has explained why smartphones are better devices for crypto transactions than laptops. It is a matter of different ways of storing the data.
Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
The newly proposed blockchain system helps to provide concrete evidence of the transactions between merchants and customers in addition to the traditional receipts.
Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.
Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.
Thanks to Basepay ambitious plans, cryptocurrency payments will soon become available to a great number of people all over the world.
Dan Schulman, PayPal CEO, said that as the popularity of PayPal and its mobile payments platform Venmo grow, traditional methods of payment will be replaced by digital alternatives, which means that there will be no credit cards in 20 years.
The Payment Request API introduced in Apple is interconnected with Ripple’s Interledger Protocol that allows easy payments across multiple ledgers.