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.
Ant Financial will use this funding to expand its operations globally as well as towards developing emerging new technologies like blockchain.
The UK-based fintech startup Revolut, creator of the first app allowing customers to invest in Bitcoin, has announced adding Ripple (XRP) and Bitcoin Cash (BCH) for trading.
With a view to enhance privacy of data sharing, the Bank of England and Chain are examining the DLT system opportunities.
Thanks to the obtained U.K. e-money license San Francisco-based cryptocurrency exchange Coinbase now can operate in the EU countries.
Circle has expanded its services portfolio through acquisition of digital token exchange Poloniex promising to enhance customer experience.
Estonian-based startup AdHive looks to leverage ICOs for AdTech projects, believing that its potential profit is much higher in this sector than in any other.
CoinMetro has developed a fintech platform, suitable for everybody, from individuals to investors and enterprises. The ICO is currently running.
The fund will also make indirect investments through Venture Capital funds whose priorities in technologies like the Blockchain.
Singapore proves to be one of the most important Asia-based fintech hubs – and the role of the government in this success can hardly be overestimated.
Following outstanding ICO performance where London-based fintech company has managed to reach the $24M threshold, world first-class financial and innovative experts now include BlockEx in the TOP100 most influential companies of blockchain industry.
The consumer launch of UK-based startup Curve was described as a major milestone for the whole fintech industry on its way to disrupt conventional banking system. Up until now, the service was running in beta version exclusively available to business users.
Chain is now developing Ivy, Bitcoin-based programming language, used to facilitate coding of smart contracts and compete with Ethereum platform.