Search Results for "consumer"
Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation
Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.
Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers
The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.
US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal
Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.
New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses
The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.
American Health Firm Enhances Medical Record Transparency with Blockchain
For the next 3 years, American Health Insurance Company Anthem is reported to be adding blockchain technology to store and share medical history for its 40 million-plus consumer base.
Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform
The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.
Coffee Origin Traceability Propelled by Blockchain App
The traceability of coffee origin is set to be propelled through blockchain technology. For instance, a blockchain-enabled app known as 'Thank My Farmer' seeks to avail information about this to various consumers, such as millennials.
Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials
Waste management is one of the main challenges after global warming, which affects the natural environment. Dell is committed to developing solutions to enable better waste management. Recently, Dell partners with VMware to track recycled packaging materials using blockchain.
UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies
The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.
Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance
Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!
United States Financial Regulators Sign Onto the Global Financial Innovation Network
In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).