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Major Spanish Bank Latest to Bring Blockchain Into European Finance

On Jan. 3 Spain-based CaixaBank added the blockchain-powered finance platform We.trade to its list of services. CaixaBank has now become one of the first banks in Europe to provide its customers access to blockchain technology.Launched in 2017, We.trade is a finance platform powered by IBM’s blockchain technology. It was developed

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South Korean Presidential Commission Wants to Bring Crypto Into Mainstream Finance

Financial institutions should be allowed to offer cryptocurrency products, such as derivatives, according to a government advisory body in South Korea.In a new report, the Presidential Committee on the Fourth Industrial Revolution (PCFIR) proposed that the government could move to bring cryptocurrencies into the mainstream of finance through a number

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‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning Network

Bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments." While the name, c-lightning v0.8.0, is a mouthful, it's a big improvement for the user experience of the lightning network, a new layer that's probably bitcoin's best shot at scaling to

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Blockstream’s ‘Watchtowers’ Will Bring a New Justice System to the Lightning Network

Watchtowers, a semi-trusted payment channel sheriff, will keep the peace among lightning nodes. The new feature is likely to be implemented in the coming months.Spearheaded by Blockstream’s c-Lightning team, the Watchtowers are part of Eltoo, a proposed enforcement layer for the lightning network.“A Watchtower is basically outsourcing the penalizing of

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Alrosa, Tencent, Everledger Bring Diamonds on the Blockchain to WeChat

The world’s largest diamond mining firm, Russia’s Alrosa, has partnered with Tencent, the operator of Chinese social media app WeChat, on a new blockchain-based e-commerce project.Together with blockchain platform Everledger, Tencent and Alrosa will launch a new diamond-focused retail mini-program targeted at WeChat’s one billion active users, according to

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Uphold and Salt Partner to Bring Liquidity to Millions Using Crypto-Backed Loans

Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.Uphold’s 1.7 million users can now secure loans through Salt against

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