Tuesday, February 19, 2019
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Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16.RippleNet is a global blockchain-based payment network of institutional payment providers, that was

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Major Canadian Exchange Coinsquare Acquires Zero-Fee Payment Network StellarX

Major Canadian crypto exchange Coinsquare has acquired StellarX, a Stellar (XLM)-based zero-fee decentralized payment network, according to a press release published on Feb. 14.According to the announcement, Bermuda-based StellarX will be a fully owned subsidiary of Coinsquare and will seek regulatory approval to operate and expand its service under Coinsquare’s

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Altcoin Beam Announces Plans to Incorporate Mimblewimble Lightning Network

Privacy coin Beam (BEAM) has announced that it plans to introduce a Mimblewimble-compatible lightning network (LN), according to an paper published by Beam on Feb. 12.Beam’s main goal for implementing the Lightning Network, which would allow for a second-layer scaling solution for quick transfers on value off-chain, is to enhance

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World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12.The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1

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Blockchain Protocol Invites Developers to Build DApps on Its Network

A new blockchain protocol is presenting itself as a place where businesses and individuals can build peer-to-peer financial applications with confidence.Bytom describes itself as the “infrastructure of the asset internet.” The company’s vision is to create diverse assets and a programmable economy and ensure that byte assets (such as cryptocurrencies

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Jack Dorsey Says Cash App Support for Lightning Network a Question of ‘When, Not If’

Twitter co-founder and CEO Jack Dorsey — also the founder and CEO of United States-based Bitcoin (BTC)-supporting payments service Square — said that rolling out the Lightning Network on Square’s Cash App is a question of “when, not if.” Dorsey made his remarks during an interview alongside Elizabeth Stark, co-founder

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UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

Finablr, a global payment platform and foreign exchange operator based in the United Arab Emirates, has joined Ripple’s (XRP) RippleNet blockchain network, a press release reveals on Feb. 11.Finablr's network brands, UAE Exchange and payment platform Unimoni, will use the blockchain-based platform provided by Ripple to complete real-time transactions to

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Ripple Expanded University Blockchain Research Initiative Network

Enterprise blockchain solutions provider Ripple expanded its University Blockchain Research Initiative (UBRI) network by adding another eleven universities in the United States, China, Singapore and Brazil. UBRI was launched by Ripple in June 2018 with 17 universities as launch partners to accelerate academic research, technical development and innovation in blockchain, cryptocurrency

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