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JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by errors, the Financial Times reported on April 21.The United States financial giant is adding new features to its Interbank Information Network (IIN,) which is now used by more

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US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers

New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11.Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access

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Albertsons Companies is Joining Blockchain-based IBM Food Trust Network to Pilot Technology to Increase food Transparency

Albertsons Companies, one of the largest food and drug retailers in the United States, is joining the Blockchain-based IBM Food Trust network. The company’s goal is to pilot the technology to improve how food is traced from farms to store shelves. The Albertsons’ recent connection with the Food Trust ecosystem,

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Tron Announces Sun Network May Launch Date, Reveals Key Phases for DApp Chain

Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will launch in late May.The Sun Network expansion plan includes developing DApp sidechains and cross-chain infrastructure. The second

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Blockchain and DEX Startup Radar Releases New Lightning Network Developer Tools

Radar, the startup behind decentralized exchange Radar Relay that raised $10 million last year, announced that it will release new Lightning Network developer tools. The statement was made in a Medium post published on April 5.The developer tools, which will be released at the Lightning Network hackathon sponsored by

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Bitcoin (BTC) Add $2.5 Billion in 36 Hours, Bitmain to Bolster Network

Bitcoin prices up three percentBitmain plans boost the network’s hash rateTransaction volumes low but could surge once prices are above $4,200Unexpectedly, Bitcoin (BTC) prices found support at Mar 5 highs as bulls flew back. This revival coincides with news of Bitmain plans of deploying 200,000 units as they plan to

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Ethereum (ETH), EOS, and Tron (TRX) Users Will Be Able to Interact With Each Other Thanks to Loom Network

Deciding which blockchain will be most suitable for a Dapp is the most critical choices of any developer; however, the Loom Network team seems to have achieved the dream of interoperability that kept many developers and enthusiasts fantasizing on social networks (and working hard to make it happen). In an announcement published on its

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