Home > Payment

BRICS Nations Discuss Creation of New Crypto For Unified Payment System

According to one official in attendance, members of international association BRICS discussed the creation of a new cryptocurrency at a recent summit.On Nov. 14, Russian financial news outlet RBC reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said that the BRICS Business Council supported

Read More

Walmart Canada Rolls Out Blockchain-Based Freight and Payment System

Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs,  is designed to improve freight and payment processing,

Read More

China’s Tech Giant Tencent: Facebook Libra Threatens Digital Payment Systems Too

The renowned Chinese internet-based technology conglomerate, Tencent Holding, joined the queue earlier in the week when it released its blockchain whitepaper for 2019 that suggests Facebook’s cryptocurrency Libra poses as much threat to the current digital payment systems as much as it does to the traditional financial world.Before now, Facebook’s

Read More

TBCASoft, IBM and SoftBank Announce a Mobile Payment Blockchain

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.New cross-carrier systemPer the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft

Read More

Five Top Automakers to Introduce Blockchain-Based Vehicle Payment System

A blockchain-based identification system is due to be launched in the U.S. markets, whose primary job will be to allow the drivers to pay their parking fees or highway tolls through a digital currency.The project has been undertaken by Mobility Open Blockchain Initiative (MOBI), an international consortium of prominent companies

Read More

Hong Kong Free Press Fires BitPay Over Bitcoin Payment Delays

Hong Kong Free Press (HKFP) has fired BitPay, a US-based bitcoin payment processing service, over non-service.The independent media firm announced today that it is going to replace BitPay with its rival BTCPay, an open-source alternative to pay merchants online via bitcoin. HKFP projected BTCPay as better service, stating that it

Read More