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business news
Coinbase Is Rebranding Its Crypto Exchange Service
Coinbase announced Wednesday it was rebranding its GDAX platform as Coinbase Pro. Additionally, the company has acquired Paradex, a relay platform.

AmEx Upgrades Rewards Program with Hyperledger Blockchain
American Express announced a blockchain-based loyalty rewards program using Hyperledger's technology.

Thai Bank Pilots Cross-Border Transaction Using Blockchain
Thailand's Bank of Ayudhya successfully piloted a cross-border transaction using its own blockchain interledger, it announced Tuesday.

IBM to Hire Blockchain Researchers for French Expansion
IBM plans to hire 400 researchers, a portion of which will be focusing on blockchain technology, CEO Virginia Rometty said Wednesday.

Rural Banks Tap Kaleido Blockchain for Faster Transactions
Rural banks in the Philippines are looking to adopt ConsenSys' Kaleido blockchain platform in bid to boost financial inclusion.

Monero's Lead Maintainer Is Helping Launch a Crypto Trading Protocol
Monero dev Riccardo Spagni and entrepreneurs Naveen Jain and Dan Teree are launching a new digital asset protocol on the privacy token's network.

South Carolina Sanctions Startup Over Unregistered Token Sales
South Carolina securities regulators have ordered ShipChain to cease selling its tokens within the state.

Bank of America Patents Blockchain Security Tools
A new Bank of America patent outlines how a permissioned blockchain might restrict users while still helping them access the information they need.

The Auto Industry Is Gearing Up for a Blockchain-Powered Future
Automotive executives are starting to wake up to the use cases of blockchain in the industry, but there's a way to go.

Seoul Mayor Pledges Blockchain Boost in Re-Election Push
Seoul mayor Park Won-soon is pledging to focus on blockchain innovation as part of his campaign pitch for potential re-election this year.
