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business news
Anti-Patent Troll Consortium Is Recruiting Blockchain Startups
Three blockchain startups have joined a multi-industry consortium that protects its members from patent trolls.

Walmart Joins Pharmaceutical-Tracking Blockchain Consortium MediLedger
Retail giant Walmart has joined MediLedger, a consortium building a blockchain for tracking pharmaceuticals.

SBI Plans Launch of In-Store Payments With Ripple-Powered 'Money Tap' App
SBI Ripple Asia is live testing in-store payments using its Ripple xCurrent-powered Money Tap app before a full launch "this year."

Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.

State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020
Insurance giants State Farm and USAA are in advanced testing of a blockchain to automate claims processing.

Huobi Clamps Down on Crypto Wash Trading After Bitwise Report
Huobi said it has taken steps to discourage wash trading in the wake of a report that implied the exchange inflated trading volume.

Binance Partners With Crypto Lending and Borrowing Firm Cred
Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem.

Three of Ireland's ‘Big Four’ Banks Using Blockchain to Verify Staff Credentials
Bank of Ireland, AIB and Ulster Bank, are using a Deloitte blockchain system to verify and track employees' credentials.

Egypt Lifts Ban, Will Allow Licensed Cryptocurrency Companies
Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.

Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.
