This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Thinking about diving into the world of cryptocurrency in Singapore? In this guide, well walk you through everything you need to know on how to buy cryptocurrency in Singapore. What is Cryptocurrency? Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology.
PayPal is opening its network to allow consumers to shop usingcryptocurrency. Webster noted that bitcoin has been around for a decade, and while the conventional wisdom had been that the digital offering would be used far and wide as a payment transacting conduit, those predictions have been wildly off the mark.
Blockchain may have received its most exposure as the distributed ledger technology at the foundation of cryptocurrency exchanges, but its usecases are advancing into other data-driven or supply-chain industries pursuing the Internet of Things.
To that end, any number of analyses are coming in the blockchain arena. According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies.
PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. The news was announced at Consensus 2024 , the long-running cryptocurrency, blockchain and web3 event. ” The simplified experience of PayPal and Venmo wallets shows PYUSD as a unified balance regardless of the blockchain.
Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. It also plans to provide financial, technical, and business support to developers.
Usecase: Customers can pay by tapping their smart devices into the vendors NFC-enabled POS. Usecase: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item. Usecase: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item.
But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. Additionally, there is a speed issue that needs to be addressed, since transacting with BTC requires the blockchain to be updated with a number of confirmations, which takes time. Bitcoin gets all the headlines.
Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.
Several years ago, we began testing cryptocurrency transfers to better understand the technology as it relates to payments and immediately saw the value it could provide, says May Zabaneh, VP of Product at PayPal. We plan to continue to deliver more usecases for merchants and consumers around the world, says Zabaneh.
Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.
Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. download our best of blockchain research. download our best of blockchain research.
Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning. and Brazil.
New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. The European Union has become the latest jurisdiction to pave the way for cryptocurrency adoption. European Union Next To Ease Crypto Adoption. Many more made contactless payments.
Rather than shying away from the complexities of the digital asset revolution, the city-state is actively embracing the potential of tokenisation and cryptocurrencies. The global nature of cryptocurrencies presents regulatory hurdles, particularly in areas like anti-money laundering (AML) and combating the financing of terrorism (CFT).
Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.
Not all that long ago, blockchain and bitcoin were inseparable – shorthand for the Wild West of cryptocurrencies and speculation. One firm, tZERO Group , is betting that blockchain can help disrupt capital markets themselves. Blockchain can help automate compliance efforts and settle trades with speed. The UseCases .
Blockchain made plenty of headlines last year. We’ve seen stories on everything from price volatility surrounding cryptocurrencies to increased adoption of blockchain tech by some of the world’s largest corporations. GET the 47-page blockchain TRENDS report. Fiat-crypto exchanges. Decentralized exchanges.
Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Or at least they didn’t until now. Crypto’s Path To Spendability.
This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.
However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different usecases are emerging and being rapidly adopted. We will: Explore the biggest innovations over the past year in the cryptocurrency, stablecoin, blockchain and digital assets spheres.
Technology The decentralised network connected through a network of computers or nodes underlies blockchain technology, synonymous with cryptocurrencies. Blockchain protocols are the guidelines or rulebooks that determine how a blockchain works. They want to be the first to use the product.
However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different usecases are emerging and being rapidly adopted. Our monthly focus now turns to the most well-known form of digital assets : cryptocurrencies.
As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Cryptocurrencies followed closely behind CBDCs, with 23.5% Institutional investors focus on digital assets.
Ripple, the blockchain company that owns XRP, the digital currency, has joined forces with NEM, Fetch.AI, and EMURGO/Cardano to create a new association that represents the interest of blockchain and cryptocurrency business in Europe. The group behind Blockchain for Europe isn’t the only player eyeing the technology.
In this week's roundup of payment rail innovation, PYMNTS finds B2B payments usecases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. Plus, blockchain projects move closer to launch in the U.S.
Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.
Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Please click to enlarge.
Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. In the post, Facebook laid out the tenets of the employees it is seeking.
Beyond the vagaries of cryptocurrencies, the price swings and headlines, and the investigations and speculation, usecases emerge. In illustrative usecases, users can send dollars to the U.S. Santander is no stranger to blockchain. In Brazil and Poland, said Santander, customers can transfer to the U.K.
Blockchain is permeating nearly every industry, from healthcare to supply chain management. Download our 78-page report on the future of the blockchain. VCs and corporations are hot on blockchain. Get the report to see where blockchain tech is going. Get the report to see where blockchain tech is going.
Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. That would leave room for blockchain. As reported in July via white paper, the U.K.
HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain.
This year’s blockchain craze has pushed a huge amount of new money into cryptocurrencies, private blockchain projects, and companies holding initial coin offerings (ICOs). As of now, the total market capitalization of cryptocurrencies stands at more than $220B — a huge leap from where it started the year at $18B.
The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into usingblockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. Earlier this year, the British Virgin Islands partnered with blockchain firm LIFElabs.io
The idea that digital assets are exclusively some form of currency has been slowly dispelled, as new usecases emerge and are rapidly adopted across the globe. The digital currency landscape in the MEA region is diverse, with a vast number of companies offering services to meet a variety of usecases and needs.
Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. The hope has been that as blockchain moves beyond bitcoin , the decentralized way of moving data, assets and communications would find a wide berth in business. I say, ‘Show me the usecase.
5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. In other news, ten Spain-based tech and finance companies are developing a self-managed digital identity usingblockchain and have completed the concept test phase, according to a Santander press release. at 10:50 a.m. (ET),
Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. Blockchain Capital is the premiere fund for any project looking to get off the ground in the blockchain space.
Blockchain. Cryptocurrencies. As of this writing in mid-November 2017, the total market capitalization of cryptocurrencies hovers around $220B (with a single bitcoin trading for upwards of $8,000). Huge corporations — like Walmart and Pfizer — have completed successful blockchain pilots. What is blockchain?
Blockchain is increasingly garnering headlines and attention for its usecases beyond cryptocurrencies. Blockchains provide that vital, real-time data, and the important accompanying documentation that can be associated with the goods.”.
It’s a self-proclaimed blockchain city. Dubai is gearing up for payments via digital coin through a concerted effort between the government and blockchain payments provider Pundi X , with hardware rolling out and a state-created cryptocurrency. Dialing For Blockchain. Tokens — Not Just For Speculation.
This speaks more to an investment strategy (asset diversification, for example), we contend, than as a pivot toward using cryptos in the service of commerce. Toward that end, and more mainstream usecases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrencyused, remains key.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content