IBM Crypto Chief Calls Company the “Leader” in Blockchain Technology

IBM’s Jesse Lund, who heads the blockchain division, claims IBM is the leader in blockchain technology. In a recent interview, Lund stated: What IBM’s been doing as the leader in blockchain technology for the last three years is adding security and confidence to the system. IBM And Stellar Partnership Challenge xRapid Lund talks about IBM’s cross-border payments solution, which in part uses Stellar Lumens for settlement, and how one of the oldest technology companies in the world plans to revolutionize the remittance market. The solutions developed are challenging Ripple’s xRapid product for adoption, but all the products will have to

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Visa Is Avidly Fishing For A Crypto Blockchain Dev Hero

Visa Inc. is seeking a full-time technical product manager in Palo Alto, California. In a job posting to SmartRecruiters, the global card giant said it is looking for someone who is “passionate about the intersection of payments and cryptocurrency,” and “deeply familiar with permissionless blockchain technology.” With the additional job requirement of “a close network of experts in the fast moving cryptocurrency and fintech ecosystem,” it looks like the ancient 20th Century fintech company is serious about poaching a top blockchain pro from the crypto industry. Visa Is Getting Into Crypto Many in the crypto atmosphere are hailing the apparent

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Canadian Regulators Want Laboratoire Blockchain Investors to Come Forward

Canadian regulators have frozen the assets and activities of a blockchain firm and instructed investors to step forward. The AMF (Autorité des marchés financiers) issued a statement described as a “call to investors” regarding the company in question, Laboratoire Blockchain Inc, as well as three affiliated individuals. Following the recent announcement that the Canadian federal government is auditing dozens of Bitcoin users, Quebec province is cracking down on activity in the cryptocurrency and blockchain industries. Laboratoire Blockchain Inc The French-Canadian blockchain firm stands accused of violating securities laws. Three men are named in the injunctions: Jonathan Forte, Benjamin Forte and

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Australian Government Pledges Measly $100K Towards Blockchain Development

Australia’s Karen Andrews of the Ministry for Industry, Science and Technology is pledging $ 100,000 towards furthering blockchain development. In a press release, Andrews says her department will put the money towards “regulation, skills and capacity building, and international competitiveness and collaboration.” It’s a solid step forward in the nation’s fight to become a global blockchain leader. Unfortunately, the funds are significantly lower than previous offers like one billion AUD towards IBM’s blockchain developments for Australia’s government. The move leads enthusiasts to question what impact such a tiny sum could really have. I want Australia to lead the world when it

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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream

Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $ 250,000 to make this roll-out happen. Riot Blockchain made the revelations in a March 14 filing with the Securities and Exchange Commission. The company formed a subsidiary called RiotX Holdings to operate the exchange, which has partnered with software provider Shift Markets. Once the RiotX exchange goes live, its 2019 operational budget is expected to approach $ 2 million. RiotX Crypto Exchange to Go Online in

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House GOP Leader McCarthy Says US Govt Must Go All-In on Blockchain

Republican House Minority Leader Kevin McCarthy (R-CA) is sounding a lot like a tech entrepreneur these days. In a plea before a select committee on March 12 introducing ideas for Congress to prioritize in the 21st century, the GOP leader made his case for integrating blockchain technology into the government’s day-to-day operations. Kevin McCarthy: U.S. Government Should Dive Head-First into Blockchain McCarthy fell short of proposing that they use a public crypto network such as Ethereum, for instance, suggesting instead that the U.S. government build its own blockchain. He is, however, willing to admit that Congress “might need help from

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Ripple Bets Big on Blockchain Gaming with $100 Million Fund via Xpring

According to a press release this morning, Ripple’s Xpring developer initiative and Forte, a blockchain gaming company, have teamed up to create a $ 100 million fund for game development. Forte provides tools for blockchain integration to game developers. Xpring works to advance the XRP ecosystem through developer funding and development of tools. $ 100 Million Fund For Blockchain Gaming Forte will manage the fund and targets game economies that have more than 50,000 daily active users. The press release mentions that Ripple’s Interledger protocol will be used to settle transactions across blockchains. By focusing on cross-chain interoperability out of the gate,

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