San Francisco-based technology startup Chain Inc. has been acquired by Lightyear Corp., with two companies forming a new entity called Interstellar. As reported by Reuters, Interstellar will migrate Chain’s customer base and products onto Stellar’s public ledger, creating a platform that will enable organizations to issue, exchange and manage digital assets.
IBM’s Blockchain World Wire (BWW) payment network is out of beta, promising simultaneous clearing and settlement of cross-border payments in “near real-time.” Based on Stellar blockchain, BWW attempts to negate banking intermediaries that add complexity and cost to the traditional international payments systems.
In an exclusive interview with ForkLog SatoshiPay’s CEO Meinhard Benn spoke about the reasons behind the project’s decision to opt for Stellar network and what it has in store for the users.
Bitcoin exchange itBit announced it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its trading and custody services.
This week, two different blockchain projects, Stellar and Factom, have announced their partnerships aiming at modernization of infrastructure in different countries with the opportunities inherent in the blockchain technology. While Factom works with technology consulting company iSoftStone on development of so-called ‘smart city’ strategy for several Chinese towns with the Chinese government as an end […]