How Blockchain Could Solve the Cannabis Industry’s Problems With Banking and Credit Card Processing

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Search TagX on Google View all posts tagged as Tagx Find TagX related info in WikiPedia Blockchain could make compliant banking and credit card processing possible for the cannabis industry. Image credit: Andriy Onufriyenko | Getty Images Opinions expressed by Entrepreneur contributors are their own. There are three primary reasons the cannabis industry has so much trouble obtaining routine banking and credit card processing but it is all really the same reason — fear. Card associations, banks and regulatory agencies worry they can not prevent what they fear most. The…

Pay For Your Purchases With Gold In The Golden Age Of Consumerism

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DigixGlobal to offer physical gold-backed digital equivalents as a means of cashless Point-Of-Sale payment option DigixGlobal and Pundi X partnership aims to unlock the fungibility of traditionally illiquid assets, and explore new means of promoting financial inclusion Digix is the world’s first smart asset company harnessing blockchain technology to account for the provenance, verification, and storage movement of physical gold bars to its retail investors. Investors are issued with an equivalent digital proof, called DGX. Each digital equivalent of DGX is registered to a physical unit of gold in Digix’s…

Central Bank of the Bahamas Selects Blockchain Startup NZIA for Digital Currency Project

Blockchain Startup NZIA


The article Central Bank of the Bahamas Selects Block Chain Startup NZIA for Digital Currency Project appeared first on Coinjournal.

Even the Central Bank of the Bahamas has selected NZIA Limited whilst the technology services provider because of its Job Sand Dollar, a project aimed at creating a bank currency that was digital. NZIA is going to be accountable for designing and designing the electronic fiat money platform to the Bahamas, ” the central bank said on March 1, 2019. […]

High School Team Places Third in Barclays Blockchain Challenge Event

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  If understanding how distributed ledger tech works inside banks is complex, finding ways to make different varieties of enterprise blockchains talk to each other is a doozy of a challenge. And yet, that’s exactly what a team of high school students – soon to sit their A-Level exams in computer science – has done. The team, from Bedford School in the U.K., won third place in a blockchain interoperability hackathon hosted by London-based blockchain startup Clearmatics at the Barclays Rise fintech hub in London. The challenge set by Clearmatics, which…

Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)

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  Microsoft is moving to turn blockchain-based decentralized identity from a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many technologists in the blockchain space and adjacent industries. One such product is an encrypted personal data store, or “identity hub,” which is a combination of user’s personal devices and cloud storage that Microsoft would offer through Azure, its cloud computing…