Tagged: pos

Canadian Firm Figment Explains how Cosmos based Provenance Blockchain Supports Nascent DeFi Ecosystem

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

Spendwisor, a Mobile Payment App with US, UK, Qatar Offices, Secures $50M from Luxembourg’s GEM Global Yield

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

Persistence Makes Testnet Public, Launches Bug Bounty Program

Persistence, has opened its testnet to the public. It allows anyone to test pSTAKE’s liquid staking services, with test tokens initially available to users in the public alpha. They have also started its bug bounty program, an incentivized program of testing where participants will be… Read More

Viva Wallet Launches “Tap on Phone” Feature on POS Android App

    Viva Wallet, a Greece-based neobank startup, recently announced its new Tap On Phone feature on its new POS app. According to Viva, the feature turns any Android mobile into a card terminal. “With the new payment solution, merchants no longer must wait for their card… Read More

Point-of-Sale Fintech SoftTouch Announces Addition of Touch-Free PayPal & Venmo Payment Acceptance Capabilities

  SoftTouch POS & Payments, a U.S.-based fintech that provides point-of-sale, payment gateway, payment processing and integration solution, announced on Monday it has enhanced its solution to include touch-free PayPal and Venmo payment acceptance capabilities. Founded in 2000, SoftTouch describes itself as a next-generation fintech company providing… Read More

Cardano Foundation Suggests Cardano x Tesla are “Obvious Match,” after Tesla Says it Won’t Take BTC Payments due to Environmental Issues

After Elon Musk’s Tesla announced that it would no longer accept Bitcoin payments due to concerns regarding the excessive consumption of electricity (and fossil fuels) in BTC mining, the Cardano Foundation has come forward to suggest that Cardano (ADA) and Tesla could potentially be an… Read More

Ethereum Proof of Stake May Launch Sooner than We Might Think, According to Blockchain Professional

Proof of stake or PoS based blockchain consensus may be coming to Ethereum (ETH), the leading smart contract platform, “sooner than we think” according to a blog post published by ConsenSys, a leading distributed ledger tech (DLT) development studio based in New York. The post’s… Read More

Blockchain Project Casper’s Mainnet to Launch in Mar 2021, its Token Sale will be first CoinList Sale this Year

In anticipation of its mainnet launch and token sale to be conducted via CoinList during March 2021, Casper has emerged as one of the “most talked-about” projects in the blockchain industry. As mentioned in a blog post by CoinList, when you “dig” into the technology,… Read More

Blockchain Platform Qtum Teams Up with Blockpass to Provide On-Chain KYC Services

Blockchain platforms Qtum and Blockpass have teamed up in order to deliver on-chain (or blockchain-based) Know-Your-Customer (KYC) services. As part of the agreement, Qtum will be providing subsidies to “specific” members looking to achieve regulatory compliance through Blockpass’s On-chain KYC solutions. Adam Vaziri, CEO at… Read More

Banking Challenger Branch Integrates with SuperSalon so that Workers Can Get Instant Digital Payments Instead of Cash when Receiving Tips

Banking challenger Branch, the Fintech firm that partners with employers, has teamed up with ProPoint Solutions salon software SuperSalon, which allows salons to digitally pay their workers. As mentioned in a release shared with Crowdfund Insider: “Branch’s integration with the point of sales software allows… Read More

Bitcoin Point-of-Sale Provider DigitalMint Teams Up With Kerma Tech to Provide Access to Cryptocurrency Across Several States Including Georgia, Tennessee, & Indiana

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a strategic long-term partnership with Kerma Tech, a Southeast ATM operator, to provide consumers access to cryptocurrency across several states, including Georgia, Tennessee, and Indiana.  According to the DigitalMint, the initial launch with Kerma Tech calls… Read More

Dr. Amrit Kumar: President at Zilliqa Explains How Platform’s Scilla Smart Contract Language Is Used to Develop Secure Applications

We recently caught up with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what… Read More

Estonia based Fintech Montonio Secures €500,000 in Capital to Further Develop Point of Sales Financing Platform

Estonia-based Fintech firm Montonio has secured €500,000 in capital through a new pre-seed funding round. Charlie Songhurst from Katana Capital and (previously) Google, and Triin Hertmann (former COO at TransferWise) and Martin Sokk (first head of product at TransferWise) took part in the round. Other… Read More

Digital Asset Investors can Stake Qtum, a Top 50 Cryptocurrency, from Mobile, Hardware, Web Wallets, Offline Staking being Tested

Qtum (QTUM), a top 50 cryptocurrency platform with a market cap of more than $238 million at the time of writing (according to CoinGecko), recently published its Q2 2020 report. The team behind Qtum, which leverages Ethereum’s (ETH) smart contract functionality along with the security… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

Blockchain Infrastructure Developer Bison Trails to Add Support for Eth2, a Major System-wide Upgrade to Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, revealed on July 1, 2020 that it will be adding support for Eth2, a major upcoming system-wide upgrade for the Ethereum (ETH) blockchain. Ethereum Version 2.0 (or Eth2) will involve a gradual transition from its current Proof-of-Work (PoW) consensus… Read More

Pundi X Is Making PayPal Available on Blockchain-Based POS Devices

Singapore-based blockchain developer Pundi X announced on Tuesday its blockchain-based point-of-sale device, the XPOS, is now capable of supporting  PayPal (NASDAQ:PYPL). According to Pundi X, the XPOS has been providing scores of brick-and-mortar stores with an alternative payment method to cash by allowing them to… Read More

Contactless Payments: German Fintech Firms CCV Group, Intertrust, Riscure, Rubean to Create Hardware-Free Mobile Point of Sale System

A group of Fintech firms are planning to create a hardware-free mobile point-of-sale (mPOS) system. The mobile-based payments system will process contactless payments made from Android devices. Germany-based Fintech companies CCV Group, Intertrust, Riscure, and Rubean have reportedly been working on the PhonePOS concept, in… Read More

Contactless Payments: Software Firm Phos Partners with Mastercard to Launch Transaction Processing System for Android Mobile Devices

Phos, a software development firm, has introduced a pilot program with payments giant Mastercard, which involves the launch of a new mobile-based solution that will allow merchants to process contactless payments. The new payment option is available on all Android smartphones without requiring any additional… Read More

Cryptic Labs Announces New Partnership With Fractal Platform: Now Seeking to Solve Some Blockchain Fundamental Limitations

Cryptic Labs, a research accelerator primarily focused on solving fundamental problems in security and economics to advance the viability and growth of the blockchain, announced on Tuesday it has formed a partnership with Fractal Platform to provide what it believes is rigorous economic modeling and bespoke research… Read More

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