All articles tagged Fintech (43)

Open-Source Counterparty Pushes Blockchain Capabilities Beyond Money Transfers

Open-Source Counterparty Pushes Blockchain Capabilities Beyond Money Transfers

In a Nutshell: Blockchain technology has long been associated with financial services, but the open-source Counterparty project is proving that any business can use tokenized economies. Since 2014, Counterparty has allowed users to create and trade their own unique tokens on the Bitcoin network and write in the margins of regular Bitcoin transactions. The program is currently being used by mobile gaming applications, artist co-ops, and security companies to create new, innovative... read more »

LockTrip is Decentralizing Hotel Bookings and Reducing Consumer Costs Through Blockchain Technology

LockTrip is Decentralizing Hotel Bookings and Reducing Consumer Costs Through Blockchain Technology

In a Nutshell: The rise of the internet and pervasiveness of online travel agencies (OTAs) have made it more convenient than ever for consumers to compare prices and book hotels. But consumers often wind up paying higher prices because of commission fees from the OTAs, which are built into booking rates. And hotels are constrained by rate parity agreements, that limit their competitiveness in the marketplace. LockTrip is working to disrupt the industry through its blockchain platform... read more »

CoinSwitch: Shop the Best Rates and Execute Seamless Cryptocurrency Trades Across Major Exchanges Without Establishing Numerous Accounts

CoinSwitch: Shop the Best Rates and Execute Seamless Cryptocurrency Trades Across Major Exchanges Without Establishing Numerous Accounts

In a Nutshell: With more than 200 active cryptocurrency exchanges to choose from, keeping up with multiple accounts, searching rates across numerous platforms, and learning different user interfaces can be challenging. CoinSwitch eliminates these hassles by aggregating crypto rates across numerous exchanges and facilitating purchases and trades. CoinSwitch users can select from more than 500 cryptocurrencies and 45,000-plus exchange pairings without having to juggle crypto exchange... read more »

The Pundi X Payment Ecosystem Enables Real-Time Cryptocurrency Transactions at Global Retailers

The Pundi X Payment Ecosystem Enables Real-Time Cryptocurrency Transactions at Global Retailers

In a Nutshell: Pundi X listened to the global community of retailers and consumers who wanted to use cryptocurrency to conduct in-person retail transactions. The company’s XPASS card connects with its XWallet mobile application and allows users to move any of the four approved crypto coins in and out of the wallet for use at retailers with an XPOS device. Users simply tap the XPASS card or scan the QR Code in the app to complete the transaction in five seconds or less. More than... read more »

Bitwala’s Secure, Fully-Featured Blockchain Bank Account for EEA Traders Focuses on the Present with an Eye Toward the Future

Bitwala’s Secure, Fully-Featured Blockchain Bank Account for EEA Traders Focuses on the Present with an Eye Toward the Future

In a Nutshell: Bitwala offers residents of 31 European Economic Area (EEA) countries access to a fully insured bank account that combines with a Bitcoin wallet and exchange to offer real-time trades. Account holders never have to hand over their private keys to the exchange and can access the proceeds from sales instantly. The Bitwala Mastercard prepaid debit card provides consumers constant access to their funds online or at more than 30 million locations around the globe. For much... read more »

How Listia’s Move to a Blockchain-Based Platform Improves the Buying and Selling Experience Through a Decentralized Marketplace for Used Goods

How Listia’s Move to a Blockchain-Based Platform Improves the Buying and Selling Experience Through a Decentralized Marketplace for Used Goods

In a Nutshell: The Listia platform serves more than 10 million registered users who buy, sell, and trade collectibles and other used items. Initially, it relied on stored-value credits to enable those transactions, but in 2018, Listia converted to a blockchain-based platform offering its own Ink Protocol and XNK cryptocurrency. That conversion not only makes transactions more secure but it also provides users with more control over their transactional history. And Listia is rolling out... read more »

Cashaa Unifies Traditional Financial Services and Cryptocurrency for Businesses in More Than 200 Countries

Cashaa Unifies Traditional Financial Services and Cryptocurrency for Businesses in More Than 200 Countries

In a Nutshell: Despite the emergence of Bitcoin and other cryptocurrencies over the past decade, a user-friendly way for businesses to utilize crypto and fiat currencies in a single account has been lacking. Cashaa is changing that. With accounts and cards aimed at businesses in more than 200 countries, Cashaa instantly converts crypto and fiat currencies, and facilitates withdrawals and payments made in local funds. The result is a secure, compliant financial services platform that... read more »

Ink Protocol and the Replin App Aim to Decentralize P2P Marketplaces through Cross-Platform Seller Profiles and Payments Powered by Blockchain Technology

Ink Protocol and the Replin App Aim to Decentralize P2P Marketplaces through Cross-Platform Seller Profiles and Payments Powered by Blockchain Technology

In a Nutshell: Person-to-person (P2P) marketplaces are popular with consumers who want to buy, sell, and trade used goods online. But buyer and seller transaction histories and reputations don’t transfer from platform to platform. That’s why, in 2017, Listia introduced Ink Protocol, a blockchain-powered reputation storage and payment system. And it built on that technology to create Replin, an app that allows P2P marketplace users to store their data in a decentralized environment... read more »

Winding Tree is Using Blockchain Technology to Disrupt the Travel Industry and Make Inroads to Reduce Consumer Prices on Hotels and Airfares

Winding Tree is Using Blockchain Technology to Disrupt the Travel Industry and Make Inroads to Reduce Consumer Prices on Hotels and Airfares

In a Nutshell: Winding Tree is a nonprofit working to bring innovation to the travel industry through open-source and blockchain technology. The industry is currently dominated by a handful of intermediaries connecting service providers and consumers. We spoke to Winding Tree CEO Maksim Izmaylov about how blockchain can help lower barriers to entry for travel industry newcomers. He also discussed the philosophy behind the company’s nonprofit status and how its LIF token will be used... read more »

Paycent Card and Hybrid Mobile Wallet Allow Users to Convert Crypto to Spendable Cash in Over 200 Countries

Paycent Card and Hybrid Mobile Wallet Allow Users to Convert Crypto to Spendable Cash in Over 200 Countries

In a Nutshell: Exchanges for buying and selling blockchain-based cryptocurrencies are increasingly part of the financial mainstream. But the Paycent platform is bringing the crypto world closer to everyday practicality. Available in more than 200 countries, the Paycent mobile wallet and card allows consumers and merchants to convert and exchange cryptocurrencies to make purchases and withdrawals in local currency at more than 40 million retail terminals and 2.4 million ATMs. ... read more »