Tag: banking
South Korea’s Biggest Credit Card Patents Blockchain Payments System
News
South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system, English-language local media The Korea Times reports on July 15.
Per the report, with the newly patented technology the company has established a blockchain-powered credit transacti..
Bank to Basics: USC Project Seeks to Disrupt Traditional Wholesale Banking
Follow up
On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality International and the completion of a 50 million Brit..
