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Monthly Archives: May 2018

Cathay Pacific Launches Blockchain Rewards Program for Flyers

Hong Kong flag carrier and airline giant Cathay Pacific joins a growing list of airline operators exploring applications of blockchain technology. In launching its first application of blockchain technology, the Cathay Pacific Group will issue air miles to customers over a single distributed ledger that will enable customers, the airlines’ partners …

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Ripple Launches Venture Capital Fund ‘Xpring’ to Bootstrap XRP Adoption

San Francisco-based Ripple, the creators of XRP cryptocurrency has announced a new project called “Xpring” (pronounced “spring”) to provide financial backing to companies that develop products and services for XRP, the third-largest cryptocurrency with a market cap of more than $29 billion today. Currently, Ripple is being tested out, or …

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Venezuela’s Oil-Backed Crypto Petro Grows Thanks to a Little-Known Russian Bank

Venezuela’s oil-backed cryptocurrency, the Petro (PTR), has been surviving thanks to a little-known Russian bank, Evrofinance Mosnarbank, which has recently emerged as the only international financial institution willing to defy the US’ sanctions against the South American nation. According to an Associated Press report, early would-be Petro investors who registered …

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Hulu Cautiously Optimistic about Blockchain Solutions to Advertising Challenges

Video streaming service Hulu is cautiously optimistic about the potential of blockchain technology to solve problems faced by the advertising industry, particularly in the areas of data privacy and brand trust. Adam Moser, head of ad tech and platform operations at Hulu, told PCMag that the company — which, unlike …

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