American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser.Confirming the evidence found on the PayPal app, Jose Fernandez da Ponte, PayPal’s SVP of crypto and digital currencies, told … [Read more...] about PayPal reportedly confirms plans to explore the launch of a stablecoin
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AccuWeather Taps Chainlink to Explore Crop Insurance and More
Blockchain oracle services firm Chainlink has added U.S. meteorology forecasting provider AccuWeather to further bolster its suite of real-world data feeds.Back in August of this year, Chainlink, which allows data providers to port data into the digital agreements that run on top of blockchains, announced it was incorporating weather data courtesy of Google … [Read more...] about AccuWeather Taps Chainlink to Explore Crop Insurance and More
Patreon to explore expansion into crypto realm
Patreon executives again teased their company's expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with chief product officer Julian Gutman, saying:“I really love the idea of creators owning their media and owning their content. [...] I love the idea of shifting power away from institutions and toward … [Read more...] about Patreon to explore expansion into crypto realm
Chinese banks explore e-yuan for selling investment funds and insurance
Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online.The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction Bank (CCB) are working with fund managers and insurers … [Read more...] about Chinese banks explore e-yuan for selling investment funds and insurance
Socios partners with Turkish soccer club union to explore digital revenue models
The soccer world continues to seek out new revenue models amid the coronavirus pandemic, which saw the suspension of league matches in some countries, and new partnerships form to find sustainable answers in the digital space.Representing soccer clubs playing in the Süper Lig, Turkey’s primary soccer league, the Turkish Union of Clubs has partnered with fan engagement platform … [Read more...] about Socios partners with Turkish soccer club union to explore digital revenue models