Spanish Bank BBVA Uses Blockchain Technlogy To Perform Corporate Loan Deal

Announcements, Blockchain | April 26, 2018 By:

Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) has successfully completed a global corporate loan transaction using blockchain technology.

BBVA reported that it has closed a €75 million ($91M USD) corporate loan deal with technology partner Indra. The pilot transaction was conducted on a mutually distributed ledger that informed both the bank and the borrower of the loan’s progress.

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Crypto Exchange Coinbase Acquires Ethereum Startup Cipher Browser

Announcements, Mergers | April 16, 2018 By:

Cryptocurrency exchange Coinbase has acquired Cipher Browser to boost its decentralized mobile browser and ethereum wallet. Terms of the deal weren’t disclosed.

Cipher Browser is a mobile Web 3 decentralized applications (DApp) browser and wallet for the ethereum blockchain. It allows users to interact with Web 3 DApps powered by ethereum on their mobile device,

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Ethereum Founder And OmiseGO Donate $1M USD In Crypto To Charity For Refugees

Announcements, News | March 30, 2018 By:

East Africa-based charity GiveDirectly has revealed that it has received a $1 million donation in OMG tokens from decentralized payment network OmiseGo and Ethereum founder Vitalik Buterin, who also serves as an advisor for OmiseGO.

Founded in 2009, GiveDirectly is a nonprofit organization operating in East Africa that helps families living in extreme poverty by making unconditional cash transfers.

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