Jed McCaleb Archives - BlockTribune

Blockchain Startup Chain Acquired By Lightyear To Create Re-Branded Company Interstellar

Blockchain startup Chain has been acquired by Lightyear Corporation, a for-profit entity created by blockchain firm Stellar, for an undisclosed sum.

Founded in 2014, Chain builds enterprise-grade blockchain products leveraged by major financial organizations including Visa, Nasdaq, and Citigroup.

IBM Develops Blockchain Network for Cross-Border Payments

Announcements, Blockchain, FinTech | October 16, 2017 By: David Pimentel

IBM, financial services company KlickEx Group and blockchain nonprofit organization Stellar.org are collaborating on a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments.

The blockchain solution is designed to improve efficiency and reduce the cost of making global payments for business and consumers.