PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
PayPal has enabled the ability for customers on Venmo to buy and sell cryptocurrencies within the app.
PayPal announced it will allow consumers to make online payments with cryptocurrencies through its Checkout with Crypto offering.
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
Techpertise together with TMW Systems …We’ve known for years that public blockchains needed a second layer for throughput and privacy, but only now are solutions for the largest networks being built out and tested.
Techpertise together with TMW Systems …We explore blockchain’s scalability challenges and some recent techniques that attempt to solve the problem, along with the tradeoffs involved.
The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?
Blockchain technology has the potential to massively improve processes within the freight industry. LoadBlock, an Arizona-based start-up, is capitalizing on this shift in technology by developing blockchain-integrated systems.
Industry-wide ELD adoption is forging a yellow brick road for blockchain and other technological marvels.
“It’s fairly mind-blowing what’s happening in the industry right now,” says Chris Polk, An American Trucker podcaster.
The push-pull of technological innovations in transport and communications is nothing new. It’s all a matter of how the technology is adapted and brought into the current marketplace’s way of doing business.
With its ICO in mid-January, Shipchain is poised to present the transportation industry with a new way of doing business.
Just as people are getting used to the concept of blockchain and Bitcoin, now we have something called initial coin offerings (ICOs), which use cryptocurrencies to raise money. Sometimes called token sales or TGEs, they are becoming a popular way for companies, especially startups, to raise funds.
As blockchain transactions begin to take hold in the general economy and the supply chain in particular, there is a growing question of how to speed financial transactions. According to Coin Telegraph, the answer may be tokens.
It seems as though all new platforms these days feature two common denominators – create transparency and streamline processes. Many of them are now being developed with blockchain.
There is a new option that companies are flocking to quickly raise capital: an ICO – initial coin offering. But there are inherent risks in doing so, and they may be too great to overcome for transportation firms.
