IBM, China UnionPay Develop Blockchain Loyalty Points Exchange
International Business Machines is working with a Chinese credit card company to to create a #blockchain-based system for trading #loyalty #points.
International Business Machines is working with a Chinese credit card company to to create a #blockchain-based system for trading #loyalty #points.
Add another Asia-based #bank to R3’s growing roster.
CoinDesk
It would seem that numbers are making Shanghai the new world capital of #fintech. One number is 1.3 billion, which is the population of #China. Another number is $ 2.4 billion, which is the amount of funding that poured into China’s fintech sector in the first quarter. But a closer look reveals some cracks in the facade.Read More
Bank Innovation
#Blockchain-based social payments app #Circle has raised $ 60m in new funding as it expands to #China.
fintech techcrunch
When Chinese financial giant #Ping An joined R3CEV last week the #blockchain #consortium added a #gateway to the second largest economy in the world.
fintech techcrunch
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