Alipay takes on MoneyGram with blockchain-based remittances

Having failed to buy MoneyGram, Ant Financial is looking to pound it into the ground with the launch of a home-grown blockchain-based cross-border remittance service. The first remittance corridor for the new service will run between Hong Kong and the … Read More

Chinese President calls blockchain a ‘breakthrough’ technology

Chinese President Xi Jinping said in a speech this week that blockchain — the technology underlying bitcoin — has “breakthrough” applications. “A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is … Read More

Blockchain in a refugee camp

In a store at a UN refugee samp near the Syrian border, iris scan technology is being used to allocate aid. It allows refugees’ needs in individual camps to be tracked.