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IBM joins Stronghold in launching an FDIC-backed stable digital token

Published Date: 2018-07-18         Author: Pankaj Singh

Stronghold, a cryptocurrency startup, made an announcement on Tuesday introducing USD Anchor, a stablecoin which will run on Stellar’s blockchain platform and apply its consensus mechanism to validate transactions. USD Anchor will be backed one-for-one with U.S. dollars and held by Nevada-base... Read More

Booking Holdings pours in $500 million in China’s Didi Chuxing

Published Date: 2018-07-18         Author: Pankaj Singh

China’s largest ride-hailing company, Didi Chuxing has added some strategic capital to its business after Booking Holdings, a travel industry magnate, made a $500 million investment in the company. According to the deal, Booking Holdings which was previously known as Priceline will work closel... Read More

SLA launches Southeast Asia’s first geospatial industry center

Published Date: 2018-07-17         Author: Shikha Sinha

The Singapore Land Authority (SLA) has recently announced the launch of GeoWorks. Reportedly, this is the first Southeast Asian geospatial industry center in Singapore. For the uninitiated, geospatial technology, a technology that deals with location-based data is incorporated inside various food... Read More

Alibaba-Trendyol deal to augment Turkey e-commerce industry

Published Date: 2018-07-17         Author: Shikha Sinha

Alibaba, China’s online retail giant has reportedly conducted the largest internet transaction in the history of Turkey to date. Through this deal with Trendyol, a leading mobile commerce company in Turkey and the MENA region, Alibaba plans to expand its presence in Turkey, say sources. As ... Read More

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