Japanese tech giant SoftBank is developing a blockchain-powered cross-carrier mobile payments service, the company reported in an official press release published September 12. SoftBank’s new proof-of-concept (PoC) development was announced in partnership with telecoms-focused blockchain firm TBCASoft and Synchronoss Technologies, provider of cloud, messaging, digital, and Internet of Things (IoT) services and platforms. The upcoming mobile payment service will be based on the Rich Communication Services (RCS) global messaging standard and TBCASoft’s cross-carrier blockchain platform. The service will will enable users to conduct peer-to-peer money transfers globally, as well as to carry out internal purchases directly from their device via …

The automotive industry is regarded as one of the more cutting edge sectors that often leads the way for new technologies such as artificial intelligence and autonomous systems. Blockchain is being seen as one such technology, and it is unsurprising that the industry is immersing itself in this new space. Car manufacturers have been quietly picking up on the blockchain phenomenon, trying to figure out different ways in which they can utilize the immutable ledger to their different needs. For example, on June 11, IOTA and Volkswagen demonstrated a proof-of-concept that uses IOTA’s Tangle system for autonomous cars. This is …

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com. British company Juniper Research recently published a study which suggests that the use of blockchain technology by multinational companies is just a matter of time. Analysts report that nearly 6 out of 10 corporations are considering application of this technology or already in the process of developing corporate blockchain services: Two-thirds (66 percent) expected blockchain to be integrated into their systems by the end of 2018. Only 15 percent of respondents know about the technology by hearsay, while 75 percent are confident that …

For all the advantages we attribute to Bitcoin, there is, at least one thing it still can't do. It can't be used in a strip club to make women pretend to like you. Sure, you could technically print out bitcoin onto paper wallets and “make it rain” that way, but I don't think that is going to have the desired effect. Clover won't exactly do that, but it is a step in that direction. Clover takes the strip club out of the on-demand home erotic live entertainment industry in the same way Uber took cab companies out of the public …