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Russia’s Sberbank Has Launched a Blockchain Lab

Sberbank, one of the largest banks in Russia, has announced a blockchain laboratory to develop and test blockchain-based solutions. The new lab aims to generate product prototypes, perform pilot tests and deploy blockchain-based business solutions for Sberbank Group, a press release says. According to Igor Bulantsev, Sberbank’s senior vice president, blockchain can help in “reshaping” the financial […]

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MoneyGram Makes a Move into Crypto

MoneyGram is partnering with Ripple to get into the crypto game. The money transfer company says the tie-up could help send funds more cheaply and quickly. And one journalist believes the third-largest cryptocurrency offers a benefit over the alternatives. “Ripple doesn’t have miners,” Fortune writer Jeff John Roberts told Cheddar. “You’re not relying on someone […]

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Dubai: The World’s First Blockchain Government

Over the last half century, Dubai has transformed itself from a small desert city to a sprawling metropolis of 2.7 million people. The government has truly leapfrogged on the back of technology. Indeed, Dubai has caught tech fever in a serious way. Earlier this year, the city announced that it will be flying automated taxis, and […]