Leading communications companies want to optimize roaming costs using the blockchain technology

The three telecommunications companies Telefonica, Deutsche Telekom and Vodafone are working on a block chain solution to simplify the billing of roaming costs. The system should make it possible to generate roaming billing results within a few minutes. As part of the project, Spain’s Telefonica, as well as Deutsche Telekom, already contributed $13 million to […]

Cryptoeconomics challenges the banking sector

The five current technological megatrends in the banking sector include blockchain technology and the resulting cryptoeconomy. After initial hesitation about blockchain, most leading financial institutions now recognize the opportunities it offers. Last winter, the Institute for Financial Services IFZ presented the Banking Trend-Map 2019. In a professional article based on this, a focus on the […]

Israeli start-up wants to enable cancellation of crypto-transactions

The unchangeability of the block chain ensures transaction security. An Israeli start-up wants to use “revocable transfers” to offer the senders of crypto-currencies the possibility of cancelling transactions that have been carried out incorrectly. According to Kirobo CEO Asaf Naim, the aim of the innovation is to make blockchain transactions as simple and secure as […]

Travala and Expedia enable crypto payments for travel

The US-American online travel agency behind the expedia.com website will in future enable the payment of the more than 700,000 accommodations using crypto-currencies. A partnership with Travala.com has also been agreed. The company, which was founded in 1995 and has its headquarters in Washington, employs around 20,000 people. In the first quarter of 2020, Expedia […]

Reverse convertible on Bitcoin wins Swiss Derivative Award

Payoff, the investor portal focusing on structured products, again presented the Swiss Derivative Awards this year. The most innovative products in various categories were honoured. A Bitcoin Reverse Convertible was chosen as the best product on alternative underlyings. For the fifteenth time, the Swiss Derivative Awards 2020 honoured the best structured products and their issuers. […]