Blockchain Startup SpaceChain Sends Wallet Tech to International Space Station

Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS). As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology to the ISS, according to a Dec. 6 press release. The move purportedly marks the first tech demonstration of blockchain hardware on the ISS and the third blockchain payload by SpaceChain over the past two years. Acceleration of space-as-a-service adoption The technology will then be installed on the commercial platform on Station provided by…

South Korean Startup Claims to Have Solved Blockchain’s Speed Problem

The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up transactions on the blockchain. On Dec. 3, United Press International reported that Bloom Technology’s CEO, Lee Sang-yoon, said that the company’s Locus Chain technology has been able to reduce blockchain transaction processing times to fractions of a second.  One single blockchain transaction takes less than 0.23 seconds The company reportedly conducted a public test with 635 participating nodes to reveal the transaction speed of the Locus Chain technology. The results…

Binance to Launch Crypto Travel Rewards Card with Startup TravelByBit

Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites. Per the announcement, the card will function like a traditional prepaid card with access to additional discounts and rewards that users will be able to load with Bitcoin (BTC), Binance USD (BUSD), Binance Coin (BNB) and Ontology (ONT). The card will be released early next year and will initially target travelers in the Association of Southeast Asian…

Former US Gov’t Official, Capital One Exec Joins Payments Startup C Labs

Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy. On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a mobile phone. Ramaswamy’s credentials Also a former managing vice president at major credit card company Capital One, Ramaswamy will reportedly oversee the company’s strategy on global regulations, risk and compliance. Ramaswamy said that he is interested in helping C Labs…

Why Not Pay Sources for Stories? — Asks Blockchain Media Startup

Tel Aviv-based media outlet BLOCKTV announced details of a tokenized rewards system to incentivize sources to share exclusive news tips. This comes after BLOCKTV revealed that its native token, BLTV, would be listed on the Bittrex Global exchange on Nov. 21. BLOCKTV CEO Aviram Elad told Cointelegraph: “We see the BLTV token as a solution to fix a broken business model in the media industry. The token aims to empower an upcoming token economy that combines content creators, advertisers, and consumers.” BLTV is an ERC20 token that will be offered…