Citi Group Touts its platform for Real-Time Cross Border Payments

Citi Group Touts its platform for Real-Time Cross Border Payments

Citi Group Bank made an announcement via Business Wire that as previously reported in October of 2018, Citi it has launched a new cross-border platform, using RTP (real-time payments) to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities.

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Stellar Lumens Randomly Burns 55 Billion Tokens Proving it's Manipulative and Decentralized Nature

Stellar Lumens Randomly Burns 55 Billion Tokens Proving its Manipulative and Decentralized Nature

The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens According to a Medium post on Nov. 4, the development foundation drastically reduced the number of tokens in existence as part of an effort to become more efficient, and due to a lack of actual usage and/or purchase of the stellar lumens token, as it moves forward.

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BMW, General Motors, Honda, Ford and Renault to Start Testing Blockchain Payments

BMW, General Motors, Honda, Ford and Renault to Start Testing Blockchain Payments

BMW, General Motors, Honda, Ford and Renault are working with the Mobility Open Blockchain Initiative (MOBI) on integrating the system to automatically make payments on typical commuting runs without the need for cash or credit and debit cards.

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