BlockchainGari Lockwood

PayPal Makes its First Blockchain Investment Focusing on Digital Identity
Blockchain
PayPal Makes its First Blockchain Investment Focusing on Digital Identity
Payments giant PayPal have made their first ever investment into a blockchain company. They have invested in Cambridge Blockchain– a company that helps financial institutions and other companies manage sensitive data such as personal ID on shared ledgers. PayPal’s funding was part of an extension to series A funding. The Series A round of funding has brought in a total of $10.5 million for the start-up. The funding came from…
Blockchain Hasn’t Taken Off (yet), and We Know Why
Blockchain
Deloitte: Blockchain Hasn’t Taken Off (yet), and We Know Why
Blockchain technology is celebrating ten years and in spite of the current turmoil, it still stands that it has the potential to become the most disruptive technology since the internet, transforming the way governments and businesses operate and interconnect. But are we close to the tipping point of mass adoption? Why is it this technology has not yet completely transformed our world, considering the numerous initiatives that are under way?…
Around 3 Million Individuals Private Details Exposed in FEMA Data Breach, Could Have Been Prevented With Blockchain
Blockchain
Around 3 Million Individuals Private Details Exposed in FEMA Data Breach, Could Have Been Prevented With Blockchain
The United States Federal Emergency Management Agency (FEMA) has recently been afflicted by a disastrous data breach. More specifically, the private data of close to three million disaster victims are said to have been shared with an undisclosed contractor. Who is affected by the data breach? It was recently revealed that FEMA has accidentally exposed the information of nearly three mullion disaster victims’ social security numbers, banking information and home…
JPMorgan - Blockchain’s Future Role in Payments and Money Transfers
Blockchain
JPMorgan – Blockchain’s Future Role in Payments and Money Transfers
Blockchain’s role in the cost cutting of money transfers and payments was the topic of a recent interview with Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan. The interview on CNBC’s Squawk Box didn’t focus on one cryptocurrency. Instead, it was a discussion of blockchain as a technology. Blockchain Powered Payments When asked when Ron thought crypto would be widely used as a payment method, especially on the internet, he…