The Marshall Islands, a Pacific island republic nestled between Hawaii and Australia, is launching the world’s first sovereign cryptocurrency that can be used as legal tender. Aptly called Sovereign (SOV), the digital currency was developed in partnership with Israeli startup Neema. The cryptocurrency will be the nation’s second federally...
According to Google: You can now ask your Google Assistant to pay your friends back with Google Pay, so you can spend more time having fun and less time dealing with the hassle of paying each other back. You can easily send or request money from your contacts—for free—using the Assistant on Android and iOS phones in the U.S. In the coming...
Denizen has announced the first true global, borderless account that allows customers to receive money in one country and pay it out without excess fees or delays. Co-founded by Joaquin Ayuso, the former co-founder and CTO of Tuenti (known as “the Spanish Facebook”), Denizen’s initial funding round was provided by BBVA’s New Digital Businesses...
Robots are now assisting customers at Pizza Hut locations in Singapore, alongside other staff members currently working at the outlet. To place an order, customers first have to greet the robot and pair their Mastercard Masterpass account embedded in the Pizza Hut Singapore mobile app. They can then verbally tell the robot their orders and show...
TRUTH media agency created what may be the first successful deployment of an advertising campaign using blockchain smart contract technology. The blockchain technology enables advertisers to know exactly what elements of their campaign ran and when, with 100% transparency across the media supply chain. The campaign was for an undisclosed major...
Cryptocurrencies like Bitcoin (BTC) are now a regular feature in mainstream news. It’s no surprise we are beginning to see retailers find more innovative ways to accept different forms of currency, such as at this airport in Australia. Now though, BTC owners could be able to pay at any location that accepts contactless payments with Flip....
The Bank of Lithuania plans to issue the world’s first digital collector coin to mark this year’s centenary of the Baltic state’s independence from the Soviet Union. To design and develop the underlying blockchain technology, the Bank of Lithuania will be organizing a “hackathon,” bringing together tech companies and IT professionals from...
When startups are looking to launch physical products to markets there are a variety of routes to take, none of which guarantees success. Germany-based KaDeTe is aiming to give these startups an opportunity to showcase their products in a brick-and-mortar space. KaDeTe (or Kaufhaus de Testen, which roughly translates to ‘testing department...
Flippy, the world’s first autonomous robotic kitchen assistant is working alongside kitchen staff at Los Angeles' CaliBurger by flipping burger patties and removing them from the grill when cooked to order. Aiming to augment commercial kitchen operations with advanced technology, Miso Robotics developed Miso AI, a cloud-connected learning...
The nation's top lawyers recently battled artificial intelligence in a competition to interpret contracts — and they lost. A new study, conducted by legal AI platform LawGeex in consultation with law professors from Stanford University, Duke University School of Law, and University of Southern California, pitted twenty experienced lawyers...