Cryptocurrency 

Tangem Crypto Wallet | Japan’s SBI Group Invests $15 Million

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, tokenized asset offerings, and digital identity. Tangem Crypto Wallet Described by the company as a “smart banknote for digital assets,” Tangem’s cryptocurrency wallet mimics a bank card in that it allows a user to make off-chain physical transactions.…

Read More
SBI-Holdings-min-e1537908662567.jpg Cryptocurrency 

Japan’s SBI Holdings | Creating “S coin” for Retail Purchases

Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning. SBI Holdings’ “S Coin” The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and settle payments of products on their smartphones. The translated release reads: “In this demonstration experiment, for SBI group employees, we will construct a mechanism that allows cashless settlement at ‘eating…

Read More