SAP Collaborates in The First Blockchain Payment Between Canada and Germany
Instead of taking between two and six business days, the transfers was completed in 20 seconds. This is quite a significant gain in transaction time, and one of the clear examples of how powerful the blockchain is. Blockchain technology is finally transitioning from experiment to usability concept in the financial world. SAP, one of the largest networks in the industry, partnered with ATB Financial, Ripple Labs, and ReiseBank AG to send an international blockchain payment. Transferring funds from Canada to Germany was a breeze, and the cost was minimal compared to traditional means.....
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A collaboration between Canadian financial institution ATB Financial, German software multinational SAP, blockchain startup Ripple Labs and Geman bank ReiseBank AG has demonstrated the potential of blockchain technology, wherein an international payment took 20 seconds as opposed to several working days. German multinational software firm SAP has announced the results of an international cross-border payment using a SAP-developed cloud platform and payment engine while transacting on the Ripple blockchain network. A payment of CAD $1,000 was transferred successfully from Canadian financial....
Canada has been relatively quiet for most of Bitcoin's history. The United States has been onboard the Bitcoin train almost from day one, with over half the core development team from the country, and in 2011 and 2012 Europe too started to pick up steam. We saw Bitcoin Central become the first exchange to secure an agreement with a licensed payment services provider in France, bitcoin.de announcing a very similar deal in Germany, conferences in London and Amsterdam, and Bitcoin interest is even growing in China. Meanwhile, Canada only had its first Bitcoin meetup groups outside of a small....
The bitcoin price is flat. Did you expect a major move after bitfinex came back online? Tired of over-trading, having your eyes bleed while staring at charts that don’t move? Take a break and bet the Olympics. Bitcoin Betting Picks for the Olympics. Women’s Soccer. The Women’s soccer quarterfinals are on Friday. The favorites to win USA had a hard time against Colombia and ended up with a 2-2 draw. They still finished at the top of their group, having beat France 1-0. The USA faces Sweden, who has not looked that great, with one victory 1-0 over South Africa and only two goals scored in....
In a post published Tuesday on the Bitcoin Foundation blog, Affiliates Director at the Foundation Mark Woods today welcomed the Foundation's newest affiliates from Germany and The Netherlands. The first is Bundesverband Bitcoin (Germany) and Stichting Bitcoin Nederland (quite obviously, The Netherlands). "Home to some of the most active bitcoin communities, both Germany and the Netherlands have entire streets of local businesses that prefer to accept bitcoin. The town of Kreuzberg in Berlin made headlines in 2013 and a street in the Hague in the Netherlands has been dubbed 'Bitcoin....
This feeling is echoed by the BearingPoint study respondents. Nearly one in two participants strongly feels the development of cryptocurrency is heading in the right direction. Bitcoin offers a tremendous potential in every country in the world. Even developed countries, such as Germany, can gain a lot from embracing cryptocurrency at an early stage. A new study by BearingPoint indicates Bitcoin adoption, as well as other virtual payment methods, are on the rise in the country. This is not entirely surprising, as consumers see the benefits of financial freedom quite clearly. One of the....