Google & Apple Prefer Ripple Blockchain Tech over Visa
Ripple Labs has created a lot of interest in blockchain technology with its Interledger Protocol (ILP), including from Apple and Google, according to the International Business Times. The ILP could be bringing the technology to more widespread use. Ripple serves as co-chair of W3C’s Web Payments Working Group, putting the company in regular contact with technology providers. Stefan Thomas, Ripple’s chief technology officer, said Apple, Google, Mozilla and other players are seeking a better user experience for web payments, considering the issues they face relying on card networks. Tech....
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Visa Inc. is financing a team of engineers at its Bengaluru office to research further uses for the blockchain. Visa is looking to improve its payments processes, and it seems that the blockchain technology may hold the key for the Company’s future. A few months ago, Visa hired a former Google scientist, Min Wang, to lead the research teams from its San Francisco office, and Taneja in a project where they were to work on the blockchain. The company’s decision to start researching the blockchain technology comes right after banks and other financial institutions developed a sudden interest....
Coinbase Card can now be used with Apple Pay and Google Pay, allowing cardholders to pay for goods and services using cryptocurrencies. Customers can also earn up to 4% in crypto rewards back when using their Coinbase Card with Apple Pay or Google Pay. Coinbase Enables Debit Card Use With Google Pay and Apple Pay Cryptocurrency exchange Coinbase announced Tuesday that Coinbase Card users “can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto.” Coinbase further said that “Starting this week, we’ll invite select customers....
Hillary Clinton’s presidential campaign sought Apple and Google’s opinion on its position on encryption. According to the leaked emails by the Clinton camp obtained by Wikileaks, campaign operatives asked Apple and Google for their thoughts on the candidate’s comments regarding encryption. The campaign apparently sought the two tech giants’ blessing in helping Secretary Clinton craft a stance that would have a full cooperation of some of the largest tech companies. The email exchange, where Clinton operative Sara Solow reports on the results of her communications with Apple and Google,....
In a blog post summing up 2015 as a year for payments, Visa Europe deemed ‘Fintech’ as the industry where ‘everyone wants to be’ and made a marked point about blockchain and bitcoin becoming a reality that the ‘industry has to live with.’ A blog post titled “Why 2015 was the year for payments” published as a retrospective for the year went up on Visa’s European website to broadly summarize the Fintech sector with a focus on consumer banking. Citing ‘payment innovation’ as the driving force behind progress, the post noted tech giants such as Apple, Samsung and Google to come up with their....
Coinbase has added additional user-friendly payment options to its platform. Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow.“Today we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7,” said a Coinbase blog post on Thursday. “If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a....