LeFinance Teams With Stellar To Provide Cloud-Based Blockchain Content
LeFinance, a division of LeEco, a Chinese content provider, has teamed with the altcoin Stellar for cross-border payments and monitoring credits, according to a company blog. Stellar, a payment protocol and currency, aims to bridge the gap between cryptocurrencies and fiat by allowing instant exchanges between currencies. Jed McCaleb, the founder of Mt. Gox, Ripple and e-Donkey, co-founded Stellar in 2014 and serves as its chief technical officer. Stellar is a part of the “LeFinance Blockchain Lab” strategy, launched in March 2016 to deploy distributed technology across LeEco divisions.....
Related News
Ziddu.com, a cloud-based content distribution platform operated by Singapore-based Meridian Pte. Ltd., has provided a bitcoin wallet to its users. Users can now buy vouchers for gift cards, mobile recharge or games (such as XBOX and Play Station) with bitcoins. Ziddu provides free cloud storage, content distribution and micro payment services. It offers free cloud storage for documents, photos, videos, audios and more. The site serves more than 100 million unique users per and generates 5 billion impressions month across 225 countries. How users can earn points. Users can earn points by....
The Stellar Foundation has released details about the new consensus protocol it hopes to deploy on the Stellar network as early as this summer. Founded on a concept called federated Byzantine agreement, the Stellar Consensus Protocol is intended to replace Stellar's existing consensus protocol, itself is based on the system used by competitor Ripple Labs. The Stellar team said in December that it was working to replace its existing protocol following network issues last September. The Stellar Foundation, the organization that oversees the development of the Stellar network, published the....
ICICI Bank and three other financial services platforms have partnered with Stellar cryptocurrency platform to enable blockchain based fund transfer. The Indian fintech sector has lately been in the news a lot. In yet another milestone achievement, one of the leading banking institution — ICICI has partnered with Stellar blockchain platform. In the latest release, Stellar has announced partnerships with not one but four different entities across the world. In addition to ICICI Bank, other platforms include Coins.ph — a Philippines-based mobile financial services provider; Flutterwave — a....
Onchain, an open-source blockchain based in Shanghai, will provide technology for Alibaba’s first blockchain supported email evidence repository. Onchain allows fast re-constructions for public, permissioned (consortium) or private blockchains and will eventually enable interoperability among these modes. Its consortium chain product, the Law Chain, will provide technology for Ali Cloud, Alibaba’s computing branch. Ali Cloud has integrated Onchain’s Antshares blockchain technology to provide an enterprise-grade email repository. Onchain provides the bottom-layer framework for Ali Cloud,....
Stellar Protocol's Stellar Build Challenge encourages developers to build applications using the platform and win attractive Lumen rewards. As the Stellar ecosystem continues to grow, creators of the blockchain based financial platform have decided to further strengthen the codes by leveraging the power of the crowd. The Stellar Protocol has announced the launch of its Stellar Build Challenge where they encourage the developer community to build new products on the platform. According to Stellar’s recent release, the Stellar Build Challenge will be divided into four categories – Anchors,....