Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Tre...
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Allied Payment Network (Allied), a digital payment service provider for financial institutions, announced Tuesday it has partnered with New York Digital Investment Group (NYDIG), a bitcoin technology and financial services firm. NYDIG....
Related News
One latest news making rounds in the crypto space is the new partnership between the digital payment platform-Allied Payment Network, and the Bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager called NYDIG. Related Reading | GBTC Unlocks Spells Doom For Bitcoin? Top Expert Breaks It Down The latest developments come with the […]
Bitfury's Allied Control, a company that uses two-phase immersion thermal management for high-performance computing and data centers, received the Green Innovations Award for its potential in saving electricity and "billions of gallons of water" in the future. Allied Control was recognized by the head of the Hong Kong government for its energy-efficient two-phase immersion cooling system, which submerges electronic components in dielectric heat transfer liquids (better heat conductors than air, water or oil). The liquids vaporized from the chips are condensed and reused. According to a....
With mobile payments being the next big thing in the world of finance, many eyes are on new services such as Samsung Pay and Apple Pay. Even though both payment methods make it easier to spend funds with a mobile device, they are far from solving inherent problems with the financial industry. American Express corporate card customers can now start using Apple Pay as well. Paying for goods and service on-the-go, rather than dealing with cash or handing over a credit card to a cashier, sounds like a perfect payment method. On paper, that is, as popular payment systems such as Apple Pay have....
New startup ShoCard is building a digital identity system that encrypts and embeds sensitive information onto the bitcoin blockchain, removing the risk of a third party losing that data. The company is still in its early stages, but founders say they’re already in talks with financial institutions to start implementing ShoCard as verification for online purchases. ShoCard was presented this week at the TechCrunch Disrupt conference in New York, where co-founders Armin Ebrahimi and Jeff Weitzman explained the concept to an audience of technologists and potential investors.
Allied Control is a Hong Kong-based technology company that specializes in building immersion cooling systems for supercomputing and data center applications. Allied Control has won the prestigious Green Innovations Award; the head of Hong Kong government even recognized the company for innovation in finding environmentally friendly industry solutions. BitFury, a leading Bitcoin infrastructure provider and Blockchain transaction processing company, recently acquired Allied Control with the intention of using the company’s immersion cooling technologies to help it reduce its energy....