• selling neighbors excess energy
    Technology

    Light bulb moment: Neighbors selling neighbors excess energy on blockchain

    BlockCypher and the National Renewable Energy Laboratory have completed a trial program to see if blockchain can change the way households buy electricity

    It’s an idyllic vision for the future: houses across the land generate their own power through solar panels, and make a tidy profit by selling neighbors their excess energy. Then reality kicks in. Executing all of these transactions at scale would be nothing short of nightmarish. Enter blockchain.

  • Provenance blockchain completes loan
    Technology

    Provenance blockchain completes loan sale in seconds, not weeks

    Transaction paves the way for Figure, the firm that owns Provenance, to settle $100 million in real estate transactions for lender Pacific Private Money in the coming year

    Figure Technologies founder and CEO Mike Cagney said that its Provenance network was used to execute a bridge loan transaction between lender Pacific Private Money and asset management firm Saluda Grade in seconds, eliminating the need for intermediaries and reducing the cost, time, and friction involved.

  • Restaurant Toks to track coffee
    Technology

    Mexico’s Restaurant Toks tracking coffee on blockchain

    Simba Chain’s smart-contract-as-a-service platform is helping the casual dining chain track the source and sustainability of the coffee it serves

    Restaurant Toks, a casual dining chain with 208 locations across Mexico, has teamed up with blockchain provider Simba Chain and the University of Notre Dame to create a distributed application to register and track every coffee bean it has "purchased, processed, packaged, and sold."

  • Celo, Bison Trails partnership
    Cryptocurrencies,  Technology

    Celo, Bison Trails partner on straight-to-phone number payments

    Celo is going to be integrated into the Bison Trails platform, helping to secure the stablecoin network as it seeks to boost financial inclusion for the unbanked

    Bison Trails says it believes Celo has the potential to become a global driver of financial inclusion—not least because of how mobile payments are the lifeblood of many developing economies.