Written by Joseph Argiro

ICO Alert
June 1 2018

ICO Alert Crypto Minute: June 1, 2018

ICO Alert Crypto Minute: June 1, 2018

American Express launches a blockchain, South Korea warms to ICOs, Bitcoin company “Blockchain” hits 25 million crypto wallets, top gainers, big losers and more!

American Express Launches Rewards Blockchain

According to americanbanker, Amex has built a distributed ledger that merchants can use to tie card rewards to products they want to move off the shelf. The blockchain lets merchants for the first time offer Amex rewards on their own channels, such as websites and apps, rather than through the card company’s channels. American Express used Hyperledger Fabric, the open-source distributed ledger technology that was originally based on software contributed by IBM and Digital Asset, to build its system.

South Korea Wants to Restore Domestic ICO Industry

According to themerkle, the National Assembly will introduce a legislative ecosystem which will allow ICOs to thrive. The National Assembly of Korea has very good reason to change its approach. Various South Korean enterprises have moved their businesses to other countries where initial coin offerings are allowed to take place.

Bitcoin Company Blockchain Hits 25 Million Crypto Wallets

It can be confusing for cryptocurrency newbies to learn that one of the oldest bitcoin companies, launched in 2011, is named Blockchain. Nevertheless, Blockchain, the company, which is the world’s №1 provider of free wallet software for storing cryptocurrency, hit a significant milestone this week: 25 million customer wallets. However, Blockchain’s wallet count is not the same metric as individual users, since some users have multiple wallets. But 25 million global wallets still speak to the company’s staying power as the leading wallet provider.



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Topics: Blockchain, American Express, South Korea, News, Crypto Minute