6 Years Ago

Is Blockchain technology to disrupt jets and auto industry?
 
Jet Token is “a blockchain-based booking platform for the 4,000 jets available for use if you don’t actually own it”, says Mike Winston, the CEO of Jet Token. He estimates about 85 percent of chartered flights take place on airplanes like this, and his company will ‘accept any kind of crypto’ as payment to make it happen. “With 24 hours’ notice, we can have a plane ready for your desired flight, within its defined geographic area. Using a blockchain-based booking system makes the process more transparent and available to more people”, continues Winston.
 
 
 
Jet Token...


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Swiss payments go digital and in doing so, lay the foundations to potentially help the unbanked
 
Worldline, a huge Swiss-based global payments business with over 11,000 employees in 30+countries, has just made two announcements. It has now entered into an agreement with WeChat, a subsidiary of the hugely successful Tencent in China, meaning that WeChat’s 800 million customers can now use WeChat to pay for goods and services using their mobile phone (just as they do in China). According to data from Nielsen, over 91% of Chinese tourists overseas use their mobile phone to pay for items. Therefore it is hoped...


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The Chancellor of the High Court, since 2016, said Sir Geoffrey Vos “I believe that this morning is a watershed for English law and the UK’s jurisdictions.  Our statement on the legal status of cryptoassets and smart contracts is something that no other jurisdiction has attempted.
“The objective, of course, is to provide much needed market confidence and a degree of legal certainty as regards English common law in an area that is critical to the successful development and use of cryptoassets and smart contracts in the global financial services industry and beyond.”
 
Sir Geoffrey’s speech can be read can be read...


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Joined 7th February 2019