7-Eleven’s 7Pay Mobile Payments app Gets Hacked Within Days After its Launch

TheMerkle_HackedWhenever a new payment service is launched in any part of the world, there is some initial excitement. In most cases, such launches go off without a hitch. That was not the case for 7-Eleven’s new mobile payment service known as 7Pay. In Japan, hundreds of people have had money stolen through this service in the first few days after its launch. Not a good sign for the company, and another clear warning as to how new payment methods should be scrutinized rather than embraced during the initial launch.  7Pay Launch Triggers a Frenzy Very few countries around the world

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Stellar Partners with TransferTo for Improved International Mobile Money Transfers

Cryptocurrencies and digital assets all have a role to play in the world of remittances and money transfers. Stellar is making inroads in this regard thanks to a new partnership with TransferTo. It’s an important step in the right direction, and one that shows Stellar may be able to rival Ripple in the long run. […]

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5 Ways to Accelerate Financial Inclusion Through Technology

One of the main ways of reducing poverty is through financial inclusion. As of last year, an estimated 1.7 billion adults around the world still remain unbanked. This means that they have no access to a savings account, credit, or any type of financial services. In a world where our biggest problems are often what […]

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What Is Electroneum?

TheMerkle ElectroneumThere are many ways to approach the task of creating a valuable cryptocurrency. Bitcoin will remain the top cryptocurrency for quite some time to come, but things can always change in the future. Whether or not Electroneum has what it takes to rival the world’s top cryptocurrency remains to be determined. This particular project certainly looks interesting enough to play a role of importance. An Overview of the Electroneum Project Unlike most other cryptocurrencies in the world today, Electroneum focuses on the mobile ecosystem. It is positioned as a mobile cryptocurrency that is simple to use and powered by an app. Making

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