PayPal: Invests in Cambridge Blockchain

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PayPal: Invests in Cambridge Blockchain

PayPal: Make its first-ever investment in Cambridge Blockchain

  • Cambridge helps financial institutions to manage sensitive data using shared ledgers
  • With this investment, the two companies will explore potential collaborations to leverage blockchain technology
  • Cambridge Blockchain’s solutions aim to harness the possibilities of blockchain while meeting data privacy obligations
  • They have specific experience in designing software systems to share identity data across European financial institutions
  • It also helps streamline digital identity compliance while giving customers control over their identity data