PayPal Eyes Blockchain Identity Space in New Series A Investment28

Another wrinkle of intrigue hitting the buzzing cryptoeconomy this week is the news that mainstream payments powerhouse PayPal has confirmed an investment into a rising Massachusetts blockchain startup.

The move notably marks an inaugural direct foray into the distributed ledger ecosystem for the high-profile former eBay spin-off. That startup, Cambridge Blockchain, is an identity management play that leverages blockchain technology to facilitate identity compliance solutions for institutions.

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