Quadriga Bitcoin Exchange Says to Launch Blockchain R&D Lab

[BitcoinXio]

QuadrigaCX, Canada’s largest bitcoin exchange based on 30-day volume, says it is launching a Blockchain R&D lab. The company says that the lab will be the first in Canada. Its first project would be the development of a blockchain-based client database for financial crime prevention, as well as what the company referred to as “machine to machine (M2M) payments” with Internet of Things (IoT) providers for connected cities.