Tagged: proof of concept

Fintech Fave Joins Monetary Authority of Singapore in PoC to Enable Interoperability Across QR Payments Ecosystem

Fave, a consumer fintech platform in Southeast Asia and India, has announced its participation in the SGQR+ POC led by the Monetary Authority of Singapore (MAS). The SGQR+ POC will be limited “to Districts 16 and 17 of Singapore and showcased during the Singapore FinTech… Read More

Stablecoins: Shinhan Bank, SCB TechX Pilot Stablecoin Remittances on Hedera Network

Shinhan Bank, SCB TechX, and an unnamed financial institution in Taiwan have announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot, according to a release. The PoC was reportedly built on the Hedera network, a high-performance blockchain. The pilot was said to have… Read More

Financial Services Research: Regulated Digital Asset Settlement Platform with Shared Ledger Tech Considered Feasible

Members of the U.S. financial services sector published the findings of a proof of concept (PoC) that explored the feasibility of the regulated liability network (RLN), which is envisioned “as an interoperable network for wholesale payments operating on a shared multi-entity distributed ledger.” While today’s… Read More

Colt Technology Drives Forward Cloud Colocation for Capital Markets

Colt Technology Services has announced the successful completion of a pioneering cloud colocation Proof of Concept (PoC), which demonstrates “the viability of hosting and distributing multicast data in the cloud for global Capital Market customers.” The testing represents “a step towards greater on demand services… Read More

Etherisc, BCCM to Develop Blockchain-Based Insurance Prototype

Etherisc, an open-source, decentralized insurance protocol, and ecosystem, together with the Blockchain Competence Center Mittweida (BCCM) at Mittweida University of Applied Sciences, today announced the launch of a joint project to develop a blockchain-based insurance prototype. This project aims to provide refined alternatives to traditional… Read More

Deutsche Bank Securities Services in Singapore and Hashstacs Finalize PoC on DLT for Sustainability related Digital Bonds

Deutsche Bank’s Securities Services business in Singapore and Hashstacs (STACS) have reportedly finalized their proof-of-concept (PoC), called Project Benja, on the use of distributed ledger technology (DLT) for crypto-assets and sustainability-related digital bonds. Set in the context of the nascent tokenized securities in the securities… Read More

Bank of England Moves Forward with POC on Blockchain based Payments

Earlier this week, the Bank of England (BoE) published a document outlining progress on their proof of concept (POC) project for a “renewed Real-Time Gross Settlement (RTGS) service that will deliver a resilient, flexible and innovative sterling payment system for the United Kingdom to meet the… Read More

MoneyCircles Launched As European Blockchain Incubator’s First Public Proof of Concept

What goes around, comes around, seems to be one concept behind the UK-based MoneyCircles.com, a decentralized peer-to-peer lending app that allows circles of people to get together and mimic a credit union to save and lend with one another, based on a “common bond.” The company is the… Read More

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