Tagged: blockchain

February 11, 2020 @ 8:29 am By Samantha Hurst  |  

Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Tuesday cryptocurrency exchange Huobi is joining the Klaytn Governance Council. With Huobi onboard, the Klaytn Governance Council currently has 28 enterprises, which includes LG Electronics, Union Bank of the Philippines, and… Read More

February 10, 2020 @ 12:06 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Monday it is expanding its global presence with new custodial entities in Switzerland and Germany. According to BitGo,  BitGo’s Swiss entity BitGo GmbH is a member of the Financial Services Standards Association (VQF), supervised by the Swiss Financial Market… Read More

January 29, 2020 @ 2:18 am By Omar Faridi  |  

Urgent action is required in order to address a serious skills and talent shortage in the United Kingdom’s financial services sector, an independent review commissioned by HM Revenue has revealed. The review has issued a warning to industry participants stating that the UK’s financial sector… Read More

January 28, 2020 @ 8:33 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Tuesday it has made an investment in Contour, a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs). … Read More

January 22, 2020 @ 2:55 pm By Samantha Hurst  |  

Incognito and encrypted DNA extraction kit brand, Genobank.io, has launched a crowdfunding campaign on Republic. The company successfully raised its minimum $100,000 funding target. Founded in 2014, Genobank.io’s kits notably enable users to establish ownership & control of their genomic data using a decentralized blockchain-based… Read More

January 19, 2020 @ 10:52 pm By Samantha Hurst  |  

Kadena, both a public and permissioned blockchain platform, announced last week the full launch of its public blockchain. Kadena claimed that its public blockchain is first to market as a sharded Proof of Work Layer 1 network. “Following the start of genesis mining in October… Read More

January 8, 2020 @ 1:45 pm By Samantha Hurst  |  

Port of Salalah, one of Oman’s largest seaports, has reportedly joined the blockchain-enabled digital shipping solutions platform, TradeLens. As previously reported, the solution was notably developed by IBM and Maersk to apply the blockchain global supply chain. “TradeLens uses IBM Blockchain technology as the foundation… Read More

January 5, 2020 @ 7:23 pm By Omar Faridi  |  

Fininbox, an established banking software-as-a-service (SaaS) provider, has identified three main Fintech trends or developments that helped shape the financial technology industry last year. According to Fininbox, the three trends are: artificial intelligence (AI) became increasingly important among Fintech firms, a large number of traditional… Read More

December 20, 2019 @ 10:00 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Friday it secured $200 million through its Series C funding round, which was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Founded in 2012, Ripple claims it provides one frictionless… Read More

December 6, 2019 @ 10:29 pm By Samantha Hurst  |  

SIBEX, the developer of the peer to peer protocol that creates new arbitrage opportunities for institutional traders while eliminating the issues that exist with current OTC markets, announced on Friday it has partnered with Paxos to distribute PAX Gold, an asset-backed digital token.  “Recognizing that… Read More

December 5, 2019 @ 10:25 pm By Samantha Hurst  |  

SpaceChain, a Singapore-based blockchain community platform, announced on Thursday it has sent its blockchain hardware wallet technology to the International Space Station. The company claims that its tech is considered the first technology demonstration of blockchain hardware on the space station and will be installed… Read More

November 10, 2019 @ 9:44 pm By Samantha Hurst  |  

Singapore-based Pundi X announced this weekend it has signed a Memorandum of Understanding (MoU) with artificial intelligence firm Borghese Ventures to explore the implementation of blockchain technology for private and public sectors based in Cyprus. Pundi X reported that with the MoU it and Borghese Ventures will… Read More

October 20, 2019 @ 3:04 pm By Omar Faridi  |  

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More

October 18, 2019 @ 11:46 am By Omar Faridi  |  

United Arab Emirates (UAE)-based real estate firm Emaar Properties has launched a new blockchain token-based referral and loyalty platform. Emaar, the developer of Burj Khalifa, the world’s tallest building, and the Dubai Mall, intends to use the EMR token to reward its customers, according to… Read More

October 17, 2019 @ 10:36 am By Samantha Hurst  |  

PumaPay, a blockchain payments system that provides an open-source “free-of-charge blockchain-based protocol” that decentralizes the transaction process, announced on Thursday it has teamed up with cryptocurrency data resource platform Cointelligence to make cryptocurrency and blockchain education accessible for everyone. According to the duo, the education… Read More

October 15, 2019 @ 3:25 pm By Samantha Hurst  |  

Digital banking platform 2gether announced on Tuesday its support for Brave and the addition of Basic Attention Token (BAT) to its list of existing tokens. 2gether reported that BAT is a utility token based on the Ethereum blockchain and acts as a medium of exchange… Read More

October 10, 2019 @ 8:53 am By Samantha Hurst  |  

PayStand, a blockchain-based, B2B payments firm, announced on Thursday it has appointed four globally recognized fintech veterans from Fiserv, PayPal, and Visa to its Fintech Advisory Council. According to PayStand, the council comes on the heels of a record-breaking year for the company, with revenue… Read More

October 9, 2019 @ 4:05 pm By Samantha Hurst  |  

Blockchain software solutions company GlobexUS Holdings, Corp. (Globex) announced on Wednesday that Earn.re, a blockchain-based commercial real estate (CRE) financing platform, has signed a licensing agreement for Globex’s Ethereum-based KYC/AML compliance solutions to onboard and verify the platform’s investors through a company-branded smartphone app. Globex… Read More

October 9, 2019 @ 7:21 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has teamed up with Finastra to offer its blockchain technology through Finastra’s payment solution to support cross-border payments. It was revealed: “As part of the collaboration, Finastra’s customers will be able to… Read More

October 8, 2019 @ 3:50 pm By Samantha Hurst  |  

OmiseGO, a U.S.-based blockchain payments processor, announced on Tuesday it has joined the Universal Protocol Blockchain Alliance, which is a coalition of blockchain organizations dedicated to extending new and innovative use cases for cryptocurrency around the globe. OmiseGO reported it will incorporate the Universal Protocol… Read More