Tagged: blockchain

BitPay Completes Service Organization Control 2 Compliance Review

Global blockchain payments provider BitPay announced earlier this week it successfully completed the Service Organization Control 2 (SOC 2) compliance review, which was conducted by business advisory firm. Aprio. BitPay reported that its customers now have third party confirmation that the design, implementation, and operation of its security… Read More

BitPay Set to Support Payments From Ethereum Blockchain

Global blockchain payments provider BitPay announced last week it is set to support payments from the Ethereum Blockchain. Through this support, BitPay users will be able to use their ether to do the following: Buy gift cards on the BitPay app Top up BitPay cards Shop… Read More

Lloyds Bank Joins Forces With Blockchain Platform Komgo to Speed up Commodities Trade Finance in the UK

Lloyds Bank announced on Wednesday it has formed a partnership with blockchain-based platform Komgo. Through the partnership, Lloyds Bank is seeking to enable quicker international commodity trade finance using distributed ledger technology (DLT). According to Lloyds Bank, Komgo digitizes and streamlines international trade and commodity… Read More

Denmark’s Securechain Launches Blockchain-Based Freelance Marketplace

Denmark-based blockchain company Securechain announced on Tuesday the public launch of its blockchain freelance Finmail Work. According to Securechain, the platform is committed to providing an “open environment” for people anywhere in the world to work and receive payment. “Finmail is the first web and… Read More

Infosys Finacle & R3 Completes Global Trial of Blockchain Based Trade Finance

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced on Monday it has completed its global blockchain trial in partnership with blockchain software company, R3. According to Infosys Finacle, a total of eighteen banking groups joined the test network of… Read More

GMEX Builds Digital Capital Markets Technology Suite With IBM Blockchain Platform to Support Digital Assets

GMEX Technologies Ltd., a wholly-owned subsidiary of GMEX Group providing multi-asset post-trade business and technology solutions, announced on Thursday the latest release of its GMEX Fusion Digital Capital Markets technology suite (GMEX Fusion), which was built on IBM (NYSE: IBM) Blockchain Platform. According to GMEX,… Read More

Mastercard Partners With R3 to Develop Blockchain-Powered Cross-Border Payment Solution

Mastercard announced on Wednesday it is teaming up with enterprise blockchain software provider R3 to develop and pilot a new blockchain-enabled cross-border payment solution. According to Mastercard, the solution will initially focus on connecting global faster payments infrastructures, as well as schemes and banks supported… Read More

Globex Announces Addition of Ethereum Wallet Forensics to AML Screening Solution

Blockchain software solutions company GlobexUS Holdings, Corp. (Globex) announced on Wednesday the launch of its new Ethereum wallet forensics feature, which has been added to AMLCop, its proprietary AML software solution. According to Globex, the new feature allows AMLCop to continually screen Ethereum wallets against… Read More

Algo Capital Completes $200 Million VC Fund Round

Algo Capital, a financial institution that is focused on accelerating access, adoption, and liquidity of the Algorand blockchain, announced on Tuesday the closing of its Algo VC Fund at $200 million. Founded in 2015, Algo Capital creates financial products that accelerate access, adoption and liquidity… Read More

IOICM Receives Approval From the FINRA For Membership Application

IOI Capital and Markets, LLC (IOICM), an SEC registered broker-dealer and a wholly-owned subsidiary of iownit capital and markets, Inc. recently announced the Financial Industry Regulatory Authority (FINRA) has approved its membership application. IOICM reported that the approval allows it to be a placement agent… Read More

Commonwealth Bank of Australia Launches Blockchain-based Digital Marketplace Prototype to Allow Users to Trade Government Biodiversity Credits

Commonwealth Bank of Australia announced on Wednesday the launch of its newly developed blockchain-based digital marketplace prototype which will allow users to trade government biodiversity credits. The description of the prototype reveals: “A new blockchain prototype has the potential to boost sustainable development while enabling… Read More

ICONLOOP Applys Blockchain Service Broof to Co-Purchasing Art Service Platform ARTnGUIDE

ICONLOOP, a blockchain enterprise based in South Korea, announced on Tuesday it has apply its blockchain-based certificate issuance service, which is called broof, to ‘ARTnGUIDE’, an online service platform in Korea for co-purchasing works of art operated by Yeolmae Company. ICONLOOP reported it has signed… Read More

Binance Announces New Open Blockchain Project “Venus”

Cryptocurrency exchange Binance announced on Monday its new open blockchain project, called Venus. According to Binance, Venus is described as an initiative to develop localize stablecoins and digital assets pegged to fiat currencies across the globe. “Binance is looking to create new alliances and partnerships… Read More

BitGo Appoints Former Xapo’s Senior Vice President Pete Najarian As New Chief Revenue Officer

Blockchain software firm BitGo announced on Monday it has appointed former Senior Vice President at Xapo, Pete Najarian, as its new Chief Revenue Officer. According to BitGo, Najarian has more than 20 years of experience working in international finance with institutional investors. Prior to Xapo,… Read More

Cypherium Teams Up with Google Cloud Platform to Provide Enterprise Grade Blockchain Solutions

Cypherium, an enterprise-focused blockchain platform that prioritizes scalability and decentralization, has announced on Tuesday it has formed a new partnership with Google Cloud to offer blockchain solutions to Google Cloud customers. Through the partnership, Cypherium will notably provide corporate clients who require an enterprise blockchain… Read More

Standard Chartered Completes Cross-Border Letter of Credit Blockchain Transaction With Oil Company PTT Group

Standard Chartered Bank announced on Wednesday it has successfully executed a pilot transaction for PTT Group, PTT International Trading Pte Ltd and IRPC Public Company Limited. Standard Chartered reported that due to the significant cargo value, oil companies are often reliant on Letters of Credit… Read More

Digital Asset Services Platform RockX Launches With a Mission to Accelerate Staking-As-A-Service

RockX, a new digital asset services platform, has been launched by Alex Lam, Founder of RockMiner, to bridge the gap between the cryptocurrency veterans and novices and to further accelerate the development of Proof-of-Stake (PoS) public blockchains. RockX will initially serve as a Staking-as-a-Service platform… Read More

Standard Chartered Completes Joint Transaction on Blockchain Platform With Linklogis

Standard Chartered Bank announced on Monday that it and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers. According to Standard Chartered, the transaction is included in the ongoing strategic collaboration between the two parties since… Read More

German Blockchain Banking Group Bitwala Raises €13 Million Through Series A Funding Round

German blockchain banking group Bitwala announced on Wednesday it secured €13 million through its Series A funding round, which was led by Sony Financial Ventures and NKB Group. As previously reported, Bitwala’s mission is to empower people to exchange ideas. The company recently secured €4… Read More

Hyperledger Announces 11 New Members

Hyperledger, an open-source collaborative effort created to advance cross-industry blockchain technologies, announced on Wednesday it has welcomed 11 new members to its enterprise blockchain community. Hyperledger reported that the announcement comes as its members from around the globe are meeting in Tokyo, Japan, at the… Read More

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