Tagged: distributed ledger technology

R3 Partners with Evernym on Identity Management for Financial Services

R3, a bespoke distributed ledger technology (DLT) provider that is working with over 100 financial institutions,  has formed a partnership with Evernym to apply self-sovereign identity to financial services. R3 seeks to create a standardized financial service focused DLT. R3 was the genesis of frustration amongst banks… Read More

ASX Will Migrate to Blockchain to Replace 20+ Year Old Trading System

The Australian Securities Exchange (ASX) will migrate away from its Clearing House Electronic Subregister System or “CHESS” to a system using Distributed Ledger Technology (DLT) commonly referenced as Blockchain. The CHESS platform has been in place since the 1990s. ASX said it is now taking… Read More

Alastria Consortium Founded to Develop Blockchain in Spain

Several leading Spanish banking, energy and telecommunications companies have established Alastria, a new regulated national network based on blockchain. The non-profit consortium was presented simultaneously in the cities of Madrid, Barcelona, Bilbao, Valencia and Malaga with the aim to develop the Distributed Ledger Technology (DTL),… Read More

Whoppercoin Loyalty Program: Burger King Russia Using Waves Platform’s Distributed Ledger Technology

  Burger King Russia’s adoption of Waves Platform for its loyalty program shows that Distributed Ledger Technology could one day become as mainstream as burgers and fries. Fast food giant Burger King Russia has announced its new blockchain loyalty program, hosted on the Waves platform. Whoppercoin –… Read More

What’s Next For Token Sales & ICOs After the SEC’s Recent Warnings

  Disclaimer: Although I am a securities attorney, I am not your securities attorney, so the following is in no way legal advice. If you are thinking about doing an ICO or token sale, I highly recommend talking to and hiring your own attorney. If you’ve been… Read More

CoinList Attempting to Standardize & Self-Regulate ICOs

CoinList, founded as a partnership between Angel List and Protocol Labs, is quietly trying to standardize initial coin offerings (ICOs) by self-imposing similar restrictions as the SEC imposes on companies that conduct certain private offerings under Regulation D. The Growing ICO Market ICOs have been… Read More

Medici Ventures Invests in Symbiont, Aims to Lead Delaware Blockchain Form Registration

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

Ethereum Enterprise Alliance Adds 34 New Members Becoming World’s Largest Open Source Blockchain Intiative

This week, the Ethereum Enterprise Alliance (EEA) announced the addition of 34 new members, pushing the organization’s total membership to over 150 organizations, making the alliance the world’s largest open source blockchain initiative. World’s Largest Blockchain Initiative The EEA is an alliance of fortune 500… Read More

South Korea Makes it Legal to Transfer Cryptocurrencies Internationally

According to several online sources, a new law in South Korea is set to make it legal for companies to process international transfers using cryptocurrencies like Bitcoin and Ether. Digital Currency Exchanges Can Register with Korean Gov’t The new laws, which are set to go… Read More

Delaware Law Legalizing Blockchain Stocks Quietly Moving Forward

Earlier this month, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. According to an article on Coindesk, the amendments relating to… Read More

China’s Central Bank Testing Prototype Cryptocurrency

Over a month ago, speculation abounded on whether China was developing its very own cryptocurrency to essentially digitize RMB. Now we know quite certainly that the Central Bank of China has developed and is currently testing a cryptocoin. Planned Integration with Commercial Banks Although there… Read More

What the Heck is Going on with Ethereum?

Ether, the cryptocurrency based off of and powering the blockchain technology Ethereum, made headlines last month after soaring to over $400 a coin. The huge surge caused many people to speculate that Ethereum would one day surpass Bitcoin, the world’s most valuable cryptocoin both by market… Read More

Blockchain Being Used to Power Renewable Energy Grid in Brooklyn

Correction: a previous version of this article stated that LO3’s blockchain technology was based on Ethereum. LO3 currently uses their own proprietary private blockchain technology. According to an article published by Politico last month, a pilot program was launched in a neighborhood of Brooklyn that… Read More

Visa Hiring Ethereum Engineer to Continue Work on its Blockchain Technology

Last week, Visa posted a new job opening for an Ethereum engineer to continue work on the company’s growing blockchain technology products. The company had previously launched an international B2B payment solution that utilized blockchain technology last year. Ethereum Developer Wanted The job posting describes Visa’s… Read More

Potential Red Flags in Bancor’s ICO?

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

Morgan Stanley Believes Bitcoin Needs Regulations for Further Growth

In a recent report titled “Blockchain: Unchained?”, Morgan Stanley details its hesitance towards Bitcoin and outlines its belief that in order for Bitcoin to see continued growth, more regulations need to be enacted. While Morgan Stanley does have high hopes for blockchain, the technology behind Bitcoin,… Read More

Circle Launches Free Cross-Border Mobile Payments Based on Blockchain

Circle, a Blockchain based Fintech startup backed by Goldman Sachs, announced recently it was launching its mobile payments solution to the US, UK, and Europe, which will allow people to transfer money across countries without any fees instantly. Free and Instant Cross-Border Payments Blockchain is the… Read More

Thomson Reuters Launches Blockchain Based Service for Delivering Market Data

It was announced recently that Thomson Reuters is set to launch its blockchain-based service, BlockOne IQ, which will provide its clients with fast and secure financial market data. Wall Street firms will be able to connect to market data through the blockchain network and be… Read More

US Department of State Seeks Intern for New Blockchain Working Group

According to a recent posting on the Virtual Student Foreign Service’s (VSFS) website, the US Department of State is currently accepting applications for an intern to research and report on developments in blockchain and distributed ledger technology. E-Internship Reporting on Blockchain Innovation The VSFS is… Read More

UN Sends Aid to Thousands of Syrian Refugees Using Ethereum’s Blockchain

  As reported by Coindesk a little over a month ago, the United Nations World Food Program (WFP) launched an innovative test program to deliver aid to impoverished areas in the middle east using blockchain technology based on Ethereum. The pilot program was declared a… Read More