Tagged: distributed ledger technology

February 4, 2021 @ 5:34 pm By Omar Faridi  |  

Digital asset exchange Coinbase recently published its Around the Block #11: “A snapshot of decentralized finance (DeFi) and two sides of the crypto regulatory spectrum” (report), which aims to cover important issues in the crypto and blockchain industry. In this latest edition, released on February… Read More

February 4, 2021 @ 12:10 pm By Omar Faridi  |  

Switzerland is currently home to around 130 startups that are actively applying blockchain or distributed ledger tech (DLT) to improve processes in the finance sector, according to new data from Swisscom. The majority of these firms (48%) offer services related to banking infrastructure, with many… Read More

February 3, 2021 @ 11:55 pm By Omar Faridi  |  

Switzerland-based Sygnum Bank, a licensed digital asset bank founded on “Swiss and Singapore heritage” operating globally, and Fine Wine Capital, a privately-held specialist trading firm with a special focus on the fine wine market, have reportedly tokenized a range of premium investible wines. This initiative… Read More

February 3, 2021 @ 8:58 pm By Omar Faridi  |  

BNP Paribas Asset Management and the CAIA Association and Hong Kong-based Liquefy have released a research paper covering how tokenization may be used to offer improved access to illiquid alternative investments. The joint paper explains how tokenization may have a lot of potential for use… Read More

February 3, 2021 @ 7:53 am By Omar Faridi  |  

Existing virtual currencies are unlikely to last, according to Bank of England governor Andrew Bailey. Decentralized cryptocurrencies like Bitcoin (BTC) or Bitcoin Cash (BCH) don’t have the appropriate structure to work as a viable long-term payments method, according to Bank of England (BoE) governor Andrew… Read More

February 2, 2021 @ 10:54 pm By Omar Faridi  |  

Decentralized Oracle network developer Chainlink (LINK) has joined the UNESCO Global Education Coalition in order to advance or promote smart contract education internationally. Chainlink confirmed on January 29, 2021 that it has now joined the United Nations Educational, Scientific, and Cultural Organization (UNESCO) Global Education… Read More

February 1, 2021 @ 10:04 pm By Omar Faridi  |  

Singapore-based ECXX Global, an asset-based digital securities exchange, has revealed that it will be working with regional brokerage UOB Kay Hian in order to bring in deep tech startups to their network and give them the chance to list through Securitized Token Offerings (STOs) so… Read More

February 1, 2021 @ 8:30 am By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what businesses… Read More

January 30, 2021 @ 2:58 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that its APIs now support ACH payments and payouts. Circle explains that ACH support allows clients to provide “seamless” bank transfers to and from USDC, which is a major stablecoin (or digital asset pegged to the US dollar). Circle… Read More

January 28, 2021 @ 10:46 pm By Omar Faridi  |  

The Regtech Working Group, formed by the Steering Committee of Australia’s National Blockchain Roadmap, is currently undertaking a consultation in order to gain a better understanding of the wide-ranging views and perspectives regarding the use and adoption of distributed ledger technologies (DLT). The consultation is… Read More

January 26, 2021 @ 9:02 pm By Omar Faridi  |  

Blockchain security firm CipherTrace notes that during her confirmation hearing on January 19, Dr. Janet Yellen, US President Joe Biden’s pick for Secretary of the Treasury, had said that “many” virtual currencies remain “a particular concern” when it comes to terrorism and criminal financing (and… Read More

January 25, 2021 @ 10:43 am By Omar Faridi  |  

The blockchain and digital assets space is well-positioned for even more growth and adoption in 2021 by mainstream consumers and institutions. The COVID-19 outbreak has dramatically accelerated the shift towards all-digital platforms and services because it’s no longer considered safe to visit physical business locations…. Read More

January 24, 2021 @ 11:53 pm By Omar Faridi  |  

European real estate firm Vonovia has reportedly issued a €20 million digital bond on the Stellar blockchain or distributed ledger tech (DLT) platform through a partnership with firstwire, a web-based marketplace for handling debt financing, and Bitbond, which is Germany’s tokenization and digital asset custody… Read More

January 24, 2021 @ 7:59 pm By Omar Faridi  |  

Singapore-based iSTOX, a blockchain-powered digitized securities platform, has finalized a $50 million Series A funding round with participation from two state-backed investors based in Japan. As noted by the company’s management: “iSTOX is a future-ready capital markets platform set to usher in a new era… Read More

January 23, 2021 @ 1:20 pm By Omar Faridi  |  

Decentralized Oracle network developer Chainlink (LINK) has announced that Vulcan Link received a grant to integrate Chainlink on the SKALE Network, which is a “fully” decentralized Ethereum compatible Layer-2 (proof-of-stake) PoS network that claims to offer all benefits of decentralization and speed alongside the security… Read More

January 22, 2021 @ 5:28 pm By Omar Faridi  |  

YIELD App is getting ready to expand its decentralized finance (DeFi) banking solution to Avalanche. According to a blog post published on January 22, 2021 by Ava Labs, which supports the ongoing development of Avalanche, a distributed ledger technology (DLT)-focused platform and project, this new… Read More

January 22, 2021 @ 3:43 pm By Omar Faridi  |  

Tal Elyashiv, Founder and Managing Partner at SPiCE VC, which claims to be the first fully compliant (regulation wise) tokenized venture capital fund, notes that today, we’re at the beginning of what might be the greatest transformational period in modern history. Elyashiv writes in an… Read More

January 20, 2021 @ 8:45 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has revealed that it will be acquiring leading blockchain infrastructure platform, Bison Trails. Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and… Read More

January 18, 2021 @ 8:49 pm By Omar Faridi  |  

Blockchain platform VeChain recently introduced what it’s calling Fee-Delegation As A Service (DaaS), which has been designed to enable the “seamless mass adoption” of decentralized applications (dApps) and will support the development of new business opportunities as well. As noted by the VeChain Foundation in… Read More

January 17, 2021 @ 3:31 pm By Omar Faridi  |  

IOHK (or Input Output Hong Kong), an organization focused on supporting open-source projects such as Cardano (ADA), a major platform for building decentralized applications (dApps), has announced the first winning proposals for Project Catalyst. The community has spoken and 11 initiatives are now expected to… Read More