Tagged: distributed ledger technology

June 19, 2020 @ 2:30 pm By Omar Faridi  |  

Central bank digital currencies (CBDCs) are a virtual form of money issued by a country’s reserve bank. A CBDC can easily be implemented using a traditional database management system operated by central bank in collaboration with approved private sector entities. Blockchain technology is not needed… Read More

June 17, 2020 @ 11:27 pm By Omar Faridi  |  

Six new partners have joined South Korea’s MyIDAlliance, a leading collaborative organization focused on establishing a blockchain-based digital ID ecosystem that places “MyID” at the center. Leading security firm “AhnLab”, payments provider “NHN KCP”, electronic trade and logistics firm “KTnet”, exchange lending Delio, AI and… Read More

June 17, 2020 @ 6:30 pm By Omar Faridi  |  

We recently caught up with Li Jun, the founder of Ontology (ONT), a high-performance enterprise blockchain platform developed in 2017 with technical support from Chinese firm called OnChain, which is headed by Erik Zhang and Da HongFei, the developers of the NEO Blockchain (which was… Read More

June 17, 2020 @ 7:56 am By Omar Faridi  |  

The Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group (IsDB), has teamed up with Samsung-backed blockchain tech company, Blocko, in order to implement a distributed ledger technology (DLT)-powered “smart” credit management platform. As mentioned in a release shared with… Read More

June 17, 2020 @ 1:09 am By Omar Faridi  |  

Quant, a platform that aims to connect the world’s networks to blockchain to distributed ledger technology (DLT) solutions with “just three lines of code,” has reportedly partnered with Oracle (NYSE: ORCL), a leading provider of database software. The Quant team confirmed that it would be… Read More

June 16, 2020 @ 11:45 pm By Omar Faridi  |  

Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology will reportedly join the ConsenSys Codefi Staking Pilot Program, in order to gain early access to the Ethereum 2.0 staking solution. Ethereum 2.0 or Eth2 is a major system-wide upgrade to Ethereum (ETH), the world’s largest… Read More

June 16, 2020 @ 10:12 pm By Omar Faridi  |  

Decentralized VPN network, Orchid Protocol, is developing two Chainlink-powered decentralized oracle networks which will allow users to estimate the bandwidth cost on Orchid. Users will know how much they can expect to pay (approximately) in the native OXT token and US dollars. The OXT/USD feed… Read More

June 15, 2020 @ 10:23 pm By Omar Faridi  |  

The developers at Quantum Resistant Ledger (QRL), an externally audited “enterprise-grade” blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through “a unique smart-contract.” The QRL team said that a… Read More

June 14, 2020 @ 8:17 pm By Omar Faridi  |  

Theo Turner, a blockchain and AI developer at Outlier Ventures, a VC and private equity firm that advises, invests, and supports the development of technologies for an “open data economy,” recently published an analysis covering major blockchain projects. The complete research methodology, data sources used,… Read More

June 14, 2020 @ 6:48 pm By Omar Faridi  |  

Sidharth Sogani, a Certified Bitcoin Professional and CEO at CREBACO Global Inc, a credit rating firm for exchanges, blockchains and coin offerings, has argued that it’s clear the Indian government hasn’t figured out how Bitcoin (BTC) works. There’s a new proposal that aims to ban… Read More

June 14, 2020 @ 4:40 pm By Omar Faridi  |  

  The controversial Facebook-led Libra project is reportedly the most active project in terms of developer activity, according to CoinCodeCap data. There are 41 active developers working on Libra, meanwhile, Ethereum (ETH), the world’s largest smart contract platform, has 36 active developers, the data site… Read More

June 13, 2020 @ 5:56 pm By Omar Faridi  |  

Jack O’Holleran, CEO and co-founder at SKALE Labs, a company that’s developing solutions to improve blockchain consensus mechanisms, noted that the SKALE Network will go live on June 30, 2020. The SKALE Network is an Ethereum-compatible, permissionless, open-source, “elastic” blockchain network. O’Holleran said that SKALE’s… Read More

June 11, 2020 @ 7:34 pm By Omar Faridi  |  

The Turkish stablecoin BiLira will reportedly be launching on AVA, an open-source platform for building and deploying decentralized finance (DeFi) apps and enterprise-grade blockchain solutions that can be run in “one interoperable, highly scalable ecosystem.” The AVA Labs team says that the new stablecoin should… Read More

June 9, 2020 @ 10:56 pm By Omar Faridi  |  

New York-based Bison Trails, a blockchain or distributed ledger technology (DLT) infrastructure developer, will be adding support for NEAR, a sharded proof of stake (PoS) blockchain and app development platform that can power open finance solutions. NEAR received over $20 million in capital from VC… Read More

June 7, 2020 @ 4:42 pm By Omar Faridi  |  

A blockchain or distributed ledger technology (DLT)-enabled pilot for handling various notary services has reportedly been introduced in Suzhou, China. China Quality News reports that Suzhou’s authorities are supporting the DLT pilot, which could potentially assist millions of residents with gaining secure access to legal… Read More

June 7, 2020 @ 4:19 pm By Omar Faridi  |  

Blockchain or distributed ledger technology (DLT) firms have been dominating Hong Kong’s startup sector. Last year, enterprise DLT and crypto-assets exchanges were ranked the most popular sectors in Hong Kong’s Fintech industry. This, according to a report from the Financial Services and Treasury Bureau which… Read More

June 5, 2020 @ 9:32 pm By Omar Faridi  |  

ICONLOOP, ICON’s technical partner, has reportedly been chosen to receive funding from K-Growth’s $100 million Fintech Innovation Fund. Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), noted via Twitter that one of… Read More

June 5, 2020 @ 1:54 am By Omar Faridi  |  

The People’s Bank of China (PBoC), the nation’s reserve bank with around $3.2 trillion in assets, recently announced the second batch of Fintech initiatives that will take part in a pilot program involving new regulations. The pilots will take place in China’s capital, Beijing, and… Read More

June 3, 2020 @ 12:17 am By Omar Faridi  |  

Brian Kerr, CEO at Kava Labs, notes during an interview with Alexandre Raffin at GAINS Associates that Cosmos’ value proposition is that “if you make a blockchain and it has a similar consensus mechanism to another blockchain …[then by using] … the inter-blockhain communication protocol… Read More

June 2, 2020 @ 10:37 pm By Omar Faridi  |  

Square Crypto, a Bitcoin (BTC) focused initiative launched by Jack Dorsey’s payments company Square (NYSE:SQ), has awarded a grant to Talaia (pronounced “Talaia”), a project-based in Spain and developed by Sergi Delgado, a distributed networks specialist from Barcelona. Square Crypto noted via Twitter: “Talaia is… Read More