Tagged: dlt

Ethereum Enterprise Alliance Announces 86 New Members Including Toyota, Merck, and Deloitte

The Ethereum Enterprise Alliance (EEA) has announced the addition of over 86 new members to the group. The EEA is an alliance of fortune 500 companies, startups, academics, and technology vendors with a shared goal: to build and develop Ethereum with a clear roadmap for… Read More

Decentral’s Jaxx Digital Wallet & Exchange Adds 70 Partners

Decentral has announced that its flagship product, Jaxx , a multi-platform digital currency wallet and exchange, has secured more than 70 new partners and integrations for all things blockchain. Jaxx wants to be the tool that brings digital currencies and digital assets to the masses. “We are bringing together… Read More

Ethereum Quickly Catching Up to Bitcoin’s Transaction Volume

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

Hong Kong Financial Services Development Council Publishes Report on Blockchain

As part of a broader initiative to encourage Fintech innovation, the Financial Services Development Council of Hong Kong has published a report on Distributed Ledger Technology (DLT) or Blockchain. Recently, we shared a report on Fintech in which the FSDC chastised officials for not moving… Read More

Katipult to Apply Blockchain for Secondary Market Transactions in Private Securities

Katipult, a software provider for the investment crowdfunding space, is currently in the process of creating a distribution application (DApp) that will support secondary market transactions for private securities. Crowdfunding under Reg D, Reg A+ and Reg CF (and other exemptions in other markets), creates… Read More

Initial Token Offering: Leondrino Exchange Announces First Branded Currencies for Companies

Leondrino, described as a currency management as a service provider with a platform and marketplace for organizations to issue their own private currencies,  has announced the first “Initial Token Offerings” (ITOs). Two companies, Chargepartner Network and Leaf Systems, will be publicly issuing their own branded… Read More

Lykke Adds Seamus Donoghue as Head of Singapore

Switzerland-based Fintech firm Lykke has announced it is “accelerating growth” by appointing Seamus Donoghue as Director of its Singapore office.  Lykke now has a presence in Switzerland, the UK, Cyprus, Vanuatu, the US and now Singapore.  Lykke is in the process of building a global… Read More

FCA Publishes Discussion Paper on Blockchain Utilization

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called Blockchain. The document was released today amidst of a flurry of Fintech related news as the Innovate Finance Global Summit kicked off in London.  The FCA… Read More

Blockchain-based Identity Service backed by the Big 5 Canadian Banks

SecureKey announced Monday that later this year it will release a blockchain-based service, giving customers the ability to control what classifying information they share with corporations. The Toronto-based identity management company’s new service has obtained the support of Canada’s top five banks. SecureKey’s new service… Read More

China: WeiyangX Fintech Review

Highlights of China’s central bank’s briefing on financial reform & development Last Friday, the People’s Bank of China briefed media on China’s financial reform and developments on the sidelines of the Two Sessions in Beijing.‍ Officials attending the press conference included: Zhou Xiaochuan: Governor of… Read More

Fintech Startup Invictus Hooks Up with IBM on Blockchain Tech

Singapore-based Fintech startup Invictus has partnered with IBM (NYSE:IBM) to leverage their cloud and blockchain tech to power their order, logistic and payment platform (OLP). Invictus will also be working with the IBM “Bluemix Garage” in Singapore to design a distributed ledger (DLT) platform prototype on the… Read More

Monetary Authority of Singapore Works to Boost Blockchain Utilization: Looks to Central Bank Digital Currency

The Monetary Authority of Singapore (MAS) has concluded a “proof-of-concept project” to conduct domestic inter-bank payments using distributed ledger technology (DLT) also commonly referenced as Blockchain. The project, in partnership with R31 and a consortium2 of financial institutions, was first announced in November 2016. “This wholesale payments project… Read More

Fintech Industry Says Australia in Strong Global Blockchain Position as it Releases Roadmap for Blockchain Development

Following the release of an important standards roadmap, the leading body for Australia’s Fintech industry said the country was well positioned to take advantage of emerging Blockchain technology or distributed ledger technology (DLT). Standards Australia has recently released its Roadmap for Blockchain Standards Report, which outlines how… Read More

Australia Publishes Roadmap for Blockchain Standards (Document)

Standards Australia has published a roadmap for Distributed Ledger Technology (DLT) commonly called Blockchain. Dr. Bronwyn Evans, CEO of Standards Australia, said that Blockchain has the potential to support efficient and secure real-time transactions across a number of sectors, including financial services. She described Australia as… Read More

China: WeiyangX Fintech Review

CBRC Releases “Guideline” to Regulate Funds Custody of Online Lending Platforms On February 23rd, the China Banking Regulatory Commission(CBRC)released new guidelines to regulate funds custody of online lending platforms. According to the guidelines, online lending platforms and banks must follow the regulation to restructure their funds… Read More

Lykke Completes Public Offering of Equity Tokens in Oversubscribed Offer

Lykke, a Swiss Fintech company building a blockchain-powered marketplace,  is reporting it has completed a three-week public offering of a 1-year forward equity contract. The offer, which was said to be oversubscribed, raised CHF 2 million for the company from more than 340 new investors…. Read More

China: WeiyangX Fintech Review

Hong Kong Securities & Futures Commission Joins R3 Blockchain Consortium The Hong Kong Securities and Futures Commission (SFC) announced it had joined the R3 blockchain consortium. Through this partnership, SFC will test applications of blockchain on record and settlement of securities and futures trading with the… Read More

Bank of Canada: Digital Currencies Need Regulation (Document)

The Bank of Canada is out with a paper that reviews the advent of digital currencies, IE Bitcoin, and how it may impact the more traditional type of fiat currency. Drawing a comparison to back in the day when private bank notes circulated alongside government issued… Read More

Bitbond Raises $1.2 million to Fuel Global Expansion of SME Lending

Bitbond has raised $1.2 million in equity capital to help boost global expansion. The Berlin-based online lending platform has now raised total funding of $2.3 million. The funding round was led by mobilike founder Şekip Can Gökalp, plus several angels investors including, Fyber founders Janis Zech… Read More

China: WeiyangX Fintech Review

PBOC Becomes the First Central Bank to Issue Digital Currency Just at the start of 2017, People’s Bank of China (PBOC) took a big step in the area of digital currency. According to its announcement, PBOC has managed to test digital bill trading with beta-digital… Read More