Tagged: dlt

December 29, 2020 @ 9:18 pm By Omar Faridi  |  

The developers at Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” have noted that as we get ready to leave 2020 behind, the growth of their Chainlink ecosystem during the past year has been… Read More

December 28, 2020 @ 7:18 pm By Omar Faridi  |  

IOHK (Input Output Hong Kong) has teamed up with Wolfram in order to power Cardano (ADA), a major platform for building decentralized applications (dApps). Cardano has notably joined Bitcoin (BTC) and Ethereum (ETH) by integrating into Wolfram’s leading technology and knowledge base, Wolfram Alpha. However,… Read More

December 26, 2020 @ 2:28 pm By Omar Faridi  |  

TRON has launched a new non-fungible token or NFT standard, called TRC-721, in order to open up new “prospects for blockchain.” TRON‘s first NFT standard protocol TRC-721 was officially announced on December 24, 2020. The introduction of this standard is expected to help with implementing… Read More

December 26, 2020 @ 11:05 am By Omar Faridi  |  

The developers at Avalanche, a blockchain project led by Cornell professor Dr. Emin Gun Sirer, claim that their platform is showing “no signs of slowing down.” In January 2021, the Avalanche-Ethereum Bridge will be introduced on mainnet, a “tremendous” effort across multiple organizations including ChainSafe,… Read More

December 24, 2020 @ 4:49 pm By Omar Faridi  |  

Sasha Ivanov, the Founder at Waves platform, which focuses on open blockchain protocols and offers a development toolset for Web 3.0 apps and decentralized solutions, acknowledges that  2020 has been quite a challenging year. However, there’s at least one “good thing” that has taken place… Read More

December 22, 2020 @ 10:20 pm By Omar Faridi  |  

Binance has welcomed digital assets derivatives exchange Mettalex (developed by Fetch.ai) to its decentralized finance (DeFi) ecosystem. Mettalex is teaming up with Binance Smart Chain in order to enable lower transaction fees to commodity derivatives traders and liquidity providers, according to a release. Vlad Dramaliev… Read More

December 19, 2020 @ 5:09 pm By Omar Faridi  |  

The developers of blockchain platform Ontology have teamed up with Litentry in order to accelerate the adoption of decentralized identity and credit scoring solutions (both created by Ontology). Through the partnership, both organizations aim to offer greater data privacy and transparency to people using digital… Read More

December 19, 2020 @ 12:29 pm By Omar Faridi  |  

On December 18, 2020, the Financial Crimes Enforcement Network (FinCEN) published a proposed rule change for digital currency transactions with “unhosted” wallets. Under the newly proposed change, banking institutions, and money services businesses (MSBs) may be required to verify customers’ identities and turn in reports… Read More

December 17, 2020 @ 11:09 pm By Omar Faridi  |  

The team at Singapore-based Propine, a regulated digital asset custodian, notes that 3 months ago, the company was selected by blockchain platform Zilliqa as one of 8 startups to take part in the ZILHive Accelerator program. The Propine team has now confirmed that they managed… Read More

December 17, 2020 @ 7:57 am By Omar Faridi  |  

The Luxembourg House of Financial Technology (LHoFT), an organization focused on driving innovation for financial services in Luxembourg by connecting the local and global Fintech industry participants, recently shared an update from Luc Falempin, the CEO at Tokeny Solutions, a company that aims to drive… Read More

December 16, 2020 @ 11:14 pm By Omar Faridi  |  

The University of Alabama is teaming up with Chainalysis, a provider of compliance and investigation software of virtual currency transactions. Through the partnership, both organizations will aim to offer “cutting-edge” education and training for students. Blockchain analysis firm Chainalysis noted in a blog post that… Read More

December 16, 2020 @ 9:58 pm By Omar Faridi  |  

NEM Group, which supports the development of Symbol from NEM, a “trusted” and “secure” enterprise blockchain that streamlines business processes, has confirmed the launch of its final testnet update on Symbol, an enterprise-grade blockchain solution that’s expected to go live in early 2021. As mentioned… Read More

December 15, 2020 @ 10:56 pm By Omar Faridi  |  

Fraxtor Private Limited, a company that operates an online real estate co-investment platform, has reportedly acquired over S$9 million (appr. $6.74 million) on its platform from its community of Accredited Investors (AIs), despite the challenges created by the COVID-19 pandemic. According to a release, the… Read More

December 15, 2020 @ 9:55 pm By Omar Faridi  |  

EMTECH has introduced its “pilot-ready” innovation and regulatory compliance platform, the Modern Central Bank Sandbox, which will focus on serving reserve banks that are planning to “streamline regulatory reviews,” work with innovators on emerging technology (EmTech), or safely test their Central Bank Digital Currencies (CBDC)…. Read More

December 14, 2020 @ 7:45 pm By Omar Faridi  |  

Researchers at Coinbase recently looked at Ethereum (ETH) competitors (often referred to as Ethereum “killers”) and several other new blockchain or distributed ledger technology (DLT) platforms. Ryan Yi and Justin Mart from Coinbase Ventures analyzed the current landscape of DLT-powered smart contract platforms and emerging… Read More

December 13, 2020 @ 7:23 pm By Omar Faridi  |  

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, has confirmed that the $BOOST governance token, which includes its functionality with “a plethora” of native smart contracts like Boost treasury, Boost token rewards, Controller, and Vault has been “successfully” audited with CertiK. The CertiK team claims that… Read More

December 13, 2020 @ 6:55 pm By Omar Faridi  |  

Siam Commercial Bank (BKK:SCB) has partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand. As a digital banking service provider, Siam Commercial Bank (SCB) is focused on continuously updating its Fintech capabilities. SCB will now be working with the Lightnet… Read More

December 12, 2020 @ 12:41 pm By Omar Faridi  |  

Waves (WAVES), a blockchain-based platform for developing enterprise-grade applications, has teamed up with Bonded in order to help make the decentralized finance (DeFi) space more “inclusive” and accessible to users. The Waves team noted that they’ll be working with the developers of the Bonded platform,… Read More

December 12, 2020 @ 12:05 pm By Omar Faridi  |  

Blockchain security firm CipherTrace reports that only 22% of banking industry professionals and financial investigators “feel confident” in their ability to accurately identify cryptocurrency -related payments. In a December 9, 2020, CipherTrace-ACFCS Webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” more… Read More

December 11, 2020 @ 1:10 pm By Omar Faridi  |  

Kinjal Shah, a Senior Associate at San Francisco-based Blockchain Capital LLC, a VC and private equity firm that’s focused on the blockchain or distributed ledger technology (DLT) sector, notes that research shows that only around 34% of Americans still have a “fair amount of trust”… Read More