Tagged: dlt

December 4, 2020 @ 7:42 am By Omar Faridi  |  

The team at Security Token Advisors, which aims to “reinvent” finance with security tokens, reveals that the world’s top 100 banks in terms of assets under management (AUM) are learning how to “reinvent themselves” with blockchain or distributed ledger technology (DLT). The Security Token Advisors… Read More

December 4, 2020 @ 7:31 am By Omar Faridi  |  

Huobi Global, a leading digital asset exchange, claims that when it comes to the blockchain and crypto sector, there are “arguably no blockchain projects more important than Ethereum.” The second-largest digital currency by market cap has also been credited with being “the mother of ‘Generation… Read More

December 3, 2020 @ 11:22 pm By Omar Faridi  |  

Future Fintech Group Inc. (NASDAQ: FTFT), an established blockchain-enabled, digital commerce firm and a service provider for financial technology, has reportedly appointed Ming Yi as its new Chief Financial Officer (appointment effective as of November 30, 2020). Jing (Veronica) Chen has resigned from her role… Read More

December 2, 2020 @ 9:24 am By Omar Faridi  |  

The developers at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” have partnered with Monerium in order to bring regulated fiat money to the… Read More

December 1, 2020 @ 11:51 pm By Omar Faridi  |  

Justin Sun, the Founder of Tron (TRX), a major platform for building blockchain-based decentralized applications (dApps), has announced that TRON is planning to “adjust the incentive mechanism of the entire network with a focus on encouraging long-term holders who stake tokens for voting.” It’s worth… Read More

November 30, 2020 @ 8:21 pm By Omar Faridi  |  

NEO, which describes itself as a “rapidly growing and developing” blockchain ecosystem that aims to serve as the foundation for the next generation of the Internet (or Web 3.0), currently has a market cap of over $1.2 billion with each NEO token trading at over… Read More

November 30, 2020 @ 8:17 pm By Omar Faridi  |  

Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” recently revealed that its platform has enabled 77 different smart contract use cases. LINK tokens are currently trading for around $13.70 and they have a market… Read More

November 30, 2020 @ 8:08 am By Omar Faridi  |  

  We recently connected with Luke Stokes, Managing Director for the Foundation for Interwallet Operability as well as the Interim Executive Director for the EOS Foundation, which is focused on supporting the development of EOS, a major platform for building decentralized applications (dApps). Stokes says… Read More

November 28, 2020 @ 4:43 pm By Omar Faridi  |  

Mercurity Fintech Holding Inc., which leverages blockchain or distributed ledger technology (DLT) to assist businesses with conducting “instant” cross-border transactions and remittance payments (through banks or financial institutions), has released its third-quarter 2020 financial results (for the period ending September 30, 2020). Mercurity reports (generally… Read More

November 27, 2020 @ 4:08 pm By Omar Faridi  |  

The developers of the Waves protocol and MADANA are teaming up so that they can leverage the benefits of “confidential” computing when working with blockchain or distributed ledger technology (DLT)-based Oracles and while engaging in inter-chain communication. Through the partnership, Waves and MADANA have agreed… Read More

November 26, 2020 @ 8:53 am By Omar Faridi  |  

Chainalysis, a leading blockchain research firm, says that the best way to assess or determine the risk of a virtual currency address or group of associated addresses (e.g., like a wallet) is to analyze all the other addresses with which it has conducted transactions. According… Read More

November 25, 2020 @ 3:54 pm By Omar Faridi  |  

We recently caught up with Pradeep Goel, CEO of Solve.Care, which is a global healthcare blockchain technology platform. Solve.Care recently announced the launch of Definitize, a Decentralized Autonomous Organization (DAO) for healthcare financing. Definitize aims to improve access to care, which should enhance healthcare outcomes… Read More

November 24, 2020 @ 8:14 pm By Omar Faridi  |  

Ontology, the “high-performance,” open-source blockchain that’s focused on digital identity and data, will be working with the Polkadot Ecosystem Project, which is described as a “sharded” blockchain that connects multiple chains together in a single network. According to a release, the joint venture will see… Read More

November 24, 2020 @ 7:48 am By Omar Faridi  |  

Capgemini has released a new report titled, Payments – Top Trends 2021: Drivers, Opportunities, and Risks Shaping Financial Services. While highlighting key Fintech trends in the payments sector, the extensive report noted that Payments-as-a-Service has gained significant “traction” among small- and mid-tier institutions. It added… Read More

November 23, 2020 @ 7:15 pm By Omar Faridi  |  

Reef Finance has reportedly integrated with Kava to provide “world-class” decentralized finance (DeFi) services to platform users. As noted in the announcement: “Kava [has] partnered with Reef Finance, the leading DeFi project in the Polkadot ecosystem. The cooperation will bring Kava’s collateralized loans, USDX stablecoins,… Read More

November 23, 2020 @ 5:43 pm By Omar Faridi  |  

Binance, the world’s largest crypto exchange, notes that its decentralized gaming virtual world and Binance Launchpad alumnus The Sandbox has announced that 1,859 premium LANDS NFTs (non-fungible tokens) “adjacent to Binance estates will be available for purchase” during its LAND presale (which reportedly began on… Read More

November 21, 2020 @ 4:33 pm By Omar Faridi  |  

The United Arab Emirates (UAE) is reportedly leading the MENA region’s Fintech sector with a projected valuation of around $2.5 billion by 2022 (which is still not significant compared to international standards). Regional and multinational financial services providers have been launching digital platforms in order… Read More

November 21, 2020 @ 2:14 pm By Omar Faridi  |  

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

November 21, 2020 @ 1:12 pm By Omar Faridi  |  

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

November 20, 2020 @ 9:59 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange in terms of trading activity and scope of operations, has issued an update regarding its $100 million accelerator fund. The Binance team revealed that there are now more than 13 different projects being supported by the exchange’s $100… Read More