Tagged: stellar

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 9, 2020 @ 8:17 am By JD Alois  |  

Bitbond, a European digital asset platform, has partnered with Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, to issue a EURO stablecoin (EURB). The stablecoin is available today and is leveraging the Stellar blockchain network. The stablecoin is said to be the first… Read More

December 4, 2020 @ 2:13 pm By JD Alois  |  

DealBox has made the leap from Stellar to Tezos and the company completed the process with the assistance of Vertalo. DealBox is a digital security platform that facilitates tokenization as well as investment crowdfunding. In migrating from Stellar, DealBox leveraged Vertalo’s digital transfer agent while… Read More

November 20, 2020 @ 11:11 am By JD Alois  |  

Settle Network has launched two new stablecoins on in Argentina (ARST) and the other in Brazil (BRLT). Both issued using Stellar, these are the first stablecoins in each country. Stellar is a decentralized network that has focused on financial products and services. According to a… Read More

October 8, 2020 @ 9:39 pm By JD Alois  |  

Prime Trust has added Stellar (Stellar Lumens – XLM) to its list of supported cryptocurrencies. Prime Trust said addition has been made in response to the overwhelming demand from customers. Stellar is one of a few blockchains that have been favored by digital securities issuers…. Read More

August 24, 2020 @ 10:54 am By Omar Faridi  |  

Ukraine’s reserve bank claims that central bank digital currencies (CBDCs) may work well when the private sector is involved. The country’s central banking institution had launched a pilot program back in 2018 that had focused on developing a digital version of Ukraine’s national currency (the… Read More

August 7, 2020 @ 8:21 am By Omar Faridi  |  

The global payment industry and ecosystem has been growing steadily. The sector is projected to be valued at $2.7 trillion by 2023. Some of the challenges faced by the payment industry include high transaction fees, inefficient cross-border transactions, poor or lack of interoperability between different… Read More

July 26, 2020 @ 1:18 pm By Omar Faridi  |  

The Electric Coin Company (ECC), which supports the development of Zcash (ZEC), a privacy-oriented cryptocurrency, recently revealed that Liquid will be delisting ZEC along with 28 other digital currencies or tokens because the Japanese crypto trading platform is planning to apply for a license to… Read More

July 19, 2020 @ 4:01 pm By Omar Faridi  |  

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the development and growth of the open-source Stellar (XLM) protocol, recently announced that Samsung added support for the XLM digital currency to its Samsung Blockchain Keystore. XLM (or “lumens”) is now available… Read More

June 30, 2020 @ 4:17 pm By Omar Faridi  |  

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… 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 3, 2020 @ 9:39 am By Omar Faridi  |  

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

May 31, 2020 @ 5:32 pm By Omar Faridi  |  

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… Read More

February 25, 2020 @ 10:22 pm By JD Alois  |  

Kapilendo is a Germany based Fintech that started life as a more traditional debt-based crowdfunding platform but has recently issued its first digital security. While moving into the blockchain sector Kapilendo has also added digital banking services catering to SMEs. Launched in 2015, Kapilendo went… Read More

January 12, 2020 @ 6:09 pm By Omar Faridi  |  

Thailand-based Lightnet, a Stellar blockchain-enabled platform, has reportedly secured $31.2 million in funding in order to further develop its international payments service in the Southeast Asia region. The Bangkok-based company has finalized a Series A investment round that was led by established Asian financial conglomerates,… Read More

December 20, 2019 @ 11:59 am By JD Alois  |  

Digital asset platform Smartlands and UK Sotheby’s International Realty have agreed to experiment on the tokenization of luxury properties, according to a note from Smartlands. The tokenization platform said that blockchain technology can facilitate access to exclusive opportunities for a new generation of investors worldwide…. Read More

December 12, 2019 @ 4:34 pm By JD Alois  |  

Bitbond, a Berlin-based online lender and trailblazer in the digital asset sector, is leveraging its experience in issuing blockchain-based bonds to move into real estate. According to a note from Bitbond, the investment platform has formed a partnership with KlickOwn, a property investment platform. Bitbond… Read More

September 6, 2019 @ 7:18 pm By Cali Haan  |  

Multibillion-dollar American investment firm Franklin Templeton has filed a prospectus with the SEC detailing a plan to use the Stellar Lumens blockchain for automated settlement of shares in a “US government money fund.” The shares resemble “stablecoins” in that, “The Fund uses the amortized cost… Read More

June 20, 2019 @ 8:14 am By JD Alois  |  

UK based Smartlands has joined the European Crowdfunding Network (ECN). Smartlands is a blockchain based crowdfunding platform that tokenizes real estate investments. Earlier this month, Smartlands announced their first tokenized property investment while staking claim to being the first platform in the UK to accomplish… Read More

May 14, 2019 @ 9:54 am By JD Alois  |  

Paysend Group, an FCA licensed e-Money institution, is planning to issue a stablecoin in June. Paysend is using Stellar to provide the crypto that will allow its users to send instant global payments without the traditional cross-border fees. Paysend notes that Stellar was designed expressly… Read More