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Finextra
JUNE 13, 2024
Brickken, a Barcelona-based startup pioneering in the tokenization of real-world assets, announced today its selection to participate in the European Blockchain and Distributed Ledger Technologies (DLT) Regulatory Sandbox.
The Fintech Times
MAY 15, 2024
“This partnership underscores our commitment to harnessing innovative blockchain solutions, ensuring Siemens AG remains at the forefront of global financial efficiency and connectivity. The post Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore appeared first on The Fintech Times.
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The Fintech Times
FEBRUARY 8, 2024
Abu Dhabi Global Market (ADGM), the international financial centre, has teamed up with Solana Foundation, to enhance distributed ledger technology (DLT) solutions and advance blockchain innovation.
The Paypers
FEBRUARY 16, 2023
The European Commission has launched a new regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).
PYMNTS
APRIL 5, 2019
A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted Blockchain Applications ( INATBA ) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies and organizations.
Payments Source
MAY 9, 2018
The banks contend distributed ledger technology (DLT) makes it easier to coordinate trade finance deals. And the use of smart contracts can help parties comply with contractual obligations such as staged payments.
CB Insights
SEPTEMBER 7, 2021
Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.
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CB Insights
NOVEMBER 5, 2020
Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees.
CB Insights
OCTOBER 29, 2020
This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.
PYMNTS
DECEMBER 17, 2019
Accenture , a professional services firm, and TradeIX, a blockchain startup in global trade finance, have teamed up to become an onboarding partner for the Marco Polo Network , according to reports. Sweden’s central bank recently asked Accenture to help with the development of its e-krona pilot for digital currency, earlier this month.
CB Insights
DECEMBER 17, 2020
Trying to understand how both big & small players are using Blockchain to disrupt finance? We help large orgs understand, via next-gen market intelligence, the DLT systems of tomorrow. Since 2017, an influx of banks has helped almost double the number of primary markets DLT players. First name. Company Name. Phone number.
The Fintech Times
FEBRUARY 12, 2024
The partnership will enhance distributed ledger technology (DLT) solutions and advance blockchain innovation in the region. Based in ADGM, the platform will also offer private equity/venture building facilitation, to support and grow the blockchain digital asset ecosystem in the UAE region.
PYMNTS
SEPTEMBER 15, 2020
PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether. RTP Expands Across FI Base. Financial institutions (FIs) in the U.S.
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PYMNTS
SEPTEMBER 18, 2019
To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision.
PYMNTS
NOVEMBER 19, 2018
The World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. and Portal Finance (Chile, Colombia, Mexico). Additional members are expected to be announced soon.
PYMNTS
NOVEMBER 19, 2020
Plus, blockchain makes new inroads in the B2B arena. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments. As more payment use cases emerge from distributed ledger technology (DLT), some solution providers are looking toward industry-specific applications of blockchain.
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The Fintech Times
MAY 30, 2024
A broad spectrum of entrepreneurs is spearheading the charge in various subsectors, including blockchain, payment processing, and digital banking. The Maltese government has made significant investments in fintech and digital technology education and training in partnership with educational institutions.
PYMNTS
MARCH 29, 2020
The World Health Organization ( WHO ) is working with blockchain and other tech companies on a program to help convey data about the ongoing COVID-19 pandemic, which it is calling MiPasa. The program is a distributed ledger technology (DLT) that will hopefully help with early detection of the virus and identifying carriers and hotspots.
PYMNTS
OCTOBER 8, 2020
Enterprise blockchain service provider Ripple on Thursday (Oct. Ripple describes its business model as using “technology to deliver financial solutions vital for businesses that were once only offered by multinational banks — without the cost and overhead of legacy systems. The service is not available to individuals.
PYMNTS
DECEMBER 30, 2018
Italy’s Ministry of Economic Development has published a list of 30 experts who have been tasked to develop the country’s blockchain strategy. They will also be charged with creating technical and regulatory tools for the nation’s blockchain industry. federal court.
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PYMNTS
JUNE 8, 2020
In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. The firms are operating using distributed ledger technology (DLT), which has been growing — in 2018, the number of firms using it sat at only 27 percent by comparison.
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PYMNTS
MARCH 14, 2019
The movement to bring blockchain to cross-border payments proceeds apace. Might SWIFT be giving a nod, at least partially, toward the use of distributed ledger technology (DLT)? In an interview with CNBC, SWIFT Asia-Pacific Managing Director Lisa O’Connor said that some of its members are indeed using blockchain.
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PYMNTS
NOVEMBER 27, 2019
The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo!
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PYMNTS
OCTOBER 29, 2019
China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. According to the report, the standards would be the first in the world.
PYMNTS
NOVEMBER 8, 2018
On another note, Seagate Technologies is teaming up with IBM for a blockchain project that seeks to address the counterfeiting of hard drives, Cryptovest reported.
PYMNTS
APRIL 3, 2019
It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change.
PYMNTS
SEPTEMBER 12, 2018
News came recently, when it comes to patents tied to the blockchain landscape, that Thomson Reuters found China, and Alibaba , to have had an outsized showing. Last year, 56 percent of all blockchain patents issued trace their genesis from China. Alibaba Bets On The Blockchain. Yet, blockchain remains an area of interest.
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PYMNTS
DECEMBER 11, 2018
BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. Founded by APMEX and Sprott, OneGold allows investors to buy, sell and redeem digital gold and other precious metals.
The Fintech Times
JUNE 6, 2024
This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.
45 PYMNTS
SEPTEMBER 10, 2019
At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments and … well , seemingly any exchange of value and information that one might envision.
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PYMNTS
SEPTEMBER 18, 2018
The World Economic Forum (WEF) has thrown its support behind blockchain technology to expand trade finance availability across the globe, touting the technology as a way to address the “paper monster,” tap into data and support governments’ export/import initiatives. The report also expects $1.1
PYMNTS
JULY 30, 2019
Emerging technologies, such as distributed ledger technology (DLT), increased international commerce, and new players like TransferWise, Alibaba and Amazon exacerbate these issues by introducing competition. Developments From Around The Smarter Payments World.
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PYMNTS
SEPTEMBER 20, 2018
The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC).
75 PYMNTS
AUGUST 23, 2018
Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models. In a report from the bank, blockchain may hold risk if it is misused. But, Kenya’s central bank has sounded a note of caution.
PYMNTS
DECEMBER 22, 2020
The digital currency in trial is supported by distributed ledger technology (DLT), and the two-part experiments also aim to examine the use cases of a DLT-enabled currency. Any bank can participate in the digital currency initiative, Ledger Insights reported.
PYMNTS
JUNE 13, 2019
For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.
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PYMNTS
SEPTEMBER 3, 2019
As blockchain continues to make inroads into supply chain tracking, various companies in the food and produce industry have been leveraging distributed ledger technology (DLT) to source and monitor “farm-to-table” activity. The app is tied to Continental’s blockchain-based Data Monetization Platform.
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PYMNTS
NOVEMBER 13, 2018
startup in the blockchain field called Axoni , Cryptovest reported. The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language called AxLang. (It HSBC , the U.K. bank, is backing a U.S. crude pipelines.”.
PYMNTS
AUGUST 29, 2018
Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Companies have dabbled in the lab,” the company wrote.
PYMNTS
OCTOBER 25, 2019
Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct. ” . ”
The Paypers
MARCH 7, 2019
(The Paypers) Commerzbank and securities marketplace Deutsche Boerse have completed a proof-of-concept (PoC) for a legally binding repo transaction using distributed ledger technology (DLT).
PYMNTS
NOVEMBER 7, 2018
In other news, Singapore is utilizing blockchain to introduce changes to its renewal energy trade. And as of last week, companies can now use a blockchain-powered system for their REC trading. At this time, 15 of the world’s largest global banks are conducting end-to-end, structured user acceptance tests.
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The Paypers
OCTOBER 14, 2016
(The Paypers) The Organisation for the Advancement of Structured Information Standards (Oasis) has teamed up with the International Securities Association for Institutional Trade Communication (ISITC) Europe to define technical standards for blockchain/distributed ledger technology (DLT).
PYMNTS
JANUARY 23, 2019
ING Bank has signed a five-year deal with R3 that will allow it to roll out R3’s commercial blockchain platform, Corda Enterprise, throughout the bank globally, as well as launch CorDapps across several business areas.
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