European Commission launches a blockchain regulatory sandbox
The Paypers
FEBRUARY 16, 2023
The European Commission has launched a new regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).
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The Paypers
FEBRUARY 16, 2023
The European Commission has launched a new regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).
PYMNTS
NOVEMBER 3, 2020
In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. In the latest show of support for distributed ledger technology, J.P.
Fintech News
DECEMBER 11, 2023
The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The PoC explored two models.
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. This would preserve the global reputation of the euro.”.
The Fintech Times
JANUARY 24, 2024
As regulations evolve to meet this demand, firms like R3 , the distributed ledger technology (DLT) and services provider, are looking to make adoption as seamless as possible. Digital assets and digital currencies continue to grow in popularity and demand.
The Fintech Times
MAY 18, 2024
Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Looking to the future Preparations for further trials and experiments are ongoing and will cover a variety of use cases.
PYMNTS
NOVEMBER 2, 2020
Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated.
PYMNTS
NOVEMBER 26, 2019
Customers can tap into about 1,800 partner resources at the SAP App Center, sorted by product, industry and use case scenarios. The program offers SAP technologies through one global OEM contract.
PYMNTS
SEPTEMBER 15, 2020
With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. Yet even more FIs have access to RTP as a result of third-party technology partnerships, a press release said last week.
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. Whilst we were talking to them about Invoice Check, they were asking about a lot of different use case scenarios for blockchain applications.
PYMNTS
NOVEMBER 25, 2020
“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.
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. Category Breakdown.
PYMNTS
SEPTEMBER 18, 2019
financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release on Tuesday (Sept.
CB Insights
OCTOBER 29, 2020
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. Categories are not mutually exclusive, and companies are mapped according to their primary use case.
CB Insights
SEPTEMBER 7, 2021
Categories are not mutually exclusive and companies are mapped according to primary use case. For example, US-based Digital Asset offers Daml — an application platform for organizations to build full-stack, distributed applications for distributed ledger technology (DLT), blockchain, or internal databases.
PYMNTS
OCTOBER 26, 2017
Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. In April, the group said it had completed a proof of concept.
PYMNTS
APRIL 3, 2019
Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. The collaboration ties together virtual card technology with the Bill.com platform to help smooth and speed invoice payments. A Larger Stage.
PYMNTS
NOVEMBER 19, 2020
One of the latest adopters of Mastercard's Track solution is Transcard , which announced its A2A capabilities wielding Mastercard technology. The technology is designed to combat fraud for both businesses and customers as an overlay service that operates on top of a range of existing rails. Rapyd Combats Fraud Across Payment Rails.
CoinRemitter
FEBRUARY 9, 2024
limited region, limited users, and specific use cases) with restricted functionality. Developers and authorities collect feedback from users during the pilot stage having some measurement points such as ease of use, accessibility, technical performance, economic impact, and overall satisfaction.
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. ” However, that’s only the beginning.
PYMNTS
FEBRUARY 20, 2019
Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The newswire said that Berlin exists as a “hub” for the industry, where roughly 10 startups focus on blockchain, and end markets span energy, pharma and transportation.
PYMNTS
JULY 25, 2018
The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. ” The company has also applied blockchain technology to help protect consumers, by helping security tied to internet access.
PYMNTS
AUGUST 1, 2018
Forrester Research noted that some projects may be winding down, and some pilot tests of the technology may be walked back a bit, illuminating at least some isolated cases of tempered enthusiasm or expectations of blockchain potential. To put it another way, might the additions of links to the blockchain be slowed a bit?
PYMNTS
AUGUST 15, 2018
And, as the site further noted, the World Bank and the CBA are using blockchain without cryptocurrencies, reporting that “it’s fair to say that mainstream financial institutions have gone as far as divorcing cryptocurrency from blockchain, with the former seen as an unnecessary byproduct of the technology.”.
PYMNTS
AUGUST 8, 2018
Use cases are growing with blockchain, and while the headlines may focus on large-scale government initiatives and where distributed ledger technology (DLT) might be headed, the fact remains that smaller projects are gaining traction. Ballots Over Blockchain. Of that amount, the U.S.
PYMNTS
JANUARY 2, 2019
Visa ended 2017 with a B2B payments focus that it kept rolling early in 2018 as it began testing and expanding B2B Connect , its cross-border corporate payments solution that integrates distributed ledger technology (DLT). Blockchain is absolutely an option we’re looking at,” said Carriedo.
PYMNTS
FEBRUARY 14, 2018
Spending on blockchain technologies will ramp up to $9.2 It could be a year of that leap, but this week, at least, experimentation remained in full swing from top conglomerates like Microsoft and Comcast and emerging FinTechs, as they introduced the market’s newest (potential) use cases for distributed ledger technology (DLT).
PYMNTS
AUGUST 22, 2018
According to the report, distributed ledger technology (DLT) will continue to rise, along with what BIS touted as “the myriad” number of benefits that accrue with that technology. Within the financial services realm, use cases for blockchain also showed how DLT might be used in actual offerings.
PYMNTS
OCTOBER 1, 2018
When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. EmTech announced this week that it is introducing identity and biometric hashing technology into KYC processes across all its platforms. New Use Cases.
Global Fintech & Digital Assets
NOVEMBER 7, 2023
Tokenisation refers to the process of digitally representing an asset (or ownership of that asset) using distributed ledger technology (DLT) through the use of digital tokens. The SFC may require Product Providers to demonstrate the soundness of the arrangements, and obtain audits and legal opinions.
PYMNTS
FEBRUARY 9, 2018
Corporates are now in a race to develop and deploy blockchain tools — and sure, part of the momentum behind that effort is the recognition that blockchain technology can lead to greater efficiency and speed in an array of business processes. We don’t generate or develop software,” he noted. Quaranta seemed to agree.
PYMNTS
NOVEMBER 15, 2017
Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. 9 with the U.S.
PYMNTS
DECEMBER 5, 2018
While central banks with legacy RTGS systems are pondering their next moves, others are looking to incorporate the technology for the first time. In both cases, many are turning to third-party providers for their solutions instead of updating or building their own infrastructure.
PYMNTS
JUNE 26, 2019
Players in payments and commerce keep trying to get their heads around blockchain technology, seeking out use cases and striving to determine if the reality can ever live up to the hype. Much confusion, and even false promise, surrounds the technology, which is often primarily associated with the world of cryptocurrencies.
Fintech Labs Insights
MAY 5, 2017
The excitement surrounding blockchain or the somewhat less jazzy sounding Distributed Ledger Technology (DLT – in all its forms and incarnations) has been much discussed and taken up many column inches over the past few years.
PYMNTS
APRIL 30, 2018
with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner. billion by 2021.
PYMNTS
APRIL 1, 2019
At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change.
PYMNTS
MARCH 6, 2019
Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”.
PYMNTS
JULY 31, 2019
Cross-border transactions remain difficult to navigate due to the various regulations and technologies available in different countries. You have to make sure the colors match up across a myriad combinations of markets, currencies and use-cases.
PYMNTS
JULY 17, 2018
The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting.
PYMNTS
DECEMBER 6, 2017
Nearly every day, it seems, another technology company announces its vision for blockchain. But highly specialized startups aren’t the only ones playing around with distributed ledger technology (DLT). Specifically, said reports in CoinDesk , the bills would define “blockchain technology” and “smart contract.”.
CB Insights
APRIL 7, 2018
.” To imagine a world where robots do all the physical work, one simply needs to look at the most ambitious and technology-laden factories of today. For example, the Dongguan City, China-based phone part maker Changying Precision Technology Company has created an unmanned factory. So, what does the future of factories hold?
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