Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19. […]
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sponsored A company is offering cash loans of up to $30,000 with crypto as collateral — all without borrowers needing to sell their digital assets. A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral. YouHodler — whose name is inspired by the term […]
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SMBC conducted a proof-of-concept of R3’s Marco Polo with a multinational Japanese player. Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating […]
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Tokyo-based Recruit Co., Ltd. has invested in privacy coin project Beam Development Limited. Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18. Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was […]
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sponsored A startup says crowdfunding sites have a trust problem, with projects failing and contributors refusing to invest again. It believes blockchain can change this. A new blockchain platform is vowing to take on established crowdfunding sites — and argues that their lack of accountability means greater numbers of projects fail to deliver what they […]
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Fudan University has opened a blockchain research center that will purportedly facilitate the development of the Shanghai economy. One of the most selective universities in China, Fudan University, has opened a blockchain research center, according to an announcement published on Feb. 15. Per the announcement, Fudan University established the Shanghai Blockchain Engineering Technology Research Center […]
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Tech firm Blockstream has released the Schnorr-based multi-signature scheme MuSig designed to address Bitcoin blockchain privacy. The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18. Last January, four Bitcoin developers released […]
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An expert from the Bank of Spain has issued a detailed report on cryptocurrencies, stating that Bitcoin will not have a significant impact on the finance sector. An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy […]
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Oman’s second largest bank BankDhofar is now using RippleNet technology for cross-border payments to India. Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16. RippleNet is […]
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Bitcoin bull Tim Draper said that cash will be used only by criminals in five years, while crypto will become widespread. Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial […]
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