How Can EEA’s Reward Token System Help Banks Motivate Their Employees?

Enterprise Ethereum Alliance’s reputation system: Why do banks want to reward employees with tokens? Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by Cointelegraph on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and […]

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Vanguard Group Tests Blockchain Platform for Trading Currencies

Investor giant Vanguard is testing a blockchain-powered platform that allows asset managers to trade currencies while avoiding the big investment banks. The Vanguard Group is testing a blockchain-powered platform that will allow asset managers to trade currencies while avoiding the big investment banks. On Oct. 3, Bloomberg reported that the United States-registered investment advisor group, […]

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Offline Transactions: The Final Frontier for Global Crypto Adoption

Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because […]

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Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network

OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network. OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network. According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in JPMorgan’s blockchain-powered interbank information network […]

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Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7

Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset.  On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank […]

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