The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date. The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the […]
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CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s […]
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Quantum computing services seem to be our future soon enough, but will cryptocurrencies be ready for it when the time comes? Quantum supremacy is officially here, whether we’re ready for it or not. This fall, a research paper from Google was prematurely leaked, claiming just that — quantum supremacy — including the results of a […]
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The world is inevitably becoming more and more digital, and Facebook’s digital currency dubbed Libra is a step toward this future. Since Facebook’s digital currency project, Libra, was announced in June, there has been a growing chorus of central bankers and policy makers pushing back against its ambitions. Germany’s Vice Chancellor Olaf Scholz and France’s […]
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Chinese Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its initial public offering in November. Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO). Canaan was the first Bitcoin mining giant to go public […]
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The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road, Ross Ulbricht. The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts […]
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Uphold and SALT form partnership to bring liquidity to millions of crypto holders through crypto-backed loans. Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral. […]
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The International Blockchain Monetary Reserve and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token. The International Blockchain Monetary Reserve (IBMR) and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia. Per a press release shared with Cointelegraph on Dec. […]
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China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by […]
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Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows […]
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