Many people who are tired of everyday problems prefer to spend time in a virtual world where you can make or buy anything. Why is virtual land becoming more popular, and where can you buy it? A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual […]
Continue ReadingA U.S. financial services firm will tokenize up to $20 million worth of bourbon produced by Kentucky-based Wilderness Trail Distillery. United States-based Wave Financial Group will manage the tokenization of up to $20 million worth of bourbon whiskey produced by Kentucky-based Wilderness Trail Distillery. Wave told Cointelegraph in an email sent on March 18 that […]
Continue ReadingPer a new report, financial institutions have mostly deployed blockchain to improve payments, securities settlement, fraud detection security and trade finance. In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance. Published on March 19, […]
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China Everbright Bank, one of the world’s largest public firms, debuted a blockchain-based supply chain finance solution by Ant Financial. China Everbright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial. Ant Financial, the financial arm of […]
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A new FDA study shows that blockchain technology can save the pharmaceutical industry $180 million in labor costs by tracking and tracing prescription drugs. UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year. The study was […]
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Major European financial institutions have jointly launched a blockchain-based platform for the investment fund industry. Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry. The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, […]
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Waves has unveiled several upgrades to its enterprise platform, including a drastic increase in smart contract execution speed and licensing fees to operate on the network. Russian blockchain firm Waves has announced updates to its enterprise platform, including accelerated smart contract execution, licensing fees and inter-chain anchoring. On March 17, Waves wrote that the new […]
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Sweden’s central bank wants to join Switzerland, Singapore and Hong Kong in hosting the BIS innovation hub. The Riksbank, Sweden’s central bank that started testing its own central bank digital currency (CBDC) in February, wants to host the digital currency innovation hub by the Bank for International Settlements (BIS). Officially announcing the news on March […]
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The Cardano Foundation is being sued by a former research partner. Earlier today, March 16, Cardano Foundation made an announcement on its website disclosing that Z/Yen Group Limited (UK) has initiated legal proceedings against it. Z/Yen Group — Former Research Partner Z/Yen Group Limited is a fintech think tank and a former research partner of […]
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Amid a wind-down on coal and nuclear energy production in Germany, blockchain technology is being used to construct decentralized networks of clean energy producers. Royal Dutch Shell subsidiary Sonnen Group announced a partnership with the Energy Web Foundation (EWF) to use EWF’s blockchain to create a virtual power plant (VPP) in Germany on March 12. […]
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