One of the Big Four banks in the U.K., Lloyds Bank, has partnered with blockchain platform Komgo to speed up international commodity trade finance. Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division. Blockchain to streamline international trade process On Sept. 25, United Kingdom financial news outlet FStech reported that […]
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David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks. David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks. In a Sept. 25 blog post, Marcus pointed out shortcomings of existing payment systems such as regional and international […]
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Exploring the quantity theory of money and the effect tokenization could have on future demand for commercial real estate investments. The concept of illiquidity discounts, how it relates to markets like commercial real estate, and the benefits that tokenization could bring to the industry are topics that I have already discussed in previous articles. In […]
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Chile’s top central banker says the financial system could benefit from central bank digital currencies, particularly in “unconventional” monetary policies. Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility in a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion […]
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The Turkish government has announced plans to establish a national blockchain infrastructure for public administration applications. The Turkish government has announced plans to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration. The Ministry of Industry and Technology set out its vision during its Strategy 2023 presentation on Sept. 18 in Ankara. […]
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The United States Food and Drug Administration will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative. The United States Food and Drug Administration (FDA) will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative. Per a Sept. 17 […]
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The Iota Foundation has introduced Chronicle, a permanode solution to allow its node owners to easily store all of their transactions for long-term access. Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data. Iota’s unlimited storage solution […]
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Performance claims of Hedera’s “third-generation” distributed ledger being called into question, what is the protocol really capable of? Hedera Hashgraph, a decentralized public network targeting enterprises and claims to be capable of processing 10,000 cryptocurrency transactions per second (TPS), has publicly launched its beta mainnet this Monday. Despite the project’s governing council attracting membership from […]
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Coinbase vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission. Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC). The U.S. CFTC Chairman […]
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American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology-based internal settlement service in 2020. American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020. In a Sept. 17 press release, […]
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