Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]

Continue Reading

Huobi Launches OTC Desk for Institutional Investors

Major global crypto exchange Huobi launched a Gibraltar-regulated OTC desk to fulfill demand for large volume trading. Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the […]

Continue Reading

Luxury Fashion Brand Alyx to Use Iota’s DLT for Supply Chain Tracking

Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology for supply chain tracking. Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology (DLT) for supply chain tracking, cryptocurrency news outlet The Block reports on May 15. Per the report, Iota’s system will be implemented in partnership with global manufacturing company Avery […]

Continue Reading

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility

Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS. Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9. Custodied on Figure’s blockchain platform Provenance.io, the new […]

Continue Reading

A Landmark for the Blockchain Island

Latest news from the “Blockchain Island” — a view from the Maltese Junior Minister for Financial Services, Digital Economy and Innovation. Silvio Schembri is Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister of Malta Malta becoming the “Blockchain Island” is no longer a distant dream but a […]

Continue Reading