South Korea’s state-backed financial IT firm Koscom to develop a blockchain-based platform for trading unlisted securities. South Korea’s state-backed financial IT firm Koscom will develop a blockchain-powered platform for trading unlisted securities. Koscom to launch blockchain-based unlisted shares trading service in H2 2019 Launched by South Korea’s Ministry of Finance and primarily backed by the […]
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Commerzbank tested blockchain-based machine to machine payments with trucks produced by the firm behind the Mercedes-Benz auto brand, Daimler. Frankfurt bank and financial services firm Commerzbank tested blockchain-based machine to machine payments with trucks produced by the firm behind the Mercedes-Benz auto brand, Daimler. Automated, human-free, payments According to a Commerzbank press release published on […]
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The groceries sector benefits the most from distributed ledger technologies, new study finds. The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects. UCL: grocery most active in DLT tracking Research conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. […]
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South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform. South Korea’s oldest bank, Shinhan Bank, is developing a Distributed Ledger Technology (DLT)-enabled stock lending platform, local media Econonews reports on Aug. 1. Blockchain-based stock lending Per the report, Shinhan Financial Investment signed an agreement with financial services company Directional […]
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What exactly is the difference between a blockchain and distributed ledgers? Here is a full guide on what each technology does and how… “Blockchain” and “distributed ledger technology.” Many of us have been guilty of confusing these two terms and using them interchangeably. But even though their meanings overlap in a number of areas, and […]
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Gibraltar-based crypto derivatives exchange Quedex was granted a DLT license from the Gibraltar Financial Services Commission. Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC). Quedex claims to be the world’s first regulated crypto futures and options exchange Quedex was granted a Distributed Ledger Technology (DLT) Providers licence […]
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Per its first comprehensive report on the subject, the Senate of Hamburg expects blockchain tech to grow within the city. The Senate of Hamburg has introduced the first comprehensive report on the development of blockchain activities in the city. Hamburg Senate expects the role of blockchain to increase in the coming years In an […]
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With SWIFT looking to match Ripple’s transaction settlement rate, is speed the determining factor by which the success of a payment network will be measured? The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Regulatory innovation is no longer a matter of choice, it is a matter of survival, South Korea’s President Moon Jae-In said. South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival. Regulatory innovation is not a matter of choice anymore, it is a question of survival The […]
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