As the industry decides what connectivity should be used for connected cars, the EU appears to be putting its weight behind WiFi over 5G. The EU hopes the approval of technical specifications for one technology over the other will help bring the industry together. Once there’s more certainty about what standard will be used, […]
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Halloween, the annual celebration of the spooky and supernatural, is just a couple of days away. For many in payments and the vast ecosystem that it powers, the scariest thing about Oct. 31 might not be the sight of a kid in a full-on Frankenstein costume at the door on Halloween night asking for candy. […]
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Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]
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U.K. startup Setl, which provides blockchain solutions for the financial sector, has gained French securities regulator’s approval to run a central securities depository. U.K. blockchain startup Setl is about to enter an E.U. settlement system after receiving approval from the French securities regulator to run a central securities depository, the Financial Times (FT) writes Tuesday, […]
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Privacy focussed web browser Brave is introducing a new feature to allow the tipping of individual Reddit and Twitter users. The functionality will be available from directly within the browser window and enable micro-payments using its native BAT token. Brave New World Brave browser has been making waves online with innovative features to enhance online privacy […]
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Port of Rotterdam partners with major Dutch bank and Samsung IT subsidiary to see how blockchain can improve shipping logistics from Asia to The Netherlands. The largest port in Europe, the Port of Rotterdam, has partnered with major Dutch bank ABN AMRO and the IT subsidiary of Samsung to test blockchain for shipping, a press-release […]
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Dutch banking giant ING wants to “improve” the anonymity credentials of enterprise blockchain use. Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21. ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such […]
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Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]
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The UK-based industry body RFI Foundation plans to develop a blockchain tool to track firms’ sustainable commitments. A U.K.-based industry body for the responsible finance sector revealed plans to introduce a blockchain tool to monitor firms’ sustainable commitments, Reuters reports Wednesday, Oct. 17. The Responsible Finance & Investment (RFI) Foundation is developing a blockchain-powered tool […]
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Why the European Blockchain Partnership proves Europe is getting serious about distributed ledger technology. On April 10, 2018, 21 EU member states and Norway signed up to create the European Blockchain Partnership. Including the UK, France, Germany, Sweden, the Netherlands and Ireland, they committed themselves to “cooperate in the establishment of a European Blockchain Services […]
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