USStocks token allows a bet on the 500 biggest exchange-listed stocks. Decentralized financial contracts platform UMA has partnered with Decentralized Autonomous Organization (DAO) MakerDAO to release a token tied to the United States stock market, UMA announced in a blog post on March 27. The ERC-20 token, dubbed USStocks, seeks to offer investors access to […]
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Blockchain startup Animoca Brands revealed it has signed a global licensing agreement with Formula 1® to publish a blockchain game. Blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1® to publish a blockchain game based on the world-renowned racing series. The news was revealed in a press release from […]
Continue ReadingBlockchain-enabled diamond exchange Cedex has secured over 6,000 diamonds worth over $50 million that will be traded on its platform. Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27. Per the report, citing a press release from […]
Continue ReadingIndustrial trades leveraged the blockchain-based platform, with goods changing hands between Germany and China. Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions, a press release from Commerzbank, one of the participants, confirmed on March 28. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a […]
Continue ReadingSwiss president Ueli Maurer has stressed that regulation for the blockchain sector should be fast and clear. The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to […]
Continue ReadingSwitzerland-based KRONN Ventures AG and Vietnamese distribution company Linh Thanh Group will jointly launch a crypto exchange. Vietnam’s largest distribution company Linh Thanh Group has signed a memorandum of understanding (MOU) with Swiss blockchain company KRONN Ventures AG to establish a cryptocurrency exchange, according to a press release published on March 22. The collaboration is […]
Continue ReadingThe Technology Advisory Committee of the CFTC discussed reports on crypto regulation and distributed ledger technology in a recent meeting. The Technology Advisory Committee of the United States Commodity Futures Trading Commission (CFTC) discussed crypto regulation and distributed ledger technology (DLT) adoption during a meeting on Wednesday, March 27. The committee discussed various reports on […]
Continue ReadingCatherine Bessant defended the bank’s record patent stockpile, arguing it was nevertheless necessary to be prepared for change. A senior executive at Bank of America (BoA) is not bullish on blockchain despite the bank holding more patents than any other finance firm, CNBC reported on March 26. Speaking to the publication in an interview, chief […]
Continue ReadingThe president and CEO of Samsung SDS has said that blockchain can improve productivity in manufacturing. The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has said that blockchain can improve productivity in the manufacturing industry. President and CEO Hong Yuan Zhen’s […]
Continue ReadingADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent. The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is […]
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