Public Mint wants its tokenized fiat currencies to power DeFi-like open financial applications. Public Mint launched its ‘fiat-native’ public blockchain on July 1 following two years of development. The platform comprises a blockchain for the tokenization of fiat currencies that are held in the accounts of insured and regulated fiat custodians — essentially comprising a […]
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A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima. Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu. According to a June 29 report in the Nikkei newspaper, Soramitsu will begin […]
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Blockchain technology is transitioning from a conceptual tool that powered the ICO boom into a value-adding service for mainstream industries. Blockchain technology has proliferated in a number of industries outside of the cryptocurrency space in the decade since Bitcoin’s (BTC) inception. The underlying technology of the preeminent cryptocurrency went under the radar in the early […]
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Blockchain companies are developing digital identity solutions to ensure regions can safely reopen following COVID-19 lockdowns. After spending months in lockdown, countries across the world have begun lifting stay-at-home orders enforced due to the coronavirus pandemic. Yet as countries look to reopen, and students and employees return to schools and offices, there is a fear […]
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China is not playing catch-up, but rather exploring aggressively pragmatic ways to deploy a digital infrastructure for the whole economy with the blockchain tech implementation. There is an old saying in China: “Building the road is the first step to becoming rich.” Asian countries use infrastructure to boost the economy, and China is probably the […]
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Ever since Charles Hoskinson issued an update on “Shelley,” Cardano’s price and community have adopted a bullish mood. Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube […]
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The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce. According to a Global Trade Review report, “more than a dozen […]
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One of the greatest challenges for digital content creators is the ability to maintain copyright over their works, and blockchain tech can help them. The narrative around blockchain technology as a great enabler of cross-sector innovation has endured since the technology’s perceived potential was assertively decoupled from fluctuations in the price of Bitcoin (BTC) in […]
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While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase. A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer […]
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Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization. Eight new members have joined Hyperledger, including several firms targeting tokenization initiatives. Hyperledger is a consortium of firms working on open-source enterprise solutions using distributed ledger technologies (DLT). Launched in December 2015 by the Linux Foundation, […]
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