Major global banking payments network SWIFT has revealed it plans to integrate technology from R3. Major global banking payments network SWIFT has revealed it plans to integrate technology from enterprise blockchain software firm R3. Speaking at the Paris Fintech Forum on Jan. 30, CEO Gottfried Leibbrandt said SWIFT would be formally announcing its plans for […]
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The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details on the interbank digital currency they are co-developing. The United Arab Emirates’ (UAE) central bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) have announced that the interbank digital currency they are co-developing will be called “Aber.” The news was […]
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American health insurance giant Aetna, together with other major insurers, has partnered with IBM to create a blockchain network tailored to the healthcare industry. United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients […]
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Digital securities platform Securitize has joined the IBM Blockchain Accelerator program, aiming to address debt issuance using blockchain technology. Compliance platform for digital securities Securitize has joined the IBM Blockchain Accelerator program, Forbes reports on Jan. 21. According to Forbes, Securitize CEO Carlos Domingo said that the firm’s goal is to build a debt issuance […]
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The United Arab Emirates and Saudi Arabia announced an agreement to cooperate on the creation of a cryptocurrency. The United Arab Emirates (UAE) and Saudi Arabia have announced an agreement to cooperate on the creation of a cryptocurrency, UAE official news agency Emirate News Agency reports on Jan. 19. According to the report, the Executive […]
Continue ReadingSouth African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official […]
Continue ReadingR3 has announced the launch of its Corda Network, which will be operated and governed by a newly-created not-for-profit organization. Enterprise blockchain software firm R3 has announced the launch of its Corda Network, which will be operated and overseen by a newly created not-for-profit organization, the Corda Network Foundation. The announcement was made in an […]
Continue ReadingHSBC has been operating blockchain-based forex payments for just ten months but has seen huge growth. International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Through its proprietary blockchain platform dubbed […]
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The Malaysian government is reportedly still undecided whether or not to legalize cryptocurrencies. The Malaysian government is reportedly still undecided whether to legalize cryptocurrencies, English-language local media New Straits Times reports on Jan. 12. When answering a query about whether digital currencies are currently legal or illegal, Khalid Abdul Samad, the Malaysian federal territories minister, […]
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Previous estimates had put the mining malware figure at around 5 percent, but authors of the latest study claim their calculations are more reliable. Cryptocurrency mining malware is responsible for less of the supply of altcoin Monero (XMR) in circulation than previously thought, new research published Jan. 3 claims. A joint effort by researchers at […]
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