French luxury brand conglomerate LVMH is reportedly building a project on JPMorgan’s Quorum blockchain platform. French luxury goods giant Moët Hennessy Louis Vuitton SE (LVMH) is reportedly working with ConsenSys and Microsoft Azure to develop a blockchain platform for tracking its products, crypto media agency CoinDesk reports on March 26. Dubbed AURA, the blockchain-powered platform […]
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 QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]
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PwC France’s Pauline Adam Kalfon says central banks should stay away from crypto until it is “battle-tested” by corporations. Central banks should leave issuance of digital currencies to corporations such as Facebook and JPMorgan, according to a blockchain and financial partner at PwC France, Forbes reports March 22. According to PwC France’s Pauline Adam Kalfon, […]
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Bayer CropScience, an agricultural arm of Bayer pharma giant giant, has worked with ConsenSys-backed startup BlockApps since 2018. The agricultural division of pharmaceutical and life science giant Bayer AG, Bayer CropScience, is collaborating with ConsenSys-backed Blockchain-as-a-Service (BaaS) startup BlockApps. BlockApps revealed the news to Cointelegraph on March 22. Germany-based Bayer CropScience has been working on […]
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A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move. This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many […]
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JPMorgan Chase’s Ron Karpovich says there is “more partnership instead of competition” between the financial establishment and crypto disruptors. Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan Chase, stated that there is “more partnership instead of competition” between the financial establishment and crypto disruptors when it comes to the payments space. Karpovich made his […]
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Jeremy Allaire has said that stablecoins using open standards will prevail as the sector continues to see new market entrants. Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an […]
Continue ReadingFinanciers and investors fear that a “no deal” Brexit could spell “bust” for Ireland and the nations’ blockchain industry. Strong growth has returned to Ireland one decade after the banking crisis and international bailout. But, financiers and investors fear a “no deal” Brexit — in which the United Kingdom leaves the European Union without a […]
Continue ReadingIBM’s Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for IBM’s blockchain-powered cross-border payments solution. The head of blockchain solutions for IBM, Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for the tech giant’s blockchain-powered cross-border payments solution. Lund made his remarks during an interview […]
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