Tag: ledger

CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions

cashtechnews

The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]

Continue Reading

MetLife’s LumenLab Using Blockchain to Automate Life Insurance Claims

cashtechnews

Bereaved families who place an obituary for a loved one in a newspaper will now be able to instantly trigger searches for a matching life insurance policy. MetLife subsidiary LumenLab is using blockchain technology to automate life insurance claims, according to a news release published on June 17. Known as “Lifechain,” the collaboration with Singapore Press Holdings and NTUC […]

Continue Reading

Visa Set to Join the Expanding Field of Blockchain-Based International Payment Providers

cashtechnews

Visa launches a blockchain-based centralized payment settlement service for international business transactions, challenging USC and Ripple. Visa has launched a payment system for business-to-business (B2B) transactions partially based on blockchain technology. The United States payment behemoth says its platform, called Visa B2B Connect, offers seamless cross-border payment processing for institutional clients without going through the complex web of third-party […]

Continue Reading

IBM Announces New Multicloud Update to Blockchain

cashtechnews

IBM has announced updates to its Blockchain Platform, designed to support greater use across diverse networks. IBM has announced upgrades to its Blockchain Platform, according to a report by Ledger Insights on June 18. The new IBM Blockchain Platform will reportedly be able to run on multiple cloud networks, such as major tech corporation Microsoft’s […]

Continue Reading

Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency

cashtechnews

Italian banks will deploy blockchain technology to run reconciliations and improve transparency in transactions between banks. Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet Finextra reported on June 18. The Italian Banking Association (ABI) has announced that Italy’s banks will integrate distributed ledger technology (DLT) into […]

Continue Reading

Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria

cashtechnews

Austria’s Graz to use DLT-enabled energy trading platform by Power Ledger in move toward zero-carbon energy. Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18. The Australia-based company has partnered with E-NEXT, an innovation arm of major […]

Continue Reading

Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability

cashtechnews

Digital Asset has partnered with Amazon Web Services Aurora to make its open-source smart contract language more interoperable. Blockchain software firm Digital Asset has partnered with Amazon Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by […]

Continue Reading
Page 100 of 147
1 … 95 96 97 98 99 100 101 102 103 104 105 … 147