Tag: blockchain

boerse stuttgart
August 24, 2020 BY Valentina Kirilova

Boerse Stuttgart develops financing method for industrial capital goods using blockchain

Dr Ulli Spankowski, Chief Digital Officer of Boerse Stuttgart GmbH, commented: The project shows what novel investments are possible with blockchain-based tokens for investors in the industrial sector. At the same time, companies gain greater flexibility for the financing of capital goods. With a view to this and further new markets we are creating an end-to-end ecosystem for…

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SEC
August 14, 2020 BY Steffy Bogdanova

SEC raises charges against Boon.Tech and CEO for $5 million ICO

Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit said: Investors are entitled to truthful disclosures from issuers of securities, whether digital or otherwise.  Pavithran and Boon.Tech defrauded investors by convincing them to fund this endeavor based on the allure of innovation that simply did not exist. The US watchdog found that Boon.Tech and…

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blockchain
January 01, 2020 BY Mariela Naydenova

Takasbank launches blockchain-based gold transfer system

Takasbank (or Turkey’s Istanbul Clearing, Settlement and Custody Bank) has announced that it will be launching a blockchain-based physical gold-backed transfer system. The system is called BIGA Digital Gold and allows P2P gold transfer through blockchain. The transfer is valid for digitizable gold only. According to the announcement what the new system tries to accomplish…

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December 20, 2019 BY Mariela Naydenova

Blockchain giants partner to solve inefficiencies in the global FX market

The global FX market is to be disrupted and improved by major blockchain leaders. Finteum and Fnality have announced that they are partnering to create interoperability between Fnalty's USC Ethereum-based solution (Utility Settlement Coin) and Finteum's application (the app is built on R3's platform Corda). The interoperability creation will focus on intraday FX swaps executed…

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Twitter’s $787m earnings beats estimates of $776.1m
December 13, 2019 BY Mariela Naydenova

Twitter moves to blockchain

Jack Dorsey is an open supporter of the blockchain technology without a doubt. He recently travelled to Africa and commented on the fact that, according to him, Africa is the next big place for blockchain and cryptocurrencies. Apart from that, the CEO of Twitter is thinking of moving the platform to blockchain. On December 11th,…

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Japan
December 12, 2019 BY Valentina Kirilova

JPMorgan to launch blockchain payment network in Japan in January

JPMorgan’s interest in blockchain technology received a great deal of press back in February of this year, when we reported that it would be “the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stablecoin to speed up cross-border payments and gain other operating efficiencies, as well”.…

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Microsoft announces expansion of blockchain offering on Azure Cloud
December 11, 2019 BY Valentina Kirilova

Microsoft announces expansion of blockchain offering on Azure Cloud

Microsoft is expanding its Azure Cloud service offering by adding new features to its blockchain support platform, specifically new tokenization and blockchain data management services. The new token tool is designed to “simplify the definition, creation and management of compliant tokens built to industry standards”. The new blockchain data management features will simplify “the cumbersome…

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