Tag: DLT

March 12, 2019 BY Valentina Kirilova

Deutsche Börse, Swisscom and Sygnum to build a trusted digital asset ecosystem

Deutsche Börse Group announced that has joined forces with Swisscom, the Swiss Information and Communication Technology (ICT) company, and Sygnum, a Swiss and Singapore-based fintech firm. The companies want to build out and grow a trusted and regulatory compliant financial market infrastructure for digital assets. The ecosystem's aim is to enable investors to tap into…

Read more
GSX Group launches a digital stock exchange prototype
March 06, 2019 BY Valentina Kirilova

GSX Group launches a digital stock exchange prototype

The Gibraltar Stock Exchange (GSX) Group yesterday announced the successful deployment of an online stock exchange prototype that included a test bond issuance on the Global TestNet’s Securities Trading Asset Classification Settlement (STACS) Network. The prototype is based on the Distributed Ledger Technology (DLT) used by the STACS Network to meet the needs of capital…

Read more
January 29, 2019 BY Mariela Naydenova

Aber - UAE and Saudi Arabia's new cryptocurrency

A new major cryptocurrency is going to go live, after it was made public that the Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) are partnering on the project "Aber". Aber is a cryptocurrency project launched by the two entities to facilitate financial transactions between the two countries through the technology…

Read more
Bitcoin Suisse and Worldline partner to expand crypto acceptance at PoS
December 18, 2018 BY Valentina Kirilova

Experts comment on Switzerland’s status as a blockchain and DLT friendly country

Following the Swiss government’s release of an official report on Friday, advocating for decentralised financial transactions to have a place in the Swiss legal code, could this new strategy strengthen Switzerland’s status as a blockchain friendly country? LeapRate reminds that, a few days ago, the Federal Council adopted a report on the legal framework for…

Read more
XEM token just listed on Gibraltar Blockchain Exchange
November 28, 2018 BY Valentina Kirilova

GBX clients can now trade using GBP, EUR, and USD

Having last week been granted a full license as a provider of Distributed Ledger Technology (DLT) from the Gibraltar Financial Services Commission (GFSC) under Gibraltar’s Financial Services Regulations 2018 DLT framework, the Gibraltar Blockchain Exchange (GBX), has now released new fiat onboarding capabilities.  In addition to US Dollars (USD), clients can now onboard using British Pounds…

Read more
DTCC - new additions to the Board
November 07, 2018 BY Valentina Kirilova

DTCC enters test phase on distributed ledger project for credit derivatives

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, has announced that it has advanced to the testing phase of its project to re-platform its credit derivatives Trade Information Warehouse (TIW) on distributed ledger technology (DLT) and cloud. In this phase, 15 of the world’s largest global…

Read more
Can distributed ledger technology enable equity settlement?
October 23, 2018 BY Valentina Kirilova

Can distributed ledger technology enable equity settlement?

Payments Canada, the Bank of Canada, TMX Group (TSX:X), Accenture (NYSE: ACN) and R3 have published a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology (DLT). The findings are a result of the third phase of Project Jasper, a collaborative research initiative between Payments Canada, the Bank of Canada and…

Read more
DTCC - new additions to the Board
October 17, 2018 BY Valentina Kirilova

DLT can support trading volumes in the US equity markets: DTCC

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced the results of a benchmark study which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100…

Read more
IBM to distribute its custodial solution for digital assets through third party
July 30, 2018 BY Valentina Kirilova

CLS and IBM partner on LedgerConnect blockchain network for financial institutions

CLS, a market infrastructure group delivering settlement, processing, and data solutions, and IBM (NYSE: IBM) have just announced a collaboration on a proof of concept (PoC) for LedgerConnect − a distributed ledger technology (DLT) platform for the financial services industry designed to enable banks, buy and sell side firms, FinTechs and software vendors to deploy,…

Read more