SWIFT, the Belgian-based cooperative that serves as an intermediary and settlement executor of financial transactions between banks worldwide is planning to experiment with asset tokenization in 2022. In a blog post about the subject, SWIFT notes that it will be working with firms like Clearstream, Northern Trust, and SETL to explore “the feasibility and benefits”…
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Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021. Yat Siu of Animoca Brands Yat is the executive chairman and co-founder of Animoca Brands, which delivers digital property rights to the world’s gamers and internet users, thereby creating a new asset class, play-to-earn economies…
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Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021. Yaniv Tal of The Graph Yaniv is a co-founder and CEO at Edge & Node, and co-founder of The Graph, a decentralized indexing protocol used by blockchains such as Ethereum. “Many people and institutions got…
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Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance. The Reserve Bank of Australia (RBA) published a report into its two-year research project into wholesale central bank digital currencies (CBDCs) that emphasized the benefits of digitizing and autonomizing manual, paper-based banking processes…
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Blockchain technology promises to be the foundational network layer for many systems underpinning successful smart cities. Smart cities are steadily garnering attention worldwide as they become points of aspiration for many jurisdictions. There is a very clear relationship in these urban utopias between the citizens for whom they are built and the systems, networks and…
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According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very little processing fees. Inexpensive Transfers & Speed: Bank…
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Implementing artificial intelligence and blockchain technology into healthcare and medicine is key to unlocking human longevity. In the past 60 years, the life expectancy of the average newborn has increased by nearly 20 years — from 52.5 to 72, as of 2018. We’ve seen an incredible wave of technological innovation in this time: The introduction…
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The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT. The Swiss Financial Market Supervisory Authority, or FINMA, have today announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology. Initially intent on…
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Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer? How can this CBDC design trilemma be overcome? An identity-based, meta-blockchain can achieve all three design goals of identity, privacy and programmability. While blockchain systems can be structurally decentralized, the operation itself can be very…
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Regulated decentralized finance that combines permissioned layer-two protocols and a public blockchain network could be the future of fintech. John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance. Speaking during a webinar organized by Fintech Surge and the Future Blockchain…
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