The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial hub.” CBDC Strategy to Focus on Three Pillars The…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether’s Excess Reserves to Increase by $700M in Q1 2023…
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The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC. Major cryptocurrency company Ripple has not given up on its plans to go public despite its ongoing legal battle with United States regulators, according to SBI Group’s CEO. Yoshitaka Kitao, CEO of Japanese financial giant…
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A major global blockchain trade network welcomes one of Russia’s largest banks. Alfa-Bank, one of the largest private commercial banks in Russia, has joined a blockchain trade finance network backed by HSBC. According to an official announcement on Nov. 3, Alfa-Bank is the first Russian bank to become a member of Contour — a blockchain…
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Bangladesh is now on the blockchain map. Standard Chartered PLC, a British multinational banking and financial services company headquartered in London, England, has successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain trade transaction, according to Newage on August 16. The Standard Chartered bank issued a Letter of Credit (LC) for the trade between garment…
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R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language. DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain. Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda…
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The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain. The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain. In an announcement on July 14, the SFA said…
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Nasdaq is partnering with the blockchain solution provider R3 to build institution-grade digital assets and marketplaces. The world’s second-largest stock exchange and capital markets technology company, Nasdaq, has entered a partnership with enterprise blockchain solutions platform, R3. R3 announced the partnership on April 29, 2020, stating that Nasdaq will use its blockchain software, Corda, among…
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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the platform…
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Experts weigh in on how blockchain ID can restore self-sovereign identity both online and in the physical world. Although some people in life do an extremely convincing job of indicating otherwise, all humans have an identity. This identity comes in many forms, and as modern life has progressed, the ways in which people can identify…
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