Search Results for: DLT

China Government set up a Blockchain and DLT Standards Committee

China Government set up a Blockchain and DLT Standards Committee

In the blockchain space, China’s government and its federal authorities are increasingly becoming active in moving forward innovation across the region. The government recently issued an official notice stating that they have set up a technical committee of 15 organizations to formulate national blockchain principles and distributed ledger technology. It comes only three days after […]

CULedger's DLT-based credit union platform is commercially live

CULedger’s DLT-based Credit Union Platform is Commercially Live

As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature. CULedger, a major fintech firm coordinated by an American national trade association, has commercially launched its blockchain identity platform. Formerly known as MyCUID, CULedger’s blockchain-based identity verification solution MemberPass is now commercially available after a […]

walmart canada and dlt labs launch industrial blockchain application

Walmart Canada & DLT Labs Launch Industrial Blockchain Application

Walmart Canada in collaboration with DLT Labs has launched the world’s largest full production blockchain solution for any industrial application. The blockchain-based freight invoice and payment reconciliation solution is now rolling out across Walmart Canada’s 60 transportation carriers. Its primary goal is to increase trust, efficiencies, and savings between Walmart and its carriers. However, all […]

Washington State Issues Bill to Promote Development of Blockchain and DLT

Washington State Issues Bill to Promote Development of Blockchain and DLT

The Washington State has introduced a bill, SB5638, to promote the development of distributed ledger and blockchain technology. The bill is an addition to the already existing act, “Washington Electronic Authentication Act”, with certain revisions in the “purpose and construction” and “definitions” sections. The State has also aligned with companies such as NEM, StormX, RChain, and Stably to build a robust blockchain scene.

SEC

US SEC launches FinHub to better address DLT and Digital Assets

The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), to aid its Fintech related activities including Distributed Ledger Technology (DLT) and Digital Assets, as published by officials on Oct. 18.

Blockchain
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The Pandemic Encourages Asian Countries to Take Blockchain

According to a report from the Nikkei Asian Review, the Coronavirus pandemic prompted many Asian countries to adopt blockchain technology to secure their data over the Internet against hackers and cyber-thieves. This increase in adoption comes as The Business Research Company said in 2023. It is expected that the global blockchain market will reach $15.88 […]

SBI Launches ‘Digital Token Issuance Platform’ on Corda Blockchain

Japanese financial giant SBI Holdings has unveiled a platform that will enable companies. And regional government agencies to issue “digital tokens” through the Corda blockchain network of the American firm R3. The company said by an official statement its platform is named S Coin. The solution is intended for businesses, it said. But SBI has […]

Smart Contracts In the Commercial Sector Will Need to Rely on IoT Sensors

Smart Contracts In the Commercial Sector Will Need to Rely on IoT Sensors

In certain industries, smart contracts have minimal efficiency unless they are applied along with IoT sensors. According to NYU blockchain and market experts. At the July 10 Unitize Conference on Interaction between Smart Contracts and the Internet of Things ( IoT) Sensors to Increase Business Performance, Stern School of Business Associate Professors Hanna Halaburda and […]