DLT

Japanese bank Sumitomo Mitsui

Sumitomo Mitsui, a Japanese bank, has launched the country’s first ‘a-1’ rated security token

Sumitomo Mitsui Trust Bank, or SMTB, a Japanese bank, launched its first asset-backed securities token on March 29 in collaboration with Securitize. The instrument is the first security token to enter the Japanese market that complies with the Financial Instruments. And Exchange Act (FIEA). In addition, Rating and Investment Information, Inc, a Japanese rating agency. […]

nigeria blockchain revenue

Nigeria hopes to generate $10B in revenue from blockchain by 2030

The director-general of the National Information Technology Development Agency of Nigeria, or NITDA. Said the country could potentially expect blockchain technology to generate revenues of between $6 billion and $10 billion over the next ten years. Director-General Kashifu Inuwa spoke at a stakeholder meeting in the Nigerian capital of Abuja to review the Agency’s National […]

million

Digital business plan of the Australian government includes $5 million for blockchain

This week, the Australian government unveiled its Digital Business Plan of $574 million, which includes seven-figure grants for distributed ledger technology initiatives. “The plan outlines $4.95 million in support for” two blockchain pilots aimed at reducing company compliance costs, “announced by Prime Minister Scott Morrison ahead of next week’s Federal Government budget. Morrison said: “The […]

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 […]

moneygram reveals fastsend

MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple

Remittances giant MoneyGram announces a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple aren’t involved. MoneyGram recently makes FastSend public. It’s a brand new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers […]

hedera hashgraph and google's partnership can generate $1.9b

Google Partnership with Hedera Hashgraph Can Generate $1.9B by 2024

Independent research firm Fundstrat predicts that Hedera Hashgraph, the enterprise-grade public distributed ledger platform, could generate $1.9 billion in value across its network by 2014. Fundstart’s predictions are highlighted in their latest report, which analyzes Hedera’s recent growth. The report shows that Hedera’s platform has handled over 36 million transactions since September 2019 when the […]

google joins hedera hashgraph

Google Joins Hedera Hashgraph’s Government Council

Hedera Hashgraph chose Google Cloud Platform as its preferred cloud provider for deploying its public networks. A Feb 11 post on Google blogs commends Hedera for the choice while revealing that it is taking an active stake in the project’s governance. Hedera is set to use Google Cloud to host its public testnets and Hedera […]

Dell among the founding members of new iota working group

Dell Among Founding Members of IOTA Working Group

American computer giant Dell is among 15 companies joining the IOTA working group to explore how the firm’s “Tangle” technology can be integrated into commercial solutions. IOTA and Eclipse Foundation, the open-source software foundation, announced Tuesday the new Tangle EE working group will begin working on projects that can help develop viable commercial use-cases for […]

blockchain based health data storage platform

UAE Health Ministry Debuts Blockchain Platform for Medical Data

The UAE’s Ministry of Health and Prevention (MoHAP) together with the Ministry of Presidential Affairs, Dubai Healthcare City and other relevant authorities have launched a blockchain-based health data storage platform. According to the Emirates News Agency, the blockchain-based platform aims to improve the efficiency of MoHAP and other health authorities’ smart health services. It will […]