Finance

Ripple Joins the ISO Global Standards Body for Cross-Border Payments

Ripple has become a member of the ISO 20022 standards body which is pushing a new payment and data communications technology system between global financial institutions. The company claims to be the group’s first centered distribute ledger technology (DLT). And that involves a range of international commercial and central banks alongside payment processing organizations such as SWIFT and […]

Atomic Loans Launching a Product on DeFi

Atomic Loans Launching a Product on DeFi

Atomic Loans is releasing a Decentralized Finance (DeFi) product that is likely to be the nearest to a Bitcoin (BTC) chain direct implementation. It doesn’t completely stop using an external smart contract platform, but it allows for collateral directly using Bitcoin. On April 14, the company announced it had raised $2.45 million in seed funding […]

China Everbright Bank Uses Ant Financial DLT for Supply Chain

A Major Chinese Commercial Bank Uses Blockchain-based Supply Chain Finance

Popular as a major commercial bank in China and one of the largest public companies in the world, China Everbright Bank (CEB) is working on introducing a blockchain-based supply chain finance solution in partnership with Ant Financial. Ant Financial, which is widely recognized as the financial arm of the Chinese e-commerce giant, Alibaba, teams up […]

Akon's crypto project Akoin adds Delchain as Partner

Akon’s Crypto Project “Akoin” Adds Delchain as Partner

Akoin, a cryptocurrency project from famous Grammy-nominated singer & rapper Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s token generation event on a top tier exchange, scheduled for Q2 of 2020,” Akoin […]

Sweden's central bank digital currencies

Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies

The Riksbank, Sweden’s central bank that started testing its own central bank digital currency (CBDC) in February, wants to host the digital currency innovation hub by the Bank for International Settlements (BIS). Officially announcing the news on March 6, the Riksbank noted that in order for the hub to be located in Sweden, the bank […]

Uphold's new debit card lets you pay with bitcoin, xrp, and gold

Uphold’s New Debit Card Lets You Pay with Bitcoin, XRP and Gold

Digital payment platform Uphold has announced a new debit card, allowing users to pay with converted crypto, commodities, and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold accounts at any Mastercard compatible location, a representative from Uphold told the media in an interview. “Anywhere globally where […]

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 […]