identity

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 […]

South Korea's NH Bank debuts Smasung backed blockchain ID system

South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System

A major blockchain identification project backed by South Korean tech giant Samsung is being rolled out for first commercial use. South Korea’s NongHyup (NH) Bank has introduced a blockchain-based mobile ID system developed within a tech consortium established by major local firms including Samsung Electronics and LG Uplus. According to the Feb 25th report by […]

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 […]

sectors realizing full potential of DeFi protocols in 2020

Sectors Realizing the Full Potential of DeFi Protocols in 2020

As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized Finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for anyone to piece together digital assets […]