HSBC and StanChart Launch HK Blockchain Trade Finance Platform
A new blockchain-based trade finance platform, developed by HSBC (HSBA.L), Standard Chartered (STAN.L) and 10 other banks, was launched in Hong Kong on Wednesday to boost efficiency in the multi-trillion-dollar funding of international trade. HSBC said on Wednesday the platform, eTrade Connect, had allowed the Asia-focused British lender to reduce the time it takes to […]
Hong Kong Exchange Preps DLT-Based Post-Trade Allocation and Processing Platform
Hong Kong Exchange and Clearing Limited (HKEX) is teaming up with Digital Asset to build a blockchain platform for post-trade allocation and processing of northbound trades under the Stock Connect programme with China. Stock Connect is a collaboration between HKEX and the Shanghai and Shenzhen stock exchanges that lets international and mainland Chinese investors trade […]
EY Launches the World’s First Secure Private Transactions Over the Ethereum Public Blockchain
EY announced the launch of EY Ops Chain Public Edition (PE) prototype, the world’s first implementation of zero-knowledge proof (ZKP) technology on the public Ethereum blockchain. This technology is a first that will allow companies to privately and securely create and sell product and service tokens on a public blockchain with private access to their […]
Government Funds New Zealand Crypto Platform
The government’s innovation arm, Callaghan Innovation, has invested $330,000 into a New Zealand cryptocurrency savings and trading platform. The investment comes as the platform rebrands from MyCryptoSaver to Vimba to reflect the expanded range of services the Auckland-based startup offers. “This is a truly significant investment from Callaghan Innovation and a real show of faith […]
Diamond Miner Alrosa Joins De Beers Blockchain Traceability Pilot
Russian diamond miner Alrosa has joined the Tracr diamond industry blockchain traceability platform that fellow miner De Beers is developing. Alrosa’s involvement brings the world’s two largest diamond producers together in the pilot programme that aims to provide enhanced assurance for consumers and trade participants about the authenticity of their diamonds. “To provide true traceability, […]
Bittrex International to Launch Trading Platform
Bittrex International announced that it will launch a digital trading platform that will feature a streamlined token approval process and provide more trading options for qualified international customers. This new international trading platform, previously branded as Bittrex Malta, will begin a brief evaluation period during the next few weeks to ensure optimal operations for international […]
Pokemon Go of Blockchain
Cryptology Exchange, a community-centric cryptocurrency exchange based in Singapore has announced the listing of Izetex (IZX) on its platform, marking IZX’s first-ever exclusive exchange listing. Users can now trade IZX exclusively at Cryptology Exchange, with the trading pair IZX/ETH. Deposits and withdrawals for IZX are also available. Touted the “Pokemon Go of Blockchain”, Izetex (IZX) […]
Blockchain Startup Hires Away Google’s Messaging Tech Leader
Blockchain technology startup Ripple Labs Inc confirmed to Reuters on Friday that it hired Amir Sarhangi, who had been leading Google’s rollout of a new wireless messaging system, as vice president of products. San Francisco-based Ripple, which is among the most well known startups trying to capitalize on the technology that underpins cryptocurrencies, said it […]
Cryptocurrency Exchange Coinbase Lays Off 15 Employees
Cryptocurrency exchange Coinbase has reportedly laid off some employees this week. The cuts have affected its customer support, compliance, and fraud departments. According to sources quoted by Yahoo Finance, more than 15 people have been released from duties, mostly remote staffers. Coinbase has confirmed the layoffs but declined to specify the number. The personnel cuts […]
Vietnam Successfully Enters Blockchain Arena
Vietnam’s Largest Telecoms Company Viettel Enterprise Solutions Corporation aims to become the leading national blockchain technology provider in the next five years. “Blockchain is a technology that will change the world and Viettel would like to catch up with global development trends,” Ngô Vĩnh Quý, deputy general director of the corporation, told the “Blockchain at […]
The Malta Financial Services Watchdog Issues Warning on Cryptocurrency Trading Platform
The Malta Financial Services Authority has issued a warning against Primetradingbot, describing it a scheme of ‘dubious nature’. The Malta Financial Services Authority has warned that an online trading platform claiming to operate from Malta is not licenced by it and operates a “dubious” scheme. The entity flagged by the MFSA is called Primetradingbot and […]
Alibaba Cloud Launches Global Blockchain as a Service
Alibaba Cloud, the cloud computing arm of Alibaba Group, today expanded its Blockchain as a Service (BaaS) offering to major global markets including South East Asia, the U.S and Europe. Alibaba Cloud’s BaaS provides an enterprise-level platform service based on leading blockchain technologies and helps customers build a secure and stable environment for blockchain implementations. […]
Sony Develops Cryptocurrency Hardware Wallet Technology Using IC Cards
Sony Computer Science Laboratories, Inc. has developed a contactless IC card type cryptocurrency “hardware wallet technology *1 ” by utilizing Sony Corporation’s IC card technology. Currently, many cryptocurrency users are trading cryptocurrencies using online wallets *2 from the locations where they initially purchased their cryptocurrencies. When a user owns a cryptocurrency, what they actually own […]
Government Gibraltar Launch New Blockchain Courses
The Government of Gibraltar has announced the launch of a new advisory group that will focus on the creation of new technology related education courses, such as blockchain. The New Technologies in Education (NTiE) group will be a joint initiative between the Government and the University of Gibraltar in collaboration with some of the leading […]
Ticketmaster Acquires Blockchain Ticketing Solution Upgraded
Ticketmaster, the global leader in ticketing software and services, announced today that it acquired Upgraded, a blockchain technology company servicing the live events industry. Upgraded converts traditional tickets into secure interactive digital assets protected by blockchain, providing event creators with more control and visibility over ticket distribution, and protecting fans against fraudulent tickets. The acquisition […]
Malta: Two-thirds Fail Cryptocurrency Agents Exam
Nearly two-thirds of those applying for cryptocurrency agent certification failed the official assessment process despite last-second changes intended to boost the pass rate. Under the Virtual Financial Assets (VFA) Act coming into force in November, financial services practitioners looking to act as agents in the field, which includes cryptocurrencies like Bitcoin, had to undergo a short […]
DMG Blockchain Announces Management Platform for Cannabis
DMG Blockchain Solutions Inc., a diversified blockchain and cryptocurrency company, is pleased to announce that development is now underway with our technology partner to build a global supply chain management platform with a focus on the legal cannabis industry. Deployment will begin in Canada, and subsequently expand globally. DMG, together with its technology and finance […]
Industry Group Plans Blockchain Tool to Track Firms’ Sustainability Commitments
A responsible investment non-profit organisation said on Wednesday it aims to develop a blockchain tool to track companies’ sustainable commitments, to help identify those not keeping up with their ethical credentials. The plan comes as the ethical investment industry expands beyond its core centres of Europe and North America, with governments such as Indonesia issuing […]
