Tagged: distributed ledger technology

AMINA Bank Exec Comments on State of Digital Assets Adoption in MENA Region

Rohan Misra, Head of GCC and Senior Executive Officer (SEO) of AMINA Bank in Abu Dhabi Global Market, has shared key insights with CI. As DeFi continues to reshape the financial landscape, numerous initiatives and hubs are emerging to harness the opportunities of this digital… Read More

HKMA Introduces Supervisory Incubator to Support Adoption of Distributed Ledger Technology (DLT)

The Hong Kong Monetary Authority (HKMA) launched the Supervisory Incubator for Distributed Ledger Technology to help banks responsibly unlock the transformative potential of distributed ledger technology (DLT). The Incubator is a supervisory arrangement designed to help banks maximize the “potential benefits” of DLT adoption by… Read More

The HBAR Foundation Issued Grant to WinCL to Elevate Carbon Transparency for SMEs in South Korea

In a move towards climate accountability, The HBAR Foundation has issued a grant to WinCL to elevate carbon transparency and greenhouse gas (GHG) accounting standards for SMEs and large enterprises across South Korea. Built on Hedera’s Guardian platform, WinCL’s solution promises streamlined emissions tracking, reporting,… Read More

BNP Paribas Announces Participation in Eurosystem Trials of Wholesale Settlement DLT Solution

BNP Paribas participated in Eurosystem trials of wholesale settlement DLT solution Eurosystem accelerates innovation and experiments wholesale settlement solutions for DLT transactions with BNP Paribas. BNP Paribas claims that it is at the forefront of financial innovation, testing all three solutions in the Eurosystem’s wholesale… Read More

Coinbase’s Project Diamond Integrates Chainlink Standard To Scale Institutional Adoption of Digital Assets

Chainlink, which claims to be the standard for onchain finance, and Coinbase (NASDAQ:COIN) announced  that Coinbase’s Project Diamond—a digital asset platform for institutions—is adopting the Chainlink standard as infrastructure for powering the lifecycle management of tokenized assets. Peregrine, PSG Digital’s regulated business in the ADGM,… Read More

CFTC Recommends Expansion of Non-Cash Collateral via Distributed Ledger Technology (DLT)

The Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee, sponsored by Commissioner Caroline D. Pham, advanced a recommendation to expand the use of non-cash collateral through the use of distributed ledger technology. The GMAC’s Digital Asset Markets Subcommittee presented on the progress of its… Read More

Binance Labs Invests in Brevis to Enable Use Cases with Off-Chain, Verifiable Computation Solutions

Binance Labs has reportedly invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such… Read More

Prague Stock Exchange Introduces Distributed Ledger Tech (DLT) enabled Setttlement System

CSD Prague reportedly received its first European DLT register approval. The Central Securities Depository (CSD) claims that is focused on leading innovation in the European capital market with the introduction of DLT (Distributed Ledger Technology). This technology has the potential to significantly enhance the financial… Read More

Utila Integrates with TRM Labs to Enhance AML for Institutional Digital Assets Operations

Utila, an institutional MPC wallet platform, and TRM Labs, a provider of blockchain intelligence, announced a strategic integration to empower institutional clients to integrate AML compliance into their crypto operations workflows, improving risk management capabilities. Via this latest integration, Utila users will reportedly be able… Read More

European Central Bank (ECB) to Conduct Distributed Ledger Tech (DLT) Trials

The European Central Bank (ECB) is focused on carrying out DLT or distributed ledger technology trials, which are currently underway. The Eurosystem is currently testing distributed ledger technology (DLT) for wholesale transactions in central bank money. During these trials, 16 private firms as well as… Read More

91M Transactions Per Day Processed By Fastest Blockchain – Research Report

The fastest blockchain has reportedly processed 91M transactions in a day, according to an update shared by CoinGecko. CoinkGecko recently shared a detailed report that examines which network support the fastest blockchain in the fast-evolving Web3 space. According to the report from CoinGecko, Solana has… Read More

Nordic Blockchain Association Welcomes Taurus to Expand Digital Asset Adoption Among Financial Institutions

Taurus SA is pleased to announce its new membership with the Nordic Blockchain Association (NBA), a non-profit organization dedicated to the advancement of blockchain technology in the Nordic countries. This partnership highlights Taurus‘ commitment “to supporting digital assets growth with traditional financial institutions in the… Read More

Fintech Truflation Integrates Chainlink CCIP to Tap Cross-Chain TRUF Transfers

Truflation are pleased to announce Truflation integrated Chainlink CCIP, the industry standard for secure cross-chain interoperability, across the Arbitrum, Base, and Ethereum mainnets. They are leveraging CCIP’s Simplified Token Transfer capabilities “to facilitate cross-chain transfers of our native token TRUF, enabling  cross-chain payments for node… Read More

Stablecoin Transactions Across Tron, Ethereum, Solana Serve As Crucial Proxy for L1 Blockchain Usage – Report

Innovation once more appears to be heating up in the digital asset space as old paradigms are set aside and new horizons become realized, the team at Coin Metrics noted. Coin Metrics also mentioned that Bitcoin is evolving “from a specialized chain whose primary purpose… Read More

Blockchain and Web3 Platform Avalanche Integrates with Fintech Stripe for Crypto Onramping

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly through Stripe, “removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

Digital Assets: VASPs Are Reportedly Leveraging SkyInsights for Crypto Compliance Requirements

CertiK notes that for about a decade, Chainalysis has been at the forefront of blockchain analytics and crypto compliance, “providing comprehensive coverage across a range of blockchains and tokens, and setting industry benchmarks with its data attribution and labeling capabilities.” However, CertiK claims that leading… Read More

Digital Assets Platform OKX Partners with Web3 focused Immutable

OKX is working with Immutable, a Web3 gaming platform. This partnership is expected to include the introduction of “a GameFi NFT launchpad and the integration of Immutable’s gaming-focused zkEVM chain into our OKX Marketplace and OKX Wallet.” OKX says that they aim “to transform how… Read More

Blockchain Adoption: Nansen and Mantle to Provide Insights into Their Ecosystem

Nansen has recently announced a new partnership with Mantle in order to deliver key insights into their ecosystem. In a blog post, Nansen confirmed their latest collaboration with Mantle Network, to deliver informative insights into the Mantle Ecosystem. Nansen said they are pleased to unveil… Read More

Ethereum (ETH) Equivalent ZK Rollup Project Taiko Reports New Funding Round

Taiko has acquired $15 million via a Series A round, bringing its total outside investments to $37 million. The initiative’s developers claim to be working on an Ethereum-equivalent ZK rollup with “based sequencing” – both described as being technological innovations. However, Taiko currently faces an… Read More

Web3 Adoption: Tenzro Launches AI Enhanced Platform for Creatives on Avalanche

Tenzro is launching its AI content platform on Avalanche, aiming to serve as an open, composable platform for any developer to be able to easily launch AI-powered creative content capabilities. By enabling dApp builders with robust AI capabilities, Tenzro believes that “all content creators, such… Read More

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