Tagged: dlt

Fintech Ripple and IRC to Explore How Cross-Border Payments Solutions and Pending RLUSD Stablecoin May Be Used in Delivery of Aid

Ripple, the provider of digital asset infrastructure, has recently announced a partnership with the International Rescue Committee (IRC), one of the humanitarian organizations helping people affected by crises to survive, recover and rebuild their lives. Ripple and the IRC will now aim to explore how… 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

Colombian Neobanking Fintech Littio Leverages OpenTrade to Provide Interest-Bearing USD Accounts to Clients via Avalanche Network

Littio, a Colombian neobank focused on addressing the currency devaluation problem for Latin Americans through various dollar-based product offerings, is now using OpenTrade‘s real-world asset (RWA)-backed yield vaults, via the Avalanche network. Via OpenTrade, Littio reportedly provides clients “yield-bearing” savings Pots with returns that are… 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

Blockchain Intelligence Firm TRM Labs Obtains FedRAMP Moderate Authorization, Expanding Federal Offerings

TRM Labs, a key player focused on blockchain intelligence, announced that it is the “first” blockchain intelligence company to achieve FedRAMP Moderate authorization. TRM Labs and Palantir have partnered “through Palantir’s FedStart Program to accelerate TRM Labs’ ability to support a broader range of federal… Read More

BIS Outlines Distributed Ledger Technology (Blockchain) Risks

In a working paper posted yesterday, the Bank for International Settlements (BIS) posted a treatise on Novel risks, mitigants and uncertainties with permissionless distributed ledger technologies (DLT). The executive summary of the paper is brief, explaining: “Banks that transact on permissionless blockchains or similar distributed… Read More

Layer 1 Blockchain Agoric, which Focuses on Chain Abstraction, Announces Key Updates

Agoric, a layer 1 blockchain designed for chain abstraction, has recently announced several significant developments that will enhance its ecosystem and provide new opportunities for its community and developers. Last week, Agoric had announced the launch of its Orchestration API, which is “designed to revolutionize… Read More

State Street Is Reportedly Exploring Feasibility of Blockchain-enabled Solutions

State Street (NYSE: STT) is currently examining various options for settling payments on blockchain, according to a report from Bloomberg. State Street, which is focused on the financial services and banking sector, is assessing if it should introduce its own stablecoin, issuing its own deposit… Read More

Figure Technology Solutions Launches Blockchain-based Marketplace of Private Credit Loans

Figure Technology Solutions, the technology platform streamlining the private credit and housing markets, announced the launch of Figure Connect, a blockchain-based multi-seller, multi-buyer marketplace of private credit loans. Figure Connect brings Figure’s broad and deep capital markets buyer universe “directly to Figure’s loan origination partners.”… Read More

DLT Adoption: iCapital Launches First Fund on Distributed Ledger Technology

iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the successful launch of the first fund leveraging iCapital’s new Distributed Ledger Technology (DLT). The fund is distributed by UBS Wealth Management. This marks an important technological advancement “for… 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

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

Blockchain Data Analytics Platform Nansen Shares Latest Product Updates

Blockchain firm Nansen has shared their quarterly updates including a range of new blockchain integrations and features to give clients a market edge. As the first quarter of 2024 comes to a close, Nansen says that they are pleased by the crypto market’s growth. Over… Read More

Figure Introduces Mortgage Loan Registry to Lending Partner Ecosystem

Figure Technology Solutions, provider of a disruptive and scaled technology platform built to enhance efficiency and transparency in financial services, announced that it will begin making its DART System, a combined lien and eNote registry service, available to private and wholesale lending partners, “initially for… 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

Hyperledger Foundation Announces Citi and Brazilian Development Bank as New Members

Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Citi and the Brazilian Development Bank (BNDES) as new members. Additionally, the foundation unveiled a new Hyperledger Besu Financial Services Working Group, chaired by DTCC, that will “support operationalizing the open source Ethereum client… 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

Telegram Introduces Ad Revenue Sharing Initiative via TON Blockchain

Telegram has recently introduced an ad revenue-sharing initiative through the TON blockchain. In a key development that may transform the current ecosystem of online advertising, Telegram recently unveiled an innovative ad revenue-sharing solution through the TON blockchain/DLT network. This latest announcement has led to a… 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

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