Month:January 2019
Line from the Social Media World and Nomura Take Steps Toward Blockchain Ventures
The popular messaging and social media platform, Line, has forged a collaboration with Japanese financial giant Nomura to delve into blockchain-based ventures, as stated in their joint press release. Additionally, Line has rolled out a novel financing service. A document of understanding marks the initiation of collaborative discussions among Line Corporation, LVC Corporation, and Nomura Holdings.
Galaxy Digital Seeks to Gather Capital for a B2B Lending Initiative for Crypto Firms
Galaxy Digital, the crypto asset bank headquartered in New York City, has embarked on a mission to raise $250 million to support a lending operation aimed at aiding cryptocurrency enterprises, according to a South China Morning Post report. Founded by ex-Goldman Sachs partner Mike Novogratz, Galaxy Digital anticipates concluding its initial […]
Bitcarat Develops a Blockchain System for Diamond Verification
Bitcarat, a diamond exchange enterprise from Russia utilizing blockchain, has unveiled a new system designed to trace diamonds from their source to the end consumer, as shared in a TASS news agency press release. Supported by the Russian government, this innovative system is set to ensure the verification of every diamond and its subsequent products throughout the […]
SWIFT Embarks on DLT Integration with R3
The global banking payment network, SWIFT, has entered into a partnership with R3 to create a proof-of-concept that fuses their GPI payment standard with the R3 Corda platform, as noted by SWIFT's CEO during the Paris Fintech Forum. CEO Gottfried Leibbrandt emphasized the open and cooperative nature of the GPI platform and at the same […]
CargoX Joins Forces with RoadLaunch to Enhance the Smart Bill of Lading
Slovenia's CargoX, a blockchain-based cargo company, has allied with RoadLaunch, a fusion of IoT and blockchain in digital freight management, to advance its Ethereum-centered document transaction technology, stated the company's press announcement. This collaboration aims to enrich RoadLaunch's permission-based Hyperledger solution by integrating CargoX’s blockchain-enabled Smart Bill of Lading system. This will create a swift, safe, and […]
TokenSoft Unveils Knox Wallet: A Secure Storage Solution for Crypto
TokenSoft, a technology and security firm based out of San Francisco, has debuted Knox Wallet, a cold storage service tailored for digital security custodianship, announced the company in a blog post. Knox Wallet is a mobile-focused, secure cold storage solution for organizations managing digital securities and assets, merging high-end institutional techniques […]
Switzerland's ZHAW and Swisscom Introduce E-Signatures
Smart contracts are taking the spotlight. Following the Italian Senate's approval of smart contracts and digital authentication, the Swiss telecom enterprise Swisscom, together with ZHAW (Swiss University), has brought forth e-Signatures, per financial news outlet Cash. An interdisciplinary team comprised of ZHAW's legal and engineering experts joined Swisscom to develop an Ethereum-focused smart contract […]
Fidelity Prepares to Introduce Bitcoin Custody Service
The Boston-based financial organization, Fidelity Investments, is set to unveil its Bitcoin custody services in March, as per Bloomberg's report citing insiders familiar with the development. Fidelity is in the stages of developing a cryptocurrency custody offering anticipated to debut in March, beginning with Bitcoin storage, followed soon by Ethereum storage.
Tangem to Create Physical Notes for the Marshall Islands' Digital Currency
Tangem, a Swiss producer of blockchain smart card wallets and banknotes, has struck a deal with the Republic of the Marshall Islands to craft physical banknotes that mirror digital currency counterparts. A press release disclosed that Tangem will generate the tangible banknotes of the SOV — the globe's pioneer decentralized digital national currency. Once introduced, the SOV […]
Bloq Labs Rolls Out Titan to Elevate Hashing Capability
The Chicago-rooted Bloq Labs has announced the launch of a new software suite aimed at boosting hashing power significantly, according to a press release. There are 115 eager miners standing by for this cutting-edge software known as Titan, which promises to maximize mining effectiveness significantly, encapsulated by its motto of 'mining in mere minutes.'