BLOCKCHAIN TECHNOLOGY

Regulating Blockchain

The first 100 days of the Biden administration has coincided with a watershed period in the evolution of blockchain technology and cryptocurrencies. The price of Bitcoin has risen dramatically during that period, triggering increased interest in cryptocurrencies, including among traditional financial services firms. In addition, developments such as the explosion of nonfungible tokens (NFTs) and […]

Viet Nam sees untapped potential for blockchain and AI development

There remains untapped potential for blockchain and artificial intelligence (AI) development in Viet Nam, experts told a recent talkshow in Ha Noi. Adam Christopher Chaplin – CEO of Defi For You, said that this was a golden time to promote research, development and application of blockchain technology in Viet Nam. As a cryptocurrency expert and […]

Sber could issue blockchain-based digital currency as early as this year

Sber, the state-controlled financial and tech giant, could issue its own digital financial asset, ‘Sbercoin,’ as early as this year. The registration of an in-house blockchain platform, developed for this purpose, is pending final approvals from the regulator. Sber’s blockchain platform will be made available not only to the bank, but also to other companies […]

4 ways blockchain will improve supply chain management

Supply chain departments are rarely the first ones to incorporate technological changes. Only a handful of them show interest in using mobile applications, engage with real-time data, and take advantage of the sharing economy. It’s necessary to know that the three factors mentioned above form the backbone of supply chain management. Now let’s focus on […]

Fintech Year in Review – 2020

As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year. Quarantines, masks, social distancing, unspeakable tragedy, economic ruin for some industries. But the fintech world proved it was equal to the task. Despite, or perhaps because of, the physical barriers established by the COVID-19 […]

Vietnamese bank issues its first letters of credit on the blockchain

HDBank has processed its first L/C transactions since joining the Contour platform for international trade. Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology. According to a Wednesday report by local media outlet Viet Nam News, the issuance, document presentation and successful […]

Ukraine’s CBDC, the Digital Hryvina, Will Run on Stellar’s Blockchain

Besides working on a central bank digital currency, Stellar Development Foundation (SDF) will also help with the development of digital assets and regulation of stablecoins in the country. The Ministry of Digital Transformation of Ukraine signed a Memorandum of Understanding and Cooperation with Stellar Development Foundation (SDF) on Dec. 28. SDF announced on Monday, this […]

BSN architect firm eyes CBDC with two new projects

The company behind China’s Blockchain Services Network revealed two projects to build infrastructure for central bank digital currencies (CBDCs) and stablecoins, promising a BSN payments layer, and a public chain in which “gas fees” can be paid without buying cryptocurrency. He Yifan, CEO of Red Date Tech, spoke at a TechNode-sponsored webinar recorded Dec. 21.  […]

Blockchain, cybersecurity focus in NAESB digital technology standards

The North American Energy Standards Boards (NAESB) is to continue to focus on standards development to support blockchain and more generally cybersecurity. The decision made by the NAESB Board of Directors follows the approval of a report on digitalisation in the energy sector addressing distributed ledger technology, cybersecurity and other digital technologies being implemented in […]

Chainalysis raises $100m

Blockchain analysis company Chainalysis has joined the unicorn club thanks to a $100 million Series C funding round led by Addition. Existing investors Accel, Benchmark, and Ribbit joined the round, the proceeds of which will be used by American-based Chainalysis for international expansion. Chainalysis provides data, software, services, and research to government agencies, exchanges, financial […]

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